Asana Stock Plummets: 2026 Revenue Guidance Cut

Asana, Inc. plunged 15.47% intraday after the company revised its 2026 fiscal year revenue guidance to a range of $7.75 billion to $7.9 billion, down from the previous range of $7.82 billion to $7.9 billion, and missed quarterly revenue expectations of $1.926 billion with actual revenue of $1.8727 billion.