Asana
ASAN
Market cap $3.27B

13.88 USD

-0.54

3.74%

At close Jul 11, 4:00 PM EDT

After hours

13.93

+0.05

0.36%

1 day

-3.74%

5 days

-0.22%

1 month

-1.84%

3 months

-10.74%

6 months

-26.29%

Year to date

-30.08%

1 year

2.66%

5 years

-51.81%

10 years

-51.81%

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

Technology Software - Application

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

61% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 56

27% more call options, than puts

Call options by funds: $42.7M | Put options by funds: $33.6M

0% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 47

3% less funds holding

Funds holding: 232 [Q4 2024] → 226 (-6) [Q1 2025]

2.59% less ownership

Funds ownership: 49.61% [Q4 2024] → 47.02% (-2.59%) [Q1 2025]

30% less capital invested

Capital invested by funds: $1.44B [Q4 2024] → $1.01B (-$430M) [Q1 2025]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$10

28%

downside

Avg. target

$16.55

19%

upside

High target

$22

59%

upside

10 analyst ratings

3 positive

30%

4 neutral

40%

3 negative

30%

Jefferies Brent Thill	22%upside $17	Hold Maintained	4 Jun 2025
Morgan Stanley Josh Baer	6%downside $13	Underweight Maintained	4 Jun 2025
JP Morgan Pinjalim Bora	1%upside $14	Underweight Maintained	4 Jun 2025
Scotiabank Allan Verkhovski	19%upside $16.50	Sector Perform Maintained	4 Jun 2025
UBS Taylor McGinnis	30%upside $18	Neutral Maintained	4 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about ASAN published over the past 30 days

Zacks Investment Research

Bet on 5 Top-Ranked Stocks With Rising P/E

CSW, ASAN, and others show rising P/E trends -- suggesting breakout potential backed by strong earnings surprises.

Bet on 5 Top-Ranked Stocks With Rising P/E

Asana's Q1 2026 Results Were Better Than They Looked

Despite disappointing Q1 guidance and a stock plunge, I maintain my buy rating as Asana's fundamentals remain intact and valuation is now more attractive. Asana's multi-year enterprise deals, including a $100M contract, demonstrate unique value and long-term revenue visibility, even as near-term growth lags competitors like Monday. Operational improvements, positive non-GAAP margins, and a new CEO with a strong SaaS track record position Asana for future profitability and strategic execution.

Asana's Q1 2026 Results Were Better Than They Looked

Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz

Asana's new CEO, Dan Rogers, comes from software startup LaunchDarkly, where he was CEO. Rogers was previously president of Rubrik and marketing chief at ServiceNow and Symantec.

Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz

Asana Names Dan Rogers as Chief Executive Officer

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform for human and AI coordination, announced today that Dan Rogers will assume the role of Chief Executive Officer, effective July 21, 2025. A proven executive with extensive experience leading high-growth technology companies, Rogers will succeed Dustin Moskovitz, Asana's Co-Founder and current CEO and Chair. As announced in March, Moskovitz will transition to the role of Chair, whe.

Asana Names Dan Rogers as Chief Executive Officer

Zacks Investment Research

Down 27.6% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround

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.

Down 27.6% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround

Which Software Stocks Is BofA Securities Bullish On?

The BofA Securities software research team hosted 18 public and 10 private companies at the BofA Global Technology Conference in San Francisco on June 3-5.

Which Software Stocks Is BofA Securities Bullish On?

The Motley Fool

Asana Achieves First Operating Profit

Asana (ASAN -1.59%) announced its Q1 FY2026 results on June 3, 2025, achieving its first non-GAAP operating profit and delivering revenue of $187.3 million. Revenue for the software developer focused on work management services was up 9% year over year, with non-GAAP operating margin improved by more than 1,300 basis points year over year.

Asana Achieves First Operating Profit

Asana Posts First Ever Positive Operating Margin, Signs Largest Heal In History

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

Asana Posts First Ever Positive Operating Margin, Signs Largest Heal In History

Schaeffers Research

Software Stock Plummets Despite Quarterly Beat

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.

Software Stock Plummets Despite Quarterly Beat

Proactive Investors

Asana shares drop on slowing revenue growth, retention headwind warning

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.

Asana shares drop on slowing revenue growth, retention headwind warning

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