Asana (ASAN) Stock Forecast, Price Target & Predictions
ASAN Stock Forecast
Asana stock forecast is as follows: an average price target of $24.93 (represents a 105.69% upside from ASAN’s last price of $12.12) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
ASAN Price Target
The average price target for Asana (ASAN) is $24.93 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $88.00 to $10.00. This represents a potential 105.69% upside from ASAN's last price of $12.12.
ASAN Analyst Ratings
According to 20 Wall Street analysts, Asana's rating consensus is 'Buy'. The analyst rating breakdown for ASAN stock is 0 'Strong Buy' (0.00%), 13 'Buy' (65.00%), 6 'Hold' (30.00%), 1 'Sell' (5.00%), and 0 'Strong Sell' (0.00%).
Asana Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Lucky Schreiner | D.A. Davidson | $11.00 | $11.47 | -4.14% | -9.24% |
| Sep 04, 2024 | Jackson Ader | KeyBanc | $10.00 | $12.39 | -19.29% | -17.49% |
| Sep 04, 2024 | Brent Bracelin | Piper Sandler | $12.00 | $12.39 | -3.15% | -0.99% |
| Sep 04, 2024 | Ittai Kidron | Oppenheimer | $20.00 | $12.39 | 61.36% | 65.02% |
| Sep 04, 2024 | Michael Funk | Bank of America Securities | $16.00 | $13.29 | 20.39% | 32.01% |
| Sep 04, 2024 | Steven Enders | Citigroup | $13.00 | $13.29 | -2.18% | 7.26% |
| May 31, 2024 | Bill Carcache | Wolfe Research | $43.00 | $13.42 | 220.42% | 254.79% |
| May 31, 2024 | Ittai Kidron | Oppenheimer | $23.00 | $13.13 | 75.17% | 89.77% |
| May 31, 2024 | Gil Luria | D.A. Davidson | $14.00 | $13.13 | 6.63% | 15.51% |
| May 31, 2024 | Jackson Ader | KeyBanc | $13.00 | $13.40 | -3.02% | 7.26% |
The latest Asana stock forecast, released on Sep 04, 2024 by Lucky Schreiner from D.A. Davidson, set a price target of $11.00, which represents a -4.14% decrease from the stock price at the time of the forecast ($11.47), and a -9.24% decrease from ASAN last price ($12.12).
Asana Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 6 | 6 | 16 |
| Avg Price Target | $13.67 | $13.67 | $18.00 |
| Last Closing Price | $12.12 | $12.12 | $12.12 |
| Upside/Downside | 12.79% | 12.79% | 48.51% |
In the current month, the average price target of Asana stock is $13.67, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 12.79% increase as opposed to Asana's last price of $12.12. This month's average price target is down 0.00% compared to last quarter, and down -24.06% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 04, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Sep 04, 2024 | KeyBanc | Underweight | Underweight | Hold |
| Sep 04, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 04, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 04, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Sep 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 20, 2024 | UBS | Market Outperform | Market Outperform | Hold |
| Aug 20, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Jun 26, 2024 | UBS | Market Outperform | Market Outperform | Hold |
Asana's last stock rating was published by RBC Capital on Sep 04, 2024. The company gave ASAN a "Underperform" rating, the same as its previous rate.
