Asana, Inc. (ASAN)

NYSE: ASAN · IEX Real-Time Price · USD
14.48
-1.71 (-10.56%)
Dec 5, 2022 3:40 PM EST - Market open
-10.56%
Market Cap 3.42B
Revenue (ttm) 508.93M
Net Income (ttm) -402.79M
Shares Out 204.66M
EPS (ttm) -1.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,350,449
Open 15.94
Previous Close 16.19
Day's Range 14.19 - 16.25
52-Week Range 14.19 - 83.25
Beta 1.15
Analysts Buy
Price Target 26.50 (+83.3%)
Earnings Date Dec 1, 2022

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. The company's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. It serves customers in industries, such as technology, retail, education, non-profit, government, healthcare, media, and financial services. The company was formerly known as Smi... [Read more]

Industry Software
IPO Date Sep 30, 2020
Employees 1,666
Stock Exchange NYSE
Ticker Symbol ASAN
Full Company Profile

Financial Performance

In 2021, Asana's revenue was $378.44 million, an increase of 66.71% compared to the previous year's $227.00 million. Losses were -$288.34 million, 36.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for ASAN stock is "Buy." The 12-month stock price forecast is 26.5, which is an increase of 83.26% from the latest price.

Price Target
$26.5
(83.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

As Asana stock price tumbles, has it become a bargain?

Asana (NYSE: ASAN) stock price plunged to the lowest level on record after the company published a weak forward guidance. It crashed to a low of $15.60, which was about 90% below its all-time high.

3 days ago - Invezz

Why Is Asana (ASAN) Stock Down 10% Today?

Why would Asana (NYSE: ASAN ) stock fall fast despite an earnings beat? That's the billion-dollar question today, and the answer has to do with Asana's current-quarter and full-year fiscal outlook.

3 days ago - InvestorPlace

Asana (ASAN) Incurs Loss in Q3, Beats Revenue Estimates

Asana's (ASAN) third-quarter fiscal 2023 results benefit from customer additions amid slowing economic conditions globally.

3 days ago - Zacks Investment Research

Asana's Outlook Has Been Hit by Slowdown in Tech Hiring. Here's What Analysts Think.

Asana said it expects fourth-quarter revenue growth of 30%, lower than consensus expectations.

3 days ago - Barrons

Jobs report, Tesla truck, Asana surge and more: Friday's 5 things to know

The most anticipated economic report of the month comes out Friday morning with the release of the November jobs report.

3 days ago - Fox Business

Asana, Inc. (ASAN) Reports Q3 Loss, Tops Revenue Estimates

Asana, Inc. (ASAN) delivered earnings and revenue surprises of 18.75% and 1.78%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

3 days ago - Zacks Investment Research

These 2 Tech Stocks Are Dropping After Hours Thursday

Despite mixed stock market performance during the regular session, investors are reacting to some late financial reports.

Other symbols: ZS
3 days ago - The Motley Fool

Why Asana Shares Are Trading Sharply Lower After Hours - Asana (NYSE:ASAN)

Asana Inc (NYSE: ASAN) shares are trading lower in Thursday's after-hours session after the company reported

3 days ago - Benzinga

Asana stock sinks after weaker-than-expected sales forecasts

Shares of workplace-management software provider Asana Inc. ASAN, -0.44% fell after-hours on Thursday after the company forecast fourth-quarter sales that came in below analyst estimates, saying "macroe...

3 days ago - Market Watch

Asana Announces Record Third Quarter Fiscal 2023 Revenues

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

3 days ago - Business Wire

2 Butchered Stocks CEOs Have Been Buying

The CEO is the person who usually knows the most about the company they are running. A good CEO usually works around the clock and gets access to financial data directly from the chief financial officer...

Other symbols: INTC
5 days ago - GuruFocus

Asana Named a Leader in Collaborative Work Management Tools Report by Independent Research Firm

SAN FRANCISCO--( BUSINESS WIRE )--Today Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organizations, was named a Leader by independent research firm Forrester in its repo...

2 weeks ago - Business Wire

Asana Cuts Staff 9%. Software Sector Layoffs Are Piling Up.

The software company's shares are down 70% this year.

2 weeks ago - Barrons

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Asana, Inc. for Potential Breaches of Fiduciary Duty By I...

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim i...

3 weeks ago - PRNewsWire

FiscalNote Announces Third Quarter 2022 Financial Results

WASHINGTON--( BUSINESS WIRE )--FiscalNote Holdings, Inc. (NYSE: NOTE) (the “Company” or "FiscalNote"), a leading Al-driven enterprise SaaS provider of global policy and market intelligence, today announ...

Other symbols: NOTE
3 weeks ago - Business Wire

Asana to Announce Third Quarter Fiscal Year 2023 Financial Results on Thursday, December 1, 2022

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 third quarter o...

1 month ago - Business Wire

FiscalNote ESG Solutions' Equilibrium and Work Management Platform Leader Asana Announce Integration for Decarbonizat...

WASHINGTON--(BUSINESS WIRE)--FiscalNote ESG Solutions' Equilibrium and Work Management Platform Leader Asana Announce Integration for Decarbonization & ESG Workflow Management

Other symbols: NOTE
1 month ago - Business Wire

Asana Launches Enterprise-Grade Goals to Help Executives Maximize Resources, Drive Revenue

SAN FRANCISCO--(BUSINESS WIRE)--Asana announced a new suite of features to automatically give enterprise leaders a holistic view of progress against strategic initiatives.

1 month ago - Business Wire

Asana to Host Investor Event on October 11, 2022

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today announced it will host an investor event on Tuesday, October 11, 2022, a...

2 months ago - Business Wire

Jim Cramer's 'dirty dozen' stocks that underscore the carnage in the IPO market

This year's market downturn has hit the IPO market hard.

2 months ago - CNBC

Relative to the fundamentals, software valuations are cheap, says MoffettNathanson's Auty

Sterling Auty, MoffettNathanson, joins 'TechCheck' to discuss where he is on tech valuations, the names that Auty has initiated coverage on and Adobe's decision to acquire Figma.

Other symbols: ADBEADSKCRWDDDOG
2 months ago - CNBC Television

Asana CEO's Confidence Offers Hope for ASAN Stock Investors

After some challenging months in 2022, investors of California-headquartered workforce-management software company Asana (NYSE: ASAN ) finally got some good news. For one thing, the company posted resul...

2 months ago - InvestorPlace

Why This Facebook Founder Is Doubling Down on a Hypergrowth Tech Stock

Dustin Moskovitz, co-founder of Meta Platforms' (NASDAQ: META ) Facebook and the current CEO of Asana (NYSE: ASAN ), is doubling down on ASAN stock. During the company's Q2 earnings report, Moskovitz an...

2 months ago - InvestorPlace

Why Asana Stock Popped Today

An insider buy and a strong earnings report continued to lift the software stock.

2 months ago - The Motley Fool

Asana to Present at Upcoming Investor Events

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today announced that Asana's chief financial officer, Tim Wan, will present at...

2 months ago - Business Wire