Asana, Inc. (ASAN)

NYSE: ASAN · Real-Time Price · USD
13.78
-0.03 (-0.22%)
At close: Nov 19, 2024, 4:00 PM
13.50
-0.28 (-2.03%)
After-hours: Nov 19, 2024, 7:11 PM EST
-0.22%
Market Cap 3.14B
Revenue (ttm) 689.30M
Net Income (ttm) -260.06M
Shares Out 228.16M
EPS (ttm) -1.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 905,254
Open 13.55
Previous Close 13.81
Day's Range 13.54 - 13.91
52-Week Range 11.05 - 23.44
Beta 1.13
Analysts Hold
Price Target 15.19 (+10.23%)
Earnings Date Dec 5, 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 17 analysts, the average rating for ASAN stock is "Hold." The 12-month stock price forecast is $15.19, which is an increase of 10.23% from the latest price.

Price Target
$15.19
(10.23% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Asana to Announce Third Quarter Fiscal Year 2025 Financial Results on Thursday, December 5, 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 third quarter fiscal year 2025 ...

18 days ago - Business Wire

Asana Announces AI Studio: No-Code Builder for Designing and Deploying AI Agents in Critical Workflows

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, today unveiled Asana AI Studio, a no-code builder that lets any team design any wo...

4 weeks ago - Business Wire

ADDING MULTIMEDIA Asana Appoints Seasoned Finance Executive, Sonalee Parekh, as New Chief Financial Officer

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced the appointment of Sonalee Parekh as Chief Financial Officer, effective Septem...

2 months ago - Business Wire

Asana Appoints Josh Abdulla as Head of Customer Experience

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE:ASAN)(LTSE:ASAN), the #1 AI work management platform, today announced the appointment of Josh Abdulla as Head of Customer Experience. Abdulla will rep...

2 months ago - Business Wire

Asana Named a Leader in the 2024 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting

SAN FRANCISCO--(BUSINESS WIRE)--Asana (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, has been named a Leader in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reportin...

2 months ago - Business Wire

Asana Reports Mixed Q2 Results, Management Guidance 'Disappointing Overall,' Says Analyst, Implies Lower 2H Growth

Asana Inc ASAN shares tanked in early trading on Wednesday, even after the company reported upbeat second-quarter results.

2 months ago - Benzinga

Asana Earnings: Don't Buy This Dip, Again

Asana, Inc.'s Q2 2025 earnings and guidance were disappointing, leading to a 10% drop in share price and highlighting its transition away from high growth. Despite a strong cash position, Asana remain...

2 months ago - Seeking Alpha

Asana, Inc. (ASAN) Q2 2025 Earnings Call Transcript

Asana, Inc. (NYSE:ASAN) Q2 2025 Earnings Call Transcript September 3, 2024 4:30 PM ET Company Participants Catherine Buan - Head of IR Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - COO and He...

2 months ago - Seeking Alpha

Asana's lower outlook for third quarter and full year sends stock falling

Shares of Asana fell after the company projected third-quarter results that missed Wall Street's estimates and lowered the high end of its full-year outlook.

2 months ago - Market Watch

Asana Appoints Seasoned Finance Executive, Sonalee Parekh, as New Chief Financial Officer

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced the appointment of Sonalee Parekh as Chief Financial Officer, effective Septem...

2 months ago - Business Wire

Asana Announces Second 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 second quarter fiscal 2025 ended July 31, 2024. “In ...

2 months ago - Business Wire

Asana: The Worst May Be Behind Us (Q2 Earnings Preview)

Asana was part of the 2021 euphoria in the stock market and experienced a meteoric rise and fall in stock prices. Its stratospheric growth rates were never sustainable but its growth seems have stabil...

3 months ago - Seeking Alpha

Asana Announces Commitment to Pursuing FedRAMP Authorization

SAN FRANCISCO--(BUSINESS WIRE)--Today, Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), the #1 AI work management platform that helps organizations of all sizes connect work to goals, announces their commitment...

3 months ago - Business Wire

Asana Announces Fiscal 2024 ESG Report

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, today published its fiscal year 2024 (FY24) Environmental, Social, and Governance (ESG) report...

3 months ago - Business Wire

Asana to Announce Second Quarter Fiscal Year 2025 Financial Results on Tuesday, September 3, 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 second quarter fiscal year 2025...

3 months ago - Business Wire

Asana: Second Half May Bring The Acceleration

Asana has underperformed along with the software sector due to slowing top-line growth. Customers have held back headcount growth amidst the higher interest rate environment. The company has a large n...

3 months ago - Seeking Alpha

Asana: Buy Amid Latest Dip And New Buybacks (Ratings Upgrade)

Asana has fallen sharply in May and June, despite a strong Q1 earnings print that showed barely any deceleration in revenue. The company has maintained a very conservative outlook for FY25, positionin...

5 months ago - Seeking Alpha

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...

5 months 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...

5 months 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...

5 months 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...

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

6 months ago - Business Wire

Asana, Inc. (ASAN) Q1 2025 Earnings Call Transcript

Asana, Inc. (NYSE:ASAN) Q1 2025 Earnings Conference Call May 30, 2024 4:30 PM ET Company Participants Catherine Buan - Head, Investor Relations Dustin Moskovitz - Co-Founder & Chief Executive Officer...

6 months ago - Seeking Alpha

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...

6 months 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 ...

7 months ago - Business Wire