Asana (ASAN) to Release Quarterly Earnings on Tuesday

Asana (NYSE:ASAN) is expected to be releasing its Q3 2026 results after the market closes on Tuesday, December 2nd. Analysts expect Asana to post earnings of $0.06 per share and revenue of $198.7810 million for the quarter. Asana has set its Q3 2026 guidance at 0.060-0.070 EPS. FY 2026 guidance at 0.230-0.250 EPS.Individuals may visit the the company’s upcoming Q3 2026 earningresults page for the latest details on the call scheduled for Tuesday, December 2, 2025 at 4:30 PM ET.

Asana (NYSE:ASAN) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $196.94 million for the quarter, compared to the consensus estimate of $193.01 million. Asana had a negative return on equity of 83.88% and a negative net margin of 27.50%.The business’s revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.05) earnings per share. On average, analysts expect Asana to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Asana Stock Performance

Shares of ASAN stock opened at $13.00 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of -14.61 and a beta of 1.05. Asana has a 52 week low of $11.58 and a 52 week high of $27.77. The firm’s 50-day simple moving average is $13.58 and its two-hundred day simple moving average is $14.30.

Wall Street Analysts Forecast Growth

ASAN has been the topic of a number of recent research reports. Morgan Stanley upped their price target on shares of Asana from $13.00 to $14.00 and gave the company an “underweight” rating in a research note on Thursday, September 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Asana in a report on Wednesday, October 8th. Piper Sandler restated an “overweight” rating and set a $19.00 target price on shares of Asana in a research report on Thursday, September 4th. Robert W. Baird raised their price target on Asana from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, September 4th. Finally, Wall Street Zen cut Asana from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, Asana has a consensus rating of “Hold” and an average target price of $16.10.

Insider Transactions at Asana

In related news, Director Justin Rosenstein sold 1,199,560 shares of the stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $15.23, for a total value of $18,269,298.80. Following the sale, the director owned 1,555,925 shares in the company, valued at approximately $23,696,737.75. This trade represents a 43.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Anne Raimondi sold 28,026 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $14.17, for a total value of $397,128.42. Following the transaction, the chief operating officer owned 862,469 shares of the company’s stock, valued at approximately $12,221,185.73. The trade was a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,427,928 shares of company stock valued at $36,497,981. 61.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Asana

Institutional investors and hedge funds have recently bought and sold shares of the stock. Daiwa Securities Group Inc. grew its stake in Asana by 64.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,371 shares of the company’s stock worth $59,000 after buying an additional 1,706 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Asana during the 2nd quarter valued at $90,000. Creative Planning bought a new stake in shares of Asana during the 3rd quarter worth $141,000. American Century Companies Inc. purchased a new position in Asana in the second quarter worth $158,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Asana by 226.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,732 shares of the company’s stock valued at $158,000 after purchasing an additional 8,138 shares during the last quarter. 26.21% of the stock is owned by hedge funds and other institutional investors.

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.