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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
6.480
Open
6.320
VWAP
6.38
Vol
987.06K
Mkt Cap
1.52B
Low
6.265
Amount
6.29M
EV/EBITDA(TTM)
--
Total Shares
237.36M
EV
1.12B
EV/OCF(TTM)
12.43
P/S(TTM)
1.91
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)
2026-04-17
16:00:00
Asana Short Interest Soars to 33%
select
2026-03-03 (ET)
2026-03-03
16:20:00
SentinelOne Appoints Sonalee Parekh as CFO
select

News

Yahoo Finance
6.5
04-24Yahoo Finance
Investment Risks in Low-Priced Stocks
  • Asana's Weak Performance: Asana (ASAN) trades at $6.10, with an average billings growth of only 9.4% over the past year, leading to a weakened customer commitment and a net revenue retention rate of just 95.7%, which reflects difficulties in retaining customers in a competitive market and impacts long-term growth potential.
  • Alta's Cash Flow Crisis: Alta Equipment Group (ALTG) is priced at $7.18, facing a 1.1% annual sales decline over the past two years, and its cash-burning history raises doubts about the long-term viability of its business model, while limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholder value.
  • American Outdoor Brands Revenue Decline: American Outdoor Brands (AOUT) is priced at $9.60, with a 4.3% annual revenue decline over the last five years, and a poor free cash flow margin of 1.3% limits its ability to invest in growth initiatives, execute share buybacks, or pay dividends, showcasing inefficacy in management's investment decisions.
  • Risks in Low-Priced Stocks: Many stocks priced between $1 and $10 lack the fundamentals to support their prices, necessitating a cautious approach from investors to avoid being spooked by the poor behavior of lower-quality companies, highlighting the importance of sensitivity to market dynamics and the need to select high-quality stocks.
Yahoo Finance
2.0
04-21Yahoo Finance
Stock Market Rebounds with Software Stocks Leading the Charge
  • Market Rebound: Despite escalating geopolitical tensions, investors continued to buy the dip, leading to a rebound in the stock market during the afternoon session, particularly in the software sector, indicating strong market confidence in enterprise software.
  • Software Stocks Lead: High-growth companies like Datadog and ServiceNow spearheaded the rebound, with Atlassian's stock rising 5.6%, Wix's stock increasing by 9.5%, and Asana's stock up 5.4%, reflecting optimistic market sentiment regarding their future growth potential.
  • Wix Stock Volatility: Wix's shares have experienced 27 moves greater than 5% over the past year, and today's increase indicates market attention to its business outlook, despite a 26% decline year-to-date, currently trading at $74.69, significantly below its 52-week high.
  • AI Application Prospects: In the AI sector, certain companies are gaining attention, as some trade at undervalued prices while leveraging AI for revenue generation, highlighting that the market has yet to fully recognize the potential opportunities in AI applications.
Fool
6.5
04-16Fool
Analysis of SaaS Companies' Prospects Amid AI Disruption
  • Market Panic Intensifies: SaaS companies are experiencing severe market panic, as evidenced by the iShares Expanded Tech-Software Sector ETF (IGV) dropping over 30% in the past six months, compared to a mere 9% decline in the NASDAQ, indicating a significant loss of investor confidence in SaaS stocks.
  • Chegg's Collapse: The online homework help platform Chegg has seen its stock plummet over 99% since its peak in 2021, as its core product has been replaced by free AI tools like ChatGPT, leading to a 40% year-over-year revenue decline, highlighting the tangible threat AI poses to certain SaaS companies.
  • HubSpot and Constellation's Dilemma: Despite HubSpot and Constellation Software achieving all-time highs in revenue and free cash flow, their valuations have plummeted, with HubSpot trading at a mere 4 times sales and Constellation at 3 times, reflecting a pessimistic outlook from the market regarding their futures.
  • AI as a Double-Edged Sword: While AI poses a threat to SaaS companies, some experts believe it could also serve as an advantage, particularly for firms like ServiceNow and Cadence, which may leverage AI effectively to gain a competitive edge in the evolving market landscape.
seekingalpha
4.0
04-14seekingalpha
Piper Sandler Downgrades SAP, Asana, and monday.com Ratings
  • SAP Downgrade: Piper Sandler downgraded SAP from Overweight to Neutral, cutting the price target from €220 to €170, citing analysts' concerns over slower-than-expected cloud conversions and SAP's significant exposure to a weakening European economy, which may impact execution risk.
  • Cloud Transition Challenges: Analysts noted that customer prioritization of general AI adoption over ERP migrations ahead of the 2027 deadline has led to slower cloud conversion rates, diminishing confidence in SAP's ability to meet its initial FY26 guidance, particularly as lower-hanging fruit migrations are lagging.
