What is DA Davidson’s Forecast for Asana Q4 Earnings?

Asana, Inc. (NYSE:ASAN) – Analysts at DA Davidson issued their Q4 2025 earnings per share estimates for Asana in a report released on Friday, December 6th. DA Davidson analyst L. Schreiner expects that the company will post earnings per share of ($0.26) for the quarter. DA Davidson has a “Neutral” rating and a $20.00 price objective on the stock. The consensus estimate for Asana’s current full-year earnings is ($1.14) per share.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Asana from $13.00 to $15.00 and gave the stock an “underweight” rating in a report on Friday. Royal Bank of Canada restated an “underperform” rating and set a $10.00 price objective on shares of Asana in a research report on Friday. Robert W. Baird upped their target price on shares of Asana from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Friday. KeyCorp raised Asana from an “underweight” rating to a “sector weight” rating and set a $10.00 price target on the stock in a report on Friday. Finally, Bank of America dropped their price objective on Asana from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.53.

Asana Stock Up 12.1 %

NYSE ASAN opened at $24.87 on Monday. Asana has a 52 week low of $11.05 and a 52 week high of $25.31. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $5.67 billion, a P/E ratio of -22.21 and a beta of 1.22. The stock’s 50-day moving average price is $13.37 and its 200-day moving average price is $13.27.

Insider Activity at Asana

In other Asana news, insider Eleanor B. Lacey sold 9,308 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $11.99, for a total transaction of $111,602.92. Following the sale, the insider now directly owns 375,310 shares of the company’s stock, valued at $4,499,966.90. The trade was a 2.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Anne Raimondi sold 29,807 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $11.99, for a total value of $357,385.93. Following the completion of the sale, the chief operating officer now directly owns 761,088 shares of the company’s stock, valued at $9,125,445.12. The trade was a 3.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 44,092 shares of company stock valued at $527,668. 63.97% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ASAN. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Asana during the second quarter valued at $3,050,000. Point72 Asset Management L.P. bought a new stake in Asana during the 2nd quarter valued at about $17,100,000. Marshall Wace LLP purchased a new stake in Asana in the 2nd quarter valued at about $3,159,000. Intech Investment Management LLC bought a new position in Asana in the 3rd quarter worth about $456,000. Finally, Olympiad Research LP purchased a new position in shares of Asana during the third quarter worth approximately $792,000. Hedge funds and other institutional investors own 26.21% of the company’s stock.

About Asana

Asana, Inc, together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insights.