Asana Inc [NYSE: ASAN] price surged by 3.37 percent to reach at $0.62.
The one-year ASAN stock forecast points to a potential downside of -22.58. The average equity rating for ASAN stock is currently 2.78, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Asana Inc [ASAN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASAN shares is $15.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASAN stock is a recommendation set at 2.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Asana Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 20, 2025. The new note on the price target was released on December 06, 2024, representing the official price target for Asana Inc stock. Previously, the target price had yet another raise to $15, while Scotiabank analysts kept a Sector Perform rating on ASAN stock. On June 03, 2024, analysts decreased their price target for ASAN shares from 16 to 14.
The Average True Range (ATR) for Asana Inc is set at 0.74, with the Price to Sales ratio for ASAN stock in the period of the last 12 months amounting to 6.18. The Price to Book ratio for the last quarter was 19.45, with the Price to Cash per share for the same quarter was set at 1.98. Price to Free Cash Flow for ASAN in the course of the last twelve months was 1694.39 with Quick ratio for the last quarter at 1.39.
ASAN Stock Performance Analysis:
Asana Inc [ASAN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.20. With this latest performance, ASAN shares gained by 16.78% in over the last four-week period, additionally plugging by 25.41% over the last 6 months – not to mention a rise of 44.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASAN stock in for the last two-week period is set at 65.93, with the RSI for the last a single of trading hit 69.57, and the three-weeks RSI is set at 61.91 for Asana Inc [ASAN]. The present Moving Average for the last 50 days of trading for this stock 16.29, while it was recorded at 18.35 for the last single week of trading, and 16.40 for the last 200 days.
Insight into Asana Inc Fundamentals:
Asana Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.39 and a Current Ratio set at 1.39.
Asana Inc [ASAN] Institutonal Ownership Details
The top three institutional holders of ASAN stocks are: VOYA INVESTMENT MANAGEMENT LLC with ownership of 11.6 million shares, which is approximately 5.0497%. VANGUARD GROUP INC, holding 10.1 million shares of the stock with an approximate value of $$141.36 million in ASAN stocks shares; and VANGUARD GROUP INC, currently with $$97.67 million in ASAN stock with ownership which is approximately 3.0385%.
