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ASASAN

Asana, Inc.

Trending onWhy it's trendingX chatter spiked vs its recent norm
$ASAN·$1.7B·Software - Application·Technology
$7.69+0.7%YTD-44.2%1Y-46.6%
Mentions · last 7 days
2026-07-10: 45 posts2026-07-11: 15 posts2026-07-12: 28 posts2026-07-13: 94 posts2026-07-14: 111 posts2026-07-15: 131 posts2026-07-16: 138 posts566+33%
Price updated 5h ago·X counts updated 1d ago
ASASAN
$ASANAsana, Inc.
$7.69+0.65%566 posts+33%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $ASAN, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-07-17

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Work-management SaaS at 22% of range with cash flow finally positive and AI-agent product live.

Asana is the work-management SaaS platform — task-tracking, workflow automation, and increasingly AI-agent orchestration for enterprise teams. It's a classic mid-cap SaaS that has been range-bound as investors debated whether Slack + Notion + Monday would eat the category.

What's changed:

  • Growth has stabilized in the high single digits: Q1 revenue up 9.5% YoY to $205M, and the four-quarter growth stack is 9-10% — this is a business at a real steady-state growth rate, not accelerating.
  • The multiple compression is now sharp: PE trailing negative, FY27 consensus EPS of $0.26, and P/S of only 2.3x — priced for a stall.
  • Cash generation is finally positive: FCF yield 6.3% — the operating leverage is beginning to translate.
  • Asana Gov achieved FedRAMP Moderate authorization (June 24) — real federal-vertical opening.
  • Insider action is mostly small officer sales; co-founder Justin Rosenstein gifted 2.7M shares (a gift, not a sale, but reduces his voting share).
  • Position confirms the reset: 22% of 52-week range and 21% below the 200-day moving average, YTD -44%, t12m -46%.

The forward view: the September 2 Q2 print is the referee. A revenue beat with any hint of AI-agent revenue disclosure plus continued FCF improvement restarts the coil upward toward the community's 158%-upside-to-wedge-top target. What keeps it stuck: another 9%-growth quarter with maintenance guidance. What breaks it lower: a specific competitive-win headline for Monday.com, Notion, or Microsoft Loop in a major Asana customer account.

Agrees with X sentimentThe bullish X read on Asana as a beaten-down software gem breaking a weekly downtrend is directionally right on the setup. Our take agrees the fundamentals-vs-multiple gap is real but wants a Q2 print confirmation before conviction.

What to watch: September 2 Q2 earnings, especially AI-agent revenue disclosure and FCF trajectory; a Monday.com/Notion/Microsoft Loop competitive-win headline would break the coil the wrong way.

On the calendar: 2026-09-02 — Q2 FY2027 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment7 posts analyzed · as of 2026-06-08

Asana is being framed as a beaten-down software gem: curling off ATLs, close to breaking the downtrend on the weekly timeframe, net put premiums got dumped, and the flip-to-200dma-support setup gives 158% upside to the top of the wedge. The bear voice is essentially absent.

Read the AI verdict + X sentiment for $ASAN

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Cloud work-management platform helping enterprise teams plan, track, and coordinate cross-functional projects.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Application sits in its cycle right now — and what that implies for $ASAN.

Software - Application · Technology

No material change from last week — platforms where agents expand contract value (ServiceNow, Snowflake) are re-rated upward, while tools where agents substitute human users (Adobe Creative..

What this means for $ASAN

Partial — Cloud work-management platform helping enterprise teams plan, track, and coordinate cross-functional projects; the AI agent bifurcation — contract expansion vs. user substitution is a secondary rather than primary near-term earnings catalyst.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-12.9%YTD
-16.6%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-11.4How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-56.5%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-24.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
6.3%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.3Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-92.8%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
88.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
1.8Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 28, 2026$0.10$0.08+25.0%
Q4 2025Mar 2, 2026$0.08$0.07+14.3%
Q3 2025Dec 2, 2025$0.07$0.06+12.9%
Q2 2025Sep 3, 2025$0.06$0.05+20.0%
Next earningsWed, Sep 2·consensus EPS $0.09

