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NYSE: ASAN
Asana Inc Stock Forecast, Predictions & Price Target

Analyst price target for ASAN

Based on 11 analysts offering 12 month price targets for Asana Inc.
Min Forecast
$35.00-46.86%
Avg Forecast
$92.64+40.66%
Max Forecast
$151.00+129.27%

Should I buy or sell ASAN stock?

Based on 11 analysts offering ratings for Asana Inc.
Buy
Strong Buy
3 analysts 27.27%
Buy
5 analysts 45.45%
Hold
3 analysts 27.27%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ASAN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JMP Securities
Top 12%
89
BuyMaintains$95.00+44.25%2021-12-03
KeyBanc
Bottom 10%
10
Strong BuyMaintains$103.00+56.39%2021-12-03
Piper Sandler
Top 1%
100
Strong BuyMaintains$140.00+112.57%2021-11-18
Jefferies
Top 1%
100
HoldDowngrades$135.00+104.98%2021-11-04
Morgan Stanley
Top 2%
99
HoldMaintains$151.00+129.27%2021-10-22
Oppenheimer
Top 16%
85
BuyMaintains$85.00+29.06%2021-09-02
FBN Securities
Top 21%
80
BuyInitiates Coverage On$80.00+21.47%2021-07-22
Wolfe Research
Top 1%
100
BuyMaintains$75.00+13.88%2021-07-19
KeyBanc
Top 25%
76
Strong BuyMaintains$75.00+13.88%2021-07-15
RBC Capital
Top 14%
87
BuyMaintains$45.00-31.67%2021-06-04

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Forecast return on equity

Is ASAN forecast to generate an efficient return?
Company
-77.6%
Industry
-48.07%
Market
37.06%
ASAN's Return on Equity is forecast to be low in 3 years (-77.6%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is ASAN forecast to generate an efficient return on assets?
Company
-26.68%
Industry
5.71%
ASAN is forecast to generate lower Return on Assets (-26.68%) than the US Software - Application industry average (5.71%)
Forecast

ASAN earnings per share forecast

What is ASAN's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.44+0.7%
Avg 2 year Forecast
-$1.54+7.69%
Avg 3 year Forecast
-$1.03-27.97%

ASAN revenue forecast

What is ASAN's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$358.2M+6.98%
Avg 2 year Forecast
$467.1M+39.48%
Avg 3 year Forecast
$628.7M+87.75%
ASAN's revenue is forecast to grow at an exceptional rate of 21.66% per year
Forecast

ASAN revenue growth forecast

How is ASAN forecast to perform vs Software - Application companies and vs the US market?
Company
21.66%
Industry
16.83%
Market
10.03%
ASAN's revenues are forecast to grow faster (21.66% per year) than the US Software - Application industry average (16.83%)
Forecast
ASAN's revenues are forecast to grow faster (21.66% per year) than the US market average (10.03%)
Forecast

Asana Stock Forecast FAQ

Is Asana Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: ASAN) stock is to Buy ASAN stock.

Out of 11 analysts, 3 (27.27%) are recommending ASAN as a Strong Buy, 5 (45.45%) are recommending ASAN as a Buy, 3 (27.27%) are recommending ASAN as a Hold, 0 (0%) are recommending ASAN as a Sell, and 0 (0%) are recommending ASAN as a Strong Sell.

What is ASAN's earnings growth forecast for 2022-2024?

(NYSE: ASAN) Asana's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 4.3%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Asana's earnings in 2021 is -$259,803,000.On average, 4 Wall Street analysts forecast ASAN's earnings for 2022 to be $-268,458,362, with the lowest ASAN earnings forecast at $-270,322,656, and the highest ASAN earnings forecast at $-264,729,774. On average, 4 Wall Street analysts forecast ASAN's earnings for 2023 to be $-287,101,304, with the lowest ASAN earnings forecast at $-296,422,775, and the highest ASAN earnings forecast at $-266,594,068.

In 2024, ASAN is forecast to generate $-192,022,301 in earnings, with the lowest earnings forecast at $-192,022,301 and the highest earnings forecast at $-192,022,301.

What is ASAN's revenue growth forecast for 2022-2024?

(NYSE: ASAN) Asana's forecast annual revenue growth rate of 21.66% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.83%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Asana's revenue in 2021 is $334,857,000.On average, 4 Wall Street analysts forecast ASAN's revenue for 2022 to be $66,787,406,851, with the lowest ASAN revenue forecast at $66,663,431,288, and the highest ASAN revenue forecast at $66,890,875,178. On average, 5 Wall Street analysts forecast ASAN's revenue for 2023 to be $87,071,859,677, with the lowest ASAN revenue forecast at $81,870,478,915, and the highest ASAN revenue forecast at $91,424,986,587.

In 2024, ASAN is forecast to generate $117,208,175,097 in revenue, with the lowest revenue forecast at $117,208,175,097 and the highest revenue forecast at $117,208,175,097.

What is ASAN's forecast return on assets (ROA) for 2022-2024?

(NYSE: ASAN) forecast ROA is -26.68%, which is lower than the forecast US Software - Application industry average of 5.71%.

What is ASAN's Price Target?

According to 11 Wall Street analysts that have issued a 1 year ASAN price target, the average ASAN price target is $92.64, with the highest ASAN stock price forecast at $151.00 and the lowest ASAN stock price forecast at $35.00.

On average, Wall Street analysts predict that Asana's share price could stay at $92.64 by Dec 3, 2022. The average Asana stock price prediction forecasts a potential downside of N/A from the current ASAN share price of $65.86.

What is ASAN's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: ASAN) Asana's current Earnings Per Share (EPS) is -$1.43. On average, analysts forecast that ASAN's EPS will be $-1.44 for 2022, with the lowest EPS forecast at $-1.45, and the highest EPS forecast at $-1.42. On average, analysts forecast that ASAN's EPS will be $-1.54 for 2023, with the lowest EPS forecast at $-1.59, and the highest EPS forecast at $-1.43. In 2024, ASAN's EPS is forecast to hit $-1.03 (min: $-1.03, max: $-1.03).

What is ASAN's forecast return on equity (ROE) for 2022-2024?

(NYSE: ASAN) forecast ROE is -77.6%, which is considered weak.
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