ASAN
Asana, Inc. · Technology · Software - Application
Last
$9.84
−$0.42 (−4.14%) 4:00 PM ET
After hours $9.83 −$0.01 (−0.05%) 3:59 AM ET
Prev close $10.26
Open $10.08
Day high $10.22
Day low $9.78
Volume 4,872,204
Avg vol 4,957,770
Mkt cap
$2.37B
EV/Sales
2.69
P/E ratio
-13.85
FY Revenue
$808.63M
EPS
-0.71
Gross Margin
88.51%
Div yield
0.00%
Sector
Technology
AI report sections
ASAN
Asana, Inc.
ASAN has recorded positive returns across the 1-month, 3-month, and 6-month periods, with price holding above its 21-day EMA and 50-day SMA. Momentum readings remain constructive, although RSI is elevated and the measured trend-strength reading is low, indicating less definitive directional confirmation. Fundamentally, positive free cash flow and no long-term debt contrast with continuing operating and net losses.
AI summarized at 3:45 PM ET, 2026-08-31
AI summary scores
INTRADAY: 66 SWING: 70 LONG: 44
Volume vs average
Intraday (cumulative)
+32% (Above avg)
Vol/Avg: 1.32×
RSI
66.45 (Strong)
Strong (60–70)
MACD momentum
Intraday
+0.00 (Strong)
MACD: 0.00 Signal: 0.00
Short-Term
+0.04 (Strong)
MACD: 0.52 Signal: 0.48
Long-Term
+0.08 (Strong)
MACD: 0.73 Signal: 0.65
Intraday trend score 54.04

Latest news

ASAN 12 articles Positive: 8 Neutral: 2 Negative: 2
Positive The Motley Fool • Geoffrey Seiler
Atlassian and Doximity Just Surged 30% After Earnings: 3 Software Stocks with the Same Setup

Atlassian and Doximity surged over 30% after earnings by exceeding low expectations with strong AI adoption. Three similar SaaS stocks—GitLab, UiPath, and Asana—have comparable setups with low expectations, high short interest, and emerging AI solutions that could drive significant post-earnings gains.

TEAM DOCS GTLB PATH SaaS stocks earnings AI adoption software platforms
Sentiment note

Beaten down stock pivoting to high-margin enterprise customers with AI Studio and AI Teammates solutions. Partnership with Anthropic's Claude AI validates Asana as critical workflow layer, positioning it for potential revenue acceleration.

Positive GlobeNewswire Inc. • Mediavalet
MediaValet Launches Native Integration with Asana, Bringing Enterprise Digital Asset Management Directly into Creative and Marketing Workflows

MediaValet announced a native integration with Asana that allows creative and marketing teams to search, attach, and upload digital assets directly within Asana tasks without switching tools. The bi-directional integration, built on MediaValet's Unify framework, automatically syncs files back to MediaValet with full metadata, eliminating manual asset handoffs and reducing version-control errors.

ASAN digital asset management DAM integration Asana creative workflows metadata automation asset management marketing operations
Sentiment note

Asana benefits from this integration as it extends the platform's capabilities and stickiness by enabling users to manage digital assets without leaving the tool. This deepens Asana's role in creative and marketing workflows, making it a more comprehensive work management solution and potentially increasing user engagement and retention.

Positive GlobeNewswire Inc. • Not Specified
Cause + Effect Strategy and StackAI Announce Strategic Partnership to Deliver AI-Powered Transformation and Measurable Results for Businesses

Cause + Effect Strategy (CES) and StackAI announced a strategic partnership to help mid-market and enterprise organizations implement AI solutions end-to-end. CES will provide data strategy and systems integration expertise, while StackAI's no-code AI platform will serve as the orchestration layer. The partnership aims to accelerate time-to-value for enterprise AI implementations and address common barriers like data readiness gaps and adoption challenges.

ASAN AI partnership enterprise transformation data strategy no-code AI platform agentic automation digital transformation
Sentiment note

As the parent company of StackAI (acquired in 2026), Asana benefits from StackAI's expanded market presence and partnership ecosystem. The strategic alliance enhances StackAI's competitive positioning and revenue potential within Asana's portfolio.

Positive Benzinga • Chris Katje
Asana Stock Trades Higher On Q1 Financials, StackAI Acquisition: What Investors Need To Know

Asana reported Q1 revenue of $205.1 million (up 9.5% YoY), beating estimates of $203.6 million, with EPS of 10 cents versus 7 cents expected. The company announced the acquisition of StackAI, a no-code AI workflow platform, to enhance its operating system for human-agent teams. Asana raised full-year revenue guidance to $855-$863.5 million and stock rose 3.3% in after-hours trading.

ASAN Q1 earnings revenue beat StackAI acquisition AI adoption guidance raise operating margins customer expansion
Sentiment note

Asana beat revenue and earnings estimates, reported record operating margins, demonstrated strong customer growth (7% YoY for Core customers, 12% YoY for $100k+ customers), and raised full-year guidance. The strategic StackAI acquisition strengthens AI capabilities and positions the company for long-term growth, driving a 3.3% stock price increase.

Negative The Motley Fool • Adam Spatacco
Could Anthropic's Claude CoWork Say "Checkmate" to Palantir's Artificial Intelligence Platform (AIP)?

