Stocktoria
Asana, Inc. ASAN
Asana, Inc. (ASAN) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2026 revenue was $790.8M at a -23.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.91 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.109 |
| Retained earnings / assets | -2.547 |
| EBIT / assets | -0.234 |
| Equity / liabilities | 0.223 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ASAN | Asana, Inc. | 4/9 | -8.92 | — | +9.2% |
| QTWO | Q2 Holdings, Inc. | 6/9 | -0.16 | 57.7 | +14.1% |
| COUR | Coursera, Inc. | 5/9 | 1.89 | — | +9% |
| BAND | Bandwidth Inc. | 5/9 | 0.7 | — | +0.7% |
| SPSC | SPS COMMERCE INC | 6/9 | 8.11 | 23.2 | +17.8% |
| VERX | Vertex, Inc. | 7/9 | 0.09 | 267.9 | +12.2% |
| BRZE | Braze, Inc. | 3/9 | -0.77 | — | +24.4% |
About Asana, Inc.
Asana, Inc., together with its subsidiaries, operates a work management software platform for individuals, team leads, and executives in the United States and internationally. The company provides work management products; Asana Work Graph, a proprietary data model that maps; AI Teammates, collaborative AI agents that work like real teammates to accelerate outcomes; Asana AI Studio, is a complementary product for designing AI workflows to automate routine, structured, and repeatable processes; and Asana Gov, a secure platform designed for government agencies and regulated industries to deliver mission-critical programs. The company also offers a platform that supports project and process management, goals and business reporting, resource management, and strategic planning and portfolio management. The company uses a hybrid go-to-market approach, combining a product-led model, direct sales, and channel partners to serve customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
FAQ
Is ASAN financially healthy?
Asana, Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does ASAN pay a dividend?
No, Asana, Inc. does not currently pay a dividend.
How profitable is ASAN?
In FY2026, Asana, Inc. had a net margin of -23.9% and a return on equity of -122.6%.
What is the analyst price target for ASAN?
The average Wall-Street price target for Asana, Inc. is $9.13, about 1.6% above the recent price, from 13 analysts.
Is ASAN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Asana, Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.