Asana - ASAN Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Reduce
Consensus Price Target: $20.67
Forecasted Upside: 38.05%
Number of Analysts: 11
Breakdown:
4 Sell Ratings
4 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$14.97 As of 04/24/2024 01:00 AM ET

▲ +0.25 (1.70%)

1 month | 3 months | 12 months

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Analyst Price Target for ASAN

^$20.67

▲ +38.05% Upside Potential

This price target is based on 11 analysts offering 12 month price targets for Asana in the last 3 months. The average price target is $20.67, with a high forecast of $30.00 and a low forecast of $10.00. The average price target represents a 38.05% upside from the last price of $14.97.

Current Consensus is Reduce

The current consensus among 11 contributing investment analysts is to reduce stock in Asana. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

11/1/2022

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

1/30/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

4/30/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

7/29/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

10/27/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

1/25/2024

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

3/25/2024

0 strong buy ratings
3 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

4/24/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/21/2024	KeyCorp	Initiated Coverage	Sector Weight ➝ Underweight	$14.00	Low
2/26/2024	Bank of America	Initiated Coverage	Buy	$25.00	Low
1/2/2024	Piper Sandler	Boost Target	Underweight ➝ Underweight	$16.00 ➝ $18.00	Low
12/6/2023	DA Davidson	Reiterated Rating	Neutral		Low
12/6/2023	Oppenheimer	Reiterated Rating	Outperform ➝ Outperform	$28.00	Low
12/6/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$23.00 ➝ $21.00	Low
12/6/2023	Piper Sandler	Reiterated Rating	Underweight ➝ Underweight	$16.00	Low
12/6/2023	HSBC	Downgrade	Hold ➝ Reduce	$18.00	Low
10/23/2023	Piper Sandler	Downgrade	Neutral ➝ Underweight	$24.00 ➝ $16.00	Low
10/12/2023	UBS Group	Initiated Coverage	Neutral	$20.00	Low
10/4/2023	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$23.00	Low
10/4/2023	Citigroup	Lower Target	Neutral ➝ Neutral	$24.00 ➝ $20.00	Low
10/4/2023	Royal Bank of Canada	Reiterated Rating	Underperform ➝ Underperform	$10.00	Low
10/4/2023	Piper Sandler	Reiterated Rating	Neutral ➝ Neutral	$24.00	Low
10/3/2023	FBN Securities	Lower Target		$28.00 ➝ $23.00	Low
9/29/2023	HSBC	Initiated Coverage	Hold	$18.00	Low
9/7/2023	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$26.00 ➝ $24.00	Low
9/6/2023	Piper Sandler	Reiterated Rating	Neutral ➝ Neutral	$24.00	Low
9/6/2023	Oppenheimer	Reiterated Rating	Outperform ➝ Outperform	$28.00	Low
9/6/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$24.00 ➝ $23.00	Low
9/6/2023	Royal Bank of Canada	Reiterated Rating	Underperform ➝ Underperform	$10.00	Low
9/6/2023	JMP Securities	Reiterated Rating	Market Outperform ➝ Market Outperform	$30.00	Low
8/23/2023	JMP Securities	Reiterated Rating	Market Outperform ➝ Market Outperform	$30.00	Low
6/21/2023	Citigroup	Boost Target		$24.00 ➝ $26.00	Low
6/2/2023	Oppenheimer	Boost Target		$25.00 ➝ $28.00	Low
6/2/2023	JMP Securities	Boost Target		$28.00 ➝ $30.00	Low
6/2/2023	DA Davidson	Downgrade	Buy ➝ Neutral	$21.00	Low
4/6/2023	JMP Securities	Reiterated Rating	Market Outperform	$28.00	N/A
3/13/2023	Credit Suisse Group	Reiterated Rating	Neutral	$18.00	Low
3/10/2023	Morgan Stanley	Boost Target	Equal Weight	$19.00 ➝ $22.00	Low
3/9/2023	Oppenheimer	Boost Target	Outperform	$25.00 ➝ $28.00	Low
3/9/2023	Royal Bank of Canada	Reiterated Rating	Underperform	$10.00	Low
3/9/2023	DA Davidson	Boost Target	Buy	$18.00 ➝ $21.00	Low
3/9/2023	Jefferies Financial Group	Boost Target		$15.00 ➝ $23.00	Low
3/9/2023	Robert W. Baird	Boost Target	Neutral	$15.00 ➝ $20.00	Low
