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ASAN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
7.890
Open
7.800
VWAP
7.78
Vol
3.93M
Mkt Cap
1.80B
Low
7.630
Amount
30.57M
EV/EBITDA(TTM)
--
Total Shares
230.51M
EV
1.42B
EV/OCF(TTM)
11.47
P/S(TTM)
2.30
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.
Show More

Events Timeline

(ET)
2026-06-07
17:50:00
Asana Short Interest Rises to 35.8%
select
2026-05-28 (ET)
2026-05-28
20:20:00
US Stocks Hit Record Highs on US-Iran Ceasefire News
select
2026-05-28
16:20:00
Raises FY27 Revenue View to $855.5M-$863.5M
select
2026-05-28
16:10:00
Asana Completes Acquisition of StackAI
select
2026-05-28
16:10:00
Asana Q1 Revenue $205.1M, Exceeds Expectations
select
2026-05-28
16:10:00
Sees Q2 Revenue of $213M-$215M
select

News

Newsfilter
8.5
06-04Newsfilter
Asana Launches Agentic Work Management System
  • AI Productivity Boost: Asana's newly launched Agentic Work Management system addresses the issue where 75% of knowledge workers use AI but only 5% of companies see significant productivity gains, by providing a shared plan and governance framework that enables collaboration between humans and AI agents, thereby enhancing overall enterprise efficiency.
  • New Product Launch: Asana Dash, serving as a personal AI Chief of Staff, understands user goals and priorities, converting follow-ups from meetings and emails into structured work, which helps users advance projects more quickly and improves work efficiency.
  • Industry-Specific Solutions: Asana introduces pre-built industry-specific AI agents for sectors like manufacturing and retail, enabling teams to onboard quickly and gain value, significantly reducing workflow times and enhancing competitive advantage in their respective industries.
  • Customer Success Stories: FedEx achieved a 9x improvement in speed to market and saved hundreds of thousands of dollars annually by deploying AI Studio and AI Teammates, while COS cut campaign setup time by 90% and doubled asset output per campaign, significantly reducing manual work hours.
CNBC
2.0
05-29CNBC
Software Stocks Rally as Snowflake and Okta Report Strong Results
  • Snowflake's Strong Performance: Snowflake saw a nearly 50% increase over four trading days following the holiday, announcing a $6 billion cloud and chip deal with Amazon, which reflects a surge in customer demand for AI tools and boosts the company's earnings guidance.
  • Investor Confidence in Okta: Okta achieved a record 30% gain on Friday, with better-than-expected results indicating that businesses are ramping up investments in identity security tools to combat the rising threat of bot attacks as they transition to agentic AI.
  • ETF Performance Surge: The iShares Expanded Tech-Software ETF rose 8% this week and is up 21% for May, marking its best monthly performance since October 2001, signaling a gradual recovery of market confidence in the software sector.
  • Overall Industry Recovery: Companies like Atlassian and ServiceNow saw increases of 26% and over 20%, respectively, indicating a clear recovery trend in the software industry driven by partnerships with AI, despite Microsoft still being down nearly 7% year-to-date.
Newsfilter
2.0
05-29Newsfilter
Software Stocks Surge as AI Concerns Ease Following Strong Earnings
  • Software Stock Rebound: Software stocks rebounded this week due to strong performances from Snowflake and Okta, with the iShares Expanded Tech-Software ETF rising 8% and closing May up 21%, marking the best monthly performance since October 2001, indicating renewed market confidence in the software sector.
  • Snowflake's Stellar Performance: Snowflake's stock surged nearly 50% in the four trading days following the holiday, announcing a $6 billion cloud and chip deal with Amazon while raising guidance, reflecting a growing demand for AI tools among customers.
  • Okta's Record Growth: Okta's stock jumped 30% on Friday, exceeding market expectations, with the CEO stating that businesses are investing more in identity security tools to tackle AI-driven security challenges, highlighting strong demand in the identity management market.
  • Strong Performance from Other Software Firms: Atlassian rose 26%, ServiceNow surged over 20%, and cloud infrastructure giants Oracle and Microsoft increased by 16% and nearly 8%, respectively, although Microsoft remains down nearly 7% year-to-date.
Newsfilter
1.0
05-29Newsfilter
Asana Announces Upcoming Investor Events Schedule
  • Investor Event Schedule: Asana will present at the Bank of America 2026 Global Technology Conference on June 2, 2026, at 10:40 a.m. PT / 1:40 p.m. ET, showcasing its strategic positioning in the tech sector.
  • Consumer Technology Conference: Following this, Asana will speak at the Baird 2026 Global Consumer, Technology & Services Conference on June 4, 2026, at 6:40 a.m. PT / 9:40 a.m. ET, further expanding its market influence.
  • Investor Webinar: Asana plans to host an investor webinar titled “OS for Human-Agent Teams - Strategy and Innovation Showcase” on June 8, 2026, at 7:00 a.m. PT / 10:00 a.m. ET, aimed at sharing its innovative strategies.
  • Live Webcast Availability: All events will be available via live webcast on Asana's website, ensuring investors can access real-time updates on the company's latest developments, enhancing transparency and investor relations.
seekingalpha
9.5
05-29seekingalpha
Asana Q1 Earnings Beat Expectations, Acquires StackAI
  • Significant Revenue Growth: Asana reported Q1 FY 2027 revenue of $205.1 million, reflecting a 9.5% year-over-year increase that exceeded the upper end of guidance, indicating strong trends in customer retention and expansion.
  • Improved Customer Retention: The overall net revenue retention rate (NRR) improved to 97% for the fourth consecutive quarter, marking the first positive growth in the tech sector in eight quarters, suggesting a recovery in market demand.
  • Increased AI Product Contribution: AI product bookings now account for 17% of net new annual recurring revenue (ARR), with the number of customers spending over $100,000 annually nearly doubling, highlighting the market appeal of AI solutions.
  • Strategic Acquisition Progress: Asana announced the acquisition of StackAI, which is expected to accelerate the product roadmap and create a drag of approximately 1 percentage point on operating margins in Q2, reflecting the company's strategic positioning in the AI space.
CNBC
2.0
05-29CNBC
Energy Stocks Decline as Nextpower Acquires Battery Firm
  • Energy Sector Decline: Energy stocks fell for the fourth consecutive day after President Trump indicated a potential deal to end the U.S.-Iran conflict, with OneOK leading the S&P 500 energy sector down over 3%, reflecting market concerns about the industry's outlook.
  • Nextpower Acquisition: Nextpower's stock surged 13% following its announcement of acquiring battery storage company Prevalon Energy for approximately $365 million, while also raising its full-year revenue guidance, indicating its strategic expansion in the renewable energy sector.
  • Dell Technologies Surge: Dell Technologies' shares jumped 29% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analyst expectations, showcasing strong market demand recovery.
  • American Eagle's Poor Performance: American Eagle Outfitters' shares dropped 13% as comparable sales at its American Eagle banner fell 2% in Q1, with second-quarter guidance disappointing analysts, highlighting the sales pressure and intensified competition it faces.
Wall Street analysts forecast ASAN stock price to rise
11 Analyst Rating
Wall Street analysts forecast ASAN stock price to rise
3 Buy
6 Hold
2 Sell
Hold
Current: 0.000
sliders
Low
11.00
Averages
15.70
High
19.00
Current: 0.000
sliders
Low
11.00
Averages
15.70
High
19.00
RBC Capital
Rishi Jaluria
maintain
$7 -> $8
AI Analysis
2026-05-29
Reason
RBC Capital
Rishi Jaluria
Price Target
$7 -> $8
AI Analysis
2026-05-29
maintain
Reason
RBC Capital analyst Rishi Jaluria raised the firm's price target on Asana to $8 from $7 and keeps a Sector Perform rating on the shares. The company's Q1 results were solid as the firm was pleased to see stable dollar-based net retention rates across all customer cohorts, the analyst tells investors in a research note.
Citi
Buy
to
Buy
downgrade
$13 -> $11
2026-05-29
Reason
Citi
Price Target
$13 -> $11
2026-05-29
downgrade
Buy
to
Buy
Reason
Citi lowered the firm's price target on Asana to $11 from $13 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ASAN
Unlock Now