Asana Financial Forecast
Asana Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $171.13M | $166.50M | $162.46M | - | $150.23M | $141.44M | $134.90M | $120.65M | $111.95M | $100.34M | $89.48M | $76.67M | $68.37M | $58.91M |
| Avg Forecast | $231.89M | $223.76M | $220.25M | $211.09M | $209.71M | $202.36M | $197.99M | $190.25M | $187.87M | $180.64M | $177.93M | $168.73M | $167.68M | $164.09M | $157.91M | $150.55M | $145.09M | $139.37M | $127.82M | $115.04M | $105.16M | $93.85M | $82.29M | $70.14M | $62.68M | $54.14M |
| High Forecast | $232.66M | $224.50M | $220.97M | $211.79M | $210.40M | $203.03M | $198.64M | $190.88M | $189.28M | $180.91M | $178.52M | $169.29M | $168.23M | $164.37M | $158.43M | $151.04M | $145.57M | $139.83M | $128.55M | $116.23M | $106.12M | $94.71M | $83.04M | $70.78M | $63.26M | $54.64M |
| Low Forecast | $231.24M | $223.13M | $219.63M | $210.50M | $209.12M | $201.79M | $197.43M | $189.72M | $187.00M | $180.42M | $177.43M | $168.26M | $167.21M | $163.79M | $157.47M | $150.12M | $144.68M | $138.98M | $127.35M | $112.13M | $103.22M | $92.12M | $80.76M | $68.84M | $61.52M | $53.14M |
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 4 | 9 | 8 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 1.03% | - | 1.04% | 1.01% | 1.06% | 1.05% | 1.06% | 1.07% | 1.09% | 1.09% | 1.09% | 1.09% |
Asana's average Quarter revenue forecast for May 24 based on 6 analysts is $168.73M, with a low forecast of $168.26M, and a high forecast of $169.29M. ASAN's average Quarter revenue forecast represents a -1.40% decrease compared to the company's last Quarter revenue of $171.13M (Jan 24).
Asana EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 4 | 9 | 8 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-64.01M | $-63.42M | $-73.38M | - | $-88.90M | $-96.40M | $-108.07M | $-93.13M | $-85.95M | $-65.41M | $-58.98M | $-49.00M | $-49.43M | $-60.94M |
| Avg Forecast | $-154.45M | $-149.04M | $-146.70M | $-140.60M | $-139.68M | $-134.78M | $-131.87M | $-126.72M | $-125.13M | $-120.32M | $-118.51M | $-115.14M | $-111.68M | $-109.29M | $-105.18M | $-104.67M | $-96.64M | $-76.63M | $-85.13M | $-76.62M | $-72.95M | $-60.57M | $-59.89M | $-57.03M | $-63.71M | $-36.06M |
| High Forecast | $-154.02M | $-148.62M | $-146.28M | $-140.20M | $-139.28M | $-134.40M | $-131.50M | $-126.36M | $-124.55M | $-120.17M | $-118.18M | $-92.11M | $-111.37M | $-109.09M | $-104.88M | $-83.74M | $-96.37M | $-61.30M | $-84.82M | $-74.68M | $-58.36M | $-48.46M | $-47.91M | $-45.63M | $-50.97M | $-35.39M |
| Low Forecast | $-154.96M | $-149.53M | $-147.18M | $-141.06M | $-140.14M | $-135.23M | $-132.31M | $-127.14M | $-126.07M | $-120.50M | $-118.90M | $-138.17M | $-112.05M | $-109.48M | $-105.52M | $-125.61M | $-96.96M | $-91.95M | $-85.62M | $-77.41M | $-87.54M | $-72.69M | $-71.87M | $-68.44M | $-76.45M | $-36.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.58% | 0.70% | - | 0.92% | 1.26% | 1.27% | 1.22% | 1.18% | 1.08% | 0.98% | 0.86% | 0.78% | 1.69% |
undefined analysts predict ASAN's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Asana's previous annual EBITDA (undefined) of $NaN.
