Asana, Inc. (ASAN)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-29
$11.26-4.17%
Close 2026-10-29 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-29
Research Workspace
Put ASAN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue is growing steadily — about 9% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens weak on capital allocation, earnings delivery, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 3% on a typical day and fell roughly 64% in its worst 12-month stretch.
View RiskAsana's AI-powered offerings need to expand, though revenue growth remains modest. Q2 FY2027 revenue grew 10% year over year, and non-GAAP earnings beat consensus. ASAN trades at 3× sales versus a 4× peer median, while expectations look modest versus our view. The 28% next-quarter miss probability creates execution risk. Management is running behind on a stated commitment. Peer multiples imply a price roughly in line with where it trades (about fair). The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-10-29. ASAN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 15 analysts currently covering ASAN (as of Oct 2026).
Based on 5 Wall Street analysts offering 12-month price targets for ASAN in the last 4 months.
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Compare ASAN with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| ASAN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 4 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put ASAN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Expand AI-powered product offerings and integrations
AI push aligns with expanding product offerings objective.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $11.26
The last 12 months of price, then the range of analyst 12-month targets from today’s $11.26.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Expand AI-powered product offerings and integrations
AI push aligns with management's objective to expand offerings.
Advances: Expand AI-powered product offerings and integrations
Presentation highlights commitment to AI product integration.
Advances: Improve operating margins and profitability
Achieving a 10% operating margin supports profitability goals.
Advances: Revenue growth of 8.2% to 9.2% for FY 2027
Price target increase reflects confidence in revenue growth.
Threatens: Revenue growth of 8.2% to 9.2% for FY 2027
Churn issues could hinder revenue growth objectives.
Advances: Expand AI-powered product offerings and integrations
Reiteration of AI strategy supports product expansion goals.
Advances: Expand AI-powered product offerings and integrations
AI products significantly contribute to new revenue growth.
