Analysts Update Their Price Forecasts For Asana Inc (ASAN)

Asana Inc (ASAN) concluded trading on Thursday at a closing price of $18.07, with 3.31 million shares of worth about $59.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.54% during that period and on May 15, 2025 the price saw a loss of about -0.17%. Currently the company’s common shares owned by public are about 147.48M shares, out of which, 89.84M shares are available for trading.

Stock saw a price change of 4.75% in past 5 days and over the past one month there was a price change of 15.17%. Year-to-date (YTD), ASAN shares are showing a performance of -10.85% which increased to 16.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.05 but also hit the highest price of $27.77 during that period. The average intraday trading volume for Asana Inc shares is 3.05 million. The stock is currently trading 10.39% above its 20-day simple moving average (SMA20), while that difference is up 16.61% for SMA50 and it goes to 12.18% higher than SMA200.

Asana Inc (NYSE: ASAN) currently have 147.48M outstanding shares and institutions hold larger chunk of about 32.64% of that.

The stock has a current market capitalization of $4.25B and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$1.11 in the same period. It has Quick Ratio of 1.39 while making debt-to-equity ratio of 1.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASAN, volatility over the week remained 2.93% while standing at 3.87% over the month.

Stock’s fiscal year EPS is expected to rise by 247.51% while it is estimated to increase by 77.46% in next year.

Coverage by Scotiabank stated Asana Inc (ASAN) stock as a Sector perform in their note to investors on November 19, 2024, suggesting a price target of $15 for the stock. On June 03, 2024, HSBC Securities Upgrade their recommendations, while on May 31, 2024, Piper Sandler Upgrade their ratings for the stock with a price target of $16. Stock get an Underweight rating from KeyBanc Capital Markets on March 21, 2024.

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