Asana: RBC Capital maintains a 'Underperform' Rating, The Target Price is $11

RBC Capital maintains 'Underperform' rating on Asana(ASAN).

The target price is $11, compare with $14 previously.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2026-01-05	RBC Capital	Maintains	Underperform	Underperform	$11	$14
2025-12-17	BTIG	Initiates Coverage On	Neutral	--	$--	$--
2025-12-15	Keybanc	Upgrades	Overweight	Sector Weight	$18	$--

[Recent Earning Results] Asana posted the Q3 of its 2025 financial results on 12/2/2025, reporting total revenue of USD 585.24 million in the first three quarters, up 9.28% from USD 535.54 million year over year, reporting net income of USD -156.81 million in the first three quarters, narrowing 18.85% from USD -193.24 million year over year.

[Company Profile] Asana, Inc., was incorporated in Delaware on December 16, 2008. The company is a leading work management software platform with an enterprise focus that helps organizations set and track goals, drive strategic initiatives, and manage work in one place. More than 150,000 paying customers use Asana to manage everything from product launches and marketing campaigns to organization-wide goal setting.