  • Asana and monday.com Ratings Adjusted: Piper Sandler also downgraded Asana and monday.com from Overweight to Neutral, with price targets reduced to $7 and $85 respectively, as the collaboration software sector faces increased scrutiny and concerns over slowing growth rates.
  • Market Environment Impact: Asana's heightened exposure to the tech vertical may lead to faster efficiency-driven constraints, while monday.com, despite guiding for 18.3% growth in fiscal 2026, is experiencing margin compression, indicating that increased scrutiny from investors could temper near-term multiple expansion.
Yahoo Finance
6.0
04-12Yahoo Finance
Asana Upgraded to Sector Perform by RBC Capital
  • Analyst Rating Change: RBC Capital analyst Rishi Jaluria upgraded Asana, Inc. (NYSE:ASAN) to Sector Perform with an unchanged $7 price target, reflecting optimism following management meetings.
  • AI Product Performance: Asana's AI Studio has reached $6 million in annual recurring revenue with eight customers spending over $100,000, indicating increasing market acceptance of the company's AI offerings.
  • Positive Customer Feedback: Rishi Jaluria noted that the AI Teammates beta has attracted 200 customers, with strong feedback suggesting broader market adoption, and expects AI to contribute 15% of new annual recurring revenue this year.
  • Competitor Dynamics: Despite KeyBanc and BofA lowering their price targets to $15 and $14 respectively, both maintained buy ratings, indicating market recognition of Asana's potential value and growth opportunities.
Yahoo Finance
2.0
04-10Yahoo Finance
Middle East Ceasefire Breach Triggers Market Volatility
  • Market Volatility Intensifies: Reports of a ceasefire breach in the Middle East have heightened market fears, leading to significant declines in stocks like HubSpot and Asana, which fell 7% and 6.9% respectively, indicating investor sensitivity to geopolitical risks.
  • AI Disrupting Traditional Models: The launch of Anthropic's Managed Agents, autonomous AI systems, has raised concerns about the traditional SaaS model, as traders worry that these efficient AI tools could replace human-operated solutions, impacting the market positions of established companies.
  • Impact of Short Sellers: Notable short seller Michael Burry's claim that Anthropic is
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
Piper Sandler
Overweight -> Neutral
downgrade
$9 -> $7
AI Analysis
2026-04-14
Reason
Piper Sandler
Price Target
$9 -> $7
AI Analysis
2026-04-14
downgrade
Overweight -> Neutral
Reason
Piper Sandler downgraded Asana to Neutral from Overweight with a price target of $7, down from $9. The firm says 2026 "has been rough for enterprise software." As the frontier model providers "move up the stack" and compete with incumbents for IT budgets, investors are reassessing terminal multiples, the analyst tells investors in a research note. Piper lowered multiples in the group ahead of Q1 earnings and downgraded three names. Asana "is arguably in a no man's land of growth/profitability," the firm contends.
RBC Capital
Rishi Jaluria
Underperform
to
Sector Perform
upgrade
$7
2026-04-01
Reason
RBC Capital
Rishi Jaluria
Price Target
$7
2026-04-01
upgrade
Underperform
to
Sector Perform
Reason
RBC Capital analyst Rishi Jaluria upgraded Asana to Sector Perform from Underperform with an unchanged price target of $7 after hosting meetings with management. The company highlighted that its AI Studio has reached $6M in annual recurring revenue with eight customers spending at least $100,000, the analyst tells investors in a research note. In addition, RBC says Asana's AI Teammates beta launched with 200 customers and is designed as an initial landing point to expand across its full customer base. The firm says the company is seeing "strong feedback" on both products, with AI expected to contribute 15% of new annual recurring revenue this year.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ASAN
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Valuation Metrics

The current forward P/E ratio for Asana Inc (ASAN.N) is 17.33, compared to its 5-year average forward P/E of -73.85. 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
-73.85
Current PE
17.33
Overvalued PE
119.51
Undervalued PE
-267.22

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
-85.66
Current EV/EBITDA
108.50
Overvalued EV/EBITDA
178.50
Undervalued EV/EBITDA
-349.83

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
10.10
Current PS
1.58
Overvalued PS
21.73
Undervalued PS
-1.53

Financials

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Frequently Asked Questions

What is Asana Inc (ASAN) stock price today?

The current price of ASAN is 6.385 USD — it has decreased -0.08

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 205.57M USD, increased 9.15

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

Asana Inc. EPS for the last quarter amounts to -0.14 USD, decreased -48.15

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

Asana Inc (ASAN) has 1767 emplpoyees as of April 27 2026.

What is Asana Inc (ASAN) market cap?

Today ASAN has the market capitalization of 1.52B USD.