
Asana (ASAN) Stock Forecast & Price Target
Asana (ASAN) Analyst Ratings
Bulls say
Asana reported a significant 30% year-over-year increase in events, its primary usage metric, indicating robust user engagement and the potential for enhanced pricing power. The company guided for revenue growth of 8-9% year-over-year, with calculated billings up 12% year-over-year, outperforming consensus estimates, which bodes well for future financial health. Furthermore, Asana's strategic investments in R&D, aimed at enhancing customer value through new features like AI Studio, position the firm to generate additional revenue streams amidst competitive pressures.
Bears say
Asana's recent financial performance has shown concerning trends, notably in Q4, where the company reported its lowest revenue beat since going public, exacerbated by a significant reliance on non-tech sectors that are only growing at mid-teens rates while tech revenue has stagnated or declined. Furthermore, the firm's cash burn is expected to persist until at least F4Q25, with negative free cash flow patterns suggesting ongoing financial instability as large customer downsells in the tech vertical hinder overall growth and negatively impact net revenue retention rates. Additionally, Asana faces a fragmented and increasingly competitive market, compounded by the risk of losing larger customers and unfavorable economic conditions that could further dampen software spending and growth prospects.
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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