ASAN (Asana, Inc. Class A Common Stock) Stock Analysis - News

Asana, Inc. Class A Common Stock (ASAN) is a publicly traded Technology sector company. As of May 21, 2026, ASAN trades at $6.74 with a market cap of $1.56B and a P/E ratio of -8.21. ASAN moved -0.15% today. Year to date, ASAN is -48.45%; over the trailing twelve months it is -62.74%. Its 52-week range spans $5.38 to $27.77. Analyst consensus is neutral with an average price target of $10.00. Rallies surfaces ASAN's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ASAN news today?

Asana Cuts Tech Exposure Below 25% and Unveils AI ARR Growth Push: Asana's tech vertical now accounts for less than 25% of revenue as the company diversifies its enterprise customer base across non-tech industries. CEO Daniel Rogers highlighted that AI Studio and AI teammates serve as a coordination layer within structured enterprise memory, expected to drive significant new ARR and strengthen renewals.

ASAN Key Metrics

Key financial metrics for ASAN
MetricValue
Price$6.74
Market Cap$1.56B
P/E Ratio-8.21
EPS$-0.80
Dividend Yield0.00%
52-Week High$27.77
52-Week Low$5.38
Volume4
Avg Volume0
Revenue (TTM)$790.81M
Net Income$-189.02M
Gross Margin89.03%

Latest ASAN News

Recent ASAN Insider Trades

  • Megji Aziz sold 30.65K (~$187.07K) on Mar 27, 2026.
  • Colendich Katie Marie sold 5.01K (~$32.20K) on Mar 25, 2026.
  • Colendich Katie Marie sold 1.50K (~$9.59K) on Mar 24, 2026.

ASAN Analyst Consensus

9 analysts cover ASAN: 0 strong buy, 3 buy, 5 hold, 1 sell, 0 strong sell. Consensus rating is neutral. Average price target: $10.00.

Common questions about ASAN

What changed in ASAN news today?
Asana Cuts Tech Exposure Below 25% and Unveils AI ARR Growth Push: Asana's tech vertical now accounts for less than 25% of revenue as the company diversifies its enterprise customer base across non-tech industries. CEO Daniel Rogers highlighted that AI Studio and AI teammates serve as a coordination layer within structured enterprise memory, expected to drive significant new ARR and strengthen renewals.
Does Rallies summarize ASAN news?
Yes. Rallies summarizes ASAN news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ASAN research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ASAN. It does not provide personalized investment advice.
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