Morningstar

Asana Inc Ordinary Shares - Class A ASAN

Morningstar Rating
Unlock
Stock XNYS Rating as of
$11.74 +0.02 (0.17%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Asana Earnings: Macroeconomic Pressures and Technology Sector Headwinds Drag Near-Term Outlook

Emma Williams

We lower our fair value estimate for no-moat Asana to $16 per share from $18 following mixed second-quarter fiscal 2025 results. Top-line growth for the quarter came in line with our above-guidance forecasts, and profitability surprised to the upside. However, the firm’s near-term guidance disappointed amid elevated customer budget scrutiny and elongated sales cycles delaying deal execution. Accordingly, we have trimmed our forecasts to factor in more muted top-line growth, driving our fair value estimate cut. Nonetheless, following a sharp 13% fall in after-hours trading, Asana shares continue to screen as attractive on a risk-adjusted basis, and we believe the firm has a long runway for growth in the nascent work management software market.

Read Full Report

Price vs Fair Value

View History
ASAN is trading at a 528% premium.
Price
$11.74
Fair Value
$67.00
Uncertainty
Very High
1-Star Price
$86.00
5-Star Price
$1.00
Economic Moat
Hdwl
Capital Allocation
Klnnkfsnt

Bulls Say, Bears Say

Bulls

Asana is well placed to grow existing relationships by upselling customers to higher functionality tiers and converting free users to paid plans.

Bears

The collaborative work management software market is fragmented and fiercely competitive, elevating pressure on Asana to invest in product innovation and strengthen enterprise go-to-market efforts.

Show More

News

View All

Trading Information

Previous Close Price
$11.72
Day Range
$11.66–11.95
52-Week Range
$11.05–23.44
Bid/Ask
$11.66 / $11.84
Market Cap
$2.68 Bil
Volume/Avg
1.7 Mil / 2.0 Mil

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
3.85
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.71%

Company Profile

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.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
1,840
Website
https://www.asana.com

Competitors

Valuation

View More
Metric
ASAN
GOOGL
MSFT
Price/Earnings (Normalized)
 —23.3536.24
Price/Book Value
 9.236.7211.85
Price/Sales
 3.856.2813.04
Price/Cash Flow
 408.3217.0527.39
Price/Earnings
ASAN
GOOGL
MSFT

Financial Strength

Metric
ASAN
GOOGL
MSFT
Quick Ratio
 1.491.901.06
Current Ratio
 1.632.081.27
Interest Coverage
 −70.19281.7736.65
Quick Ratio
ASAN
GOOGL
MSFT

Profitability

Metric
ASAN
GOOGL
MSFT
Return on Assets (Normalized)
 −4.45%26.65%18.96%
Return on Equity (Normalized)
 −13.28%37.68%37.13%
Return on Invested Capital (Normalized)
 −9.52%33.14%28.06%
Return on Assets
ASAN
GOOGL
MSFT

Software - Application Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SAP SE ADR
SAP
VjmfCvkmy$268.2 Bil
 Salesforce Inc
CRM
JkvfplkZryz$264.5 Bil
 ServiceNow Inc
NOW
QxlqbdcjjXyb$181.5 Bil
 Intuit Inc
INTU
YkmfgqqyqjYycr$173.5 Bil
 Uber Technologies Inc
UBER
XvfhpfxJycxrp$159.1 Bil
 Automatic Data Processing Inc
ADP
TwhbwvlwXgv$111.3 Bil
 Shopify Inc Registered Shs -A- Subord Vtg
SHOP
NfnzgqdyRrvgd$102.6 Bil
 Cadence Design Systems Inc
CDNS
HbxjsclclcVbpzbz$75.1 Bil
 Workday Inc Class A
WDAY
TcvzgdwvsmKbzst$64.6 Bil
 Roper Technologies Inc
ROP
ZkpkwkhmrMbzkd$59.4 Bil

Sponsor Center