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY27$205.1M+9.5%87.6%-7.2%$-0.06$37.4M
Q4 FY26$205.6M+9.2%87.8%-31.5%$-0.14$26.4M
Q3 FY26$201.0M+9.3%88.9%-34.8%$-0.29$15.5M
Q2 FY26$196.9M+9.9%89.7%-25.1%$-0.20$38.5M

Forward consensus

5-year forecast · up to 11 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$790.4M$785.9M – $795.6M$0.26$0.25 – $0.268
FY27$860.8M$859.4M – $863.1M$0.37$0.36 – $0.3811
FY28$929.2M$924.1M – $935.4M$0.47$0.44 – $0.5011
FY29$1.0B$1.0B – $1.0B$0.59$0.55 – $0.628
FY30$1.1B$1.1B – $1.1B$0.63$0.63 – $0.644

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.1×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.22%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+8.1%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-20.5%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 131.2M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today4.4% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.965-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJun 30Rogers Daniel MarkCEO13.8K sh$95KSellJun 26Colendich Katie MarieGC, Corporate Secretary5.2K sh$35KSellJun 24Aziz MegjiCFO13.2K sh$89KSellJun 24Colendich Katie MarieGC, Corporate Secretary8.3K sh$56KSellJun 22Aziz MegjiCFO31.7K sh$211KSellJun 22Colendich Katie MarieGC, Corporate Secretary7.6K sh$51KSellJun 22Veronica SosaChief Accounting Officer11.4K sh$76KSellJun 22Rogers Daniel MarkCEO27.0K sh$180KSellMar 27Aziz MegjiCFO30.6K sh$187KSellMar 25Colendich Katie MarieGC, Corporate Secretary5.0K sh$32K
1–10 of 16
+ 20 other (17 awards · 2 gifts · 1 conversion) in window

See when $ASAN insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KShareholder voteJun 128-K — Item 5.07: Shareholder vote
AI summary

Asana, Inc. held its 2026 Annual Meeting on June 8, 2026. Shareholders elected Class III directors Krista Anderson-Copperman (747M for), Sydney Carey (753M for), and Dan Rogers (785M for) to serve until 2029; ratified PricewaterhouseCoopers LLP as auditor (830.6M for); and approved Say-on-Pay (745M for). All proposals passed with strong support — routine annual governance filing for the work-management SaaS platform.

8-KOfficer or director changeApr 208-K — Item 5.02: Officer or director change
AI summary

Asana, Inc. (ASAN) filed an 8-K under Item 5.02 disclosing a change in its executive leadership or board composition. The filing reports both a departure and an appointment in CTO. Individuals named in the filing include Its Charter, Other Jurisdiction. Leadership changes at the C-suite and board level are material events requiring 8-K disclosure within four business days, as they can affect company strategy, investor confidence, and operational continuity.

3New insider — initial holdingsMar 313
3New insider — initial holdingsMar 133
8-KOfficer or director changeMar 138-K — Item 5.02: Officer or director change
8-K/AOfficer or director change (amended)Mar 28-K/A — Item 5.02: Officer or director change
8-KOfficer or director changeMar 28-K — Item 5.02: Officer or director change
+ 12 other (4 13Gs · 2 proxys · 1 10-Q · 1 earnings 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Here's Why You Shouldn't Buy the Asana Dipfool.com·10d agoNorway wealth fund enters strategic partnership with Asana Partners in the USreuters.com·11d agoAsana Achieves FedRAMP® Moderate Authorization for Asana Govbusinesswire.com·24d agoAsana, Inc. (ASAN) Discusses Strategy and Innovation in AI-Driven Workflow Automation Transcriptseekingalpha.com·39d agoWhich of These 3 Software Stocks Is Most Likely to Be Acquired in 2026?247wallst.com·44d ago

In themes

Explore the broader themes this ticker is being talked about under.

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Voices on X · last 7 days

No standout posts about $ASAN on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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