Asana, Inc. (ASAN)

US — Technology Sector
Peers: KC  PTRN  BLKB  FRSH  DAVE  BRZE  VERX  NCNO  WRD  INTA 

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Key Metrics & Ratings

  • symbol ASAN
  • Rev/Share 3.2532
  • Book/Share 0.7921
  • PB 9.1651
  • Debt/Equity 1.355
  • CurrentRatio 1.3955
  • ROIC -0.4366

 

  • MktCap 1721346044.0
  • FreeCF/Share 0.3044
  • PFCF 23.7801
  • PE -7.8789
  • Debt/Assets 0.3037
  • DivYield 0
  • ROE -0.9997

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade ASAN Citigroup Neutral Buy -- $16 Jan. 15, 2026
Initiation ASAN BTIG Research -- Neutral -- -- Dec. 17, 2025
Upgrade ASAN KeyBanc Capital Markets Sector Weight Overweight -- $18 Dec. 15, 2025
Downgrade ASAN HSBC Securities Hold Reduce $13 $10 June 4, 2025
Downgrade ASAN Morgan Stanley Equal Weight Underweight -- $14 May 20, 2025
Upgrade ASAN KeyBanc Capital Markets Underweight Sector Weight -- -- Dec. 6, 2024

News

Asana Now Available in the AWS Middle East (UAE) Region to Support Enterprise and Government Customers with Local Data Residency
ASAN
Published: February 22, 2026 by: Business Wire
Sentiment: Neutral

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN), a leading work management platform for human + AI collaboration, is now available in the AWS Middle East (UAE) Region. Asana is one of the first enterprise collaborative work management platforms to offer its services on AWS Marketplace. Its availability in the AWS Middle East (UAE) Region can help regulated and public sector organizations address data residency preferences. AI is accelerating how work gets done, but adopti.

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image for news Asana Now Available in the AWS Middle East (UAE) Region to Support Enterprise and Government Customers with Local Data Residency
'Dramatic downside' risk in some software stocks still, says VantageRock's Avery Sheffield
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, SNOW, TEAM
Published: February 20, 2026 by: CNBC Television
Sentiment: Negative

AverySheffield, Vantage Rock, joins 'Closing Bell' to talk the state of software stocks and the impact of today's tariff ruling.

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image for news 'Dramatic downside' risk in some software stocks still, says VantageRock's Avery Sheffield
Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
ADBE, ASAN, CRM, DDOG, FIVN, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, RNG, SNOW, TEAM
Published: February 20, 2026 by: CNBC
Sentiment: Positive

RingCentral and Five9 rallied on the back of strong fourth-quarter results, bucking the recent downtrend in software stocks. Both customer service software firms said AI has helped their businesses and boosted bookings and revenues.

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image for news Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, PANW, SNOW, TEAM
Published: February 18, 2026 by: CNBC
Sentiment: Negative

Palo Alto Networks CEO Nikesh Arora defended the company's strategy and tried to differentiate itself from the AI threat facing software stocks. The cybersecurity company topped Wall Street's fiscal second-quarter estimates but issued lackluster earnings guidance for the current period.

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image for news Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks
10 Cheapest S&P 500 Software Stocks Ranked After The Recent Repricing
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, IVV, MDB, MSFT, NOW, ORCL, SNOW, SPLG, SPXL, SPY, SSO, TEAM, UPRO, VOO
Published: February 13, 2026 by: Seeking Alpha
Sentiment: Neutral

SaaS stocks near 52-week lows may present selective opportunities for disciplined, long-term investors. A quality screen highlights large-cap names with strong ROA and improving valuation metrics. Adobe and FICO rank highest under a modified Magic Formula framework.

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image for news 10 Cheapest S&P 500 Software Stocks Ranked After The Recent Repricing
Beaten-Down Software Stocks Are Still Good Buys, Despite Investors' AI Fears
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, SNOW, TEAM
Published: February 12, 2026 by: Morningstar
Sentiment: Neutral

#Softwarestocks #AITrade #StockPicks Two top picks from Morningstar analysts. Watch the full episode on Investing Insights: Beyond AI: Are Quantum Stocks the Next Big Thing in Tech Investing?

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image for news Beaten-Down Software Stocks Are Still Good Buys, Despite Investors' AI Fears
Software Stocks Look Primed for a Short Squeeze
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, SNOW, TEAM
Published: February 11, 2026 by: Barrons
Sentiment: Positive

Heavy short interest and stabilizing prices could spark a near-term rally—even as long-term AI fears linger.

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image for news Software Stocks Look Primed for a Short Squeeze
AI disruption fears create buying chance in US software stocks, strategists say
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, SNOW, TEAM
Published: February 10, 2026 by: Reuters
Sentiment: Positive

The severity of the pullback in software stocks in recent days, driven by fears of advances in artificial intelligence disrupting the industry, has created opportunities for investors to position for a rebound in higher-quality stocks, strategists at JP Morgan said.

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image for news AI disruption fears create buying chance in US software stocks, strategists say
Why there are 'real concerns' for some software stocks
ADBE, ASAN, CRM, DDOG, HUBS, IGV, INTU, MDB, MSFT, NOW, ORCL, SNOW, TEAM
Published: February 10, 2026 by: Yahoo Finance
Sentiment: Negative

Catalyst Funds chief investment officer and senior portfolio manager David Miller and Marketgauge.com chief strategist Michele Schneider join Morning Brief host Julie Hyman to share some of their top stock picks in the healthcare sector. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/ #youtube #tech #ai #stocks About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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image for news Why there are 'real concerns' for some software stocks
The SaaSpocalypse Has Cut These Stocks In Half
ASAN, DOCU, NOW
Published: February 05, 2026 by: 24/7 Wall Street
Sentiment: Neutral

Once upon a time, horse-drawn carriages were the primary means of transportation for those who did not ride horses themselves.

