Asana, Inc. (ASAN)

NYSE: ASAN · IEX Real-Time Price · USD
15.72
+0.09 (0.58%)
At close: May 3, 2024, 4:00 PM
15.77
+0.05 (0.32%)
After-hours: May 3, 2024, 7:09 PM EDT
0.58%
Market Cap 3.53B
Revenue (ttm) 652.50M
Net Income (ttm) -257.03M
Shares Out 224.81M
EPS (ttm) -1.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,016,352
Open 16.00
Previous Close 15.63
Day's Range 15.35 - 16.16
52-Week Range 13.34 - 26.27
Beta 1.22
Analysts Hold
Price Target 19.83 (+26.15%)
Earnings Date May 30, 2024

About 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; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insight... [Read more]

Sector Technology
IPO Date Sep 30, 2020
Employees 1,840
Stock Exchange NYSE
Ticker Symbol ASAN
Full Company Profile

Financial Performance

In 2023, Asana's revenue was $652.50 million, an increase of 19.24% compared to the previous year's $547.21 million. Losses were -$257.03 million, -36.97% less than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ASAN stock is "Hold." The 12-month stock price forecast is $19.83, which is an increase of 26.15% from the latest price.

Price Target
$19.83
(26.15% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Asana to Announce First Quarter Fiscal Year 2025 Financial Results on Thursday, May 30, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the first quarter fiscal year 2025 ...

4 days ago - Business Wire

Asana Launches a New Suite of Intelligent Tools for the CIO

SAN FRANCISCO--(BUSINESS WIRE)--Today, Asana, Inc., a leading enterprise work management platform, announced new AI capabilities that empower IT leaders to drive intelligent transformation with the ri...

6 weeks ago - Business Wire

Asana Reveals State of Work Innovation: Australia 2024 Report: 95% of Australian Workers Say Organizations Need to Innovate How Teams Collaborate and Communicate

SYDNEY--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organisations, today released its State of Work Innovation: Australia 2024 Report, an in-depth an...

6 weeks ago - Business Wire

Asana Announces Fourth Quarter and Fiscal Year 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its fourth quarter and fiscal year ended January 31, 2024...

7 weeks ago - Business Wire

Asana to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Monday, March 11, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the fourth quarter and fiscal year ...

3 months ago - Business Wire

Asana Opens Office in Warsaw, Poland

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, today announced the opening of a new office location in Warsaw, Poland. This location will mark Asana's 13th globa...

4 months ago - Business Wire

Asana Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Collaborative Work Management

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, has been recognized as a Leader in the Gartner® Magic Quadrant™ for Collaborative Work Management. In the Magic Qu...

5 months ago - Business Wire

Asana Warns About Lackluster Renewals; Shares Fall

Shares of Asana Inc. (ASAN) plunged 16% Wednesday as the maker of work management software warned that the company is facing difficult economic times as customers limit their spending.

5 months ago - Investopedia

Asana Posts Solid Results, but Shares Slide Amid Macro Woes

For the quarter, Asana posted revenue of $166.5 million, up 18% from a year earlier,

5 months ago - Barrons

Asana's stock is falling after another quarterly loss

Asana Inc.'s ASAN, +2.19% stock dropped 6% in extended trading Tuesday after the software company reported quarterly results. Asana reported a fiscal-third-quarter net loss of $61.8 million, or 28 cen...

5 months ago - Market Watch

Asana Announces Third Quarter Fiscal 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its third quarter fiscal 2024 ended October 31, 2023. “As...

5 months ago - Business Wire

Asana to Announce Third Quarter Fiscal Year 2024 Financial Results on Tuesday, December 5, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the third quarter fiscal year 2024 ...

6 months ago - Business Wire

Asana Unveils New AI Innovations to Help Every Organization Work Smarter

SAN FRANCISCO--(BUSINESS WIRE)--Today Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management solution, announced new artificial intelligence (AI) capabilities that drive greater c...

7 months ago - Business Wire

For better gains in tech stocks from here, look beyond the ‘Magnificent Seven.'

The so-called Magnificent Seven stocks have been leading the U.S. market this year, but now they look richly valued by many key measures — and they're crowded trades.

Other symbols: AKAMWDAY
8 months ago - Market Watch

Asana to Hold Investor Day on October 3, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced that it will hold an investor session beginning at 11:10am ET (8:10am PT) on T...

8 months ago - Business Wire

Asana to Present at Upcoming Investor Events

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced that Asana's Chief Financial Officer, Tim Wan, will present at the following i...

8 months ago - Business Wire

Asana's stock rises on revenue, earnings beat

Asana Inc.'s ASAN, +0.05% stock initially advanced 4.5% in extended trading Tuesday after the work-management platform provider reported quarterly results that topped analyst revenue and earnings esti...

8 months ago - Market Watch

Asana Announces Second Quarter Fiscal 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2024 ended July 31, 2023. “Asan...

8 months ago - Business Wire

Asana's State of AI at Work Report: AI is poised to dramatically improve the way we work, but proper guidance is needed

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform, today released The State of AI at Work Report, powered by insights from its Work Innovation L...

8 months ago - Business Wire

Asana: Insiders Are Buying This Growth Stock

Asana Inc. ( ASAN , Financial) is a software company that has created one of the world's leading work management platforms, attracting customers like Meta Platforms ( META , Financial), Alphabet's ( G...

8 months ago - GuruFocus

Asana Fuels Productivity for Enterprise Program Management Offices Through the Power of Artificial Intelligence

SAN FRANCISCO--(BUSINESS WIRE)--Today Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced intelligent product capabilities that revolutionize how PMO teams drive strate...

9 months ago - Business Wire

Asana Appoints New Chief Revenue Officer, Ed McDonnell

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, is pleased to announce the hiring of Ed McDonnell to its leadership team. As Chief Revenue Officer, McDonnell will...

9 months ago - Business Wire

Asana Recognized with a Customers' Choice Distinction in Gartner® Peer Insights™ for Collaborative Work Management

SAN FRANCISCO--(BUSINESS WIRE)--Asana Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, has been recognized with the Gartner Peer Insights Customers' Choice distinct...

9 months ago - Business Wire

Asana to Announce Second Quarter Fiscal Year 2024 Financial Results on Tuesday, September 5, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, announced today that it will release financial results for the second quarte...

9 months ago - Business Wire

Why Asana's CEO Keeps Loading Up on Shares

Insider buying is often seen as a key bullish signal for a stock. Compared to the general public, insiders such as the CEO and chief financial officer have access to much more extensive and up-to-date...

10 months ago - GuruFocus