Fintel reports that on January 15, 2026, Citigroup upgraded their outlook for Asana (NYSE:ASAN) from Neutral to Buy.
Analyst Price Forecast Suggests 41.08% Upside
As of January 14, 2026, the average one-year price target for Asana is $16.11/share. The forecasts range from a low of $10.10 to a high of $23.10. The average price target represents an increase of 41.08% from its latest reported closing price of $11.42 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Asana is 949MM, an increase of 22.64%. The projected annual non-GAAP EPS is -0.66.
What is the Fund Sentiment?
There are 426 funds or institutions reporting positions in Asana. This is an decrease of 10 owner(s) or 2.29% in the last quarter. Average portfolio weight of all funds dedicated to ASAN is 0.05%, an increase of 10.00%. Total shares owned by institutions increased in the last three months by 1.48% to 81,131K shares. 
The put/call ratio of ASAN is 0.65, indicating a bullish outlook.
What are Other Shareholders Doing?
D. E. Shaw holds 7,033K shares representing 4.46% ownership of the company. In its prior filing, the firm reported owning 3,948K shares , representing an increase of 43.87%. The firm increased its portfolio allocation in ASAN by 40.38% over the last quarter.
Voya Investment Management holds 4,923K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 5,575K shares , representing a decrease of 13.23%. The firm decreased its portfolio allocation in ASAN by 12.33% over the last quarter.
Arrowstreet Capital, Limited Partnership holds 4,649K shares representing 2.95% ownership of the company. In its prior filing, the firm reported owning 4,161K shares , representing an increase of 10.50%. The firm decreased its portfolio allocation in ASAN by 1.35% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 3,060K shares representing 1.94% ownership of the company. In its prior filing, the firm reported owning 2,673K shares , representing an increase of 12.64%. The firm decreased its portfolio allocation in ASAN by 5.37% over the last quarter.
IWM - iShares Russell 2000 ETF holds 2,324K shares representing 1.48% ownership of the company. In its prior filing, the firm reported owning 2,160K shares , representing an increase of 7.04%. The firm increased its portfolio allocation in ASAN by 0.63% over the last quarter.
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