Valuation Metrics

The current forward P/E ratio for Asana Inc (ASAN.N) is 23.47, compared to its 5-year average forward P/E of -72.68. For a more detailed relative valuation and DCF analysis to assess Asana Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-72.68
Current PE
23.47
Overvalued PE
121.09
Undervalued PE
-266.45

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-82.90
Current EV/EBITDA
-40.87
Overvalued EV/EBITDA
182.61
Undervalued EV/EBITDA
-348.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
9.79
Current PS
2.00
Overvalued PS
21.46
Undervalued PS
-1.88

Financials

AI Analysis
Annual
Quarterly

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Frequently Asked Questions

What is Asana Inc (ASAN) stock price today?

The current price of ASAN is 7.82 USD — it has decreased -0.26

What is Asana Inc (ASAN)'s business?

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.

What is the price predicton of ASAN Stock?

Wall Street analysts forecast ASAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASAN is15.70 USD with a low forecast of 11.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Asana Inc (ASAN)'s revenue for the last quarter?

Asana Inc revenue for the last quarter amounts to 205.09M USD, increased 9.52

What is Asana Inc (ASAN)'s earnings per share (EPS) for the last quarter?

Asana Inc. EPS for the last quarter amounts to -0.06 USD, decreased -64.71

How many employees does Asana Inc (ASAN). have?

Asana Inc (ASAN) has 1767 emplpoyees as of June 09 2026.

What is Asana Inc (ASAN) market cap?

Today ASAN has the market capitalization of 1.80B USD.