Weekly Investment Analysts’ Ratings Updates for Asana (ASAN)

A number of research firms have changed their ratings and price targets for Asana (NYSE: ASAN):

• 5/29/2026 – Asana had its “neutral” rating reaffirmed by UBS Group AG. They now have a $8.00 price target on the stock.
• 5/29/2026 – Asana had its price target raised by Royal Bank Of Canada from $7.00 to $8.00. They now have a “sector perform” rating on the stock.
• 5/29/2026 – Asana had its “neutral” rating reaffirmed by DA Davidson. They now have a $8.00 price target on the stock.
• 5/29/2026 – Asana had its “market outperform” rating reaffirmed by Citigroup Inc..
• 5/29/2026 – Asana had its price target lowered by Citigroup Inc. from $13.00 to $11.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Asana had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $15.00 price target on the stock.
• 5/29/2026 – Asana had its price target lowered by KeyCorp from $15.00 to $13.00. They now have an “overweight” rating on the stock.
• 5/29/2026 – Asana had its price target lowered by Morgan Stanley from $8.00 to $7.00. They now have an “underweight” rating on the stock.
• 5/8/2026 – Asana had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 4/19/2026 – Asana was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 4/14/2026 – Asana had its “neutral” rating reaffirmed by Piper Sandler. They now have a $7.00 price target on the stock, down from $9.00.
• 4/14/2026 – Asana was downgraded by Piper Sandler from “overweight” to “neutral”. They now have a $7.00 price target on the stock, down from $9.00.

Insider Activity at Asana

In other Asana news, CFO Sonalee Elizabeth Parekh sold 34,151 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $6.65, for a total value of $227,104.15. Following the transaction, the chief financial officer directly owned 933,998 shares in the company, valued at $6,211,086.70. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Veronica Sosa sold 6,479 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $6.65, for a total transaction of $43,085.35. Following the completion of the transaction, the chief accounting officer owned 73,722 shares in the company, valued at $490,251.30. This represents a 8.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 62,922 shares of company stock worth $417,870 over the last quarter. 61.28% of the stock is currently owned by insiders.

Asana, Inc (NYSE: ASAN) is a leading provider of work management and collaboration software designed to help teams organize, track and manage their work. Founded in 2008 by Dustin Moskovitz and Justin Rosenstein, Asana’s platform enables users to create projects, assign tasks, set deadlines and visualize progress across diverse workflows. The company’s cloud-based solution includes customizable project templates, timeline views, boards and automated rules that streamline routine processes and reduce manual effort.

Built for both small teams and large enterprises, Asana supports integrations with a wide array of third-party applications, including communication tools, file-sharing services and DevOps platforms.