
Asana (ASAN) Stock Forecast & Price Target
Asana (ASAN) Analyst Ratings
Bulls say
Asana has shown significant growth in its primary usage metric, with events increasing by 30% year-over-year to over 18 trillion in FY24, reflecting strong engagement with its collaborative software solutions. The company reported calculated billings of $209 million, surpassing both consensus estimates and previous predictions, indicating robust demand for its subscription-based model. Additionally, Asana's plans to enhance customer value through innovations like AI Studio are expected to create new revenue streams, which positions the company favorably for future growth amidst ongoing investments in research and development.
Bears say
Asana has experienced a concerning reversal in trends, highlighted by its lowest revenue beat as a public company in Q4, primarily driven by stagnation or slight declines in its tech revenue segment, which faces significant headwinds from large downsells and a reduction in monthly billed customers. The company's projections indicate persistent negative free cash flow through at least F4Q25, coupled with deceleration in revenue growth forecasts for FY26, which fall below market consensus expectations. Furthermore, the competitive landscape is increasingly challenging, compounded by the potential risks of losing key customers, unfavorable economic conditions, and changing regulations that could adversely impact revenue and financial health.
This aggregate rating is based on analysts' research of Asana and is not a guaranteed prediction by Public.com or investment advice.
Asana (ASAN) Analyst Forecast & Price Prediction
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