Asana (ASAN) Stock Forecast, Price Target & Predictions

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ASAN Stock Forecast

Asana stock forecast is as follows: an average price target of $25.05 (represents a 79.83% upside from ASAN’s last price of $13.93) 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 $25.05 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 79.83% upside from ASAN's last price of $13.93.

ASAN Analyst Ratings

Buy

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
Oct 23, 2024	Lucky Schreiner	D.A. Davidson	$13.00	$12.23	6.30%	-6.68%
Sep 04, 2024	Lucky Schreiner	D.A. Davidson	$11.00	$11.47	-4.14%	-21.03%
Sep 04, 2024	Jackson Ader	KeyBanc	$10.00	$12.39	-19.29%	-28.21%
Sep 04, 2024	Brent Bracelin	Piper Sandler	$12.00	$12.39	-3.15%	-13.85%
Sep 04, 2024	Ittai Kidron	Oppenheimer	$20.00	$12.39	61.36%	43.58%
Sep 04, 2024	Michael Funk	Bank of America Securities	$16.00	$13.29	20.39%	14.86%
Sep 04, 2024	Steven Enders	Citigroup	$13.00	$13.29	-2.18%	-6.68%
May 31, 2024	Bill Carcache	Wolfe Research	$43.00	$13.42	220.42%	208.69%
May 31, 2024	Ittai Kidron	Oppenheimer	$23.00	$13.13	75.17%	65.11%
May 31, 2024	Gil Luria	D.A. Davidson	$14.00	$13.13	6.63%	0.50%

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The latest Asana stock forecast, released on Oct 23, 2024 by Lucky Schreiner from D.A. Davidson, set a price target of $13.00, which represents a 6.30% increase from the stock price at the time of the forecast ($12.23), and a -6.68% decrease from ASAN last price ($13.93).

Asana Price Target by Period

	1M	3M	12M
# Anlaysts	1	7	17
Avg Price Target	$13.00	$13.57	$17.71
Last Closing Price	$13.93	$13.93	$13.93
Upside/Downside	-6.68%	-2.58%	27.14%

In the current month, the average price target of Asana stock is $13.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -6.68% decrease as opposed to Asana's last price of $13.93. This month's average price target is down -4.20% compared to last quarter, and down -26.60% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 23, 2024	RBC Capital	Underperform	Underperform	Hold
Oct 23, 2024	UBS	Market Outperform	Market Outperform	Hold
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

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Asana's last stock rating was published by RBC Capital on Oct 23, 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$171.13M	$166.50M	$162.46M	-	$150.23M	$141.44M	$134.90M	-	$111.95M	$100.34M	$89.48M	-	$68.37M	$58.91M
Avg Forecast	$231.89M	$223.76M	$220.25M	$211.09M	$209.57M	$201.95M	$197.52M	$190.16M	$187.80M	$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	$232.34M	$224.19M	$220.67M	$211.50M	$209.97M	$202.33M	$197.90M	$190.53M	$188.14M	$180.98M	$178.06M	$168.73M	$167.68M	$164.37M	$158.21M	$150.84M	$145.37M	$139.91M	$128.31M	$115.48M	$105.57M	$94.22M	$82.60M	$70.41M	$62.93M	$54.35M
Low Forecast	$231.14M	$223.04M	$219.54M	$210.41M	$208.89M	$201.29M	$196.88M	$189.55M	$187.38M	$180.39M	$177.81M	$168.73M	$167.68M	$163.79M	$157.40M	$150.06M	$144.62M	$138.90M	$127.39M	$114.65M	$104.81M	$93.54M	$82.01M	$69.90M	$62.47M	$53.96M
# Analysts	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.01%	1.03%	-	1.04%	1.01%	1.06%	-	1.06%	1.07%	1.09%	-	1.09%	1.09%