Anthropic's Claude CoWork, a new agentic AI suite, threatens traditional SaaS platforms by automating complex workflows across multiple applications. However, Palantir's AIP remains insulated due to its specialized domain expertise, rigorous governance, and mission-critical applications in defense and enterprise operations that require deep customization and compliance—capabilities difficult for general-purpose AI agents to replicate.

PLTR TEAM WDAY ASAN agentic AI Claude CoWork Palantir AIP SaaS disruption
Sentiment note

Identified as a SaaS incumbent facing potential disruption from agentic AI that can handle project management, task tracking, and workflow coordination without dedicated platforms.

Negative Benzinga • Erica Kollmann
Eric Jackson Is Short Salesforce And Other Software Stocks: Inside 'AI Paradox' Market Hack

Hedge fund manager Eric Jackson is shorting major SaaS stocks including Salesforce, Asana, Five9, DocuSign, and Atlassian based on his 'AI Paradox' theory: companies that mention AI most frequently show 5.4% worse forward returns than peers. Jackson believes excessive AI talk is a red flag rather than bullish signal. He favors cybersecurity stocks (CrowdStrike, Zscaler, Palo Alto Networks) and infrastructure plays (NVIDIA, Palantir, Nebius) that show tangible AI benefits.

CRM ASAN FIVN DOCU AI Paradox SaaS stocks short selling artificial intelligence
Sentiment note

Jackson is shorting this stock as part of his bearish SaaS thesis based on AI Paradox theory

Positive Benzinga • Erica Kollmann
Asana Reports Q4 Results, Guidance In Line With Estimates — Stock Slips, Then Rebounds

Asana reported Q4 earnings of $0.08 per share, beating the $0.07 consensus estimate, with quarterly revenue of $205.57 million slightly exceeding the $205.13 million estimate. The company guided FY27 adjusted EPS of $0.36-$0.37 (in line with $0.36 estimate) and revenue of $850-$858 million (slightly below $856.96 million estimate). Core customers grew 8% YoY to 25,928, while high-value customers ($100k+) increased 13% YoY to 817. The stock initially declined in extended trading but rebounded to close up 1.37%.

ASAN Q4 earnings earnings beat guidance customer growth net retention rate multi-product platform Agentic Enterprise
Sentiment note

Asana beat both EPS and revenue estimates in Q4, demonstrated strong customer growth metrics (8% YoY growth in Core customers, 13% YoY growth in $100k+ customers), and provided FY27 guidance in line with analyst expectations. The stock rebounded after initial post-earnings decline, indicating investor confidence despite modest guidance miss on revenue range.

Positive The Motley Fool • Motley Fool Markets Team
Asana Q2 Revenue Up on AI Studio Surge

Asana reported Q2 fiscal 2026 results with 10% revenue growth, highlighting strong AI Studio adoption, international expansion, and margin improvements. The company raised full-year revenue guidance and demonstrated resilience in non-tech verticals.

ASAN SUTNY AI Studio earnings revenue growth international expansion margin improvement
Sentiment note

Strong AI Studio adoption, 13% international revenue growth, margin expansion to 7%, doubled AI Studio ARR quarter-over-quarter, and raised full-year revenue guidance indicate positive business performance and strategic progress

Neutral Benzinga • Vishaal Sanjay
This Tech CEO Is Buying His Company's Shares 'Hand Over Fist' As Analysts See 50% Upside From Current Levels

Asana's CEO Dustin Moskovitz is buying company shares aggressively, acquiring 450,000 shares worth $6.1 million, signaling confidence despite the stock being down 26.5% year-to-date. Analysts see potential 50% upside from current levels.

ASAN META insider trading stock acquisition tech stocks project management earnings
Sentiment note

Mixed signals: Stock price is low, but CEO is buying shares and company beat earnings estimates. Analyst sees potential 50% upside, but stock performance remains weak.

Positive The Motley Fool • The Motley Fool
Asana Achieves First Operating Profit

Asana reported its Q1 FY2026 results, achieving its first non-GAAP operating profit and delivering revenue growth. Key highlights include surpassing $1 million in annual recurring revenue (ARR) for AI Studio, a large contract renewal, and advancing AI-driven product innovation.

ASAN Asana AI Studio non-GAAP profitability revenue growth contract renewal
Sentiment note

Asana reported strong financial results, including its first non-GAAP operating profit, revenue growth, and milestones such as surpassing $1 million ARR for AI Studio and a large contract renewal, indicating the company's operational and strategic progress.

Neutral Investing.com • Marketbeat.Com
3 Tech Stocks Insiders Are Buying: Speculative Plays for June

The article discusses three tech stocks that have seen significant insider buying, indicating potential buying opportunities. The stocks are Science Applications International, ON24, and Asana.

SAIC ONTF ASAN tech stocks insider buying speculative plays
Sentiment note

The CEO has been buying shares in bulk, but the stock faces headwinds from short-sellers and analysts who are revising their price targets downward.

Positive GlobeNewswire Inc. • Researchandmarkets.Com
Virtual Multi-Channel Storytelling for Internal Communications Conference: Repurpose Content, Leverage Emerging Platforms, and Amplify your Internal Comms (ONLINE EVENT: May 6-7, 2025)

The 'Multi-Channel Storytelling for Internal Communications' conference will explore strategies for creating engaging, multi-platform content to enhance internal communications and strengthen organizational culture.

ASAN NTNX DPZ internal communications storytelling multi-channel podcasts video
Sentiment note

The company's representative is participating in a panel discussion, showcasing their experience in innovative internal communications channels.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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