AsanaASAN
ASAN
About: Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.
Employees: 1,840
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
30% more call options, than puts
Call options by funds: $31.2M | Put options by funds: $24M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 62
5.1% less ownership
Funds ownership: 45.96% [Q2] → 40.86% (-5.1%) [Q3]
7% less funds holding
Funds holding: 212 [Q2] → 197 (-15) [Q3]
26% less capital invested
Capital invested by funds: $917M [Q2] → $677M (-$240M) [Q3]
28% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 54
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
54%
downside
Avg. target
$17.45
19%
downside
High target
$25
15%
upside
11 analyst ratings
2 positive
18%
7 neutral
64%
2 negative
18%
Scotiabank Allan Verkhovski 50% 1-year accuracy 3 / 6 met price target | 17%downside $18 | Sector Perform Maintained | 6 Dec 2024 |
DA Davidson Lucky Schreiner 100% 1-year accuracy 5 / 5 met price target | 8%downside $20 | Neutral Maintained | 6 Dec 2024 |
Morgan Stanley Josh Baer 73% 1-year accuracy 11 / 15 met price target | 17%downside $18 | Equal-Weight Maintained | 6 Dec 2024 |
Oppenheimer Ittai Kidron 68% 1-year accuracy 32 / 47 met price target | 1%upside $22 | Outperform Maintained | 6 Dec 2024 |
JP Morgan Pinjalim Bora 54% 1-year accuracy 32 / 59 met price target | 31%downside $15 | Underweight Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 15 articles about ASAN published over the past 30 days
Neutral
Invezz
16 hours ago
Expensive Asana stock price could surge by 195% in 2025
Asana stock price has suffered a harsh reversal in the past few days as investors fade the December 5 earnings surge. ASAN shares retreated to $21.65, down by over 22% from the highest point this month.
Neutral
The Motley Fool
1 week ago
Could Asana Be the Next Palantir?
One of the more common ideas surrounding the impacts of artificial intelligence (AI) pertains to productivity in the workplace. JPMorgan Chase CEO Jamie Dimon recently theorized that AI will bring such mass efficiencies to the workplace that employees will only work three and a half days per week as the technology scales.
Negative
The Motley Fool
1 week ago
Has Asana Finally Turned the Corner?
Asana (ASAN -5.83%) has struggled to make a profit since going public and that's impacted the stock's performance long term. But shares came to life last week after earnings.
Positive
Seeking Alpha
1 week ago
Asana: Stickiness Of AI Studio Could Lead The Turnaround - Initiating With Buy
Asana shot up more than 43% since reporting Q3 earnings and productivity wins with AI Studio. We think this name should be on investors' radar for next year. AI Studio's stickiness and ease of adoption will drive top line growth in FY26 and show up on management's FY guide next quarter, in our opinion. We think the more favorable rate cut environment next year should also help Asana to capture a wider scale of mid-market customers alongside momentum with large customer adoption.
Neutral
Business Wire
1 week ago
Asana to Present at Upcoming Investor Event
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading enterprise work management platform, today announced that Asana's executives will present at the following investor event: Barclays 22nd Annual Global Technology Conference on December 11, 2024, at 8:40 a.m. PT / 11:40 a.m. ET A live webcast will be available on Asana's website at https://investors.asana.com. About Asana Asana, a leading enterprise work management platform, is where work connects to goals. Over 150,.
Neutral
Seeking Alpha
2 weeks ago
Asana Stock Becomes An AI Play (Ratings Downgrade)
Asana's stock surged 40% post-earnings, driven by optimism around its new AI Studio product, despite modest top-line growth and profit margins. The company's valuation appears inflated due to tech sector euphoria, making the current risk-reward proposition unattractive. ASAN's strong balance sheet and new AI product are promising, but I need to see clear evidence of revenue acceleration before re-entering.
Positive
Seeking Alpha
2 weeks ago
Asana: Wait For Growth To Accelerate Before Investing
I give a hold rating for Asana (ASAN) as I await revenue growth acceleration. ASAN's 3Q25 earnings showed stabilization and better execution, with improvements in ARR, billings, RPO, and customer additions. Management's 4Q25 revenue guidance is encouraging, pointing to potential growth acceleration, supported by accurate past guidance and solid profitability improvements.
Positive
The Motley Fool
2 weeks ago
Here's Why Asana Stock Absolutely Skyrocketed Today
Shares of enterprise software company Asana (ASAN 43.10%) absolutely skyrocketed on Friday after it reported financial results for its fiscal third quarter of 2025 -- results that had the investing world feeling quite optimistic about its future. As of 9:50 a.m.
Positive
Barrons
2 weeks ago
Asana Stock Rallies 26% After Earnings. Thank ‘Significant Demand' for Its AI Tool.
During its most recent quarter, the work management software company launched AI Studio.
Neutral
Seeking Alpha
2 weeks ago
Asana, Inc. (ASAN) Q3 2025 Earnings Call Transcript
Asana, Inc. (NYSE:ASAN ) Q3 2025 Earnings Conference Call December 5, 2024 4:30 PM ET Company Participants Catherine Buan - Head of IR Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - Chief Operating Officer and Head of Business Sonalee Parekh - Chief Financial Officer Conference Call Participants Josh Baer - Morgan Stanley Rob Oliver - Baird Brent Bracelin - Piper Sandler Steven Enders - Citi Michael Funk - Bank of America Brent Thill - Jefferies Lucky Schreiner - D.A. Davidson Catherine Buan Hello everyone and welcome to Asana's Third Quarter Fiscal Year 2025 Earnings call.
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