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Added to YB: 2025-03-13

Pitch date: 2025-03-11

ASAN [neutral]

Asana, Inc.

+11.33%

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

$12.89

Price Target

N/A

Dividend

N/A

EV/EBITDA

-20.26

P/E

-15.66

EV/Sales

4.20

Sector

Software

Category

N/A

Show full summary:
TRADE ALERT: Sell Asana; Thesis Broke Down

ASAN sell: CEO exit & weak guidance signal thesis breakdown. 10% FY26 growth, 74x fwd FCF multiple too high. AI potential unclear, 15% mkt cap in cash. Turnaround hopes dashed by leadership vacuum & market skepticism. Preserve capital, exit position despite market weakness.

Read full article (4 min)