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Added to YB: 2025-10-17

Pitch date: 2025-08-27

ASAN [bearish]

Asana, Inc.

+0.9%

current return

Author Info

No bio for this author

Company Info

Asana, Inc., together with its subsidiaries, operates a work management software platform for individuals, team leads, and executives in the United States and internationally.

Market Cap

$3.5B

Pitch Price

$14.48

Price Target

7.20 (-50%)

Dividend

N/A

EV/EBITDA

-20.26

P/E

-15.66

EV/Sales

4.20

Sector

Software

Category

N/A

Show full summary:
Asana, Inc. - $ASAN (short)

ASAN short: 4.3x EV/sales overvalued as work mgmt disrupted by AI. CAC $36K vs $4K ARPU unsustainable; retention fell 120%→95%. Losing share to Monday.com. AI pivot needed but tech giants offer superior end-to-end solutions. 2.5yr cash runway, negative margins. Target 2x EV/sales = ~50% downside.

Read full article (6 min)