3/9/2023	JMP Securities	Boost Target	Outperform	$21.00 ➝ $28.00	Low
3/9/2023	Piper Sandler	Boost Target	Neutral	$13.00 ➝ $24.00	Low
3/9/2023	Piper Sandler Companies	Boost Target	Neutral	$13.00 ➝ $24.00	Low
3/3/2023	DA Davidson	Upgrade	Neutral ➝ Buy	$18.00	Low
1/9/2023	JMP Securities	Lower Target	Market Outperform	$28.00 ➝ $21.00	Low
1/9/2023	Piper Sandler	Lower Target	Neutral	$16.00 ➝ $13.00	Low
1/6/2023	Jefferies Financial Group	Lower Target	Hold	$18.00 ➝ $15.00	Low
12/2/2022	Oppenheimer	Lower Target		$25.00	Low
12/2/2022	Credit Suisse Group	Lower Target		$18.00	Low
12/2/2022	DA Davidson	Lower Target		$20.00 ➝ $18.00	Low
12/2/2022	Royal Bank of Canada	Lower Target		$15.00 ➝ $12.00	Low
12/2/2022	Morgan Stanley	Lower Target	Equal Weight	$26.00 ➝ $19.00	Low
12/2/2022	JMP Securities	Lower Target	Market Outperform	$43.00 ➝ $28.00	Low
12/2/2022	Citigroup	Lower Target		$21.00 ➝ $19.00	Low
12/2/2022	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$32.00 ➝ $15.00	Low
12/2/2022	Piper Sandler	Downgrade	Overweight ➝ Neutral	$24.00 ➝ $16.00	Low
11/28/2022	JPMorgan Chase & Co.	Lower Target	Underweight	$22.00 ➝ $19.00	Low
11/22/2022	Morgan Stanley	Lower Target	Equal Weight	$28.00 ➝ $26.00	Low
10/20/2022	Piper Sandler	Lower Target	Overweight	$28.00 ➝ $24.00	Low
10/13/2022	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low
10/3/2022	Morgan Stanley	Lower Target	Equal Weight	$35.00 ➝ $28.00	Low
9/23/2022	Credit Suisse Group	Initiated Coverage	Neutral	$23.00	Low
9/22/2022	Moffett Nathanson	Initiated Coverage	Market Perform	$26.00	Low
9/8/2022	Wolfe Research	Boost Target	Outperform	$22.00 ➝ $23.75	Low
9/8/2022	Piper Sandler	Boost Target	Overweight	$22.00 ➝ $28.00	Low
9/8/2022	Citigroup	Boost Target	Neutral	$23.00 ➝ $24.00	Low
9/8/2022	Royal Bank of Canada	Boost Target	Underperform	$13.00 ➝ $15.00	Low
9/1/2022	Citigroup	Initiated Coverage	Neutral	$23.00	Low
7/27/2022	Oppenheimer	Lower Target	Outperform	$30.00	Low
7/19/2022	Royal Bank of Canada	Downgrade	Sector Perform ➝ Underperform	$21.00 ➝ $13.00	Low
7/18/2022	Piper Sandler	Lower Target	Overweight	$35.00 ➝ $28.00	Low
6/3/2022	Morgan Stanley	Lower Target	Equal Weight	$38.00 ➝ $35.00	High
6/3/2022	Oppenheimer	Lower Target	Outperform	$60.00 ➝ $40.00	High
6/3/2022	JMP Securities	Lower Target	Market Outperform	$63.00 ➝ $43.00	High
6/3/2022	Robert W. Baird	Lower Target	Outperform	$65.00 ➝ $31.00	High
6/3/2022	Piper Sandler	Lower Target	Overweight	$55.00 ➝ $35.00	High
5/23/2022	Jefferies Financial Group	Lower Target		$40.00 ➝ $23.00	Medium
3/14/2022	Morgan Stanley	Lower Target	Equal Weight	$64.00 ➝ $42.00	High
3/10/2022	JMP Securities	Lower Target	Market Outperform	$95.00 ➝ $63.00	High
3/10/2022	Royal Bank of Canada	Lower Target	Sector Perform	$60.00 ➝ $38.00	High
3/10/2022	Robert W. Baird	Lower Target		$110.00 ➝ $65.00	High
3/10/2022	Piper Sandler	Lower Target	Overweight	$100.00 ➝ $55.00	High
3/10/2022	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$66.00 ➝ $32.00	High
3/10/2022	KeyCorp	Lower Target	Overweight	$97.00 ➝ $61.00	High
2/24/2022	Morgan Stanley	Lower Target	Equal Weight	$80.00 ➝ $64.00	High
1/14/2022	KeyCorp	Lower Target	Overweight	$103.00 ➝ $97.00	High
1/12/2022	Oppenheimer	Lower Target	Outperform	$115.00 ➝ $100.00	High
1/10/2022	Piper Sandler	Lower Target		$140.00 ➝ $100.00	Medium
1/6/2022	Jefferies Financial Group	Lower Target	Hold ➝ Hold	$85.00 ➝ $65.00	Low
1/5/2022	DA Davidson	Initiated Coverage	Neutral	$65.00	High
12/13/2021	Morgan Stanley	Lower Target	Equal Weight	$151.00 ➝ $80.00	High
12/5/2021	Royal Bank of Canada	Reiterated Rating	Hold	$75.00	N/A
12/3/2021	Robert W. Baird	Reiterated Rating	Buy	$109.00	N/A
12/3/2021	JMP Securities	Boost Target	Outperform ➝ Outperform	$85.00 ➝ $95.00	High
12/3/2021	KeyCorp	Lower Target	Overweight	$143.00 ➝ $103.00	High
11/18/2021	Piper Sandler	Boost Target	Overweight	$85.00 ➝ $140.00	High
