Once upon a time, horse-drawn carriages were the primary means of transportation for those who did not ride horses themselves.
Asana, Inc. trades at a steep discount to SaaS peers, with a P/S ratio of 4.4x versus higher-growth competitors. ASAN's operational efficiency is improving, with non-GAAP gross margins near 90% and positive free cash flow of $65M TTM. AI-driven product initiatives, including AI Teammates and Smart Workflows, position ASAN to enhance stickiness and pricing power.
Asana, Inc. (ASAN) Presents at Barclays 23rd Annual Global Technology Conference Transcript
Asana remains a hold as revenue growth continues decelerating and forward indicators show no imminent recovery. Enterprise traction is evident, with >$100k customer cohort growing 15% y/y, but SMB top-of-funnel weakness appears structural. Retention rates are stabilizing, and self-serve AI features could widen adoption, yet billings softness clouds near-term outlook.
Asana, Inc. ( ASAN ) UBS Global Technology and AI Conference 2025 December 3, 2025 4:55 PM EST Company Participants Sonalee Parekh - CFO and Head of Finance Aziz Megji Conference Call Participants Taylor McGinnis - UBS Investment Bank, Research Division Presentation Taylor McGinnis UBS Investment Bank, Research Division Okay. Hello, everyone.
Asana, Inc. (ASAN) Q3 2026 Earnings Call Transcript
Asana, Inc. (ASAN) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to a loss of $0.02 per share a year ago.
Asana, Inc. (NYSE:ASAN ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 3:30 PM EDT Company Participants Sonalee Parekh - CFO and Head of Finance Aziz Megji Conference Call Participants Steven Enders - Citigroup Inc., Research Division Unknown Attendee Presentation Steven Enders Research Analyst Thanks. We can get started.
Asana, Inc. (NYSE:ASAN ) Q2 2026 Earnings Call September 3, 2025 4:30 PM EDT Company Participants Eva Leung - Head of Investor Relations Dustin Moskovitz - Co-Founder & Chair Daniel Rogers - CEO & Director Anne Raimondi - COO & Head of Business Sonalee Parekh - CFO and Head of Finance Conference Call Participants Brent Bracelin - Piper Sandler & Co., Research Division Aleksandr Zukin - Wolfe Research, LLC Steven Enders - Citigroup Inc., Research Division Matthew Bullock - BofA Securities, Research Division Rishi Jaluria - RBC Capital Markets, Research Division Lucky Schreiner - D.A. Davidson & Co., Research Division Kincaid LaCorte Jackson Ader - KeyBanc Capital Markets Inc., Research Division Josh Baer - Morgan Stanley, Research Division Sang-Jin Byun - Jefferies LLC, Research Division Taylor McGinnis - UBS Investment Bank, Research Division Presentation Operator Thank you for standing by, and welcome to Asana's Second Quarter and Fiscal Year 2026 Earnings Conference Call.
Insider buying has been slow this month, as buy windows close ahead of the new earnings-reporting season.
CSW, ASAN, and others show rising P/E trends -- suggesting breakout potential backed by strong earnings surprises.
Despite disappointing Q1 guidance and a stock plunge, I maintain my buy rating as Asana's fundamentals remain intact and valuation is now more attractive. Asana's multi-year enterprise deals, including a $100M contract, demonstrate unique value and long-term revenue visibility, even as near-term growth lags competitors like Monday. Operational improvements, positive non-GAAP margins, and a new CEO with a strong SaaS track record position Asana for future profitability and strategic execution.