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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
New CBOE “special perk” helps traders target income every weekend (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
New CBOE “special perk” helps traders target income every weekend (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
New CBOE “special perk” helps traders target income every weekend (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
New CBOE “special perk” helps traders target income every weekend (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
New CBOE “special perk” helps traders target income every weekend (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
New CBOE “special perk” helps traders target income every weekend (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
New CBOE “special perk” helps traders target income every weekend (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
New CBOE “special perk” helps traders target income every weekend (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
New CBOE “special perk” helps traders target income every weekend (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 

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

$23.31
+0.50 (+2.19%)
(As of 12/5/2023 ET)
Compare
Today's Range
$22.31
$23.44
50-Day Range
$15.92
$23.31
52-Week Range
$11.32
$26.27
Volume
6.11 million shs
Average Volume
2.73 million shs
Market Capitalization
$5.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00

Asana MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.9% Downside
$21.00 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 28 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

415th out of 593 stocks

Prepackaged Software Industry

121st out of 187 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

Monday.com rocked earnings like it's the weekend (ASAN)
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
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Asana: Q3 Earnings Insights
Asana Announces Third Quarter Fiscal 2024 Results
Asana (NYSE:ASAN) Surprises With Q3 Sales But Stock Drops
Asana Q3 2024 Earnings Preview
Asana is about to announce its earnings — here's what to expect
Asana (ASAN) Set to Announce Earnings on Tuesday
Asana: The Stock Deserves A Substantial Premium
Asana vs. Jira: Differences, pros and cons in 2023
Asana Q3 Preview: Not Worth The Risk
See More Headlines
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Company Calendar

Last Earnings
12/05/2023
Today
12/06/2023
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 Target
$21.00
High Stock Price Target
$30.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-9.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
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
$5.12 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 Wall Street analysts have issued 12-month price objectives for Asana's stock. Their ASAN share price targets range from $10.00 to $30.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 9.9%.
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 beginning of 2023. Since then, ASAN stock has increased by 69.3% and is now trading at $23.31.
View the best growth stocks for 2023 here
.

Are investors shorting Asana?

Asana saw a decline in short interest during the month of 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 trading volume of 2,610,000 shares, the short-interest ratio is currently 3.5 days. Currently, 12.1% of the shares of the stock are short sold.
View Asana's Short Interest
.

How were Asana's earnings last quarter?

Asana, Inc. (NYSE:ASAN) released its quarterly earnings data on Tuesday, December, 5th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.07. The firm earned $166.50 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.49) EPS.

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

Asana issued an update on 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 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 IPO on Wednesday, September 30th 2020. The company issued 30,000,000 shares at $0.00 per share. None acted as the underwriter for the IPO.

Who are Asana's major shareholders?

Asana's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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 12/6/2023 by MarketBeat.com Staff

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