ASAN Stock Summary and Trading Ideas (Asana Class A | NYSE:ASAN)

Asana Inc is the system of action for work, built for the Agentic Enterprise. It provides a comprehensive solution where humans and AI agents can collaborate effectively so that individuals work smarter, teams move faster, and organizations deliver results. Companies use Asana to connect their work to company goals and orchestrate mission-critical workflows like product launches, employee onboarding, resource planning, tracking company-wide strategic initiatives and more. It manages its operations and allocates resources as a single operating and reportable segment. The company generates revenues from subscriptions from paying customers accessing its cloud-based platform.

Asana Class A trades on the NYSE stock market under the symbol ASAN.

As of September 28, 2026, ASAN stock price declined to $8.64 with 8,074,105 million shares trading.

ASAN has a beta of 1.08, meaning it tends to be more sensitive to market movements. ASAN has a correlation of 0.05 to the broad based SPY ETF.

ASAN has a market cap of $1.99 billion. This is considered a Small Cap stock.

Last quarter Asana Class A reported $216 million in Revenue and $.10 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.05.

In the last 3 years, ASAN traded as high as $27.77 and as low as $5.38.

The top ETF exchange traded funds that ASAN belongs to (by Net Assets): VTI, VGT, IWM, VB, SKYY.

ASAN has underperformed the market in the last year with a price return of -38.2% while the SPY ETF gained +17.5%. However, in the short term, ASAN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +35.2% vs +4.5% return in SPY. But in the last 2 weeks, ASAN shares have been beat by the market, returning -1.5% compared to an SPY return of +0.4%.

ASAN support price is $8.65 and resistance is $9.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASAN shares will trade within this expected range on the day.