Fintel reports that on April 1, 2026, RBC Capital upgraded their outlook for Asana (NYSE:ASAN) from Underperform to Sector Perform.
Analyst Price Forecast Suggests 67.63% Upside
As of March 27, 2026, the average one-year price target for Asana is $10.61/share. The forecasts range from a low of $6.57 to a high of $15.75. The average price target represents an increase of 67.63% from its latest reported closing price of $6.33 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Asana is 1,029MM, an increase of 30.12%. The projected annual non-GAAP EPS is -0.90.
What is the Fund Sentiment?
There are 253 funds or institutions reporting positions in Asana. This is an decrease of 169 owner(s) or 40.05% in the last quarter. Average portfolio weight of all funds dedicated to ASAN is 0.03%, an increase of 48.04%. Total shares owned by institutions increased in the last three months by 3.13% to 82,764K shares. 
The put/call ratio of ASAN is 0.72, indicating a bullish outlook.
What are Other Shareholders Doing?
D. E. Shaw holds 6,656K shares representing 4.10% ownership of the company. In its prior filing, the firm reported owning 7,033K shares , representing a decrease of 5.66%. The firm decreased its portfolio allocation in ASAN by 5.68% over the last quarter.
Arrowstreet Capital, Limited Partnership holds 5,215K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 4,649K shares , representing an increase of 10.85%. The firm increased its portfolio allocation in ASAN by 6.92% over the last quarter.
Voya Investment Management holds 4,838K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 4,923K shares , representing a decrease of 1.76%. The firm decreased its portfolio allocation in ASAN by 0.41% over the last quarter.
Goldman Sachs Group holds 2,792K shares representing 1.72% ownership of the company. In its prior filing, the firm reported owning 1,815K shares , representing an increase of 35.00%. The firm increased its portfolio allocation in ASAN by 59.09% over the last quarter.
Marshall Wace, Llp holds 2,653K shares representing 1.64% ownership of the company. No change in the last quarter.
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