NYSE: ASAN

Asana (ASAN) Stock Analysis & Forecast

Oct 12 close

$9.89−0.18 (−1.8%)

Gekko Brief

AI summaryOct 12 close

Coverage of Asana this week is light, centered on a Form 4 filing dated 8 October alongside a general AI-driven sentiment piece and a comparative review against Keel Infrastructure; none introduce a specific catalyst such as earnings, guidance, a deal or regulatory news.

Asana closed at $9.89, down 1.8% on the day, with the price sitting above both its 50-day average of $9.29 and its 200-day average of $8.26. The GekkoIndex reads 53.7, placing the stock in the Neutral zone, while the price stands 8.1% above the Gekko Fair Value of $9.15.

Over the next 20 trading days, the next earnings report is scheduled for 1 December 2026, 50 days away, placing it outside a typical holding window of that length. No insider or Congress buying or selling appears in the past 90 days, and no unusual options activity appears in the past 30 days. Seasonality over five years shows an average 6.7% move across the next 20 trading days from this point in the calendar, with gains in 3 of those years. Consensus among 9 covering firms stands at 3 buy, 5 hold and 1 sell, with a consensus target of $10.08 implying 1.9% upside.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Asana price vs fair value

$9.89$9.15Oct ’25Apr ’26Oct ’26
Close $9.89200-day averageGekko Fair Value $9.15

Asana quick facts

Market cap
$2.35B
P/E ratio
—
Forward P/E
25.6
EPS, TTM
−$0.66
Revenue, TTM
$828.1M
Profit margin
-18.6%
Dividend yield
—
Beta
1.19
Volume
3.53M avg 8.01M
1-year return
−34.9%
Typical daily move
±5.7%
Typical 20-day move
±12.1%
50-day average
$9.29
200-day average
$8.26
Next earnings
Dec 1 after close
Shares outstanding
159.4M
52-week range
$5.38$15.28

Asana swing-trade checklist

Asana scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $9.89 is above the 50-day ($9.29) and 200-day ($8.26) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    53.7, Neutral

    Reading 53.7 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    8.1% above

    Price is 8.1% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 50 days

    Next report Dec 1, 2026, 50 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.7% on average

    From this point in the calendar, the next 20 trading days averaged +6.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Asana stock chart and price history

Asana closed at $9.89 on Oct 12, 2026, −34.9% over the past year, inside a 52-week range of $5.38 to $15.28.

Close50-day average200-day averageVolume
Asana share price, past year, with 50-day and 200-day moving averages and volume$5$15NovDecJan 2026FebMarAprMayJunJulAugSepOct9.89

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+12.8%
3 months
+32.6%
6 months
+70.5%
1 year
−34.9%
The full ASAN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ASAN in Gekko

Follow Asana through every session

Put ASAN on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Asana

Asana builds a work management platform that helps people coordinate tasks and projects, from everyday to-do items to large cross-company initiatives. The platform is used by individual contributors, team leaders, and senior executives alike, supporting work such as launching new products, running marketing campaigns, and setting organizational goals.

Customers come from a broad mix of sectors, including technology, retail, education, non-profit work, government, healthcare, media, and financial services, spanning the United States and other countries. Asana and its subsidiaries operate as a single platform business rather than through distinct divisions, serving teams across these varied industries.

The company traces its roots to 2008, when it was founded under the name Smiley Abstractions, Inc., before adopting the Asana name in July 2009. It is headquartered in San Francisco, California, and its shares are listed on the NYSE under the ticker ASAN.

Listed
NYSE
Sector
Technology services
Industry
Packaged software
Website
asana.com

Asana GekkoIndex: the smart money zone

Asana’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.7, in the Neutral zone, down 6 points over five sessions.

010053.7Neutral

Down 6 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying940.0%−1.3%−1.0%−4.4%
Accumulation228+0.2%+0.4%+0.7%+2.7%
Neutral (current zone)330−0.1%−0.7%−1.7%−3.5%
Distribution28−1.5%+4.5%+7.8%+6.5%
Selling2Too few readings yet

Average ASAN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ASAN price, zone by zone.Track ASAN in Gekko

Is Asana stock overvalued? Gekko Fair Value

Asana trades 8.1% above Gekko Fair Value of $9.15, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Asana shares are worth, recalculated every trading day.

$9.15

Gekko Fair Value, Oct 9, 2026

8.1% Overvalued

At the end of Aug 2026 the price was 8.0% above the estimate.

Gekko Fair ValueShare price, month end
$9$10Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ASAN in Gekko

Asana insider and Congress trading

No open-market insider purchases were filed for Asana, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ASAN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ASAN insider filing, plotted on the chart in Gekko.Open ASAN in Gekko

Congress trades last 90 days

No trades in ASAN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ASAN, plotted on the chart in Gekko.Open ASAN in Gekko

Buybacks

Asana has been buying back its own shares.

