15 analysts have shared their evaluations of Asana ASAN during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 9 | 3 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 8 | 2 | 0 |
| 3M Ago | 0 | 0 | 1 | 1 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $17.13, a high estimate of $27.00, and a low estimate of $10.00. Surpassing the previous average price target of $13.86, the current average has increased by 23.59%.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive Asana. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Raises | Overweight | $27.00 | $19.00 |
| Allan Verkhovski | Scotiabank | Raises | Sector Perform | $18.00 | $15.00 |
| Lucky Schreiner | DA Davidson | Raises | Neutral | $20.00 | $13.00 |
| Josh Baer | Morgan Stanley | Raises | Equal-Weight | $18.00 | $14.00 |
| Ittai Kidron | Oppenheimer | Raises | Outperform | $22.00 | $20.00 |
| Pinjalim Bora | JP Morgan | Raises | Underweight | $15.00 | $13.00 |
| Rishi Jaluria | RBC Capital | Maintains | Underperform | $10.00 | $10.00 |
| Brent Thill | Jefferies | Raises | Hold | $16.00 | $13.00 |
| Jackson Ader | Keybanc | Maintains | Sector Weight | $10.00 | $10.00 |
| Patrick Walravens | JMP Securities | Raises | Market Outperform | $25.00 | $21.00 |
| Rob Oliver | Baird | Raises | Neutral | $19.00 | $13.00 |
| Brent Bracelin | Piper Sandler | Raises | Neutral | $19.00 | $12.00 |
| Allan Verkhovski | Scotiabank | Announces | Sector Perform | $15.00 | - |
| Rishi Jaluria | RBC Capital | Maintains | Underperform | $10.00 | $10.00 |
| Lucky Schreiner | DA Davidson | Raises | Neutral | $13.00 | $11.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Asana. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Asana compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
For valuable insights into Asana's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Asana analyst ratings.
All You Need to Know About Asana
Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.
Asana's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Asana displayed positive results in 3 months. As of 31 October, 2024, the company achieved a solid revenue growth rate of approximately 10.44%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Asana's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -31.18%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Asana's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -21.58%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Asana's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -6.3%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.12, caution is advised due to increased financial risk.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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