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image for news The SaaSpocalypse Has Cut These Stocks In Half
Asana to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on Monday, March 2, 2026
ASAN
Published: February 02, 2026 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for human + AI collaboration, announced today that it will release financial results for the fourth quarter and fiscal year 2026 on Monday, March 2, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The live webcast and replay will be a.

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image for news Asana to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on Monday, March 2, 2026
Asana raises full year revenue guidance as Q2 earnings beat estimates
ASAN
Published: September 04, 2025 by: Proactive Investors
Sentiment: Positive

Asana (NYSE:ASAN) reported better-than-expected results for the second quarter and raised its full-year revenue and margin guidance, sending its shares higher in early trade. Revenues for the quarter reached $196.9 million, up 10% year over year and exceeding analyst expectations of $193.1 million.

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image for news Asana raises full year revenue guidance as Q2 earnings beat estimates
Asana Is Now Available in the New AWS Marketplace AI Agents and Tools Storefront
ASAN
Published: July 16, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Asana (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for human + AI coordination, today announced its availability in the new AI Agents and Tools storefront in AWS Marketplace. This enables AWS customers to easily discover, buy, and deploy Asana using their AWS accounts, accelerating AI agent and agentic workflow development. The AI Agents and Tools storefront in AWS Marketplace serves as a centralized catalog for hundreds of AI solutions from trus.

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image for news Asana Is Now Available in the New AWS Marketplace AI Agents and Tools Storefront
This CEO Just Bought Millions More of His Company's Stock
AMD, ASAN, MTCH
Published: July 15, 2025 by: 24/7 Wall Street
Sentiment: Positive

It's hard to believe, but today there are credit cards offering up to 5% cash back (you read that right) on some items, $200 statement credits, $0 annual fees, travel rewards, and more.

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image for news This CEO Just Bought Millions More of His Company's Stock
Down 27.6% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
ASAN
Published: June 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Asana (ASAN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Read More
image for news Down 27.6% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
Asana Posts First Ever Positive Operating Margin, Signs Largest Heal In History
ASAN
Published: June 04, 2025 by: Benzinga
Sentiment: Positive

Shares of Asana Inc ASAN tanked 17.71% at last check on Wednesday, despite the company's recent earnings beat.

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image for news Asana Posts First Ever Positive Operating Margin, Signs Largest Heal In History
Software Stock Plummets Despite Quarterly Beat
ASAN
Published: June 04, 2025 by: Schaeffers Research
Sentiment: Negative

Software stock Asana Inc (NYSE:ASAN) was last seen down 17.3% at $15.71, despite better-than-expected first-quarter results, as revenue growth slowed.

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image for news Software Stock Plummets Despite Quarterly Beat
Asana shares drop on slowing revenue growth, retention headwind warning
ASAN
Published: June 04, 2025 by: Proactive Investors
Sentiment: Negative

Asana (NYSE:ASAN) shares fell sharply following the release of its first quarter earnings report due to investor concerns about slowing revenue growth and a warning about net retention rate headwinds. For the first quarter, the work management platform's revenue increased 9% year-over-year to $187.3 million, a significant slowdown from 26% growth reported in the year-ago quarter.

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image for news Asana shares drop on slowing revenue growth, retention headwind warning
Asana Named a Leader in Collaborative Work Management Tools, Q2 2025 Evaluation
ASAN
Published: June 03, 2025 by: Business Wire
Sentiment: Neutral

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), the leading work management platform for human + AI coordination, today announced it has been named a Leader in The Forrester Wave™: Collaborative Work Management (CWM) Tools, Q2 20251. Asana secured the top score in the Strategy category and achieved the highest possible scores in nine Wave criteria, including Vision, Innovation, Roadmap, Enterprise Work Management, and Usability and CX. This recognition comes as enterprise.

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image for news Asana Named a Leader in Collaborative Work Management Tools, Q2 2025 Evaluation
Boom Or Bust: Examining Asana's Challenges And Potential Value
ASAN
Published: May 01, 2025 by: Seeking Alpha
Sentiment: Neutral

Asana's current focus on workflow management and AI enhancements risks making it indistinguishable from competitors, necessitating a shift in strategy and leadership. Dustin Moskovitz's departure can be an opportunity for change. New CEO direction is currently the most important KPI. Financial challenges with decelerating revenue growth and a 3-year cash runway may require refinancing or selling the company.

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image for news Boom Or Bust: Examining Asana's Challenges And Potential Value
Surging Earnings Estimates Signal Upside for Asana (ASAN) Stock
ASAN
Published: April 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Asana (ASAN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Surging Earnings Estimates Signal Upside for Asana (ASAN) Stock
Asana's AI Studio Gains Momentum: Should You Buy the Stock Now?
ASAN
Published: April 08, 2025 by: Zacks Investment Research
Sentiment: Positive

ASAN's launch of AI Studio is resulting in significant gains, which investors should see as a compelling entry point for the stock in 2025.

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image for news Asana's AI Studio Gains Momentum: Should You Buy the Stock Now?
Down -36.19% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
ASAN
Published: March 21, 2025 by: Zacks Investment Research
Sentiment: Positive

Asana (ASAN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Read More
image for news Down -36.19% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround

About Asana, Inc. (ASAN)

  • IPO Date 2020-09-30
  • Website https://asana.com
  • Industry Software - Application
  • CEO Daniel Mark Rogers
  • Employees 1819

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.