ASAN

HoldHot Air

Asana, Inc. · Technology · United States · $2.8B cap · $81.6M/day traded

$12.01 -0.1% · close 26 Oct · scored 27 Oct

StockRank down 1.5 since 24 Oct: Value down 3.

Hot Air: Rising on momentum alone: weak business, rich price.

40
StockRank
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Report expected 2 Dec: the next-year EPS estimate has fallen 3.3% over the last 14 weeks.

Quality
35
Value
29
Momentum
67

As of 27 Oct 2026, MoatMap's StockRank for Asana, Inc. (ASAN) is 40/100, ranked against 24,000+ stocks in 35 markets (Quality 35, Value 29, Momentum 67, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 32.5x
ROE
-93.8%
peers 4.9%
D/E
2.5x
peers 0.3x
Dividend %
—
trailing yield

ABOUT ASANA, INC.

Read

Asana, Inc. develops and markets a work management platform designed to help teams organize, track, and manage their work effectively. Its user-friendly interface and robust feature set foster strong adoption and collaboration across various industries, creating network effects within organizations. Asana is a prominent player in the work management and project collaboration software market, serving businesses of all sizes.

FINANCIAL SUMMARY (USD)

Year2023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue547.2M652.5M723.9M790.8M13.1%828.1M861.6M929.3M8.4%
EPS-2.04-1.17-1.11-0.80—-0.66———
Shares214.3M224.7M232.9M237.9M+11.0%————
Debt271.5M277.9M263.1M249.4M-2.8%258.3M———
Equity356.6M326.4M227.5M154.1M-24.4%————
Op CF-160.1M-17.9M14.9M90.4M505.4%130.1M———
Inv CF64.5M-289.1M-6.1M37.2M—————
Fin CF381.4M16.8M-58.1M-117.9M—————
Loading 1Y...
PRICE (1Y) · USD+26.4%
8.29.210.111.112.015 Sep6 Oct26 Oct
SMA 50SMA 200

Price checkTurning upExperimental

123% above its 52-week low and back above a rising 50-day average since 7 Oct 2026.

SwingsVery bumpy

Swung more than 81% of stocks we rank over the past year (67% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$12.01
RSI (14)
81.1
52-Week Range-21.4% from high
Low $5.38High $15.28

SCORE BREAKDOWN

Quality
35
ROIC
-43.3%4.2
ROE
-93.8%2.9
GP/Assets
85.9%97.8
Op. Margin
-19.0%12.5
FCF/Assets
14.0%88.4
Piotroski
419.6
Int. Cover
-50.0x2.5
D/E Ratio
2.48x2.8
Current Ratio
0.92x7.7
Value
29
P/E (TTM)
—N/A
EV/EBITDA
-24.3x25.0
P/FCF
23.3x54.2
P/B
26.6x2.5
P/S
3.3x43.5
Div Yield
—N/A
Momentum
67
52W High %
79%73.9
RS 6M
86%95.6
SMA 50/200
1.19x84.7
EPS Rev 4W
0.0%55.1
EPS Rev 12W
-3.3%13.5
EPS Improve
+169%75.8
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$2.8B
P/E (Forward)
26.4x
Gross Margin
87.6%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of ASAN are excluded.

TickerCompanyMkt CapStockRankSignal
ASANAsana, Inc.(you)$2.8B40Hold
360.AXLife360, Inc.$3.7B40Hold
BULLWebull Corporation$3.0B45Hold
VERXVertex, Inc.$2.5B32Sell
PDFSPDF Solutions, Inc.$1.7B41Hold
WLTHWealthfront Corporation$1.7B38Hold
VIAVia Transportation, Inc.$3.1B31Sell
BLBlackLine, Inc.$2.0B46Hold
AMPLAmplitude, Inc.$2.3B49Hold
FSLYFastly, Inc.$3.9B47Hold

Peer medians: ROE 4.9% · P/E 32.5x · Gross margin 52.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Asana, Inc. (ASAN): Stock Score Summary

Asana, Inc. (ASAN) has a MoatMap StockRank of 40/100 based on Quality (35/100), Value (29/100), and Momentum (67/100) factor scores. The current signal is HOLD.

Asana, Inc. develops and markets a work management platform designed to help teams organize, track, and manage their work effectively. Its user-friendly interface and robust feature set foster strong adoption and collaboration across various industries, creating network effects within organizations. Asana is a prominent player in the work management and project collaboration software market, serving businesses of all sizes.

Key Financial Metrics

Price$12.01
Market Cap$2.8B
P/E (Forward)26.43
Price/Book26.59
Return on Equity-93.8%
Return on Invested Capital-43.3%
Debt/Equity2.48x
Gross Margin87.6%
Operating Margin-19.0%
Revenue Growth9.9%
Free Cash Flow$118M

Asana, Inc. operates in the Software - Application industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Asana, Inc.’s (ASAN) StockRank?
MoatMap’s StockRank for Asana, Inc. (ASAN) is 40/100, with a Hold signal. It is a composite of Quality (35), Value (29), and Momentum (67), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Asana, Inc. have an economic moat?
Asana, Inc. (ASAN) has a Quality factor score of 35/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Asana, Inc. a buy, hold, or sell?
MoatMap’s current signal for Asana, Inc. (ASAN) is Hold, based on a StockRank of 40/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Asana, Inc. in?
Asana, Inc. (ASAN) operates in the Technology sector, specifically the Software - Application industry (United States).