Asana shares rise after strong Q3 earnings report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2025
0mins
Should l Buy ASAN?
Source: Yahoo Finance
Asana Inc's stock increased by 4.18%, reaching a 20-day high following the release of its third-quarter earnings report.
The company reported better-than-expected earnings of seven cents per share and revenue of $201.03 million, surpassing analyst estimates. This positive performance has led to a revision of guidance, with adjusted EPS expectations raised to 25-26 cents for the upcoming fiscal year.
Analysts are optimistic about Asana's growth potential, particularly with the introduction of AI initiatives that are expected to enhance productivity and customer retention. The stock's upward movement reflects confidence in the company's strategic direction and market position.
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Analyst Views on ASAN
Wall Street analysts forecast ASAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASAN is 15.70 USD with a low forecast of 11.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
3 Buy
6 Hold
2 Sell
Hold
Current: 8.460
Low
11.00
Averages
15.70
High
19.00
Current: 8.460
Low
11.00
Averages
15.70
High
19.00
About ASAN
Asana, Inc. is an enterprise work management software platform. It enables organizations to align work to goals, coordinate cross-functional work, gain visibility into progress, automate workflows across departments, and scale work securely. It offers two products within the Asana platform to meet the needs of diverse organizations. The Asana platform maintains an application programming interface that enables developers to build apps on Asana and integrate with hundreds of third-party applications like Microsoft Teams, Slack, Jira, Salesforce, Google Workspace, Adobe Creative Cloud and many more. Its flagship product, Asana Work Graph, provides a map of how all work gets done inside an organization. It is built for scale and captures the relationship between the work that teams undertake, the information about that work, the people doing the work, and the outcomes of that work. It provides interactive dynamic views list, calendar, board, timeline, goals, portfolio, reports and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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