Asana
ASAN
Market cap $3.45B

13.19 USD

-0.64

4.63%

At close Jun 13, 4:00 PM EDT

After hours

13.21

+0.02

0.15%

1 day

-4.63%

5 days

-11.77%

1 month

-27.65%

3 months

2.17%

6 months

-45.38%

Year to date

-33.55%

1 year

6.63%

5 years

-54.20%

10 years

-54.20%

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 7,296 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

24%

downside

Avg. target

$16.55

25%

upside

High target

$22

67%

upside

10 analyst ratings

3 positive

30%

4 neutral

40%

3 negative

30%

Jefferies Brent Thill	29%upside $17	Hold Maintained	4 Jun 2025
Morgan Stanley Josh Baer	1%downside $13	Underweight Maintained	4 Jun 2025
JP Morgan Pinjalim Bora	6%upside $14	Underweight Maintained	4 Jun 2025
Scotiabank Allan Verkhovski	25%upside $16.50	Sector Perform Maintained	4 Jun 2025
UBS Taylor McGinnis	36%upside $18	Neutral Maintained	4 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 12 articles about ASAN published over the past 30 days

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

Asana: There Is Still A Lack Of Revenue Growth Momentum

I maintain a 'Hold' rating on Asana due to a lack of clear growth inflection, despite positive adjusted EBIT and early AI traction. Customer metrics remain weak: net retention rate is declining, net customer adds are soft, and overall revenue growth is slowing. AI Studio and enterprise wins show promise, but pricing pressure and cautious buyer sentiment cloud the growth outlook.

Asana: There Is Still A Lack Of Revenue Growth Momentum

CrowdStrike, Asana And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Wednesday.

CrowdStrike, Asana And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Asana, Inc. (ASAN) Q1 2026 Earnings Call Transcript

Asana, Inc. (NYSE:ASAN ) Q1 2026 Earnings Conference Call June 3, 2025 4:30 PM ET Company Participants Anne Raimondi - COO & Head of Business Dustin A. Moskovitz - Co-Founder, President, CEO & Chair Eva Leung - Head of Investor Relations Sonalee Elizabeth Parekh - CFO and Head of Finance Conference Call Participants Allan M.

Asana, Inc. (ASAN) Q1 2026 Earnings Call Transcript

Zacks Investment Research

Asana, Inc. (ASAN) Beats Q1 Earnings and Revenue Estimates

Asana, Inc. (ASAN) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.06 per share a year ago.

Asana, Inc. (ASAN) Beats Q1 Earnings and Revenue Estimates

Asana Announces First Quarter Fiscal 2026 Results

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for human + AI coordination, today reported financial results for its first quarter fiscal 2026 ended April 30, 2025. “Just months after launching AI Studio, we've already crossed $1 million in ARR and head into Q2 with a robust, rapidly growing global pipeline,” said Dustin Moskovitz, Co‑Founder and CEO of Asana. “With new offerings like the AI Studio Plus package, and Smart Workflow Galler.

Asana Announces First Quarter Fiscal 2026 Results

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