Asana's average Quarter revenue forecast for May 24 based on 5 analysts is $168.73M, with a low forecast of $168.73M, and a high forecast of $168.73M. 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-64.01M	$-63.42M	$-73.38M	-	$-88.90M	$-96.40M	$-108.07M	-	$-85.95M	$-65.41M	$-58.98M	-	$-49.43M	$-60.94M
Avg Forecast	$-150.30M	$-145.03M	$-142.75M	$-136.82M	$-135.83M	$-130.89M	$-128.02M	$-123.25M	$-121.72M	$-117.08M	$-115.32M	$-115.14M	$-108.68M	$-106.35M	$-102.35M	$-104.67M	$-80.25M	$-92.83M	$-85.13M	$-95.16M	$-70.04M	$-62.51M	$-54.81M	$-57.03M	$-63.71M	$-36.06M
High Forecast	$-149.81M	$-144.56M	$-142.29M	$-136.37M	$-135.39M	$-130.46M	$-127.60M	$-122.85M	$-121.44M	$-116.92M	$-115.24M	$-92.11M	$-108.68M	$-106.16M	$-102.02M	$-83.74M	$-64.20M	$-92.52M	$-84.85M	$-76.12M	$-69.81M	$-62.30M	$-54.62M	$-45.63M	$-50.97M	$-35.94M
Low Forecast	$-150.58M	$-145.30M	$-143.02M	$-137.08M	$-136.09M	$-131.14M	$-128.26M	$-123.49M	$-121.94M	$-117.30M	$-115.41M	$-138.17M	$-108.68M	$-106.53M	$-102.54M	$-125.61M	$-96.30M	$-93.19M	$-85.46M	$-114.19M	$-70.31M	$-62.75M	$-55.02M	$-68.44M	$-76.45M	$-36.20M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.59%	0.60%	0.72%	-	1.11%	1.04%	1.27%	-	1.23%	1.05%	1.08%	-	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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-62.40M	$-61.75M	$-71.41M	-	$-95.03M	$-100.91M	$-112.97M	-	$-90.05M	$-69.28M	$-68.36M	-	$-61.51M	$-73.29M
Avg Forecast	$11.79M	$4.45M	$3.11M	$2.77M	$4.02M	$-3.14M	$-2.55M	$-5.49M	$-3.52M	$-14.37M	$-18.09M	$-120.63M	$-22.21M	$-24.49M	$-26.39M	$-109.67M	$-85.00M	$-74.65M	$-88.62M	$-99.70M	$-64.14M	$-60.99M	$-60.30M	$-70.97M	$-76.62M	$-84.09M
High Forecast	$11.82M	$4.46M	$3.12M	$2.78M	$4.03M	$-3.13M	$-2.54M	$-5.47M	$-3.50M	$-13.30M	$-18.01M	$-96.51M	$-22.12M	$-22.26M	$-26.28M	$-87.73M	$-68.00M	$-74.33M	$-88.23M	$-79.76M	$-63.86M	$-60.73M	$-60.04M	$-56.78M	$-61.30M	$-83.73M
Low Forecast	$11.74M	$4.43M	$3.10M	$2.76M	$4.01M	$-3.15M	$-2.55M	$-5.50M	$-3.53M	$-15.45M	$-18.14M	$-144.76M	$-22.27M	$-28.94M	$-26.45M	$-131.60M	$-102.00M	$-75.03M	$-89.07M	$-119.64M	$-64.47M	$-61.30M	$-60.60M	$-85.17M	$-91.94M	$-84.52M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.81%	2.52%	2.71%	-	1.12%	1.35%	1.27%	-	1.40%	1.14%	1.13%	-	0.80%	0.87%

