Asana, Inc. (ASAN)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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.
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...
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...
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.
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...
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 ...
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...
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...
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...
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...
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...