Asana announces general availability of AI teammates and increases FY 2026 revenue forecast following 9% growth.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2025
0mins
Should l Buy ASAN?
Source: SeekingAlpha
Q3 Financial Performance: Asana reported Q3 revenues of $201 million, a 9% year-over-year increase, exceeding guidance, with a non-GAAP operating income of $16.3 million and a net income of $17.9 million.
AI Initiatives and Customer Retention: The introduction of AI teammates and the AI Studio has driven productivity gains, with customer retention at a 12-month high and significant expansions among key clients, including a Fortune 100 healthcare provider.
Future Outlook: For Q4 fiscal 2026, Asana expects revenues between $204 million and $206 million, with continued investment in AI and product development, while raising full-year revenue guidance to $789 million to $791 million.
Management Changes and Strategic Focus: Following the departure of the COO, Asana has streamlined its leadership structure, emphasizing operational efficiency and deeper sector penetration, while addressing risks in the tech sector and SMB segment.
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Analyst Views on ASAN
Wall Street analysts forecast ASAN stock price to rise
11 Analyst Rating
3 Buy
6 Hold
2 Sell
Hold
Current: 7.530
Low
11.00
Averages
15.70
High
19.00
Current: 7.530
Low
11.00
Averages
15.70
High
19.00
About ASAN
Asana, Inc. is an enterprise work management software platform. It enables organizations to align work to goals, coordinate cross-functional work, gain visibility into progress, automate workflows across departments, and scale work securely. It offers two products within the Asana platform to meet the needs of diverse organizations. The Asana platform maintains an application programming interface that enables developers to build apps on Asana and integrate with hundreds of third-party applications like Microsoft Teams, Slack, Jira, Salesforce, Google Workspace, Adobe Creative Cloud and many more. Its flagship product, Asana Work Graph, provides a map of how all work gets done inside an organization. It is built for scale and captures the relationship between the work that teams undertake, the information about that work, the people doing the work, and the outcomes of that work. It provides interactive dynamic views list, calendar, board, timeline, goals, portfolio, reports and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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