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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$138.72M	$132.84M	$135.24M	-	$152.98M	$151.88M	$157.18M	-	$126.56M	$105.06M	$91.21M	-	$71.34M	$80.52M
Avg Forecast	$239.36M	$230.97M	$227.34M	$217.89M	$216.32M	$208.45M	$203.88M	$196.29M	$193.85M	$186.46M	$183.67M	$174.17M	$173.08M	$169.38M	$163.00M	$155.40M	$128.90M	$143.49M	$131.60M	$118.44M	$108.27M	$96.63M	$84.72M	$72.21M	$64.54M	$55.74M
High Forecast	$239.82M	$231.41M	$227.78M	$218.31M	$216.74M	$208.85M	$204.27M	$196.67M	$194.20M	$186.81M	$183.80M	$174.17M	$173.08M	$169.66M	$163.31M	$155.70M	$154.67M	$144.05M	$132.11M	$118.90M	$108.69M	$97.00M	$85.05M	$72.49M	$64.79M	$55.96M
Low Forecast	$238.59M	$230.23M	$226.61M	$217.19M	$215.62M	$207.78M	$203.22M	$195.66M	$193.41M	$186.20M	$183.53M	$174.17M	$173.08M	$169.07M	$162.47M	$154.90M	$103.12M	$143.01M	$131.16M	$118.04M	$107.91M	$96.30M	$84.43M	$71.97M	$64.32M	$55.56M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.80%	0.78%	0.83%	-	1.19%	1.06%	1.19%	-	1.17%	1.09%	1.08%	-	1.11%	1.44%

Asana's average Quarter SG&A projection for May 24 is $174.17M, based on 5 Wall Street analysts, with a range of $174.17M to $174.17M. The forecast indicates a 25.56% 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	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.28	$-0.28	$-0.33	-	$-0.44	$-0.49	$-0.59	-	$-0.48	$-0.37	$-0.40	-	$-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	$-0.35	$-0.28	$-0.26	$-0.26	$-0.27	$-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	$-0.26	$-0.27	$-0.26	$-0.37
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.90%	2.63%	2.87%	-	1.61%	1.51%	1.53%	-	1.72%	1.39%	1.52%	-	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	$21.63	$64.63	198.80%	Hold
ASAN	Asana	$13.93	$25.05	79.83%	Buy
BILL	Bill.com	$87.86	$142.04	61.67%	Buy
SNOW	Snowflake	$129.12	$204.88	58.67%	Buy
ZM	Zoom Video Communications	$78.86	$111.94	41.95%	Hold
MNDY	monday	$260.15	$279.31	7.36%	Buy
DDOG	Datadog	$135.45	$145.31	7.28%	Buy
WDAY	Workday	$259.44	$271.36	4.59%	Buy
GTLB	GitLab	$62.15	$63.63	2.38%	Buy
TEAM	Atlassian	$245.45	$246.52	0.44%	Buy
TTD	Trade Desk	$123.90	$113.04	-8.77%	Buy
HUBS	HubSpot	$694.48	$599.36	-13.70%	Buy
CRM	Salesforce	$325.70	$275.26	-15.49%	Buy
NOW	ServiceNow	$1.02K	$831.13	-18.75%	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 $25.05 with a range of $10 to $88, implying a 79.83% from its last price of $13.93. 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 79.83% (from the last price of $13.93 to the average price target of $25.05), up by 531.73% based on the highest stock price target, and down by -28.21% based on the lowest stock price target.

Can Asana stock reach $20?

ASAN's average twelve months analyst stock price target of $25.05 supports the claim that Asana can reach $20 in the near future.

What is Asana's current price target trend?

1 Wall Street analyst forecast a $13 price target for Asana (ASAN) this month, down -6.68% from its last price of $13.93. Compared to the last 3 and 12 months, the average price target decreased by -2.58% and increased by 27.14%, 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 $799.2M (high $800.73M, low $796.62M), average EBITDA is $-518M (high $-516M, low $-519M), average net income is $-7.153M (high $-7.096M, low $-7.198M), average SG&A $824.95M (high $826.53M, low $822.29M), and average EPS is $-0.0311 (high $-0.0309, low $-0.0313). ASAN's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $886.99M (high $888.69M, low $884.13M), average EBITDA is $-575M (high $-573M, low $-576M), average net income is $22.11M (high $22.17M, low $22.02M), average SG&A $915.57M (high $917.33M, low $912.62M), and average EPS is $0.0962 (high $0.0965, low $0.0958).

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 $-422M by -38.27%. 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 $660.86M by -18.57%. 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 $-109M by -41.10%. 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 $173.08M by -19.85%. Lastly, the company's EPS was $-0.28, beating the average prediction of $-0.0967 by 189.64%