Asana Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 4 | 9 | 8 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-62.40M | $-61.75M | $-71.41M | - | $-95.03M | $-100.91M | $-112.97M | $-98.87M | $-90.05M | $-69.28M | $-68.36M | $-60.66M | $-61.51M | $-73.29M |
| Avg Forecast | $11.79M | $4.45M | $3.11M | $2.77M | $4.02M | $-3.14M | $-2.55M | $-5.49M | $-3.48M | $-14.36M | $-18.09M | $-120.63M | $-22.21M | $-24.49M | $-26.39M | $-109.67M | $-62.67M | $-88.81M | $-87.58M | $-79.82M | $-77.27M | $-70.20M | $-74.14M | $-70.97M | $-76.62M | $-82.09M |
| High Forecast | $11.84M | $4.47M | $3.12M | $2.78M | $4.04M | $-3.13M | $-2.54M | $-5.47M | $-3.47M | $-13.28M | $-18.02M | $-96.51M | $-22.13M | $-22.26M | $-26.29M | $-87.73M | $-62.44M | $-71.04M | $-87.17M | $-77.20M | $-61.82M | $-56.16M | $-59.31M | $-56.78M | $-61.30M | $-80.12M |
| Low Forecast | $11.74M | $4.43M | $3.10M | $2.76M | $4.01M | $-3.15M | $-2.56M | $-5.51M | $-3.50M | $-15.44M | $-18.17M | $-144.76M | $-22.31M | $-28.94M | $-26.50M | $-131.60M | $-62.94M | $-106.57M | $-88.23M | $-80.90M | $-92.73M | $-84.24M | $-88.97M | $-85.17M | $-91.94M | $-83.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.81% | 2.52% | 2.71% | - | 1.52% | 1.14% | 1.29% | 1.24% | 1.17% | 0.99% | 0.92% | 0.85% | 0.80% | 0.89% |
Asana's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ASAN's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Asana SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 4 | 9 | 8 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $138.72M | $132.84M | $135.24M | - | $152.98M | $151.88M | $157.18M | $139.24M | $126.56M | $105.06M | $91.21M | $78.77M | $71.34M | $80.52M |
| Avg Forecast | $238.75M | $230.38M | $226.76M | $217.33M | $215.91M | $208.35M | $203.84M | $195.88M | $193.42M | $185.98M | $183.19M | $173.72M | $172.64M | $168.94M | $162.58M | $155.00M | $149.38M | $118.49M | $131.60M | $118.44M | $108.27M | $93.67M | $84.72M | $72.21M | $64.54M | $55.74M |
| High Forecast | $239.53M | $231.13M | $227.50M | $218.05M | $216.62M | $209.03M | $204.52M | $196.52M | $194.88M | $186.26M | $183.80M | $174.29M | $173.21M | $169.23M | $163.12M | $155.51M | $149.87M | $142.19M | $132.35M | $119.66M | $109.26M | $112.41M | $85.49M | $72.87M | $65.13M | $56.25M |
| Low Forecast | $238.07M | $229.73M | $226.12M | $216.72M | $215.30M | $207.76M | $203.27M | $195.32M | $192.52M | $185.76M | $182.68M | $173.23M | $172.15M | $168.63M | $162.12M | $154.56M | $148.96M | $94.80M | $131.12M | $115.44M | $106.27M | $74.94M | $83.15M | $70.87M | $63.34M | $54.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.79% | 0.83% | - | 1.02% | 1.28% | 1.19% | 1.18% | 1.17% | 1.12% | 1.08% | 1.09% | 1.11% | 1.44% |
Asana's average Quarter SG&A projection for May 24 is $173.72M, based on 6 Wall Street analysts, with a range of $173.23M to $174.29M. The forecast indicates a 25.23% rise compared to ASAN last annual SG&A of $138.72M (Jan 24).
Asana EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 4 | 9 | 8 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.28 | $-0.28 | $-0.33 | - | $-0.44 | $-0.49 | $-0.59 | $-0.52 | $-0.48 | $-0.37 | $-0.40 | $-0.37 | $-0.39 | $-0.65 |
| Avg Forecast | $0.05 | $0.02 | $0.01 | $0.01 | $0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.06 | $-0.08 | $-0.08 | $-0.10 | $-0.11 | $-0.11 | $-0.18 | $-0.27 | $-0.32 | $-0.39 | $-0.36 | $-0.28 | $-0.27 | $-0.26 | $-0.27 | $-0.26 | $-0.37 |
| High Forecast | $0.05 | $0.02 | $0.01 | $0.01 | $0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.06 | $-0.08 | $-0.08 | $-0.10 | $-0.10 | $-0.11 | $-0.18 | $-0.27 | $-0.32 | $-0.38 | $-0.34 | $-0.27 | $-0.26 | $-0.26 | $-0.26 | $-0.26 | $-0.36 |
| Low Forecast | $0.05 | $0.02 | $0.01 | $0.01 | $0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.07 | $-0.08 | $-0.08 | $-0.10 | $-0.13 | $-0.12 | $-0.18 | $-0.27 | $-0.33 | $-0.39 | $-0.36 | $-0.28 | $-0.27 | $-0.27 | $-0.27 | $-0.27 | $-0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.90% | 2.63% | 2.87% | - | 1.61% | 1.51% | 1.53% | 1.46% | 1.72% | 1.39% | 1.52% | 1.38% | 1.49% | 1.78% |
According to undefined Wall Street analysts, Asana's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ASAN previous annual EPS of $NaN (undefined).
