Asana, Inc. (ASAN)Technology | Software - Application | San Francisco, United States | NYSE
10.19 USD
+0.02
(0.197%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.20 +0.01 (0.098%) ⇧ (Aug. 28, 2026, 7:48 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:31 a.m. EDT
The investment case for Asana is currently paralyzed by a stark disconnect between its operational resilience and its market valuation. Fundamentally, the company is showing signs of life with a 9.5% revenue growth rate and robust gross margins near 88%, proving that the core business engine is intact. However, the market has punished the stock severely, dragging the price down 81% over the last four years and leaving it trading at a loss with negative operating margins. This creates a classic 'value trap' scenario where the balance sheet is healthy enough to survive, but the stock lacks the momentum to rally without a catalyst. The short-term outlook remains neutral to slightly cautious. While the stock recently bounced off its 50-day moving average, the statistical forecasting models offer no directional guidance, reflecting the high uncertainty surrounding the stock's path forward. The options market mirrors this confusion, with traders placing heavy bets on extreme outcomes—either a miraculous surge to $15 or a drop to $5—rather than a measured recovery. Without a clear trend in earnings acceleration or a resolution to the operating margin deficit, there is no compelling reason to overweight the position now. Investors should wait for confirmation that the revenue growth is translating into profitability before committing capital. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.088283 |
| AutoETS | 0.088288 |
| MSTL | 0.100415 |
| AutoTheta | 0.117288 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 0.75 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.448 |
| Excess Kurtosis | -0.16 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 181.221 |
| Revenue per Share | 3.403 |
| Market Cap | 2,418,732,032 |
| Forward P/E | 21.67 |
| Beta | 0.92 |
| Profit Margins | -20.21% |
| Website | https://asana.com |
As of Aug. 22, 2026, 3:31 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call volume is heavily skewed toward out-of-the-money strikes (OTM), suggesting bets on a sharp rally to $15+, while put volume remains significant at lower strikes ($5-$7.50), indicating a floor or downside protection strategy. The massive open interest at the $40 strike for 2027 calls is likely a speculative 'lottery ticket' bet on a massive multi-year turnaround rather than a realistic near-term expectation. Overall, the options chain reflects a polarized view: either a complete recovery or further distress, with little conviction in a steady grind higher.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.26795977 |
| Address1 | 633 Folsom Street |
| Address2 | Suite 100 |
| All Time High | 145.79 |
| All Time Low | 5.38 |
| Ask | 10.24 |
| Ask Size | 4,400 |
| Audit Risk | 1 |
| Average Analyst Rating | 2.7 - Hold |
| Average Daily Volume10 Day | 3,672,610 |
| Average Daily Volume3 Month | 5,404,741 |
| Average Volume | 5,404,741 |
| Average Volume10Days | 3,672,610 |
| Beta | 0.92 |
| Bid | 10.2 |
| Bid Size | 2,600 |
| Board Risk | 8 |
| Book Value | 0.586 |
| City | San Francisco |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.19 |
| Current Ratio | 1.148 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 10.51 |
| Day Low | 10.12 |
| Debt To Equity | 181.221 |
| Display Name | Asana |
| Earnings Call Timestamp End | 1,788,465,600 |
| Earnings Call Timestamp Start | 1,788,465,600 |
| Earnings Timestamp | 1,788,465,600 |
| Earnings Timestamp End | 1,788,465,600 |
| Earnings Timestamp Start | 1,788,465,600 |
| Ebitda | -121,904,000 |
| Ebitda Margins | -0.15075 |
| Enterprise To Ebitda | -17.821 |
| Enterprise To Revenue | 2.687 |
| Enterprise Value | 2,172,495,104 |
| Eps Current Year | 0.37288 |
| Eps Forward | 0.47029 |
| Eps Trailing Twelve Months | -0.69 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.115 |
| Fifty Day Average Change | 2.0749998 |
| Fifty Day Average Change Percent | 0.2556993 |
| Fifty Two Week Change Percent | -26.795977 |
| Fifty Two Week High | 15.71 |
| Fifty Two Week High Change | -5.5200005 |
