Asana Likely To Report Wider Quarterly Loss; Here's A Look At Recent Price Target Changes By The Most Acc

Asana, Inc. (NYSE:ASAN) is scheduled to release its financial results for the latest quarter after the closing bell on March 8, 2023.

Analysts expect the company to post a quarterly loss at $0.27 per share, wider than the $0.25 per share loss recorded in the year-ago period. The company’s revenue might come in at $145.07 million.

Asana shares rose 1.5% to close at $17.48 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Piper Sandler analyst Brent Bracelin maintained a Neutral rating and cut the price target from $16 to $13 on Jan. 9, 2023. This analyst sees over 25% downside in the company’s stock and has an accuracy rate of 77%.
JMP Securities analyst Patrick Walravens maintained a Market Outperform rating on Jan. 9, 2023, and slashed the price target of $28 to $21. This analyst sees around 20% upside in the company’s stock and has an accuracy rate of 64%.
Jefferies analyst Brent Thill maintained a Hold rating and cut the price target from $18 to $15 on Jan. 6, 2023. This analyst sees around 14% downside in the company’s stock and has an accuracy rate of 74%.
Baird analyst Rob Oliver downgraded the stock from Outperform to Neutral and cut the price target from $32 to $15 on Dec. 2, 2022. This analyst sees around 14% downside in the company’s stock and has an accuracy rate of 74%.

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ASANAsana Inc

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Asana Likely To Report Wider Quarterly Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts