ASAN - Asana Inc Stock Price, Fair Value and News

14.98USD+0.26 (+1.77%)Market Closed

Market Summary

USD14.98+0.26

Market Closed

1.77%

ASAN Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)
Losses in recent quarter

ASAN Stock Price

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ASAN RSI Chart

ASAN Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

-13.1

Price/Sales (Trailing)

5.16

EV/EBITDA

-12.55

Price/Free Cashflow

-131.23

ASAN Price/Sales (Trailing)

ASAN Profitability

EBT Margin

-38.82%

Return on Equity

-78.75%

Return on Assets

-26.72%

Free Cashflow Yield

-0.76%

ASAN Fundamentals

ASAN Revenue

Revenue (TTM)

652.5M

Rev. Growth (Yr)

13.91%

Rev. Growth (Qtr)

2.78%

ASAN Earnings

Earnings (TTM)

-257.0M

Earnings Growth (Yr)

34.34%

Earnings Growth (Qtr)

-1.05%

Breaking Down ASAN Revenue

Last 7 days

9.1%

Last 30 days

-2.9%

Last 90 days

-18.6%

Trailing 12 Months

-7.8%

How does ASAN drawdown profile look like?

ASAN Financial Health

Current Ratio

1.8

ASAN Investor Care

Shares Dilution (1Y)

4.87%

Diluted EPS (TTM)

-1.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	652.5M	0	0	0
2023	547.2M	579.0M	606.5M	631.6M
2022	378.4M	422.4M	467.8M	508.9M
2021	227.0M	256.0M	293.4M	334.9M
2020	142.6M	163.7M	184.8M	205.9M
2019	76.8M	0	0	109.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Asana Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	lacey eleanor b	sold	-69,027	15.47	-4,462	gc, corporate secretary
Mar 20, 2024	wan tim m	sold	-155,395	15.378	-10,105	chief financial officer
Mar 20, 2024	raimondi anne	sold	-181,137	15.378	-11,779	chief operating officer
Mar 20, 2024	lacey eleanor b	sold	-83,266	15.457	-5,387	gc, corporate secretary
Feb 01, 2024	cohler matt	acquired	-	-	484	-
Feb 01, 2024	anderson-copperman krista	acquired	-	-	746	-
Feb 01, 2024	d'angelo adam	acquired	-	-	430	-
Feb 01, 2024	norrington lorrie m	acquired	-	-	845	-
Feb 01, 2024	carey sydney	acquired	-	-	803	-
Dec 22, 2023	wan tim m	sold	-96,350	19.27	-5,000	chief financial officer

Which funds bought or sold ASAN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	-2,288	10,069	-%
Apr 23, 2024	CALIBER WEALTH MANAGEMENT, LLC	reduced	-1.04	55,697	2,083,420	1.22%
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.56	-176,000	44,000	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	-165	728	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-25.33	-671,405	1,043,220	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	29,510	801,386	0.01%
Apr 19, 2024	Cutler Group LLC / CA	reduced	-54.11	-88,000	53,000	0.02%
Apr 19, 2024	VALLEY NATIONAL ADVISERS INC	sold off	-100	-1,000	-	-%
Apr 19, 2024	Financial Perspectives, Inc	unchanged	-	-2,767	12,175	-%
Apr 19, 2024	Westside Investment Management, Inc.	unchanged	-	-1,810	7,695	-%

Are Funds Buying or Selling ASAN?

Are funds buying ASAN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ASAN

No. of Funds

Unveiling Asana Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	rosenstein justin	13.6%	21,305,283	SC 13G/A
Feb 13, 2024	champlain investment partners, llc	2.32%	3,177,680	SC 13G/A
Feb 13, 2024	vanguard group inc	6.45%	8,835,322	SC 13G/A
Feb 07, 2024	blackrock inc.	4.9%	6,676,728	SC 13G/A
Jan 29, 2024	blackrock inc.	5.6%	7,654,685	SC 13G
Nov 14, 2023	moskovitz dustin a.	59.3%	120,796,872	SC 13D/A
Jun 08, 2023	blackrock inc.	4.98%	6,542,731	SC 13G/A
Feb 14, 2023	rosenstein justin	14.5%	21,228,925	SC 13G/A
Feb 13, 2023	champlain investment partners, llc	5.28%	6,726,819	SC 13G
Feb 09, 2023	vanguard group inc	5.52%	7,020,864	SC 13G/A

Recent SEC filings of Asana Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	144	Notice of Insider Sale Intent
Apr 03, 2024	4	Insider Trading
Apr 01, 2024	144	Notice of Insider Sale Intent
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 14, 2024	10-K	Annual Report
Mar 14, 2024	S-8	Employee Benefits Plan
Mar 11, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Asana Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	267.9B	34.9B	-9.76%	44.85%	64.77	7.69	11.18%	1888.46%
UBER	144.0B	37.3B	-12.69%	134.30%	76.29	3.86	16.95%	120.64%
ADSK	46.0B	5.3B	-17.80%	13.03%	50.15	8.6	9.15%	48.14%
ANSS	28.6B	2.3B	-5.45%	5.08%	57.14	12.6	9.90%	-4.45%
ZM	18.5B	4.5B	-7.59%	-2.22%	29.09	4.1	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-4.68%	73.46%	2.8K	12.4	31.48%	103.97%
LYFT	6.3B	4.4B	-16.29%	64.06%	-18.5	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.14%	39.53%	40.9	3.73	4.64%	44.42%
AI	2.7B	296.4M	-19.15%	26.29%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	7.49%	5.34%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	195.9M	572.4M	-25.29%	-83.99%	-0.99	0.34	-19.38%	-489.49%
ASUR	183.8M	119.1M	-11.11%	-46.78%	-19.95	1.54	24.27%	36.31%
AEYE	168.8M	31.3M	32.60%	141.33%	-28.74	5.39	4.69%	43.72%

Asana Inc News

Latest updates

Asana Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1
Revenue	2.8%	171,135,000	166,503,000	162,455,000	152,411,000	150,231,000	141,439,000	134,896,000	120,646,000	111,949,000	100,337,000	89,478,000	76,673,000	68,369,000	58,905,000	52,024,000	47,706,000	42,892,500	38,079,000	-
Gross Profit	2.2%	153,743,000	150,450,000	146,223,000	137,564,000	135,026,000	126,279,000	121,140,000	108,208,000	100,416,000	90,756,000	79,609,000	68,759,000	60,176,000	51,584,000	45,003,000	41,500,000	-	32,751,000	-
Operating Expenses	3.7%	221,691,000	213,871,000	219,606,000	202,809,000	234,240,000	227,387,000	232,412,000	204,440,000	187,479,000	158,844,000	139,660,000	118,741,000	111,140,000	113,518,000	78,587,000	70,585,000	-	95,836,000	-
S&GA Expenses	5.7%	103,921,000	98,349,000	96,448,000	93,237,000	114,733,000	113,713,000	110,392,000	96,123,000	88,888,000	73,295,000	63,930,000	56,784,000	53,527,000	48,039,000	38,822,000	36,091,000	-	35,902,000	-
R&D Expenses	2.4%	82,973,000	81,028,000	84,371,000	76,316,000	81,262,000	75,509,000	75,233,000	65,205,000	60,915,000	53,788,000	48,454,000	39,967,000	39,801,000	32,996,000	25,959,000	22,383,000	-	39,712,000	-
EBITDA Margin	14.0%	-0.38	-0.44	-0.53	-0.63	-0.73	-0.78	-0.78	-0.74	-0.70	-0.68	-0.76	-0.76	-0.77	-0.57	-0.64	-0.72	-0.83	-0.46	-0.66
Interest Expenses	-0.7%	1,005,000	1,012,000	968,000	967,000	875,000	457,000	311,000	357,000	307,000	353,000	7,351,000	10,374,000	10,472,000	10,351,000	8,364,000	6,991,000	-	-	-
Income Taxes	-2.5%	780,000	800,000	1,228,000	922,000	2,104,500	600,000	1,222,000	933,000	1,910,500	400,000	625,000	300,000	614,000	615,000	200,000	123,000	-	61,000	-
Earnings Before Taxes	-1.1%	-61,639,000	-60,954,000	-70,186,000	-60,546,000	-92,937,000	-100,274,000	-111,747,000	-97,935,000	-88,140,000	-68,887,000	-67,730,000	-60,348,000	-60,878,000	-72,674,000	-40,903,000	-35,722,000	-	-62,742,000	-
EBT Margin	13.8%	-0.39	-0.45	-0.53	-0.63	-0.74	-0.78	-0.78	-0.76	-0.75	-0.77	-0.89	-0.92	-0.93	-0.57	-0.64	-0.72	-0.83	-0.46	-0.66
Net Income	-1.0%	-62,398,000	-61,750,000	-71,414,000	-61,468,000	-95,026,000	-100,905,000	-112,969,000	-98,868,000	-90,049,000	-69,280,000	-68,355,000	-60,658,000	-61,510,000	-73,289,000	-41,066,000	-35,845,000	-	-62,803,000	-
Net Income Margin	14.1%	-0.39	-0.46	-0.54	-0.64	-0.75	-0.79	-0.79	-0.77	-0.76	-0.78	-0.90	-0.92	-0.93	-0.58	-0.64	-0.72	-0.83	-0.46	-0.66
Free Cashflow	-66.9%	-15,837,000	-9,488,000	16,132,000	-16,459,000	-33,310,000	-47,635,000	-42,283,000	-42,181,000	-40,609,000	-39,246,000	-21,104,000	-24,413,000	-40,356,000	-57,187,000	-32,436,000	-20,235,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q1
Assets	1.5%	962	948	956	984	955	953	640	691	707	720	736	748	731	674	422
Current Assets	2.4%	660	644	651	671	660	656	352	397	411	419	435	450	446	472	381
Cash Equivalents	-11.8%	237	268	414	382	527	509	148	197	240	272	270	264	260	297	311
Net PPE	-1.7%	97.00	98.00	98.00	97.00	95.00	95.00	95.00	98.00	100	101	101	94.00	74.00	55.00	10.00
Liabilities	3.3%	636	616	622	636	598	558	548	535	503	472	456	795	744	646	316
Current Liabilities	7.1%	367	343	344	353	332	310	305	289	255	224	208	185	163	152	100
Shareholder's Equity	-1.7%	326	332	334	348	357	395	92.00	156	204	247	279	-	-12.79	28.00	-
Retained Earnings	-4.4%	-1,494	-1,432	-1,370	-1,299	-1,237	-1,142	-1,041	-928	-829	-739	-670	-602	-541	-479	-329
Additional Paid-In Capital	3.0%	1,821	1,768	1,706	1,647	1,595	1,540	1,135	1,086	1,034	987	950	554	529	508	185
Shares Outstanding	1.3%	225	222	219	216	214	205	190	190	176	185	171	162	106	89.00	70.00
Float	-	-	-	2,000	-	-	-	1,300	-	-	-	5,500	-	2,000	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1
Cashflow From Operations	-86.3%	-15,337	-8,233	20,232	-14,593	-31,099	-46,178	-41,648	-41,133	-39,325	-28,500	-8,516	-7,444	-18,165	-34,435	-22,116	-18,154	-	-	-
Share Based Compensation	-1.9%	51,849	52,866	56,205	41,498	53,128	47,991	47,934	39,909	42,267	25,848	20,381	16,031	15,926	8,941	5,376	3,982	-	-	-
Cashflow From Investing	86.5%	-18,930	-140,738	10,899	-140,366	30,596	51,977	-5,990	-12,091	5,313	19,161	9,538	-6,451	-41,666	-142,994	-1,134	26,857	-	-	-
Cashflow From Financing	-94.6%	359	6,669	18.00	9,731	14,934	355,323	417	10,717	3,236	10,582	5,471	17,921	22,274	24,251	153,577	903	-	-	-
Buy Backs	-	-	-	-	-	7.00	-	2.00	-	4.00	-	23.00	13.00	33.00	-	-66.00	66.00	7.00	59.00	-