Asana Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| U | Unity Software | $19.91 | $64.97 | 226.32% | Hold |
| BILL | Bill.com | $51.91 | $149.26 | 187.54% | Buy |
| ASAN | Asana | $12.12 | $24.93 | 105.69% | Buy |
| SNOW | Snowflake | $113.67 | $206.83 | 81.96% | Buy |
| ZM | Zoom Video Communications | $67.59 | $111.77 | 65.36% | Hold |
| TEAM | Atlassian | $163.74 | $237.67 | 45.15% | Buy |
| DDOG | Datadog | $109.26 | $138.49 | 26.75% | Buy |
| HUBS | HubSpot | $491.17 | $595.44 | 21.23% | Buy |
| GTLB | GitLab | $54.49 | $63.20 | 15.98% | Buy |
| WDAY | Workday | $250.05 | $264.91 | 5.94% | Buy |
| MNDY | monday | $255.73 | $269.92 | 5.55% | Buy |
| TTD | Trade Desk | $106.06 | $107.41 | 1.27% | Buy |
| CRM | Salesforce | $254.57 | $257.76 | 1.25% | Buy |
| NOW | ServiceNow | $878.95 | $728.75 | -17.09% | Buy |
ASAN Forecast FAQ
Is Asana a good buy?
Yes, according to 20 Wall Street analysts, Asana (ASAN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 65.00% of ASAN's total ratings.
What is ASAN's price target?
Asana (ASAN) average price target is $24.93 with a range of $10 to $88, implying a 105.69% from its last price of $12.12. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Asana stock go up soon?
According to Wall Street analysts' prediction for ASAN stock, the company can go up by 105.69% (from the last price of $12.12 to the average price target of $24.93), up by 626.07% based on the highest stock price target, and down by -17.49% based on the lowest stock price target.
Can Asana stock reach $20?
ASAN's average twelve months analyst stock price target of $24.93 supports the claim that Asana can reach $20 in the near future.
What is Asana's current price target trend?
6 Wall Street analysts forecast a $13.67 price target for Asana (ASAN) this month, up 12.79% from its last price of $12.12. Compared to the last 3 and 12 months, the average price target increased by 12.79% and increased by 48.51%, respectively.
What are Asana's analysts' financial forecasts?
Asana's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $800.32M (high $802.96M, low $798.06M), average EBITDA is $-533M (high $-532M, low $-535M), average net income is $-7.153M (high $-7.095M, low $-7.216M), average SG&A $823.98M (high $826.69M, low $821.65M), and average EPS is $-0.0311 (high $-0.0309, low $-0.0314). ASAN's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $886.99M (high $889.92M, low $884.49M), average EBITDA is $-591M (high $-589M, low $-593M), average net income is $22.11M (high $22.21M, low $22.03M), average SG&A $913.21M (high $916.22M, low $910.64M), and average EPS is $0.0962 (high $0.0966, low $0.0959).
Did the ASAN's actual financial results beat the analysts' financial forecasts?
Based on Asana's last annual report (Jan 2024), the company's revenue was $652.5M, beating the average analysts forecast of $640.23M by 1.92%. Apple's EBITDA was $-261M, missing the average prediction of $-431M by -39.53%. The company's net income was $-257M, beating the average estimation of $-183M by 40.64%. Apple's SG&A was $538.15M, missing the average forecast of $659.15M by -18.36%. Lastly, the company's EPS was $-1.17, beating the average prediction of $-0.496 by 135.96%. In terms of the last quarterly report (Jan 2024), Asana's revenue was $171.14M, beating the average analysts' forecast of $167.68M by 2.06%. The company's EBITDA was $-64.011M, missing the average prediction of $-112M by -42.69%. Asana's net income was $-62.398M, beating the average estimation of $-22.212M by 180.93%. The company's SG&A was $138.72M, missing the average forecast of $172.64M by -19.65%. Lastly, the company's EPS was $-0.28, beating the average prediction of $-0.0967 by 189.64%