Asana (NYSE:ASAN – Get Free Report) issued an update on its fourth quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of -0.020–0.010 for the period, compared to the consensus EPS estimate of -0.020. The company issued revenue guidance of $187.5 million-$188.5 million, compared to the consensus revenue estimate of $187.8 million. Asana also updated its FY 2025 guidance to -0.150–0.140 EPS.
Wall Street Analyst Weigh In
Several research firms have weighed in on ASAN. KeyCorp decreased their target price on shares of Asana from $12.00 to $10.00 and set an “underweight” rating on the stock in a report on Wednesday, September 4th. Piper Sandler lowered their price target on Asana from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Wednesday, September 4th. JPMorgan Chase & Co. lowered their target price on shares of Asana from $15.00 to $13.00 and set an “underweight” rating for the company in a research note on Wednesday, September 4th. Citigroup dropped their target price on shares of Asana from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Wednesday, September 4th. Finally, Scotiabank assumed coverage on Asana in a research note on Monday, November 18th. They set a “sector perform” rating and a $15.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Asana currently has an average rating of “Hold” and a consensus target price of $14.27.
Check Out Our Latest Stock Analysis on ASAN
Asana Stock Performance
Asana (NYSE:ASAN – Get Free Report) last released its quarterly earnings results on Tuesday, September 3rd. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.03. The company had revenue of $179.21 million for the quarter, compared to analyst estimates of $177.68 million. Asana had a negative return on equity of 81.88% and a negative net margin of 37.73%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.31) earnings per share. On average, analysts forecast that Asana will post -1.14 EPS for the current year.
Insider Buying and Selling
In other Asana news, COO Anne Raimondi sold 29,807 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $11.99, for a total transaction of $357,385.93. Following the transaction, the chief operating officer now owns 761,088 shares in the company, valued at approximately $9,125,445.12. The trade was a 3.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Eleanor B. Lacey sold 4,977 shares of the business’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $11.79, for a total transaction of $58,678.83. Following the sale, the insider now owns 370,333 shares in the company, valued at $4,366,226.07. The trade was a 1.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 44,092 shares of company stock valued at $527,668 over the last quarter. 63.97% of the stock is currently owned by insiders.
Asana Company Profile
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.
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