ASAN Asana Inc.
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Daily prices, adjusted for splits. P/E and P/S value each day on the results published by then; a gap in P/E means the trailing year had no profit.
Software - Application · San Francisco, CA · 1,767 employees · asana.com
Asana develops a work management platform that enables organizations to coordinate projects, automate routine processes, and monitor strategic goals. The company sells its software and collaborative tools across multiple industries through direct sales, partner channels, and product-led adoption.
Bull case
The measurements do not currently make a case for the business.
- Trades at the 13th percentile of its own valuation history.
- The share price trend is rising.
Bear case
The business continues to burn cash after accounting for stock compensation, while gross margins have fallen below their recent norm. High levels of stock-based compensation present a continuing burden on operations.
- Burns cash after stock pay (-9% of revenue).
- Gross margin is 3.6 points below its recent norm.
- Stock pay equals 24% of revenue.
Features
- V-DEEP-VALUE Deep value The price is 53% below its own-history reference value.
- V-MARGIN-COMPRESSION Margin compression Gross margin is 3.6 points below its recent norm.
- G-AGENCY Heavy stock pay Stock pay equals 24% of revenue.
- F-ANALYST-BEARISH Analysts cautious Only 33% of analysts rate it positively.
- T8 Lazarus Cheap against its own history, and the price trend has turned up.
AI impact
Sells AI to its customers Cuts both ways
Asana sells work management software designed to coordinate tasks between employees and artificial intelligence agents. While its place in daily business operations helps it deploy these automated capabilities, AI-powered development tools could lower software creation costs and allow rivals or customers to build competing platforms.
Where AI helps it
- Its software sits where AI agents would do the work (minor)
Where AI could hurt it
- AI makes it cheaper for rivals to build what it sells (minor)
In the company's words
Asana reduces chaos, risk, and complexity by offering a governed execution platform for all work, where humans and AI agents operate from a shared, living institutional memory.
Developments in AI-enabled software development tools may reduce the research and development costs associated with building work management solutions which may lead to additional competitors in the work management solutions market or enable our customers and potential customers to develop their…
Assessed by AI from the company's own annual report filed 13 Mar 2026 and quarterly report filed 3 Sep 2026. A reading of the business, not a forecast or a recommendation.
Valuation position
ASAN is at the 13th percentile of its own valuation history. Depending on how far back you look, it ranges from the 13th to the 22nd percentile. This is a relative measurement, not a price target or recommendation, and it assumes the business is still the one its history describes.
Price ladder
The measured price sits in the Discount zone. These are reference zones, not buy instructions or forecasts that the prices will be reached.
Quality versus peers
Each dimension is shown on its own; they are not combined into a score.
Current analyst snapshot
Shown for reference only; not used in any measurement.
What would have to break
- Not triggered — Revenue decline
- Not triggered — Margin break
- Not available — Cash burn with rising debt
- Not triggered — Heavy dilution
- Not triggered — Warning language in filings
News
No recent brief on this company.