14.84 USD
-0.20
1.33%
At close Apr 17, 4:00 PM EDT
After hours
14.87
+0.03
0.20%
1 day
-1.33%
5 days
-4.93%
1 month
5.55%
3 months
-23.27%
6 months
21.84%
Year to date
-25.24%
1 year
8.16%
5 years
-48.47%
10 years
-48.47%
 

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: 1,819

0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

116% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 32

113% more capital invested

Capital invested by funds: $677M [Q3] → $1.44B (+$764M) [Q4]

36% more call options, than puts

Call options by funds: $75M | Put options by funds: $55.3M

19% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 57

16% more funds holding

Funds holding: 199 [Q3] → 231 (+32) [Q4]

8.76% more ownership

Funds ownership: 40.85% [Q3] → 49.61% (+8.76%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$12
19%
downside
Avg. target
$15.80
6%
upside
High target
$25
68%
upside

10 analyst ratings

positive
30%
neutral
60%
negative
10%
Morgan Stanley
Josh Baer
55% 1-year accuracy
11 / 20 met price target
6%downside
$14
Equal-Weight
Maintained
16 Apr 2025
DA Davidson
Lucky Schreiner
30% 1-year accuracy
3 / 10 met price target
19%downside
$12
Neutral
Maintained
11 Mar 2025
JP Morgan
Pinjalim Bora
50% 1-year accuracy
30 / 60 met price target
12%downside
$13
Underweight
Maintained
11 Mar 2025
UBS
Taylor McGinnis
17% 1-year accuracy
2 / 12 met price target
6%downside
$14
Neutral
Maintained
11 Mar 2025
Scotiabank
Allan Verkhovski
23% 1-year accuracy
3 / 13 met price target
19%downside
$12
Sector Perform
Maintained
11 Mar 2025

Financial journalist opinion

Based on 7 articles about ASAN published over the past 30 days

Neutral
Business Wire
1 day ago
Asana Appoints Revenue Leader Marc Boroditsky to Board of Directors
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, today announced the appointment of Marc Boroditsky to its Board of Directors. Mr. Boroditsky brings significant go-to-market expertise and a proven track record of scaling revenue organizations at high-growth, multi-billion dollar revenue SaaS companies, which will be instrumental to Asana's next stage of growth. “I'm excited to welcome Marc to our Board," said Dustin Moskovitz,.
Asana Appoints Revenue Leader Marc Boroditsky to Board of Directors
Negative
24/7 Wall Street
1 week ago
Tilman Fertitta, Carl Icahn, and More Insiders Return to the Buy Window
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.
Tilman Fertitta, Carl Icahn, and More Insiders Return to the Buy Window
Positive
Zacks Investment Research
1 week ago
Surging Earnings Estimates Signal Upside for Asana (ASAN) Stock
Asana (ASAN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Surging Earnings Estimates Signal Upside for Asana (ASAN) Stock
Positive
Zacks Investment Research
1 week ago
Asana's AI Studio Gains Momentum: Should You Buy the Stock Now?
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.
Asana's AI Studio Gains Momentum: Should You Buy the Stock Now?
Negative
24/7 Wall Street
1 week ago
These 5 Insiders Are Buying During Market Chaos
Market volatility has spiked since the beginning of April, 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.
These 5 Insiders Are Buying During Market Chaos
Neutral
24/7 Wall Street
2 weeks ago
Substantial Insider Buying: American Express, Asana, and More
Retirement can be daunting, but it doesn't need to be. Imagine having an expert in your corner to help you with your financial goals.
Substantial Insider Buying: American Express, Asana, and More
Positive
Zacks Investment Research
4 weeks ago
Down -36.19% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
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.
Down -36.19% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
Negative
Seeking Alpha
1 month ago
Asana Q4 2024 Plunge Reaction, Despite Future Revenue Potential
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.
Asana Q4 2024 Plunge Reaction, Despite Future Revenue Potential
Negative
Benzinga
1 month ago
Asana Growth Materially Lags Peers, JP Morgan Cuts Price Forecast
Asana Inc's ASAN stock plunged after multiple Wall Street firms cut their respective price targets.
Asana Growth Materially Lags Peers, JP Morgan Cuts Price Forecast
Negative
Proactive Investors
1 month ago
Asana shares plummet on weak revenue outlook as CEO announces retirement
Asana (NYSE:ASAN) shares fell more than 27% to about $12 after the work management platform announced the retirement of its CEO and issued disappointing revenue guidance. CEO Dustin Moskovitz, who co-founded Asana 17 years ago, will transition to the role of chair once a successor has been appointed.
Asana shares plummet on weak revenue outlook as CEO announces retirement
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