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Last chance to set up your portfolio for OPEC cuts
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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

Asana Stock Price, News & Analysis (NYSE:ASAN)

$19.44
-3.87 (-16.60%)
(As of 12/6/2023 ET)
Compare
Today's Range
$18.75
$20.55
50-Day Range
$15.92
$23.31
52-Week Range
$11.32
$26.27
Volume
12.98 million shs
Average Volume
2.77 million shs
Market Capitalization
$4.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.86

Asana MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
7.3% Upside
$20.86 Price Target
Short Interest
Healthy
12.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Asana in the last 14 days
Based on 46 Articles This Week
Insider Trading
Acquiring Shares
$60.88 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.34) to ($1.18) Per Share

Overall MarketRank

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

1.88 out of 5 stars

Computer And Technology Sector

418th out of 594 stocks

Prepackaged Software Industry

116th out of 175 stocks


ASAN stock logo

About Asana Stock (NYSE:ASAN)

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 Stock Price History

ASAN Stock News Headlines

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Business collaboration software-as-a-service (SaaS) developer monday.com Ltd. had its sixth consecutive earnings blowout. Learn more.
Atlassian fumbles the quarter but is still leading the game (ASAN)
Collaboration software developer Atlassian's stock dropped 10% after its latest earnings report showed slowing growth, but the company is still a sector leader
Henry Ford Would NEVER Have Seen This Coming
In 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.
Asana (NYSE:ASAN) Downgraded by HSBC to Reduce
Asana's (ASAN) "Outperform" Rating Reiterated at Oppenheimer
Asana (NYSE:ASAN) Given New $21.00 Price Target at Morgan Stanley
Asana Sees Unusually High Options Volume (NYSE:ASAN)
Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Huge News for Asana, and Investors Aren't Happy
Asana stock sinks, Robinhood shares pop: Trending Tickers
Asana just downgraded at HSBC, here's why
Asana Warns About Lackluster Renewals; Shares Fall
Why Asana Stock Dropped Today
Rebel's Edge - December 6: $S, $ASAN, and NCAA Bowl Games
Why Asana (ASAN) Shares Are Plunging Today
Asana Earnings Were Solid. Why the Stock Is Sliding.
Asana: Q3 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
12/05/2023
Today
12/07/2023
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
3/13/2024

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 Target
$20.86
High Stock Price Target
$30.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+7.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
13 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$606.54 million
Book Value
$1.66 per share

Miscellaneous

Free Float
80,710,000
Market Cap
$4.27 billion
Optionable
Optionable
Beta
1.30
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ASAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Asana stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asana in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" ASAN shares.
View ASAN analyst ratings
or view top-rated stocks.

What is Asana's stock price target for 2024?

13 analysts have issued 1 year price targets for Asana's shares. Their ASAN share price targets range from $10.00 to $30.00. On average, they expect the company's stock price to reach $20.86 in the next twelve months. This suggests a possible upside of 7.3% 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 on January 1st, 2023. Since then, ASAN stock has increased by 41.2% and is now trading at $19.44.
View the best growth stocks for 2023 here
.

Are investors shorting Asana?

Asana saw a decline in short interest in November. As of November 15th, there was short interest totaling 9,090,000 shares, a decline of 11.1% from the October 31st total of 10,220,000 shares. Based on an average daily trading volume, of 2,610,000 shares, the short-interest ratio is presently 3.5 days. Approximately 12.1% of the shares of the stock 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 Wednesday, March 13th 2024.
View our ASAN earnings forecast
.

How were Asana's earnings last quarter?

Asana, Inc. (NYSE:ASAN) posted its quarterly earnings results on Tuesday, December, 5th. The company reported ($0.04) EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $0.07. The business earned $166.50 million during the quarter, compared to analysts' expectations of $164.09 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 17.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.49) earnings per share.

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

Asana updated its fourth quarter earnings guidance on Tuesday, December, 5th. The company provided EPS guidance of $(0.10)-(0.09) for the period, compared to the consensus EPS estimate of ($0.16). The company issued revenue guidance of $167-168 million, compared to the consensus revenue estimate of $166.85 million.

When did Asana IPO?

(ASAN) raised $0 in an initial public offering 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.

Who are Asana's major shareholders?

Asana's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (0.97%), Bank of New York Mellon Corp (0.37%), Northern Trust Corp (0.34%), Charles Schwab Investment Management Inc. (0.30%), Walleye Trading LLC (0.00%) and Stanley Laman Group Ltd. (0.16%). 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.

This page (NYSE:ASAN) was last updated on 12/7/2023 by MarketBeat.com Staff

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