ASANAsana, Inc. presents mixed signals: strong thematic relevance in work management software and a solid customer base, but fundamental profitability remains weak with consistent losses, and technical indicators suggest neutrality with limited conviction. Suitable for investors with a tolerance for risk seeking potential long-term growth.
Asana operates in the growing work management and productivity software sector, enabling efficient collaboration across industries globally with a hybrid go-to-market model supporting diverse verticals.
Financials reflect ongoing net losses and negative operating income with negative margins, though revenues grow steadily. Balance sheet shows moderate leverage and some liquidity concerns. Valuation metrics indicate negative earnings multiples consistent with a growth-stage tech company.
Technical indicators suggest a lack of strong trend; moving averages show mixed buy and sell signals, with oscillators mostly neutral. Price is near short-term pivot points, indicating consolidation rather than directional momentum.
| Factor | Score |
|---|---|
| Market Relevance & Adoption | 80 |
| Customer Base Diversity | 78 |
| Innovation Capability | 72 |
| Regulatory & Market Risks | 70 |
| Sustainability & Social Impact | 75 |
| Factor | Score |
|---|---|
| Valuation | 25 |
| Profitability | 30 |
| Growth | 65 |
| Balance Sheet Health | 40 |
| Cash Flow | 45 |
| Factor | Score |
|---|---|
| Trend Analysis | 55 |
| Momentum | 50 |
| Volume Confirmation | 50 |
| Support & Resistance | 55 |
Positive Earnings Surprises
Recent quarterly EPS reports have consistently beaten estimates, with the latest 2025 Q2 EPS at 0.05 exceeding estimates by 159.47%, indicating improving profitability trends.
Improving Free Cash Flow
The company reported positive free cash flow in the latest quarters, including $2.64 million in 2025 Q1 and $3.99 million in 2025 Q2, signaling better operational cash generation.
Continued Negative Net Income and EPS
Despite recent positive surprises, the company’s TTM EPS is negative (-1.0) and net income remains deeply negative, signaling ongoing unprofitability concerns.
Declining Profit Margins
Net margins remain negative and worsening with a -35.3% margin in 2025 Q1 and deeper losses historically, indicating sustained difficulty in converting revenue into profits.
September 2025
2
Next Earnings Date
H: $0.06
A: $0.05
L: $0.04
H: 193.82M
A: 193.00M
L: 191.80M
Asana, Inc., together with its subsidiaries, operates a work management software 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. The company uses a hybrid go-to-market approach, combining a product-led model, direct sales, and channel partners to serve customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
16.38 USD
The 39 analysts offering 1 year price forecasts for ASAN have a max estimate of 22.00 and a min estimate of 10.00.