Asana Inc

Asana Inc Stock Forecast & Price Prediction

Live Asana Inc Stock (ASAN) Price
$15.31

19

Ratings

  • Buy 5
  • Hold 11
  • Sell 3
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$15.31

P/E Ratio

-13.09

Volume Traded Today

$937,900

Dividend

Dividends not available for ASAN

52 Week High/low

23.44/11.05

Asana Inc Market Cap

$3.18B

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ASAN Summary

Based on ratings from 19 stock analysts, the Asana Inc stock price is expected to decrease by 6.84% in 12 months. This is calculated by using the average 12-month stock price forecast for Asana Inc. The lowest target is $10 and the highest is $21. Please note analyst price targets are not guaranteed and could be missed completely.

ASAN Analyst Ratings

About 19 Wall Street analysts have assigned ASAN 5 buy ratings, 11 hold ratings, and 3 sell ratings. This means that analysts expect Asana Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ASAN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ASAN stock forecast by analyst

These are the latest 20 analyst ratings of ASAN.

Analyst/Firm

Rating

Price Target

Change

Date

Allan Verkhovski
Scotiabank

Sector Perform

$15

Initiates

Nov 18, 2024
Rishi Jaluria
RBC Capital

Underperform

$10

Reiterates

Oct 23, 2024
Lucky Schreiner
DA Davidson

Neutral

$13

Maintains

Oct 23, 2024

Citigroup

Neutral


Maintains

Sep 5, 2024
Brent Bracelin
Piper Sandler

Neutral

$12

Maintains

Sep 4, 2024
Rob Oliver
Baird

Neutral

$13

Maintains

Sep 4, 2024
Michael Funk
B of A Securities

Buy

$16

Maintains

Sep 4, 2024
Pinjalim Bora
JP Morgan

Underweight

$13

Maintains

Sep 4, 2024
Ittai Kidron
Oppenheimer

Outperform

$20

Maintains

Sep 4, 2024
Taylor McGinnis
UBS

Neutral

$13

Maintains

Sep 4, 2024
Rishi Jaluria
RBC Capital

Underperform

$10

Reiterates

Sep 4, 2024
Lucky Schreiner
DA Davidson

Neutral

$11

Assumes

Sep 4, 2024
Joe Goodwin
JMP Securities

Market Outperform

$21

Maintains

Sep 4, 2024
Jason Ader
Keybanc

Underweight

$10

Maintains

Sep 4, 2024
Steven Enders
Citigroup

Neutral

$13

Maintains

Sep 4, 2024
Josh Baer
Morgan Stanley

Equal-Weight

$15

Maintains

Aug 20, 2024
Joe Goodwin
JMP Securities

Market Outperform

$27

Reiterates

Jul 15, 2024
Brent Bracelin
Piper Sandler

Neutral

$14

Maintains

Jul 12, 2024
Steven Enders
Citigroup

Neutral

$15

Maintains

Jun 26, 2024
Stephen Bersey
HSBC

Hold


Upgrade

Jun 3, 2024

ASAN Company Information

What They Do: Provides a work management platform for organizations.

Business Model: Asana operates a subscription-based business model, offering tiered pricing plans for its work management platform. The platform generates revenue by providing tools that help teams manage projects, track progress, and communicate effectively, serving diverse industries such as technology, healthcare, and education.

Other Information: Founded in 2008 and headquartered in San Francisco, Asana has evolved from its original name, Smiley Abstractions, Inc. The company focuses on enhancing organizational efficiency by offering real-time insights into project management and workflow optimization.
ASAN
Asana Inc (ASAN)

When did it IPO

2020

Staff Count

1,840

Country

United States

Sector/Industry

Technology/Software - Application

CEO

Mr. Dustin A. Moskovitz

Market Cap

$3.18B

Asana Inc (ASAN) Financial Data

In 2023, ASAN generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ASAN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $689.3M
  • Operating Margin TTM -42.9%
  • Gross profit TTM $588.0M
  • Return on assets TTM -18.0%
  • Return on equity TTM -83.1%
  • Profit Margin -37.7%
  • Book Value Per Share 1.27%
  • Market capitalisation $3.18B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-1.15

Asana Inc (ASAN) Latest News

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Asana has partnered with Datacom to enhance support for enterprise customers in Australia and New Zealand, aiming to improve efficiency and transparency in their operations.

Why It Matters - Asana's partnership with Datacom enhances its market position in the ANZ region, potentially increasing customer acquisition and revenue growth, which is favorable for investor sentiment.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Asana, Inc. (NYSE: ASAN) will release its Q3 FY2025 financial results on December 5 after market close, followed by a webcast at 1:30 PM PT to discuss the results.

Why It Matters - Asana's upcoming Q3 fiscal 2025 results and webcast could impact stock performance, offering insights into financial health and growth prospects, influencing investor sentiment and market positioning.

News Image

Tue, 22 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Asana, Inc. has launched Asana AI Studio, a no-code builder enabling teams to create workflows and embed AI agents to assist with project management directly within the platform.

Why It Matters - Asana's launch of AI Studio enhances its competitive edge by integrating AI into workflow management, potentially increasing user engagement and driving revenue growth.

News Image

Fri, 11 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - The article highlights several growth stocks recommended for investors seeking to enhance their portfolios.

Why It Matters - The mention of "must-buy growth stocks" indicates potential high returns, suggesting market optimism and opportunities for portfolio enhancement, attracting investor interest.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Asana, Inc. appointed Sonalee Parekh as CFO, effective September 11, 2024, succeeding Tim Wan, who will remain in an advisory role. Parekh has over 25 years of experience in technology and banking.

Why It Matters - The appointment of a new CFO can signal strategic shifts or changes in financial direction, impacting Asana's performance and investor sentiment. Leadership stability can affect stock valuation.

News Image

Tue, 17 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Asana, Inc. appointed Josh Abdulla as Head of Customer Experience, reporting to Chief Revenue Officer Ed McDonnell. Abdulla has over 23 years of experience in customer-facing roles.

Why It Matters - Josh Abdulla's appointment signals Asana's focus on enhancing customer experience, potentially driving user satisfaction and retention, which can positively impact revenue growth and stock performance.

...

ASAN Frequently asked questions

The highest forecasted price for ASAN is $21 from Rishi Jaluria at RBC Capital.

The lowest forecasted price for ASAN is $10 from Rishi Jaluria from RBC Capital

The ASAN analyst ratings consensus are 5 buy ratings, 11 hold ratings, and 3 sell ratings.