11/4/2021	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$115.00 ➝ $135.00	Medium
10/22/2021	Morgan Stanley	Boost Target	Equal Weight	$37.00 ➝ $151.00	Medium
10/21/2021	KeyCorp	Boost Target	Overweight	$85.00 ➝ $143.00	High
9/21/2021	Robert W. Baird	Boost Target	Outperform	$90.00 ➝ $110.00	High
9/13/2021	Jefferies Financial Group	Boost Target	Buy	$90.00 ➝ $115.00	High
9/2/2021	JMP Securities	Boost Target	Outperform	$82.00 ➝ $85.00	Medium
9/2/2021	Oppenheimer	Boost Target	Outperform	$77.00 ➝ $85.00	High
9/2/2021	Piper Sandler	Boost Target	Overweight	$52.00 ➝ $85.00	High
9/2/2021	KeyCorp	Boost Target	Overweight	$75.00 ➝ $85.00	High
9/2/2021	Royal Bank of Canada	Boost Target	Neutral ➝ Sector Perform	$70.00 ➝ $75.00	High
9/2/2021	Robert W. Baird	Boost Target	Outperform	$50.00 ➝ $90.00	High
8/30/2021	Jefferies Financial Group	Boost Target	Buy	$65.00 ➝ $90.00	Low
8/27/2021	JMP Securities	Boost Target	Positive ➝ Outperform	$50.00 ➝ $82.00	High
8/17/2021	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$45.00 ➝ $70.00	High
7/22/2021	FBN Securities	Initiated Coverage	Outperform	$80.00	High
7/19/2021	Wolfe Research	Boost Target	Outperform	$48.00 ➝ $75.00	High
7/15/2021	KeyCorp	Boost Target	Overweight	$48.00 ➝ $75.00	Low
6/18/2021	Jefferies Financial Group	Boost Target	Buy	$45.00 ➝ $65.00	High
6/10/2021	Robert W. Baird	Boost Target	Outperform	$40.00 ➝ $50.00	High
6/4/2021	Robert W. Baird	Reiterated Rating	Buy	$40.00	High
6/4/2021	KeyCorp	Boost Target	Overweight	$40.00 ➝ $48.00	High
6/4/2021	Piper Sandler	Boost Target	Overweight	$45.00 ➝ $52.00	High
6/4/2021	Royal Bank of Canada	Boost Target	Outperform	$39.00 ➝ $45.00	High
6/4/2021	Morgan Stanley	Boost Target	Equal Weight	$34.00 ➝ $37.00	High
6/4/2021	JMP Securities	Boost Target	Market Outperform	$40.00 ➝ $50.00	High
5/18/2021	Jefferies Financial Group	Lower Target	Positive ➝ Buy	$40.00 ➝ $35.00	Low
4/28/2021	Wolfe Research	Initiated Coverage	Outperform	$40.00	N/A
4/22/2021	Wolfe Research	Initiated Coverage	Outperform	$40.00	High
3/11/2021	Credit Suisse Group	Boost Target	Neutral	$32.00 ➝ $35.00	Low
3/11/2021	Morgan Stanley	Boost Target	Equal Weight	$31.00 ➝ $34.00	High
3/11/2021	Royal Bank of Canada	Boost Target	Outperform	$36.00 ➝ $39.00	Low
3/11/2021	Piper Sandler	Boost Target	Overweight	$40.00 ➝ $45.00	Low
3/4/2021	Robert W. Baird	Initiated Coverage	Outperform	$40.00	Medium
1/15/2021	Credit Suisse Group	Boost Target	Neutral	$27.00 ➝ $32.00	High
12/10/2020	Royal Bank of Canada	Boost Target	Outperform	$30.00 ➝ $36.00	Medium
12/10/2020	Royal Bank of Canada	Reiterated Rating	Outperform	$30.00 ➝ $36.00	High
12/10/2020	Oppenheimer	Boost Target	Outperform	$30.00 ➝ $35.00	High
12/10/2020	Jefferies Financial Group	Boost Target	Buy	$30.00 ➝ $35.00	High
12/10/2020	Morgan Stanley	Boost Target	Equal Weight	$27.00 ➝ $31.00	High
12/10/2020	Credit Suisse Group	Boost Target	Neutral	$23.00 ➝ $27.00	High
12/10/2020	JMP Securities	Boost Target	Outperform	$31.00 ➝ $38.00	High
12/10/2020	Piper Sandler	Boost Target	Overweight	$33.00 ➝ $40.00	High
12/2/2020	Piper Sandler	Upgrade	Neutral ➝ Overweight	$25.00 ➝ $33.00	Medium
11/10/2020	Berenberg Bank	Initiated Coverage	Buy	$30.00	High
10/26/2020	Oppenheimer	Initiated Coverage	Outperform	$30.00	Low
10/26/2020	JMP Securities	Initiated Coverage	Market Outperform	$31.00	Low
10/26/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$27.00	Low
10/26/2020	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low
10/26/2020	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$25.00	Low
10/26/2020	Credit Suisse Group	Initiated Coverage	Neutral	$23.00	Low
10/26/2020	Royal Bank of Canada	Initiated Coverage	Outperform	$30.00	Medium
10/26/2020	Piper Sandler	Initiated Coverage	Neutral	$25.00	Medium
10/26/2020	Jefferies Financial Group	Initiated Coverage	Buy	$30.00	Medium
10/9/2020	Sanford C. Bernstein	Initiated Coverage	Underperform	$19.00	Low