ASAN Income Statement

2024-01-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2022
Income Statement [Abstract]
Revenues	$ 652,504	$ 547,212	$ 378,437
Cost of revenues	64,524	56,559	38,897
Gross profit	587,980	490,653	339,540
Operating expenses:
Research and development	324,688	297,209	203,124
Sales and marketing	391,955	434,961	282,897
General and administrative	141,334	166,309	118,703
Total operating expenses	857,977	898,479	604,724
Loss from operations	(269,997)	(407,826)	(265,184)
Interest income and other income (expense), net	20,624	6,933	(1,536)
Interest expense	(3,952)	(2,000)	(18,385)
Loss before provision for income taxes	(253,325)	(402,893)	(285,105)
Provision for income taxes	3,705	4,875	3,237
Net loss	$ (257,030)	$ (407,768)	$ (288,342)
Net loss per share:
Basic (in usd per share)	$ (1.17)	$ (2.04)	$ (1.63)
Diluted (in usd per share)	$ (1.17)	$ (2.04)	$ (1.63)
Weighted-average shares used in calculating net loss per share:
Basic (in shares)	220,406	200,034	176,401
Diluted (in shares)	220,406	200,034	176,401

ASAN Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2024	Jan. 31, 2023
Current assets
Cash and cash equivalents	$ 236,663	$ 526,563
Marketable securities	282,801	2,739
Accounts receivable, net	88,327	82,363
Prepaid expenses and other current assets	51,925	48,726
Total current assets	659,716	660,391
Property and equipment, net	96,543	94,984
Operating lease right-of-use assets	181,731	176,189
Other assets	23,970	23,399
Total assets	961,960	954,963
Current liabilities
Accounts payable	6,907	7,554
Accrued expenses and other current liabilities	75,821	83,488
Deferred revenue, current	265,306	226,443
Operating lease liabilities, current	19,179	14,831
Total current liabilities	367,213	332,316
Term loan, net	43,618	46,696
Deferred revenue, noncurrent	5,916	7,156
Operating lease liabilities, noncurrent	215,084	210,012
Other liabilities	3,733	2,209
Total liabilities	635,564	598,389
Commitments and contingencies (Note 8)
Stockholders' equity (deficit)
Common stock, $0.00001 par value; 1,500,000 shares authorized as of January 31, 2024 and January 31, 2023; 224,728 and 214,293 shares issued and outstanding as of January 31, 2024 and January 31, 2023, respectively	2	2
Additional paid-in capital	1,821,216	1,595,001
Accumulated other comprehensive loss	(236)	(873)
Accumulated deficit	(1,494,586)	(1,237,556)
Total stockholders’ equity	326,396	356,574
Total liabilities and stockholders’ equity	$ 961,960	$ 954,963

About Asana Inc

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. The company serves customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

CEO	Mr. Dustin A. Moskovitz
WEBSITE	https://asana.com
INDUSTRY	Software - Apps
EMPLOYEES	1782

Asana Inc Frequently Asked Questions

What is the ticker symbol for Asana Inc? What does ASAN stand for in stocks?

ASAN is the stock ticker symbol of Asana Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Asana Inc (ASAN)?

As of Wed Apr 24 2024, market cap of Asana Inc is 3.36 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASAN stock?

You can check ASAN's fair value in chart for subscribers.

What is the fair value of ASAN stock?

You can check ASAN's fair value in chart for subscribers. The fair value of Asana Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Asana Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASAN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Asana Inc a good stock to buy?

The fair value guage provides a quick view whether ASAN is over valued or under valued. Whether Asana Inc is cheap or expensive depends on the assumptions which impact Asana Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASAN.

What is Asana Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, ASAN's PE ratio (Price to Earnings) is -13.09 and Price to Sales (PS) ratio is 5.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASAN PE ratio will change depending on the future growth rate expectations of investors.