Asana (NYSE:ASAN) Updates Q3 2025 Earnings Guidance

Asana (NYSE:ASAN) updated its third quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of -0.070–0.070 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $180.0 million-$181.0 million, compared to the consensus revenue estimate of $182.3 million. Asana also updated its FY25 guidance to $(0.20)-$(0.19) EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ASAN. Bank of America lowered their price objective on shares of Asana from $18.00 to $16.00 and set a buy rating for the company in a research report on Wednesday. JMP Securities lowered their price target on Asana from $27.00 to $21.00 and set a market outperform rating for the company in a report on Wednesday. UBS Group dropped their price target on Asana from $17.00 to $13.00 and set a neutral rating on the stock in a research report on Wednesday. Oppenheimer decreased their price objective on Asana from $23.00 to $20.00 and set an outperform rating for the company in a research report on Wednesday. Finally, Royal Bank of Canada restated an underperform rating and set a $10.00 target price on shares of Asana in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Asana has an average rating of Hold and an average target price of $14.67.

Asana Stock Down 0.3 %

Shares of ASAN stock opened at $12.58 on Friday. The firm’s fifty day moving average price is $13.69 and its two-hundred day moving average price is $14.70. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.13. Asana has a 1 year low of $11.29 and a 1 year high of $23.44. The firm has a market capitalization of $2.87 billion, a P/E ratio of -10.75 and a beta of 1.16.

Asana (NYSE:ASAN) last released its earnings results on Tuesday, September 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. Asana had a negative return on equity of 77.48% and a negative net margin of 38.55%. The business had revenue of $179.21 million for the quarter, compared to the consensus estimate of $177.68 million. During the same quarter in the previous year, the business earned ($0.31) earnings per share. Asana’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities analysts predict that Asana will post -1.05 EPS for the current fiscal year.

Insider Activity

In related news, CFO Tim M. Wan sold 28,856 shares of the firm’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $11.44, for a total value of $330,112.64. Following the completion of the transaction, the chief financial officer now directly owns 1,050,284 shares of the company’s stock, valued at $12,015,248.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Tim M. Wan sold 28,856 shares of the firm’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $11.44, for a total value of $330,112.64. Following the completion of the sale, the chief financial officer now directly owns 1,050,284 shares in the company, valued at approximately $12,015,248.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Anne Raimondi sold 26,588 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $11.44, for a total value of $304,166.72. Following the transaction, the chief operating officer now directly owns 790,894 shares in the company, valued at approximately $9,047,827.36. The disclosure for this sale can be found here. In the last 90 days, insiders sold 84,443 shares of company stock valued at $1,026,976. 63.97% of the stock is owned by insiders.

About Asana

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.