| Fifty Two Week High Change Percent | -0.35136858 |
| Fifty Two Week Low | 5.38 |
| Fifty Two Week Low Change | 4.8099995 |
| Fifty Two Week Low Change Percent | 0.8940519 |
| Fifty Two Week Range | 5.38 - 15.71 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,601,472,600,000 |
| Float Shares | 92,102,506 |
| Forward Eps | 0.47029 |
| Forward P E | 21.66748 |
| Free Cashflow | 189,131,632 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,767 |
| Fullday Change | 0.0199995 |
| Fullday Change Percent | 0.196652 |
| Fullday Price | 10.2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.88505995 |
| Gross Profits | 715,688,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.44357 |
| Held Percent Institutions | 0.67669 |
| Implied Shares Outstanding | 237,363,316 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,020-09-30 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,769,817,600 |
| Long Business Summary | Asana, Inc., together with its subsidiaries, operates a work management software platform for individuals, team leads, and executives in the United States and internationally. The company provides work management products; Asana Work Graph, a proprietary data model that maps; AI Teammates, collaborative AI agents that work like real teammates to accelerate outcomes; Asana AI Studio, is a complementary product for designing AI workflows to automate routine, structured, and repeatable processes; and Asana Gov, a secure platform designed for government agencies and regulated industries to deliver mission-critical programs. The company also offers a platform that supports project and process management, goals and business reporting, resource management, and strategic planning and portfolio management. The company uses a hybrid go-to-market approach, combining a product-led model, direct sales, and channel partners to serve customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. |
| Long Name | Asana, Inc. |
| Market | us_market |
| Market Cap | 2,418,732,032 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_81838153 |
| Most Recent Quarter | 1,777,507,200 |
| Net Income To Common | -163,411,008 |
| Next Fiscal Year End | 1,801,353,600 |
| Non Diluted Market Cap | 2,344,284,939 |
| Number Of Analyst Opinions | 13 |
| Open | 10.12 |
| Operating Cashflow | 123,841,000 |
| Operating Margins | -0.074310005 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 415 525 3888 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.09813768 |
| Post Market Price | 10.2 |
| Post Market Time | 1,787,960,934 |
| Previous Close | 10.17 |
| Price Eps Current Year | 27.327826 |
| Price Hint | 2 |
| Price To Book | 17.389076 |
| Price To Sales Trailing12 Months | 2.9911332 |
| Profit Margins | -0.20208 |
| Quick Ratio | 1.039 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.66667 |
| Region | US |
| Regular Market Change | 0.0199995 |
| Regular Market Change Percent | 0.196652 |
| Regular Market Day High | 10.51 |
| Regular Market Day Low | 10.12 |
| Regular Market Day Range | 10.12 - 10.51 |
| Regular Market Open | 10.12 |
| Regular Market Previous Close | 10.17 |
| Regular Market Price | 10.19 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 3,979,227 |
| Return On Assets | -0.10148 |
| Return On Equity | -0.87553 |
| Revenue Growth | 0.095 |
| Revenue Per Share | 3.403 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 167,823,036 |
| Shares Percent Shares Out | 0.113800004 |
| Shares Short | 26,240,041 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 35,653,631 |
| Short Name | Asana, Inc. |
| Short Percent Of Float | 0.2856 |
| Short Ratio | 4.89 |
| Source Interval | 15 |
| State | CA |
| Symbol | ASAN |
| Target High Price | 15.0 |
| Target Low Price | 5.75 |
| Target Mean Price | 9.26923 |
| Target Median Price | 8.0 |
| Total Cash | 424,640,000 |
| Total Cash Per Share | 1.842 |
| Total Debt | 248,240,000 |
| Total Revenue | 808,633,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.69 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.8872 |
| Two Hundred Day Average Change | 1.3027992 |
| Two Hundred Day Average Change Percent | 0.14659277 |
| Type Disp | Equity |
| Volume | 3,979,227 |
| Website | https://asana.com |
| Zip | 94,107 |