The new price target reflects a valuation based on 5.1 times the estimated 2026 enterprise value to gross profit, representing a slight discount to peers due to Asana’s slower revenue growth.

The firm says that since its downgrade, LivaNova's valuation has compressed ... Morgan Stanley downgraded Asana (ASAN) to Underweight from Equal Weight with an unchanged price target of $14.

Analysts are intrested in these 5 stocks: ( ($SINGF) ), ( ($NTNX) ), ( ($ASAN) ), ( ($TGT) ) and ( ($HPE) ). Here is a ...

A significant factor in the latest developments was a low-teens percentage downgrade ... reflects a valuation based on 5.1 times the estimated 2026 enterprise value to gross profit, representing a ...

Valuation was another key concern. Morgan Stanley noted that Asana trades at 5x EV/CY26 Saleson par with peersbut argued the multiple is too rich considering its lower margin profile and more ...

Shares of Asana dropped 12% in premarket trading Wednesday, a day after the work management software maker warned that its ...

The analysts also cast doubt on Asana's fiscal 2026 outlook, calling it overly optimistic given broader macroeconomic pressures, including tech layoffs and delayed adoption of its AI Studio. Valuation ...

Asana (NYSE:ASAN) announced its Q1 FY2026 results on June 3, 2025, achieving its first non-GAAP operating profit and delivering revenue of $187.3 million. Revenue for the software developer focused on ...

For deeper insights into Asana’s valuation and over 30 key financial metrics, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

Q1 2026 Earnings Conference Call June 3, 2025 4:30 PM ETCompany ParticipantsAnne Raimondi - COO & Head of BusinessDustin A.

For deeper insights into Asana’s valuation and over 30 key financial metrics, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers. For the ...

Anne Raimondi, COO, reported, "The number of customer net adds from the 100,000-plus cohorts grew 20% year-over-year, same as last quarter." She emphasized strategic renewal wins and international ...