Asana, Inc. (ASAN)
$
18.19
-0.10 (-0.55%)
Key metrics
Financial statements
Free cash flow per share
0.0284
Market cap
4.3 Billion
Price to sales ratio
5.9486
Debt to equity
1.1563
Current ratio
1.4447
Income quality
-0.0753
Average inventory
0
ROE
-0.9477
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
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 recorded a notable revenue of $723,876,000.00 showcasing its steady growth, while also incurring an income tax expense of $4,765,000.00 indicating its tax obligations. Despite these positive financial indicators, the company reported a net loss of -$255,536,000.00 indicating challenges in its operations. The cost of revenue for the company is $77,193,000.00 showcasing its production and operational expenses. The weighted average number of shares outstanding is 229,472,000.00 highlighting the company's shareholder base. Asana's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives, managing product launches, marketing campaigns, and organization-wide goal settings across various sectors. Serving customers in technology, retail, education, non-profit, government, healthcare, media, and financial services, the company has established a diverse clientele. Incorporated in 2008 and headquartered in San Francisco, California, Asana, Inc. was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Currently, the stock is affordable at $18.29 suitable for budget-conscious investors. Additionally, the stock has a high average trading volume of 3,046,961.00 indicating strong liquidity. With a mid-range market capitalization of $4,282,475,447.00 the company is a steady performer in the market. It is a key player in the Software - Application industry, contributing significantly to the overall market landscape and driving innovation and growth within the Technology sector. Asana's commitment to providing a robust work management solution aligns with the evolving needs of modern businesses, further solidifying its position in the industry. The platform's versatility supports various organizational functions, making it an essential tool for teams looking to enhance productivity and effectiveness in their workflows.
Investing in Asana, Inc. (ASAN) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as D+, with a Bullish outlook. Always conduct your own research before investing.
Analysts predict Asana, Inc. stock to fluctuate between $11.05 (low) and $27.77 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-29, Asana, Inc.'s market cap is $4,282,475,447, based on 235,430,206 outstanding shares.
Compared to Meta Platforms, Inc. Class A Common Stock, Asana, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Asana, Inc. (ASAN) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ASAN. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Revenue: $723,876,000 | EPS: -$1.11 | Growth: -5.13%.
Visit https://asana.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $145.79 (2021-11-15) | All-time low: $11.05 (2024-09-10).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for human + AI coordination, today announced that Asana's Chief Financial Officer, Sonalee Parekh, will present at the following investor events: Bank of America 2025 Global Technology Conference on June 4, 2025 at 10:40 a.m. PT / 1:40 p.m. ET Baird 2025 Global Consumer, Technology & Services Conference on June 5, 2025 at 7:50 a.m. PT / 10:50 a.m. ET A live webcast will be available on A.
seekingalpha.com
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.
247wallst.com
Increased volatility and markets in or near bear territory has not deterred some insider buyers from continuing to build their stakes in their favorite stocks.
247wallst.com
Since the beginning of April, market volatility has spiked, due largely to uncertainty about inflation, interest rates, upcoming quarterly reports, and mostly the impact of tariffs and a global trade war on the U.S.
zacks.com
Asana (ASAN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
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.
zacks.com
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.
seekingalpha.com
Asana's 2024 results showed mixed performance, with 11% sales growth and positive free cash flow, but a soft net retention rate at 96%. CEO Dustin Moskovitz's retirement announcement triggered negative sentiment, but he remains board chair, focusing on AI strategy, which could benefit long term. Asana's 2025 growth projection of 10% is disappointing compared to competitors like monday.com, highlighting ongoing struggles in top and bottom-line competition.
benzinga.com
Asana Inc's ASAN stock plunged after multiple Wall Street firms cut their respective price targets.
barrons.com
Asana stock sinks on a disappointing outlook and news of the CEO's retirement.
See all news