Asana, Inc. (ASAN)

NYSE: ASAN · Real-Time Price · USD
21.68
-0.69 (-3.08%)
At close: Dec 20, 2024, 4:00 PM
21.67
-0.01 (-0.04%)
After-hours: Dec 20, 2024, 7:57 PM EST
-3.08%
Market Cap 4.96B
Revenue (ttm) 706.68M
Net Income (ttm) -255.64M
Shares Out 228.72M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,176,381
Open 21.58
Previous Close 22.37
Day's Range 21.35 - 22.14
52-Week Range 11.05 - 27.77
Beta 1.23
Analysts Hold
Price Target 17.11 (-21.08%)
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 19 analysts, the average rating for ASAN stock is "Hold." The 12-month stock price forecast is $17.11, which is a decrease of -21.08% from the latest price.

Price Target
$17.11
(-21.08% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Asana: Stickiness Of AI Studio Could Lead The Turnaround - Initiating With Buy

Asana shot up more than 43% since reporting Q3 earnings and productivity wins with AI Studio. We think this name should be on investors' radar for next year. AI Studio's stickiness and ease of adoptio...

11 days ago - Seeking Alpha

Asana to Present at Upcoming Investor Event

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading enterprise work management platform, today announced that Asana's executives will present at the following investor even...

11 days ago - Business Wire

Asana Stock Becomes An AI Play (Ratings Downgrade)

Asana's stock surged 40% post-earnings, driven by optimism around its new AI Studio product, despite modest top-line growth and profit margins. The company's valuation appears inflated due to tech sec...

14 days ago - Seeking Alpha

Asana: Wait For Growth To Accelerate Before Investing

I give a hold rating for Asana (ASAN) as I await revenue growth acceleration. ASAN's 3Q25 earnings showed stabilization and better execution, with improvements in ARR, billings, RPO, and customer addi...

14 days ago - Seeking Alpha

Asana Stock Rallies 26% After Earnings. Thank ‘Significant Demand' for Its AI Tool.

During its most recent quarter, the work management software company launched AI Studio.

15 days ago - Barrons

Asana, Inc. (ASAN) Q3 2025 Earnings Call Transcript

Asana, Inc. (NYSE:ASAN) Q3 2025 Earnings Conference Call December 5, 2024 4:30 PM ET Company Participants Catherine Buan - Head of IR Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - Chief Opera...

15 days ago - Seeking Alpha

Asana Announces Third Quarter Fiscal 2025 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading enterprise work management platform, today reported financial results for its third quarter fiscal 2025 ended October 31...

15 days ago - Business Wire

Asana Recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Collaborative Work Management (CWM), once again

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, has again been recognized as a Leader in the Gartner® Magic Quadrant™ for Collabor...

15 days ago - Business Wire

Asana Announces Strategic Partnership with Datacom to Enhance Enterprise Solutions for ANZ Customers

SYDNEY--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, is proud to announce a new strategic partnership with Datacom, one of the largest and most trusted IT service providers i...

25 days ago - Business Wire

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 ...

7 weeks 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...

2 months 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...

3 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...

3 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...

3 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.

3 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...

3 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...

3 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.

3 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...

3 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 ...

3 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...

4 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...

4 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...

5 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...

5 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...

5 months ago - Seeking Alpha