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Home โบ Stocks โบ Asana Inc. (ASAN) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Application
$18.07
-0.03 (-0.17%)10 Quality Stocks Worth Considering Now
Researching Asana (ASAN) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 30 Wall Street analysts, ASAN has a neutral consensus with a median price target of $14.50 (ranging from $10.00 to $23.00). The overall analyst rating is Buy (6.4/10). Currently trading at $18.07, the median forecast implies a -19.8% downside. This outlook is supported by 5 Buy, 11 Hold, and 3 Sell ratings.
The most optimistic forecast comes from George Iwanyc at Oppenheimer, projecting a 27.3% upside. Conversely, the most conservative target is provided by Jackson Ader at Keybanc, suggesting a 44.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for ASAN.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 23, 2025 | Piper Sandler | Brent Bracelin | Overweight | Maintains | $17.00 |
Apr 16, 2025 | Morgan Stanley | Josh Baer | Equal-Weight | Maintains | $14.00 |
Mar 12, 2025 | Morgan Stanley | Josh Baer | Equal-Weight | Maintains | $15.00 |
Mar 11, 2025 | Citizens Capital Markets | Patrick Walravens | Market Outperform | Maintains | $22.00 |
Mar 11, 2025 | UBS | Taylor McGinnis | Neutral | Maintains | $14.00 |
Mar 11, 2025 | Piper Sandler | Brent Bracelin | Overweight | Maintains | $18.00 |
Mar 11, 2025 | Baird | Rob Oliver | Neutral | Maintains | $13.00 |
Mar 11, 2025 | DA Davidson | Lucky Schreiner | Neutral | Maintains | $12.00 |
Mar 11, 2025 | JP Morgan | Pinjalim Bora | Underweight | Maintains | $13.00 |
Mar 11, 2025 | Scotiabank | Allan Verkhovski | Sector Perform | Maintains | $12.00 |
Mar 11, 2025 | B of A Securities | Michael Funk | Buy | Maintains | $25.00 |
Mar 11, 2025 | Jefferies | Brent Thill | Hold | Maintains | $15.00 |
Feb 6, 2025 | Piper Sandler | Brent Bracelin | Overweight | Reiterates | $27.00 |
Jan 16, 2025 | Citigroup | Steven Enders | Neutral | Maintains | $20.00 |
Jan 6, 2025 | Piper Sandler | Brent Bracelin | Overweight | Upgrade | $27.00 |
Jan 6, 2025 | Jefferies | Brent Thill | Hold | Maintains | $19.00 |
Dec 6, 2024 | Jefferies | Brent Thill | Hold | Maintains | $16.00 |
Dec 6, 2024 | Baird | Rob Oliver | Neutral | Maintains | $19.00 |
Dec 6, 2024 | DA Davidson | Lucky Schreiner | Neutral | Maintains | $20.00 |
Dec 6, 2024 | Scotiabank | Allan Verkhovski | Sector Perform | Maintains | $18.00 |
The following stocks are similar to Asana based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Asana Inc. has a market capitalization of $4.29B with a P/E ratio of 0.0x. The company generates $723.88M in trailing twelve-month revenue with a -35.3% profit margin.
Revenue growth is +10.1% quarter-over-quarter, while maintaining an operating margin of -27.8% and return on equity of -92.3%.
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Provides project management software for teams.
Asana operates on a subscription-based model, offering various pricing tiers for its cloud-based task management solution. The company primarily targets enterprises across diverse sectors, generating revenue through subscriptions that provide access to its platform's features, including workflow management, project tracking, and integrations with other productivity tools.
Founded in 2008, Asana is publicly traded on the New York Stock Exchange. Its user-friendly interface and strong integration capabilities make it a valuable tool for organizations adapting to remote work and digital collaboration.
Technology
Software - Application
1,819
Mr. Dustin A. Moskovitz
United States
2020
Asana (NYSE:ASAN) launched Smart Workflow Gallery, offering AI-powered workflows to enhance productivity and coordination in organizations, based on best practices from global companies.
Asana's launch of AI-powered workflows highlights its innovation and commitment to enhancing productivity, which could drive user adoption and revenue growth, positively influencing stock performance.
Asana, Inc. (NYSE: ASAN) will release Q1 fiscal 2026 financial results on June 3 after U.S. market close, followed by a webcast at 1:30 p.m. PT to discuss the results.
Asana's upcoming Q1 fiscal 2026 earnings release and webcast may impact its stock price, providing insights into its financial health and growth potential, influencing investor sentiment and decisions.
Asana faces challenges with revenue growth and leadership changes, necessitating a strategic shift. The need for refinancing or a sale is highlighted due to a limited cash runway.
Asana's leadership change and strategic shift amid financial challenges could impact its market position, revenue growth, and potential restructuring, influencing investor sentiment and stock performance.
Despite market volatility and proximity to bear territory, some insiders are actively increasing their investments in preferred stocks.
Insider buying amid market volatility signals confidence in stock fundamentals, potentially indicating undervalued opportunities for investors.
Asana, Inc. appointed Marc Boroditsky to its Board of Directors. He has extensive experience in scaling revenue for SaaS companies, which is expected to support Asana's growth strategy.
Marc Boroditsky's appointment to Asana's Board signals a strategic move to enhance revenue growth, potentially boosting investor confidence and impacting stock performance positively.
Market volatility has increased since April due to uncertainty over inflation, interest rates, upcoming quarterly reports, and the effects of tariffs and a global trade war on the U.S.
Increased market volatility signals heightened risk, potentially affecting stock prices and investment strategies, influenced by inflation, interest rates, earnings reports, and trade tensions.
Based on our analysis of 30 Wall Street analysts, Asana Inc. (ASAN) has a median price target of $14.50. The highest price target is $23.00 and the lowest is $10.00.
According to current analyst ratings, ASAN has 5 Buy ratings, 11 Hold ratings, and 3 Sell ratings. The stock is currently trading at $18.07. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict ASAN stock could reach $14.50 in the next 12 months. This represents a -19.8% decrease from the current price of $18.07. Please note that this is a projection by Wall Street analysts and not a guarantee.
Asana operates on a subscription-based model, offering various pricing tiers for its cloud-based task management solution. The company primarily targets enterprises across diverse sectors, generating revenue through subscriptions that provide access to its platform's features, including workflow management, project tracking, and integrations with other productivity tools.
The highest price target for ASAN is $23.00 from George Iwanyc at Oppenheimer, which represents a 27.3% increase from the current price of $18.07.
The lowest price target for ASAN is $10.00 from Jackson Ader at Keybanc, which represents a -44.7% decrease from the current price of $18.07.
The overall analyst consensus for ASAN is neutral. Out of 30 Wall Street analysts, 5 rate it as Buy, 11 as Hold, and 3 as Sell, with a median price target of $14.50.
Stock price projections, including those for Asana Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.