Asana (ASAN) Projected to Release Quarterly Earnings on Tuesday

Asana (NYSE:ASAN) is expected to announce its Q3 2026 results after the market closes on Tuesday, December 2nd. Analysts expect the company to announce earnings of $0.06 per share and revenue of $198.7810 million for the quarter. Asana has set its Q3 2026 guidance at 0.060-0.070 EPS. FY 2026 guidance at 0.230-0.250 EPS.Individuals can find conference call details on the company’s upcoming Q3 2026 earningreport page for the latest details on the call scheduled for Tuesday, December 2, 2025 at 4:30 PM ET.

Asana (NYSE:ASAN) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.25). Asana had a negative net margin of 27.50% and a negative return on equity of 83.88%. The business had revenue of $196.94 million during the quarter, compared to analysts’ expectations of $193.01 million. During the same period last year, the company earned ($0.05) EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, analysts expect Asana to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Asana Trading Up 0.2%

Shares of ASAN opened at $12.18 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Asana has a 1-year low of $11.58 and a 1-year high of $27.77. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of -13.69 and a beta of 1.05. The firm has a 50 day simple moving average of $13.70 and a 200-day simple moving average of $14.42.

Insider Activity at Asana

In related news, Director Justin Rosenstein sold 13,701 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $14.95, for a total transaction of $204,829.95. Following the completion of the transaction, the director owned 1,068,846 shares of the company’s stock, valued at approximately $15,979,247.70. This represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Anne Raimondi sold 28,026 shares of Asana stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $14.17, for a total transaction of $397,128.42. Following the completion of the transaction, the chief operating officer owned 862,469 shares in the company, valued at approximately $12,221,185.73. This trade represents a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,427,928 shares of company stock worth $36,497,981. 61.28% of the stock is owned by company insiders.

Institutional Investors Weigh In On Asana

A number of institutional investors have recently added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. raised its holdings in shares of Asana by 17.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,794,103 shares of the company’s stock worth $23,969,000 after purchasing an additional 263,251 shares during the period. Sender Co & Partners Inc. acquired a new stake in Asana during the 3rd quarter worth approximately $173,000. PharVision Advisers LLC raised its holdings in Asana by 61.2% in the third quarter. PharVision Advisers LLC now owns 16,314 shares of the company’s stock valued at $218,000 after buying an additional 6,191 shares during the period. XTX Topco Ltd purchased a new position in Asana in the third quarter valued at approximately $1,004,000. Finally, Voleon Capital Management LP acquired a new position in Asana during the third quarter valued at approximately $370,000. Hedge funds and other institutional investors own 26.21% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on ASAN. Piper Sandler reissued an “overweight” rating and set a $19.00 price target on shares of Asana in a research report on Thursday, September 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Asana in a research note on Wednesday, October 8th. Morgan Stanley upped their target price on shares of Asana from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Thursday, September 4th. Robert W. Baird lifted their price target on shares of Asana from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, September 4th. Finally, Wall Street Zen lowered shares of Asana from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, Asana currently has a consensus rating of “Hold” and a consensus price target of $16.10.

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.