Citigroup Maintains Neutral on Asana, Lowers Price Target to $15
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Citigroup analyst Steven Enders maintains Asana (NYSE:ASAN) with a Neutral and lowers the price target from $17 to $15.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2024 | $15.00 | Sector Perform | Scotiabank |
| 6/3/2024 | $16.00 → $14.00 | Reduce → Hold | HSBC Securities |
| 5/31/2024 | $18.00 → $16.00 | Underweight → Neutral | Piper Sandler |
| 3/21/2024 | $14.00 | Underweight | KeyBanc Capital Markets |
| 2/26/2024 | $25.00 | Buy | BofA Securities |
| 12/20/2023 | $20.00 | Neutral | DA Davidson |
| 12/6/2023 | $18.00 | Hold → Reduce | HSBC Securities |
| 10/23/2023 | $24.00 → $16.00 | Neutral → Underweight | Piper Sandler |
Former LiveRamp Chief Customer Officer brings two decades of experience driving customer value and growth Asana, Inc. (NYSE:ASAN)(LTSE:ASAN), the #1 AI work management platform, today announced the appointment of Josh Abdulla as Head of Customer Experience. Abdulla will report to Chief Revenue Officer, Ed McDonnell, and oversee Asana's customer success, professional services, and support teams. Abdulla brings over 23 years of experience in customer-facing roles spanning professional services, technical support, and customer success. Most recently, he served as Chief Customer Officer at LiveRamp, leading the company's Customer Solutions organization, including its Global Services, Global C
Asana, Inc. (NYSE:ASAN)(LTSE: ASAN), a leading work management platform, today announced the appointment of Sonalee Parekh as Chief Financial Officer, effective September 11, 2024. Parekh will succeed Tim Wan, who has served in the role since 2017. Wan will remain with the company in an advisory position to support the transition. Parekh brings more than 25 years of experience in the technology and banking sectors to Asana, having previously held executive finance roles at leading public companies including Chief Financial Officer (CFO) at RingCentral and Divisional CFO, Head of Corporate Development and Investor Relations at Hewlett Packard Enterprise (HPE). At Asana, Parekh will oversee
Asana's State of IT research reveals 77% of IT leaders feel responsible for leading AI transformation within their organization Deeper integrations with Microsoft 365, AI-powered reporting, and enhanced workflow capabilities, all with safeguards and controls, help CIOs build the right foundation for AI to drive greater ROI Today, Asana, Inc., a leading enterprise work management platform, announced new AI capabilities that empower IT leaders to drive intelligent transformation with the right data foundation, safeguards, and controls. Powered by Asana's Work Graph® data model, these new capabilities enable IT leaders to integrate their work data seamlessly with solutions like Microsoft 3
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10-Q - Asana, Inc. (0001477720) (Filer)
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Record multi-year deals signed Delivered $15.9M in operating cash flow and $12.8M in free cash flow Customers spending $100,000 or more on an annualized basis grew 17% year over year Asana, Inc. (NYSE:ASAN) (LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2025 ended July 31, 2024. "In Q2, Asana continued to execute on our enterprise transition and make significant strides in AI. We're seeing momentum in key areas, including 17% growth in customers spending over $100,000, success in key verticals, and a record number of multi-year deals," said Dustin Moskovitz, co-founder and chief executive officer of Asana. "We're at a piv
Improvement in free cash flow and operating cash flow year over year Expect to be free cash flow positive for the full year Revenues from customers spending $5,000 or more grew 15% year over year Asana, Inc. (NYSE:ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its first quarter fiscal 2025 ended April 30, 2024. "AI is transforming how we work, and Asana is delivering the ideal platform for this new era where people and AI collaborate to reach new levels of productivity and innovation," said Dustin Moskovitz, co-founder and chief executive officer of Asana. "With Asana's Work Graph® architected to link work and workflows to higher level
$142 million improvement in cash flows from operating activities year over year Annual revenues from customers spending $100,000 or more grew 29% year over year Asana, Inc. (NYSE:ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its fourth quarter and fiscal year ended January 31, 2024. "Asana's Q4 and fiscal year results beat expectations on the top and bottom line. Overall revenue growth was better than our guidance, and operating margin improved significantly during the year, as we target to be free cash flow positive by the end of this year," said Dustin Moskovitz, co-founder and chief executive officer of Asana. "Looking out to fiscal 202
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Scotiabank initiated coverage of Asana with a rating of Sector Perform and set a new price target of $15.00
HSBC Securities upgraded Asana from Reduce to Hold and set a new price target of $14.00 from $16.00 previously
Piper Sandler upgraded Asana from Underweight to Neutral and set a new price target of $16.00 from $18.00 previously
JMP Securities analyst Joe Goodwin reiterates Asana (NYSE:ASAN) with a Market Outperform and maintains $27 price target.
Ratings for Asana (NYSE:ASAN) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 5 2 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 2 3 2 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $17.11, along with a high estimate of $27.00 and a low estimate of $13.00. A decline of 9.95% from the prior
Piper Sandler analyst Brent Bracelin maintains Asana (NYSE:ASAN) with a Neutral and lowers the price target from $16 to $14.
Asana, Inc. (NYSE:ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the third quarter fiscal year 2025 on Thursday, December 5, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The live webcast and replay will be available on the Asana Investor Relations website at https://investors.asana.com. About Asana Asana, a leading enterprise work management platform, is where work connects to goals. Over 150,000 customers like Amazon, Accenture, and Suzuki rely on Asana to man
Now, teams can create workflows where customizable AI agents perform specific jobs and take action on tasks across every stage of work – from intake and planning to execution and reporting Asana, Inc. (NYSE:ASAN) (LTSE: ASAN), a leading enterprise work management platform, today unveiled Asana AI Studio, a no-code builder that lets any team design any workflow, embed AI agents without code and deploy the workflow directly where teams are already working in Asana. Unlike other AI tools that simply synthesize information and generate content, Asana's AI agents work directly with the team, like a teammate. They take on the busywork, handle project coordination, and orchestrate work across cr
Former LiveRamp Chief Customer Officer brings two decades of experience driving customer value and growth Asana, Inc. (NYSE:ASAN)(LTSE:ASAN), the #1 AI work management platform, today announced the appointment of Josh Abdulla as Head of Customer Experience. Abdulla will report to Chief Revenue Officer, Ed McDonnell, and oversee Asana's customer success, professional services, and support teams. Abdulla brings over 23 years of experience in customer-facing roles spanning professional services, technical support, and customer success. Most recently, he served as Chief Customer Officer at LiveRamp, leading the company's Customer Solutions organization, including its Global Services, Global C
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