Expectations trend
FY2028 · fiscal year ending 2028-01-31 · fmp
Asana, Inc. (ASAN)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$11.17-4.04%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.45 → 0.45 EPS · FY ending Jan 31, 2028 · 7 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 7 to 7; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for ASAN yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Increase stock repurchase program by $160 million | A supporting condition in Asana, Inc.'s published investment case. The stated target is Maintain or increase share repurchase program by at least $160 million. | Intact | Stock repurchase program is reduced or canceled | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-01-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Dec 1, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a growth business with a path-to-profitability thesis, not an established profitable compounder. The multi-year view is in a watch state: revenue and product priorities are progressing, while recent performance and leadership changes add uncertainty.
The valuation signal is cheap versus peers, but the model has low confidence and the expectations gap is negative. The evidence does not show that the market expects a major recovery, and the low fragility reading means no specific fragility warning is active.
Near term, revenue growth has been steady and slightly above management’s stated range, while GAAP losses have narrowed but remain losses. Management is advancing AI products, though their direct revenue contribution is not reported; the recent earnings miss and performance below the industry cohort temper the progress.
Over the next few quarters, the key company-specific test is whether guidance holds and the business continues moving toward management’s FY 2027 profitability goal. A guidance cut would weaken the thesis, while easing rates and stabilization among major technology peers could improve the sector backdrop.
For the next 1 to 3 years, ASAN’s thesis has support from revenue growth and product expansion, but profitability remains unproven and recent execution is a concern. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The company is improving profit margins and aims to reach positive net income per share in fiscal 2027. |
| Improving |
| Non-GAAP net income per share remains below $0.37 in FY 2027 |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth of 8.2% to 9.2% for fiscal year 2027 | A primary condition in Asana, Inc.'s published investment case. The stated target is >= $855.5 million revenue for FY 2027. | Intact | Revenue falls below $855 million in FY 2027 | Revenue: $216.429M FY2027-Q2; GAAP. Published target: >= $855.5 million revenue for FY 2027. Annual target cannot be compared with a quarterly or TTM observation. Sep 3, 2026216,429,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Second Quarter Fiscal 2027 Financial Highlights • Revenues: Revenues were $216.4 million, an increase of 10% year over year.” “First Quarter Fiscal 2027 Financial Highlights • Revenues: Revenues were $205.1 million, an increase of 9.5% year over year.” Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.47 → $0.45 · observed estimates
$0.93B → $0.93B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.47 | $929,174,025 | 7 / 11 |
| 2026-07-25 | $0.47 | $929,174,025 | 7 / 11 |
| 2026-07-26 | $0.47 | $929,174,025 | 7 / 11 |
| 2026-07-27 | $0.47 | $929,174,025 | 7 / 11 |
| 2026-07-28 | $0.47 | $929,174,025 | 7 / 11 |
| 2026-07-29 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-07-30 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-07-31 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-01 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-02 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-03 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-04 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-05 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-06 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-07 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-08 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-09 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-10 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-11 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-12 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-13 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-14 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-15 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-16 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-17 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-18 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-19 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-20 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-21 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-22 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-23 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-24 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-25 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-26 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-27 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-28 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-29 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-30 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-08-31 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-09-01 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-09-02 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-09-03 | $0.47 | $929,176,625 | 7 / 11 |
| 2026-09-04 | $0.46 | $929,648,919 | 7 / 11 |
| 2026-09-05 | $0.45 | $929,301,644 | 7 / 11 |
| 2026-09-06 | $0.45 | $929,301,644 | 7 / 11 |
| 2026-09-07 | $0.45 | $929,301,644 | 7 / 11 |
| 2026-09-08 | $0.46 | $928,894,619 | 7 / 11 |
| 2026-09-09 | $0.46 | $928,894,619 | 7 / 11 |
| 2026-09-10 | $0.45 | $929,368,311 | 7 / 10 |
| 2026-09-11 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-12 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-13 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-14 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-15 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-16 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-17 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-18 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-19 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-20 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-21 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-22 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-23 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-24 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-25 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-26 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-27 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-28 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-29 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-09-30 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-10-01 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-10-02 | $0.45 | $929,368,311 | 7 / 11 |
| 2026-10-03 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-04 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-05 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-06 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-07 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-08 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-09 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-10 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-11 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-12 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-13 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-14 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-15 | $0.45 | $929,366,511 | 7 / 11 |
| 2026-10-16 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-17 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-18 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-19 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-20 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-21 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-22 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-23 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-24 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-25 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-26 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-27 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-28 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-29 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-30 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-10-31 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-11-01 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-11-02 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-11-03 | $0.45 | $929,367,844 | 7 / 11 |
| 2026-11-04 | $0.45 | $929,367,844 | 7 / 11 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 5 Buy / Strong Buy · 8 Hold · 2 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.