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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:ASAN

Asana (ASAN) Stock Forecast, Price & News

$17.09
-0.18 (-1.04%)
(As of 09/21/2023 ET)
Compare
Today's Range
$16.85
$17.43
50-Day Range
$17.09
$24.42
52-Week Range
$11.32
$27.14
Volume
2.77 million shs
Average Volume
2.81 million shs
Market Capitalization
$3.75 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.31

Asana MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.7% Upside
$22.00 Price Target
Short Interest
Bearish
11.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Asana in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$53.38 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.34) to ($1.19) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Computer And Technology Sector

207th out of 593 stocks

Prepackaged Software Industry

52nd out of 202 stocks


ASAN stock logo

About Asana (NYSE:ASAN) Stock

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. The company serves customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

ASAN Price History

ASAN Stock News Headlines

Here are 5 Beaten Up Enterprise Software Stocks Ready to Rebound (ASAN)
Enterprise software stocks are badly beaten up but are now on the brink of a reversal supported by the growth of large clients and deepening penetration.
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
The Best Bouldering Crash Pads of 2023
Over $18M Bet On Asana? Check Out These 3 Stocks Insiders Are Buying
Asana: The Growth Story Is Far From Over
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Is It Too Late To Consider Buying Asana, Inc. (NYSE:ASAN)?
Asana Inc (ASAN): A Deep Dive into Its Performance Potential
Q2 2024 Asana Inc Earnings Call
Asana to Hold Investor Day on October 3, 2023
Asana's Stock Tanks After Q2: 5 Analysts Look At What Happened, Outlook
Why Asana Stock Flopped Today
See More Headlines
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ASAN Company Calendar

Last Earnings
9/05/2023
Today
9/22/2023
Next Earnings (Estimated)
12/07/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,782
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$22.31
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+30.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
14 Analysts

Profitability

Net Income
$-407,770,000.00
Pretax Margin
-53.41%

Debt

Sales & Book Value

Annual Sales
$547.21 million
Book Value
$1.52 per share

Miscellaneous

Free Float
80,710,000
Market Cap
$3.75 billion
Optionable
Optionable
Beta
1.24
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Key Executives

  • Mr. Dustin A. MoskovitzMr. Dustin A. Moskovitz (Age 38)
    Co-Founder, Pres, CEO & Chair
    Comp: $1
  • Mr. Justin Rosenstein (Age 39)
    Co-Founder, Advisor & Director
    Comp: $30k
  • Mr. Tim M. WanMr. Tim M. Wan (Age 52)
    Chief Financial Officer
    Comp: $706.67k
  • Ms. Anne Raimondi (Age 51)
    COO & Head of Bus.
    Comp: $745.83k
  • Ms. Eleanor B. Lacey Esq.Ms. Eleanor B. Lacey Esq. (Age 56)
    Gen. Counsel, Head of Legal & Corp. Sec.
    Comp: $522.5k
  • Ms. Krista Anderson-Copperman (Age 46)
    Advisor & Director
    Comp: $23.47k
  • Ms. Catherine Buan
    Head of Investor Relations
  • Mr. Kenny L. Van Zant (Age 53)
    Head of Bus.
  • Ms. Shannon Sullivan Duffy
    Chief Marketing Officer
  • Ms. Anna Binder (Age 50)
    Head of People Operations













ASAN Stock - Frequently Asked Questions

Should I buy or sell Asana stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Asana in the last year. There are currently 2 sell ratings, 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ASAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASAN, but not buy additional shares or sell existing shares.
View ASAN analyst ratings
or view top-rated stocks.

What is Asana's stock price forecast for 2023?

14 Wall Street research analysts have issued 12-month price objectives for Asana's stock. Their ASAN share price forecasts range from $10.00 to $30.00. On average, they predict the company's share price to reach $22.31 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for ASAN
or view top-rated stocks among Wall Street analysts.

How have ASAN shares performed in 2023?

Asana's stock was trading at $13.77 at the start of the year. Since then, ASAN shares have increased by 24.1% and is now trading at $17.09.
View the best growth stocks for 2023 here
.

Are investors shorting Asana?

Asana saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,420,000 shares, an increase of 5.5% from the August 15th total of 8,930,000 shares. Based on an average daily volume of 2,460,000 shares, the short-interest ratio is presently 3.8 days. Approximately 11.9% of the shares of the company are sold short.
View Asana's Short Interest
.

When is Asana's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our ASAN earnings forecast
.

How were Asana's earnings last quarter?

Asana, Inc. (NYSE:ASAN) posted its quarterly earnings results on Tuesday, September, 5th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.07. The company earned $162.46 million during the quarter, compared to the consensus estimate of $157.91 million. Asana had a negative net margin of 54.21% and a negative trailing twelve-month return on equity of 87.79%. The company's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.59) EPS.

What guidance has Asana issued on next quarter's earnings?

Asana updated its third quarter 2024 earnings guidance on Tuesday, September, 5th. The company provided earnings per share guidance of -$0.11--$0.10 for the period, compared to the consensus earnings per share estimate of -$0.15. The company issued revenue guidance of $163.50 million-$164.50 million, compared to the consensus revenue estimate of $162.84 million.

When did Asana IPO?

(ASAN) raised $0 in an IPO on Wednesday, September 30th 2020. The company issued 30,000,000 shares at a price of $0.00 per share. None served as the underwriter for the IPO.

What is Asana's stock symbol?

Asana trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASAN."

Who are Asana's major shareholders?

Asana's stock is owned by a number of institutional and retail investors. Top institutional investors include Champlain Investment Partners LLC (2.97%), State Street Corp (1.02%), Geode Capital Management LLC (0.70%), Renaissance Technologies LLC (0.66%), Goldman Sachs Group Inc. (0.65%) and Point72 Asset Management L.P. (0.50%). Insiders that own company stock include Anne Raimondi, Chris Farinacci, Dustin A Moskovitz, Dustin A Moskovitz, Eleanor B Lacey, Eleanor B Lacey, Justin Rosenstein, Lorrie M Norrington, Steven M Spurlock, Tim M Wan, Tim M Wan and Zachary Nelson.
View institutional ownership trends
.

How do I buy shares of Asana?

Shares of ASAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Asana's stock price today?

One share of ASAN stock can currently be purchased for approximately $17.09.

How much money does Asana make?

Asana (NYSE:ASAN) has a market capitalization of $3.75 billion and generates $547.21 million in revenue each year. The company earns $-407,770,000.00 in net income (profit) each year or ($1.54) on an earnings per share basis.

How many employees does Asana have?

The company employs 1,782 workers across the globe.

How can I contact Asana?

Asana's mailing address is 1550 BRYANT STREET SUITE 800, SAN FRANCISCO CA, 94103. The official website for the company is www.asana.com. The company can be reached via phone at 415-525-3888 or via email at ir@asana.com.

This page (NYSE:ASAN) was last updated on 9/22/2023 by MarketBeat.com Staff

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