RBC keeps its USD 9.50 target for Asana stock

Published on 10/15/2026 at 21:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 9.90 percent to USD 216.43 million in fiscal 2027. Asana stock costs EUR 9.28 on October 15, 2026 at 9:04 p.m. CEST.

Analyst target and quarterly revenue

On October 14, 2026, RBC Capital maintained Hold with a USD 9.50 target, 8.74 percent below the stock price.
Fiscal second-quarter revenue rose 9.90 percent to USD 216.43 million.
Asana stock costs EUR 9.28 at Lang & Schwarz on October 15, 2026 at 9:04 p.m. CEST.
Asana expects its next earnings report on December 1, 2026.

ASAN, US04342Y1047, Illustration mit AI erstellt.

RBC Capital maintained a Hold rating and a USD 9.50 price target for Asana on October 14, 2026, according to TipRanks. Against the USD 10.41 home-market quote at 3:07 p.m. ET, the target was 8.74 percent lower. Asana stock was trading at EUR 9.28 at Lang & Schwarz on October 15, 2026 at 9:04 p.m. CEST.

Revenue growth reaches 9.90 percent

Asana's fiscal second-quarter revenue reached USD 216.43 million for the period ended July 31, 2026, up 9.90 percent from the year-earlier period. The company reported a net loss attributable to common shareholders of USD 39.19 million and diluted earnings per share of minus USD 0.17 for the same quarter. The operating margin was minus 19.00 percent. These figures come from Asana's investor-relations materials and standardized quarterly statements for fiscal 2027.

Price position on October 15

The USD 10.41 quote on the New York Stock Exchange was 6.17 percent higher than the previous session's USD 9.81 close at 3:07 p.m. ET. Asana's same-day range ran from USD 9.70 to USD 10.04, while volume was 3.19 million shares against an average of 7.92 million. The 52-week range was USD 5.38 to USD 15.28, placing the stock 31.94 percent below its high.

Market value and reporting date

Asana had a market capitalization of USD 2.4 billion on October 15, 2026. Its trailing P/E was minus 15.73, reflecting negative earnings, and the company paid no dividend. MarketBeat lists December 1, 2026 as the estimated next earnings date for Asana, following the September 3, 2026 fiscal second-quarter report.

Comparison with peers

ASAN: P/E minus 15.73, market capitalization USD 2.4 billion
Atlassian (NASDAQ, USD): P/E minus 1,022.00, market capitalization USD 54.4 billion
monday.com (NASDAQ, USD): P/E 39.94, market capitalization USD 4.0 billion

Trading stays tied to the target gap

The latest analyst view places the USD 9.50 target below the USD 10.41 New York Stock Exchange quote, while the latest quarter delivered USD 216.43 million in revenue. The next scheduled reporting date is December 1, 2026.

Asana was trading at EUR 9.28 at Lang & Schwarz on October 15, 2026 at 9:04 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Asana stock.