Asana Likely To Post Narrower Q2 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Asana, Inc. (NASDAQ:ASAN) is expected to report a narrower loss for Q2 FY2024, with analysts predicting a loss of 11 cents per share compared to a loss of 34 cents per share in the same period last year. The company's revenue is expected to be $157.91 million, up from $134.9 million in the year-ago period. Several analysts have recently adjusted their price targets for Asana, with the most recent changes ranging from $15 to $26.
September 05, 2023 | 6:02 am
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Asana is expected to report a narrower Q2 loss and increased revenue. Analysts have adjusted their price targets, indicating mixed views on the company's performance.
The news directly pertains to Asana and its upcoming Q2 results. The expected improvement in financial performance could have a positive impact, but the mixed views from analysts, as reflected in the range of price targets, suggest uncertainty about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100