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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
How major US stock indexes fared Friday 6/2/2023
Closing prices for crude oil, gold and other commodities
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Court battle over interstate travel targets Utah bus stops in Nevada, California
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Lululemon, Five Below rise; Guidewire Software, PagerDuty fall
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
How major US stock indexes fared Friday 6/2/2023
Closing prices for crude oil, gold and other commodities
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Court battle over interstate travel targets Utah bus stops in Nevada, California
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Lululemon, Five Below rise; Guidewire Software, PagerDuty fall
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
How major US stock indexes fared Friday 6/2/2023
Closing prices for crude oil, gold and other commodities
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Attorney says West Virginia governor refusing to pay judgment in coal lawsuit
Court battle over interstate travel targets Utah bus stops in Nevada, California
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Lululemon, Five Below rise; Guidewire Software, PagerDuty fall
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

Asana (ASAN) Stock Forecast, Price & News

$22.20
-0.65 (-2.84%)
(As of 06/2/2023 ET)
Compare
Today's Range
$21.56
$25.53
50-Day Range
$15.62
$23.90
52-Week Range
$11.32
$29.51
Volume
7.10 million shs
Average Volume
2.12 million shs
Market Capitalization
$4.76 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.84

Asana MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
1.0% Downside
$21.98 Price Target
Short Interest
Bearish
14.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of Asana in the last 14 days
Based on 44 Articles This Week
Insider Trading
Selling Shares
$538,214 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.48) to ($1.28) Per Share

Overall MarketRank

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

1.40 out of 5 stars

Computer And Technology Sector

557th out of 609 stocks

Prepackaged Software Industry

188th out of 217 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. The company's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. It serves customers in industries, such as technology, retail, education, non-profit, government, healthcare, media, 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.

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ASAN Stock News Headlines

monday.com Surges on Price and Volume after Blowout Results (ASAN)
monday.com Ltd. (NASDAQ: MNDY) provides workflow collaboration and customer relationship management (CRM) software applications used by over 180,000 companies
Asana (NYSE:ASAN) Issues Quarterly Earnings Results
Pentagon Consultant—Here's how Biden Wins Landslide Re-election
—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,
Asana (NYSE:ASAN) Downgraded to Neutral at DA Davidson
RBC Capital Remains a Sell on Asana (ASAN)
Pentagon Consultant—Here's how Biden Wins Landslide Re-election
—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,
Piper Sandler Reaffirms Their Hold Rating on Asana (ASAN)
Asana (ASAN) Receives a Hold from Morgan Stanley
Q1 2024 Asana Inc Earnings Call
Asana (ASAN) Receives a Buy from JMP Securities
Asana Earnings, Revenue Beat; Software Stock Climbs
Asana Announces First Quarter Fiscal 2024 Results
See More Headlines

ASAN Price History

ASAN Company Calendar

Last Earnings
6/01/2023
Today
6/03/2023
Next Earnings (Estimated)
9/06/2023
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 Forecast
$21.98
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
15 Analysts

Profitability

Net Income
$-407,770,000.00
Pretax Margin
-73.63%

Debt

Sales & Book Value

Annual Sales
$547.21 million
Book Value
$1.66 per share

Miscellaneous

Free Float
81,746,000
Market Cap
$4.76 billion
Optionable
Optionable
Beta
1.29

Key Executives

  • Mr. Dustin A. MoskovitzMr. Dustin A. Moskovitz (Age 39)
    Co-Founder, Pres, CEO & Chair
    Comp: $1
  • Mr. Justin Rosenstein (Age 40)
    Co-Founder, Advisor & Director
    Comp: $30k
  • Mr. Tim M. WanMr. Tim M. Wan (Age 52)
    Head of Fin.
    Comp: $660.08k
  • Ms. Anne Raimondi (Age 51)
    COO & Head of Bus.
    Comp: $297.05k
  • Ms. Eleanor B. Lacey Esq.Ms. Eleanor B. Lacey Esq. (Age 56)
    Gen. Counsel, Head of Legal & Corp. Sec.
    Comp: $494.08k
  • Ms. Catherine Buan
    Head of Investor Relations
  • Mr. Kenny L. Van Zant (Age 53)
    Head of Bus.
  • Mr. Dave King (Age 43)
    Head of Marketing
  • Ms. Anna Binder (Age 50)
    Head of People Operations
  • Mr. Prashant Pandey (Age 46)
    Head of Engineering













ASAN Stock - Frequently Asked Questions

Should I buy or sell Asana stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Asana in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 3 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?

15 brokers have issued 1 year price targets for Asana's shares. Their ASAN share price forecasts range from $10.00 to $30.00. On average, they expect the company's share price to reach $21.98 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
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 shares have increased by 61.3% and is now trading at $22.2050.
View the best growth stocks for 2023 here
.

Are investors shorting Asana?

Asana saw a increase in short interest in April. As of April 30th, there was short interest totaling 11,150,000 shares, an increase of 5.9% from the April 15th total of 10,530,000 shares. Based on an average daily trading volume, of 2,950,000 shares, the short-interest ratio is currently 3.8 days. Approximately 14.0% of the company's shares 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, September 6th 2023.
View our ASAN earnings forecast
.

How were Asana's earnings last quarter?

Asana, Inc. (NYSE:ASAN) issued its earnings results on Thursday, June, 1st. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. The business earned $152.41 million during the quarter, compared to analysts' expectations of $150.55 million. Asana had a negative net margin of 74.52% and a negative trailing twelve-month return on equity of 159.46%. The company's revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.52) EPS.

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

Asana updated its FY24 earnings guidance on Thursday, June, 1st. The company provided earnings per share (EPS) guidance of $(0.55)-$(0.50) for the period, compared to the consensus EPS estimate of ($0.56). The company issued revenue guidance of $640-648 million, compared to the consensus revenue estimate of $643.55 million.

When did Asana IPO?

(ASAN) raised $0 in an initial public offering (IPO) on Wednesday, September 30th 2020. The company issued 30,000,000 shares at $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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.14%), Champlain Investment Partners LLC (3.06%), State Street Corp (0.96%), Two Sigma Investments LP (0.70%), Renaissance Technologies LLC (0.70%) and Geode Capital Management LLC (0.65%). Insiders that own company stock include Chris Farinacci, Dustin A Moskovitz, Dustin A Moskovitz, Eleanor B Lacey, Eleanor B Lacey, 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 $22.21.

How much money does Asana make?

Asana (NYSE:ASAN) has a market capitalization of $4.76 billion and generates $547.21 million in revenue each year. The company earns $-407,770,000.00 in net income (profit) each year or ($2.04) 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 6/3/2023 by MarketBeat.com Staff

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