DA Davidson Estimates Asana’s Q4 Earnings (NYSE:ASAN)

Asana, Inc. (NYSE:ASAN) – Analysts at DA Davidson issued their Q4 2025 earnings per share (EPS) estimates for Asana in a report released on Friday, December 6th. DA Davidson analyst L. Schreiner forecasts that the company will earn ($0.26) per share for the quarter. DA Davidson has a “Neutral” rating and a $20.00 price target on the stock. The consensus estimate for Asana’s current full-year earnings is ($1.14) per share.

Other analysts also recently issued research reports about the stock. UBS Group decreased their price objective on shares of Asana from $17.00 to $13.00 and set a “neutral” rating on the stock in a report on Wednesday, September 4th. Bank of America decreased their price target on Asana from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, September 4th. Scotiabank raised their price objective on Asana from $15.00 to $18.00 and gave the company a “sector perform” rating in a research note on Friday, December 6th. Citigroup decreased their target price on Asana from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 4th. Finally, Morgan Stanley upped their target price on Asana from $14.00 to $18.00 and gave the company an “equal weight” rating in a report on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $16.53.

Asana Price Performance

Shares of NYSE ASAN opened at $23.42 on Monday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.49 and a current ratio of 1.49. Asana has a one year low of $11.05 and a one year high of $26.10. The firm has a market capitalization of $5.34 billion, a P/E ratio of -22.21 and a beta of 1.22. The company’s fifty day moving average is $13.64 and its two-hundred day moving average is $13.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Arizona State Retirement System grew its stake in shares of Asana by 3.6% during the 2nd quarter. Arizona State Retirement System now owns 23,401 shares of the company’s stock valued at $327,000 after buying an additional 803 shares during the period. Diversified Trust Co grew its position in Asana by 2.6% during the second quarter. Diversified Trust Co now owns 34,985 shares of the company’s stock valued at $489,000 after acquiring an additional 900 shares during the period. Daiwa Securities Group Inc. increased its stake in Asana by 26.0% during the second quarter. Daiwa Securities Group Inc. now owns 4,983 shares of the company’s stock worth $70,000 after acquiring an additional 1,028 shares during the last quarter. KBC Group NV raised its holdings in shares of Asana by 52.1% in the 3rd quarter. KBC Group NV now owns 3,534 shares of the company’s stock worth $41,000 after purchasing an additional 1,211 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Asana by 11.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,045 shares of the company’s stock valued at $238,000 after purchasing an additional 1,769 shares in the last quarter. Institutional investors and hedge funds own 26.21% of the company’s stock.

Insiders Place Their Bets

In related news, COO Anne Raimondi sold 29,807 shares of the company’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $11.99, for a total value of $357,385.93. Following the completion of the transaction, the chief operating officer now directly owns 761,088 shares in the company, valued at approximately $9,125,445.12. This represents a 3.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Eleanor B. Lacey sold 9,308 shares of the stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $11.99, for a total value of $111,602.92. Following the transaction, the insider now owns 375,310 shares in the company, valued at $4,499,966.90. This trade represents a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 44,092 shares of company stock valued at $527,668 in the last ninety days. Insiders own 63.97% of the company’s stock.

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.