Lowest-Rated StocksLowest-Rated Asana Stock Price, News & Analysis (NYSE:ASAN) $19.44 -3.87 (-16.60%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$18.75▼$20.5550-Day Range$15.92▼$23.3152-Week Range$11.32▼$26.27Volume12.98 million shsAverage Volume2.77 million shsMarket Capitalization$4.27 billionP/E RatioN/ADividend YieldN/APrice Target$20.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Asana MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside7.3% Upside$20.86 Price TargetShort InterestHealthy12.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 46 Articles This WeekInsider TradingAcquiring Shares$60.88 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.34) to ($1.18) Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector418th out of 594 stocksPrepackaged Software Industry116th out of 175 stocks 2.0 Analyst's Opinion Consensus RatingAsana has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 2 buy ratings, 8 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.86, Asana has a forecasted upside of 7.3% from its current price of $19.44.Amount of Analyst CoverageAsana has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted12.10% of the float of Asana has been sold short.Short Interest Ratio / Days to CoverAsana has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Asana has recently decreased by 11.06%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAsana does not currently pay a dividend.Dividend GrowthAsana does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASAN. Previous Next 2.4 News and Social Media Coverage News SentimentAsana has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 46 news articles for Asana this week, compared to 7 articles on an average week.Search Interest35 people have searched for ASAN on MarketBeat in the last 30 days. This is an increase of 84% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Asana to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Asana insiders have bought 5,005.93% more of their company's stock than they have sold. Specifically, they have bought $60,879,233.00 in company stock and sold $1,192,325.00 in company stock.Percentage Held by Insiders63.26% of the stock of Asana is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.21% of the stock of Asana is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Asana are expected to grow in the coming year, from ($1.34) to ($1.18) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asana is -12.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Asana is -12.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAsana has a P/B Ratio of 11.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More ASAN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASAN Stock News HeadlinesNovember 20, 2023 | marketbeat.comMonday.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.November 13, 2023 | marketbeat.comAtlassian 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 leaderDecember 7, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 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.December 7, 2023 | americanbankingnews.comAsana (NYSE:ASAN) Downgraded by HSBC to ReduceDecember 7, 2023 | americanbankingnews.comAsana's (ASAN) "Outperform" Rating Reiterated at OppenheimerDecember 7, 2023 | americanbankingnews.comAsana (NYSE:ASAN) Given New $21.00 Price Target at Morgan StanleyDecember 7, 2023 | americanbankingnews.comAsana Sees Unusually High Options Volume (NYSE:ASAN)December 7, 2023 | americanbankingnews.comAsana (NYSE:ASAN) Shares Gap Down on Analyst DowngradeDecember 7, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll 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.December 6, 2023 | msn.comWhy did Asana stock go down today? Weakness emergeDecember 6, 2023 | finance.yahoo.comHuge News for Asana, and Investors Aren't HappyDecember 6, 2023 | msn.comThese Stocks Are Moving the Most Today: Robinhood, NIO, Asana, MongoDB, and MoreDecember 6, 2023 | finance.yahoo.comAsana stock sinks, Robinhood shares pop: Trending TickersDecember 6, 2023 | realmoney.thestreet.comAsana just downgraded at HSBC, here's whyDecember 6, 2023 | markets.businessinsider.comAsana Shares Tumble Despite Revenue Beat — 3 Analysts Deep Dive Into Q3 PrintDecember 6, 2023 | finance.yahoo.comAsana Warns About Lackluster Renewals; Shares FallDecember 6, 2023 | finance.yahoo.comWhy Asana Stock Dropped TodayDecember 6, 2023 | finance.yahoo.comRebel's Edge - December 6: $S, $ASAN, and NCAA Bowl GamesDecember 6, 2023 | finance.yahoo.comWhy Asana (ASAN) Shares Are Plunging TodayDecember 6, 2023 | finance.yahoo.comAsana Earnings Were Solid. Why the Stock Is Sliding.December 6, 2023 | msn.comUsing too many collaboration tools is actually making work harderDecember 6, 2023 | markets.businessinsider.comBox Reports Weak Q3 Results, Joins Yext, Asana And Other Big Stocks Moving Lower In Wednesday's Pre-Market SessionDecember 5, 2023 | msn.comBitcoin Boosts Investor Interest In Coinbase, Riot Blockchain — MongoDB, Nio, Asana Also Trending: Uncover WhyDecember 5, 2023 | za.investing.comAsana stock plunges 7% despite better than expected Q3 earnings & guidanceDecember 5, 2023 | proactiveinvestors.comAsana stock falls as 3Q results beat but quarterly losses continueDecember 5, 2023 | benzinga.comAsana: Q3 Earnings InsightsDecember 5, 2023 | msn.comAsana Inc Shares Tumble After Q3 Results: What's Going On?See More Headlines Receive ASAN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asana and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings12/05/2023Today12/07/2023Fiscal Year End1/31/2024Next Earnings (Estimated)3/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ASAN CUSIPN/A CIK1477720 Webwww.asana.com Phone415-525-3888FaxN/AEmployees1,782Year FoundedN/APrice 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 RatingReduce Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($1.54) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-407,770,000.00 Net Margins-54.21% Pretax Margin-53.41% Return on Equity-87.79% Return on Assets-32.71% Debt Debt-to-Equity Ratio0.14 Current Ratio1.89 Quick Ratio1.89 Sales & Book Value Annual Sales$606.54 million Price / Sales7.04 Cash FlowN/A Price / Cash FlowN/A Book Value$1.66 per share Price / Book11.71Miscellaneous Outstanding Shares219,678,000Free Float80,710,000Market Cap$4.27 billion OptionableOptionable Beta1.30 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Dustin A. Moskovitz (Age 38)Co-Founder, President, CEO & Chair Comp: $1Mr. Justin Rosenstein (Age 39)Co-Founder, Advisor & Director Comp: $30kMr. Tim M. Wan (Age 52)Chief Financial Officer Comp: $706.67kMs. Anne Raimondi (Age 51)COO & Head of Business Comp: $745.83kMs. Eleanor B. Lacey Esq. (Age 56)General Counsel, Head of Legal & Corporate Secretary Comp: $522.5kMs. Krista Anderson-Copperman (Age 46)Advisor & Director Comp: $23.47kMs. Catherine BuanHead of Investor RelationsMr. Kenny L. Van Zant (Age 53)Head of Business Ms. Shannon Sullivan DuffyChief Marketing OfficerMs. Anna Binder (Age 50)Head of People Operations More ExecutivesKey CompetitorsWorkivaNYSE:WKTenableNASDAQ:TENBVaronis SystemsNASDAQ:VRNSTeradataNYSE:TDCClearwater AnalyticsNYSE:CWANView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 30,805 shares on 12/6/2023Ownership: 0.010%Neo Ivy Capital ManagementBought 96,146 shares on 11/30/2023Ownership: 0.044%Deutsche Bank AGBought 35,794 shares on 11/24/2023Ownership: 0.047%Graham Capital Management L.P.Bought 28,915 shares on 11/22/2023Ownership: 0.030%Walleye Capital LLCBought 31,000 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Asana's stock? ETFs with the largest weight of Asana (NYSE:ASAN) stock in their portfolio include iShares Virtual Work and Life Multisector ETF (IWFH), WisdomTree Cloud Computing Fund (WCLD), Direxion Moonshot Innovators ETF (MOON), AdvisorShares Let Bob AI Powered Momentum ETF (LETB), SPDR FactSet Innovative Technology ETF (XITK) and Renaissance IPO ETF (IPO).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Asana, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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