Latest authorization
$160.0M, Mar 2, 2026
Bought back, quarter ended Jul 31, 2026
$51.54M
As a share of market cap
2.19%
Trailing four quarters
$185.3M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold ASAN.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Asana earnings: next date and track record

Asana reports on Dec 1, 2026, after the close (50 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±17.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+40.2%Dec ’24−30.7%Mar ’25−17.8%Jun ’25+5.1%Sep ’25+13.0%Dec ’25+4.8%Mar ’26+20.1%May ’26−10.1%Sep ’26

Last earnings call, Sep 3, 2026 AI summary

What they said
Asana reported Q2 FY2027 revenue of $216.4 million, up 10% year-over-year, exceeding guidance on both revenue and profitability. Overall NRR improved to 97% from 96%, with core customers and $100K+ customers both at 98% NRR. AI Studio and AI Teammates drove approximately 25% of net new ARR. U.S. revenue returned to double-digit growth for the first time in over two years, while non-tech verticals continued outpacing overall company growth.
Guidance
Management raised full-year FY2027 guidance based on Q2 outperformance. The company is investing in Agentic Work Management, integrating AI Teammates, AI Studio, and Dash as core product offerings to drive consumption-based revenue streams alongside traditional seat-based models.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 3, 2026$0.10
est $0.09
+14.3%$216.4M
est $214.2M
+1.1%−10.1%
May 28, 2026−$0.06
est −$0.14
+57.1%$205.1M
est $203.6M
+0.7%+20.1%
Mar 2, 2026$0.08
est $0.07
+14.3%$205.6M
est $205.1M
+0.2%+4.8%
Dec 2, 2025$0.07
est $0.06
+12.9%$201.0M
est $198.8M
+1.1%+13.0%
Sep 3, 2025$0.06
est $0.05
+20.0%$196.9M
est $198.9M
−1.0%+5.1%
Jun 3, 2025$0.05
est $0.03
+94.3%$187.3M
est $186.2M
+0.6%−17.8%
Mar 10, 2025−$0.22
est −$0.01
−2,100.0%$188.3M
est $190.7M
−1.2%−30.7%
Dec 5, 2024−$0.02
est −$0.07
+71.4%$183.9M
est $180.6M
+1.8%+40.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Asana stock forecast and analyst price targets

Analysts’ average 12-month price target for Asana is $10.08, +1.9% from the last close, from 9 firms rating the stock in the last 90 days.

$10.08consensus 12-month target, +1.9% from the last close
Low $7High $12
Buy3
Hold5
Sell1

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 7CitiBuy, maintained$12+21.3%
Oct 2D.A. DavidsonHold, maintained$9−9.0%
Sep 18Morgan StanleySell, reiterated$7−29.2%
Sep 4UBSHold, maintained$10+1.1%
Sep 4Morgan StanleySell, reiterated$7−29.2%
−1.7%average 20-day move after past Neutral readings
+6.7%average move over the next 20 trading days in the last 5 years
±5.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Asana seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Asana averaged +6.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+27.9%2021−23.9%2022+12.6%2023+18.8%2024−2.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.4%4 of 5
Next 10 trading days+6.9%4 of 5
Next 15 trading days+6.4%4 of 5
Next 20 trading days+6.7%3 of 5
Next 30 trading days+0.7%3 of 5

For scale, ASAN’s typical 20-trading-day move in either direction is about 12.1%.

Asana market cap and key statistics

Asana’s market cap is $2.35B and revenue of $828.1M over the last twelve months.

Valuation

Market cap
$2.35B
Forward P/E
25.6
EPS, TTM
−$0.66
Gekko Fair Value
$9.15

Trading

Volume
3.53M
Avg volume, 20 days
8.01M
52-week high
$15.28
52-week low
$5.38
Shares outstanding
159.4M

Financials

Revenue, TTM
$828.1M
Profit margin
-18.6%
Return on equity
-93.8%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
1.19
Typical daily move
±5.7%
Typical 20-day move
±12.1%

Asana stock news this week

3 headlines about Asana from the past week, newest first, each linking to the publisher.

Asana peers

Asana’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral21.7% above
PLTRPalantir Technologies+0.1%Distribution22.3% above
ORCLOracle−2.9%Neutral24.3% below
PANWPalo Alto Networks−4.2%Neutral21.6% above
CRWDCrowdStrike−4.8%Neutral23.7% above
CRMSalesforce−1.1%Neutral3.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Asana stock FAQ

What is Asana’s market cap?

Asana’s market cap is $2.35B at the Oct 12, 2026 close of $9.89, with 159.4M shares outstanding.

What is the Asana stock forecast?

The consensus analyst 12-month price target for Asana is $10.08, +1.9% from the last close. Of the 9 firms that rated the stock in the last 90 days, 3 rate it a buy, 5 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Asana stock overvalued or undervalued?

On Gekko’s estimate Asana is overvalued: the Oct 12, 2026 close of $9.89 is 8.1% above Gekko Fair Value of $9.15. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Asana report earnings next?

Asana is expected to report on Dec 1, 2026, after the market closes (50 days away). Analysts expect earnings of $0.08 per share on revenue of $218.1M. Asana beat the earnings estimate in 7 of its last 8 reports, moving 17.7% on average across the report.

What is Asana’s 52-week high and low?

Asana’s 52-week high is $15.28 and its 52-week low is $5.38; it closed at $9.89 on Oct 12, 2026, −34.9% over the past year. Over the last five years the shares peaked at $145.79 on Nov 15, 2021.

Is Asana stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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