Asana, Inc. ASAN
Computer Software: Prepackaged Software · IPO 2020 · data as of November 13, 2026
Asana, Inc. (ASAN) is a technology company listed in the US with a market value of about $2.2B. In the twelve months to July 31, 2026 it had revenue of $828M and net income of -$154M, a net margin of -18.6%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (3/5); the weakest is shareholder returns (0/5).
Key numbers: a price to free cash flow of 17.9, 5-year revenue growth of 28% a year, a 5-year average ROIC of -43%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 61% below the current price.
Score: 1.4 / 5
Checks passed
- P/FCF below 20
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Positive free cash flow
- Debt below 3 years of free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $828M | $791M | $724M | $653M | $547M | $378M | $227M | $143M | $77M |
| Net income | -$154M | -$189M | -$256M | -$257M | -$408M | -$288M | -$212M | -$119M | -$51M |
| Free cash flow | $124M | $87M | $9M | -$26M | -$165M | -$125M | -$150M | -$47M | -$33M |
| EPS (diluted) | $-0.66 | $-0.80 | $-1.11 | $-1.17 | $-2.04 | $-1.63 | $-1.99 | $-1.69 | $-0.78 |
| Net margin | -18.6% | -23.9% | -35.3% | -39.4% | -74.5% | -76.2% | -93.3% | -83.2% | -66.3% |
| ROIC | — | -38.6% | -42.5% | -35.1% | -51.3% | -45.6% | -62.5% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $10.23, 5% above the current price; targets range from $6.25 to $15.00; the consensus rating is “Hold”; expected EPS is $0.37 for the fiscal year ending January 31, 2027.
Frequently asked questions
Is Asana stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 61% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Asana pay a dividend?
Not currently.
Is Asana a good stock to buy?
We do not give buy or sell advice. Asana scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.