Among 13 analysts polled, Asana has a « buy » rating. Also, the consensus of 13 analysts for a 12-month median price target stands around $95, implying an upside potential of over 45% from current levels.
Similarly, Why is asana stock down?
Why Asana Stock Plummeted 27% in March
The enterprise-software company’s share price plummeted following the release of its fourth-quarter earnings report.
Is Asan overvalued? ASAN stock is relatively overvalued based on its price-book ratio (40x) compared to the U.S. Software industry average (4.2x). Analysts expect average EPS of -96 cents, -98 cents and -80 cents for 2022, 2023, and 2024 respectively.
Thereof, How many shares of Asana are there?
Share Statistics
| Avg Vol (3 month) 3 | 5.39M |
|---|---|
| Shares Outstanding 5 | 103.67M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 71.38M |
| % Held by Insiders 1 | 31.11% |
How high will ASAN go?
The 13 analysts offering 12-month price forecasts for Asana Inc have a median target of 55.00, with a high estimate of 88.00 and a low estimate of 32.00. The median estimate represents a +25.48% increase from the last price of 43.83.
Is Asana buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Who is Asana owned by?
It is produced by the San Francisco based company of the same name ( Asana, Inc. ). The company was founded in 2008 by Dustin Moskovitz and Justin Rosenstein.
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Asana (software)
| Type | Public |
|---|---|
| Founder | Dustin Moskovitz Justin Rosenstein |
| Headquarters | San Francisco, California , US |
| Key people | Dustin Moskovitz (CEO) |
| Revenue | $227 million (2021) |
What is Nvda target price?
The shares of NVIDIA Corporation (NASDAQ: NVDA) have received a $280 price target from New Street.
Is Asana a small cap?
The stock is reasonably valued, and given Asana’s still small absolute market cap, it has a high likelihood of becoming a multibagger. Buy the stock before others do.
Why is Asana not profitable?
Asana will have to innovate and expand its product offerings to capture a larger slice of the market opportunity. Asana is currently not profitable. The company’s burning a significant amount of cash investing in innovation and expansion, spending far more than than its sales are bringing in.
Is Asana a good company?
The employee experience below at Asana, compared to a typical company. 96% of employees at Asana say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.
Does Asana make money?
Asana has also not yet posted a net profit since launching in 2008. In the fiscal year 2020, its net loss more than doubled year-on-year to $118.6 million. Its revenue did rise in the same period by 85.5%, up to $142.6 million.
Is Nvidia a buy or sell?
Solid Rank & Growth Score: NVIDIA currently carries a Zacks Rank #1 (Strong Buy) and has a Growth Score of B. Our research shows that stocks with a Growth Score of A or B, when combined with a Zacks Rank #1 or #2 (Buy), offer the best investment opportunities for investors.
How much will Nvidia stock be worth in 5 years?
The next five years could make investors richer
Nvidia stock has traded at an average forward earnings multiple of 40 in the past five years. Assuming a similar multiple for the next five years and the projected earnings calculated above, Nvidia’s stock price could hit $800.
Is Nvidia undervalued?
NVIDIA is not undervalued in the context of the present value of the potential future FCF flow volume. The free cash flow that NVIDIA generates for every dollar of its capitalization is about 1%. This is lower than the US 10-year treasury yield.
Why is Asana stock increasing?
Key Points. Asana stock is gaining thanks to market momentum and a recent SEC filing.
How long has Asana been around?
The company was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.
Is Asana a good investment?
Among 13 analysts polled, Asana has a “buy” rating. Also, the consensus of 13 analysts for a 12-month median price target stands around $95, implying an upside potential of over 45% from current levels.
How much cash does Asana have?
Asana cash on hand for 2021 was $0.386B , a 9.95% increase from 2020. Asana cash on hand for 2020 was $0.351B, a INF% increase from 2019. Asana cash on hand for 2019 was $0B, a NAN% decline from 2019.
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Compare ASAN With Other Stocks.
| Asana Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2019 | $ |
| 2019 | $ |
Is Asana a big company?
Rivals like Trello and Basecamp boast many of the same capabilities, but 35,000 paying companies prefer Asana’s version, and thanks to them Asana’s revenue is growing by 80 percent a year. Sales reached an estimated $60-$90 million in 2017, yielding a $900 million valuation in its latest funding round.
How many companies are using Asana?
1120 companies reportedly use Asana in their tech stacks, including Uber, Airbnb, and Pinterest.
What are benefits of Asana?
All sitting asanas provide flexibility to the hips, knees, ankles and the muscles of the groin. These poses are naturally more relaxing as you are closer to the earth, providing a restful feeling and breathing smoother and easier. Sitting asana keep the spine steady, provide stability of the body and pacify the mind.
Whats it like to work at Asana?
96% of employees at Asana say it is a great place to work
At Asana, we treat our culture like a product. We design and build culture in the same way that we design and build our software, with intentionality and constant iteration based on learnings and employee feedback.
Is Asana owned by Google?
The Google and Facebook alums who co-founded Asana decided on values first and a product second. A couple of years ago, Dustin Moskovitz, the co-founder and CEO of Asana, opened a meeting in a way that, at most companies, would have come across as downright passive-aggressive.
What kind of company is Asana?
Asana made its public debut through a direct listing with ticker ASAN. Based in San Francisco, Asana is a project management software company founded by ex-Facebookers.
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