Asana Inc (NYSE:ASAN) does about 3.60M shares in volume on a normal day but saw 4211865 shares change hands in the recent trading day. The company now has a market cap of 3.45B USD. Its current market price is $14.64, marking a decrease of -1.61% compared to the previous close of $14.88. The 52 week high reached by this stock is $27.77 whilst the lowest price level in 52 weeks is $11.05. The script in recent trading has seen the stock touch a high of $22 and a low of $12.
19 analysts observing the Asana Inc (ASAN) stock have set the 12-month price targets for the company’s shares at between $12 and $22. The consensus objective for the share price is $16.25, suggesting that the stock has a potential upside of 9.91% over the period. The median price target is -8.44% away from the current levels at $13.5.
FactSet Research has provided data showing that 19 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 13 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 04, 2025 when HSBC Securities downgraded the stock to “Reduce” and issued a price target of between $13 and $10. Morgan Stanley also downgraded the stock to “Underweight” from Equal-Weight on May 20, 2025 at a price target of $14.
The current price level is -15.75%, -9.98%, and -10.89% away from its SMA20, SMA50, and SMA200 respectively, with the ASAN price moving above the 50-day SMA on current market day. Asana Inc (ASAN) stock is down -20.35% over the week and -15.13% over the past month. Its price is -27.78% year-to-date and 10.57% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.05 and 0.23 for whole year. Expected sales for next quarter are $198.5M, which analysts say will come at $782.46M for the current fiscal year and next year at $865.12M. In addition, estimates put the company’s current quarterly revenue at an average of $193M.
Its 12-month price target is $13.5. To reach the target analysts have set, the stock logically needs to grow 9.91 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $12, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $22.
Outstanding shares total 155.66M with insiders holding 40.28% of the shares and institutional holders owning 45.70% of the company’s common stock. The company has a return on investment of -49.18% and return on equity of -83.36%. The forward price to earnings ratio is 43.47. The beta has a value of 1.22. Price to book ratio is 14.57 and price to sales ratio is 4.66.
