Asana Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Viewpoint - Asana, Inc. is set to release its fourth-quarter financial results on March 10, with expectations of a reduced quarterly loss and increased revenue compared to the previous year [1] Financial Performance - Analysts predict Asana will report a quarterly loss of 1 cent per share, an improvement from a loss of 4 cents per share a year ago [1] - The projected quarterly revenue is $188.13 million, up from$171.13 million in the same quarter last year [1] Recent Developments - On December 5, Asana reported better-than-expected third-quarter financial results and provided FY25 guidance that exceeded estimates [2] Stock Performance - Asana shares experienced a decline of 6.2%, closing at $17.78 [3] Analyst Ratings - Piper Sandler analyst Brent Bracelin has an Overweight rating with a price target of$27 [5] - Citigroup analyst Steven Enders maintains a Neutral rating, raising the price target from $16 to$20 [5] - Jefferies analyst Brent Thill holds a Hold rating, increasing the price target from $16 to$19 [5] - Morgan Stanley analyst Josh Baer has an Equal-Weight rating, raising the price target from $14 to$18 [5] - Oppenheimer analyst Ittai Kidron maintains an Outperform rating, increasing the price target from $20 to$22 [5]