Asana, Inc. (ASAN)

NYSE: ASAN · IEX Real-Time Price · USD
13.52
-0.47 (-3.36%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-3.36%
Market Cap 3.08B
Revenue (ttm) 672.54M
Net Income (ttm) -259.28M
Shares Out 228.11M
EPS (ttm) -1.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,360,669
Open 14.02
Previous Close 13.99
Day's Range 13.36 - 14.10
52-Week Range 11.29 - 24.81
Beta 1.16
Analysts Hold
Price Target 18.50 (+36.83%)
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 13 analysts, the average rating for ASAN stock is "Hold." The 12-month stock price forecast is $18.5, which is an increase of 36.83% from the latest price.

Price Target
$18.5
(36.83% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Asana Announces $150 Million Stock Repurchase Program

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform, today announced that its Board of Directors has approved a stock repurchase program authorizi...

12 days ago - Business Wire

Asana's Head of AI: AI Literacy a Priority

Asana's head of AI Paige Costello joins Caroline Hyde to discuss the company's latest report on the impact of AI on the workplace and how organizations can train their employees on new AI tools for mo...

20 days ago - Bloomberg Technology

New Report From Meltwater and Asana Reveals Disconnect Between Marketing Goals and Business Objectives

While 74% of marketing teams are recognized as strategic partners, more than one in four marketers feel isolated from the rest of their organization. While 74% of marketing teams are recognized as str...

21 days ago - GlobeNewsWire

Asana Unveils AI Teammates to Tackle Complex Workflows and Elevate Teamwork

SAN FRANCISCO--(BUSINESS WIRE)--Asana, the #1 AI work management platform, today announced Asana AI teammates, adaptable artificial intelligence collaborators that help teams maximize their impact and...

27 days 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 executives will present at the following investor events: Baird 2...

4 weeks ago - Business Wire

Asana Announces First Quarter Fiscal 2025 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its first quarter fiscal 2025 ended April 30, 2024. “AI i...

4 weeks ago - Business Wire

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 ...

2 months 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...

3 months 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...

3 months 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...

4 months 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 ...

5 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...

7 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...

7 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.

7 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,

7 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...

7 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...

7 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 ...

8 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...

9 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
10 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...

10 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...

10 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...

10 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...

11 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...

11 months ago - GuruFocus