Asana, Inc. (ASAN)
NYSE:ASAN
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ASAN Stock Chart & Stats
$5.84
-$0.99(-4.84%)
At close: 4:00 PM EST
$5.84
-$0.99(-4.84%)
Day’s Range― - ―
52-Week Range$5.38 - $16.99
Previous CloseN/A
Volume1.06M
Average Volume (3M)7.38M
Market Cap
$2.00B
Enterprise Value$1.85B
Total Cash (Recent Filing)$424.64M
Total Debt (Recent Filing)$248.24M
Price to Earnings (P/E)―
Beta1.43
Next Earnings
Sep 09, 2026EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.69
Shares Outstanding160,969,540
10 Day Avg. Volume8,444,663
30 Day Avg. Volume7,375,571
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)15.75
Price to Sales (P/S)3.07
P/FCF Ratio28.04
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue2.28
Enterprise Value/Gross Profit2.58
Enterprise Value/Ebitda-14.01
Forecast
1Y Price Target
$9.00Price Target Upside54.11% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)0.37
Revenue Forecast (FY)$854.30M
Bulls Say, Bears Say
Bulls Say
High Gross Margins & Revenue GrowthExceptionally high gross margins (~89%) with strong TTM revenue growth indicate durable unit economics for Asana's SaaS model. High gross margins support scalable operating leverage as sales invest in go-to-market and AI productization, aiding sustainable margin expansion over months.
Improving Cash GenerationOperating and free cash flow turning solidly positive materially reduces funding risk and supports reinvestment, M&A and buybacks. Improved cash generation makes the business less reliant on capital markets and provides optionality to fund AI roadmap and enterprise sales over the next several quarters.
AI Traction & Strategic M&AStrong early AI adoption (17% of net-new ARR) combined with Stack.ai acquisition that accelerates the AI/automation roadmap adds durable product differentiation. This bolsters enterprise value proposition, stickiness and potential for higher ARPU as AI features embed into core workflows over time.
Bears Say
Rising Leverage And Thinner EquityRising leverage and a shrinking equity base reduce financial flexibility and increase downside risk if growth slows. Higher debt-to-equity constrains the company's ability to fund opportunistic investments or absorb shocks, making capital allocation choices and interest exposure more consequential over months.
Net Revenue Retention Below 100%NRR below 100% means revenue from existing customers isn't self-sustaining through expansion, forcing heavier reliance on new customer acquisition. That dynamic can slow durable ARR growth and pressure margins because selling to new logos is typically costlier than expanding existing accounts.
PLG Drag And Elevated SBCA structural PLG shift tied to AI discovery is expected to shave ARR growth, reducing organic expansion efficiency. Meanwhile elevated stock-based compensation sustains GAAP expense and dilution, limiting net income and EPS improvement even as non-GAAP margins expand, impacting long-term shareholder returns.
Asana News
ASAN FAQ
What was Asana, Inc.’s price range in the past 12 months?
Asana, Inc. lowest stock price was $5.38 and its highest was $16.99 in the past 12 months.
What is Asana, Inc.’s market cap?
Asana, Inc.’s market cap is $2.00B.
When is Asana, Inc.’s upcoming earnings report date?
Asana, Inc.’s upcoming earnings report date is Sep 09, 2026 which is in 97 days.
How were Asana, Inc.’s earnings last quarter?
Asana, Inc. released its earnings results on May 28, 2026. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.075 by $0.025.
Is Asana, Inc. overvalued?
According to Wall Street analysts Asana, Inc.’s price is currently Undervalued.
Does Asana, Inc. pay dividends?
Asana, Inc. does not currently pay dividends.
What is Asana, Inc.’s EPS estimate?
Asana, Inc.’s EPS estimate is 0.09.
How many shares outstanding does Asana, Inc. have?
Asana, Inc. has 160,969,540 shares outstanding.
What happened to Asana, Inc.’s price movement after its last earnings report?
Asana, Inc. reported an EPS of $0.1 in its last earnings report, beating expectations of $0.075. Following the earnings report the stock price went up 15.616%.
Which hedge fund is a major shareholder of Asana, Inc.?
Currently, no hedge funds are holding shares in ASAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Asana Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$9.00 (54.11% Upside)
$9.00 (54.11% Upside)
Blogger Sentiment
Neutral
ASAN Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 87.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $347.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.0%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Bullish
Bullish news 79%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-52.77%
12-Months-Change
Fundamentals
Return on Equity
-92.84%
Trailing 12-Months
Asset Growth
-8.17%
Trailing 12-Months
Company Description
Asana, Inc.
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 Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
ASAN Company Deck
ASAN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple clear operational and product momentum signals — above-guidance revenue, expanding profitability, improving retention trends, strong AI product adoption, and a strategic acquisition (Stack.ai) that accelerates the AI roadmap. At the same time, management flagged several near-term headwinds (PLG drag, cautious guidance that does not fully assume tech vertical recovery, acquisition margin impact, and SBComp/dilution). On balance the positives (revenue/profit beat, improving NRR trend, AI traction, cash/RPO growth, and strategic M&A) outweigh the lowlights, but the company remains in an early phase of AI monetization with some conservatism reflected in guidance.View all ASAN earnings summariesASAN Revenue Breakdown
61.00% U.S.
39.00% International
ASAN Stock 12 Month Forecast
Average Price Target
$9.00
▲(54.11% Upside)
Technical Analysis
Ownership Overview
44.59% Insiders
10.78% Mutual Funds
7.22% Other Institutional Investors
24.79% Public Companies and Individual Investors