(Data available from 4/25/2019 forward)

News Sentiment Rating

0.53 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

21 very positive mentions
28 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

9/28/2023

9 very positive mentions
31 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

10/28/2023

4 very positive mentions
12 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

11/27/2023

13 very positive mentions
33 positive mentions
7 negative mentions
5 very negative mentions

Mentions as of

12/27/2023

10 very positive mentions
32 positive mentions
0 negative mentions
2 very negative mentions

Mentions as of

1/26/2024

10 very positive mentions
36 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

2/25/2024

21 very positive mentions
49 positive mentions
7 negative mentions
0 very negative mentions

Mentions as of

3/26/2024

18 very positive mentions
23 positive mentions
6 negative mentions
1 very negative mentions

Mentions as of

4/25/2024

Current Sentiment

Recent Stories by Sentiment

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; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insights. 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.

Today's Range

Now: $14.97

$14.67

$15.06

50 Day Range

MA: $16.41

$13.55

$20.08

52 Week Range

Now: $14.97

$13.34

$26.27

Volume

1,950,065 shs

Average Volume

1,985,093 shs

Market Capitalization

$3.37 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.22

Frequently Asked Questions

What sell-side analysts currently cover shares of Asana?: The following sell-side analysts have issued research reports on Asana in the last year: Bank of America Co., Citigroup Inc., DA Davidson, FBN Securities, HSBC Holdings plc, JMP Securities, KeyCorp, Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Royal Bank of Canada, and UBS Group AG.
View the latest analyst ratings for ASAN.
What is the current price target for Asana?: 12 Wall Street analysts have set twelve-month price targets for Asana in the last year. Their average twelve-month price target is $20.67, suggesting a possible upside of 38.1%. JMP Securities has the highest price target set, predicting ASAN will reach $30.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $10.00 for Asana in the next year.
View the latest price targets for ASAN.
What is the current consensus analyst rating for Asana?: Asana currently has 4 sell ratings, 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for ASAN.
What other companies compete with Asana?: Other companies that are similar to Asana include Smead Value C, nCino, Q2, Paycor HCM and ACI Worldwide. Learn More about companies similar to Asana.
How do I contact Asana's investor relations team?: Asana's physical mailing address is 1550 BRYANT STREET SUITE 800, SAN FRANCISCO CA, 94103. The company's listed phone number is 415-525-3888 and its investor relations email address is [email protected]. The official website for Asana is www.asana.com. Learn More about contacing Asana investor relations.

Asana - ASAN Stock Price Target and Predictions

Analyst Price Target for ASAN

Current Consensus is Reduce

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.53 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Asana?

What is the current price target for Asana?

What is the current consensus analyst rating for Asana?

What other companies compete with Asana?

How do I contact Asana's investor relations team?