UBS reiterates USD 10.00 target for Asana stock

Published on 10/17/2026 at 20:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 216.43 million in fiscal 2027. Asana stock was USD 9.86 on October 16, 2026, down 5.37 percent from USD 10.42.

Analyst view and operating scale

On October 16, 2026, UBS reiterated a USD 10.00 target and Neutral rating for Asana.
For fiscal 2027, revenue reached USD 216.43 million in the second quarter.
Asana stock was USD 9.86 on October 16, 2026, down 5.37 percent from its USD 10.42 prior close.
Asana had a USD 2.3 billion market capitalization on October 16, 2026.

ASAN, US04342Y1047, Illustration mit AI erstellt.

Asana, Inc. (ISIN US04342Y1047) received a reiterated USD 10.00 price target and Neutral rating from UBS on October 16, 2026, according to Investing.com. The target was 1.42 percent above Asana's USD 9.86 home-market price at the October 16 close. On the NYSE, Asana was last at USD 9.86 on October 16, 2026, at 4:00 p.m. EDT, down 5.37 percent from its USD 10.42 prior close.

Revenue reached USD 216.43 million

Asana's second-quarter fiscal 2027 revenue rose 9.90 percent year over year to USD 216.43 million, based on the company's investor-relations information dated September 3, 2026. The same period included 100,000 or more customers, 130 percent or more dollar-based net retention and a 10 percent non-GAAP operating margin, according to Asana. The figures give the analyst target a concrete operating backdrop while revenue growth remains below the company's reported 26 percent customer growth.

Stock sits inside its yearly range

Asana traded between a USD 5.38 52-week low and a USD 15.28 52-week high as of October 16, 2026. Its latest USD 9.86 price therefore sat below the yearly high and above the yearly low, while 5,421,424 shares changed hands against an average volume of 6,249,470 shares.

Valuation remains loss-making

Asana's market capitalization was USD 2.3 billion on October 16, 2026, and its trailing P/E ratio was negative 14.93. The company does not pay a dividend, while UBS described AI adoption as early and maintained a patient stance on the stock after customer discussions.

Comparison with peers

Asana (NYSE, USD): minus 5.37 percent, P/E -14.93, market capitalization USD 2.3 billion
Atlassian (NASDAQ, USD): minus 4.28 percent, P/E -989.62, market capitalization USD 52.6 billion
monday.com (NASDAQ, USD): minus 4.17 percent, P/E 38.49, market capitalization USD 3.8 billion

Price and analyst target

For investors, the main tension is the narrow gap between the USD 9.86 share price and UBS's USD 10.00 target, set against a second-quarter revenue increase to USD 216.43 million. Asana's valuation and peer comparison keep the focus on execution rather than dividend income.

On the NYSE, Asana was last at USD 9.86 on October 16, 2026, at 4:00 p.m. EDT, down 5.37 percent from its USD 10.42 prior close.