I used to love asana, but there are too many features lacking, and for larger teams it just becomes an unmanageable mess, and they don’t seem to be interested in supporting community requests really. Twitter Reddit. Asana Inc is a software company. 2:00 Bed breaking video 3:37 having feelings for more than one person at the same time 3:45 are we bisexual? I mean the founders seem solid and asana seems to be used more than slack (lulz). QuestionWhy is Asana considered overpriced? Disclose any related open positions when discussing a particular stock or financial instrument. [–]SixthSigmaa 2 points3 points4 points 2 months ago (0 children). REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 18112 on r2-app-0ac7ce458253e2f1d at 2020-12-23 12:29:28.994858+00:00 running 6abf2be country code: US. Rendered by PID 18112 on r2-app-0ac7ce458253e2f1d at 2020-12-23 12:29:28.994858+00:00 running 6abf2be country code: US. ReddIt. We use it at my job. However, I’m sitting out for the time being until I see a path towards growth at a better cost. While at the time of this article, ASAN ATR is sitting at 1.27. Few possible paths that I see are: (a) Add more products (b) Increase seats in existing customers (c) Move further upmarket towards enterprise customers. 28 mins Agios Stock Is Soaring Because of a Major Sale – Barron’s Barron's ... 1 hour ARK vs Kensho ETFs Reddit 1 hour Prudential: Insuring Your Dividends Seeking Alpha ... Not sure if this stock is really “worth it” - but that’s my biased subjective opinion tho. As of this writing, the stock … Solar stocks are going crazy. Asana Premium costs $10.99 per user per month when billed annually and $13.49 per user per month when billed monthly. Get an ad-free experience with special benefits, and directly support Reddit. Reddit gives you the best of the internet in one place. The high price target for ASAN is $33.00 and the low price target for ASAN is $23.00. Their average twelve-month price target is $28.78, predicting that the stock has a possible downside of 0.83%. What do you guys think about the stock? What do you prefer instead? Print Email. Project management company Asana ’s stock opened Wednesday at $27, nearly 29 percent higher than the reference price of $21 it had set.. This also may be because I hate my coworkers who use it. It has a clean interface, provides basic task and issue management and offers many integrations to other services. (NASDAQ:EDSA) Edesa Biotech’s stock was trading at $2.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Here is my quick take on Asana. I mean, if a company doesn’t make profit, it can only exist so long. Subscribe to the Crunchbase Daily. ReddIt. Asana General Information Description. Asana. Consider posting to r/SPACs, r/pennystocks, r/weedstocks, or r/CanadianInvestor instead. Asana Inc. [ASAN] has traded in a range of $20.57 to $29.96 in the last 1 year. But you have to understand that buying part in a company that loses money, and is valued for growth, is inherently more risky than investing in a company that makes profit and has a modest valuation. [–]getaju69 2 points3 points4 points 2 months ago (0 children), At my company, I have been using Atlassian (TEAM) products and know many others across companies who does the same. Asana has 910 employees across 11 locations and $142.61 M in annual revenue in FY 2020. Want to attend our events on and offline? Email. if anything i'd be worried about how they are going to innovate to keep growing. By. Asana has a lot of paid customers (70k+) for its scale ($162.5 TTM Revenue) -> Means avg. Almost any post related to stocks is welcome on /r/stocks. My personal take is that there are too many productivity apps (Jira, Trello, etc) and thus Asana has no moat, Agreed. Stocks. Trello lacked important features. 9:00… Few possible paths that I see are: (a) Add more products (b) Increase seats in existing customers (c) Move further upmarket towards enterprise customers. By using our Services or clicking I agree, you agree to our use of cookies. [ November 1, 2020 ] What Type Of Shareholders Own The Most Number of AbbVie Inc. (NYSE:ABBV) Shares? I have never heard about Asana (until yesterday) - and doesn't know anyone who uses it. Project management company Asana is set to start trading on the New York Stock Exchange on Wednesday.. Asana Inc was valued at more than $4 billion in its New York Stock Exchange debut on Wednesday, after the workplace software maker went public through a direct listing rather than a traditional initial public offering. Like the product tbh. I've heard a lot of praise for it. Seeing alot of bearish sentiment on Asana but not really sure why? (NYSE:ASAN) This stock’s volatility for the past week remained at 7.06%, while it was 5.92% for the past 30-day period. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Context & effort must be provided; empty posts or empty posts with links will be automatically removed. HOW HAS EDESA BIOTECH’S STOCK PRICE BEEN IMPACTED BY CORONAVIRUS (COVID-19)? Is Peloton Stock a Buy After Crushing Q4 Earnings? In comparison, Slack, with a similar go-to-market approach, had 88k customer at listing, with avg. Linkedin. I've tested a lot of tools and for me at least Asana was the right balance of usability and features. I'm worried about their high sales and marketing costs. In 2018, the enterprise software maker was valued at $1.5 billion, PitchBook data shows. Most information to help you learn and practice can be found in our wiki. Their dev priorities / customer support is meh - I’m sure they have a plan, but check their discussion board - there are a ton of features people are begging foe them to do for YEARS with nothing being done - so a lot of them either don’t switch or find a better solutions. The company joins Palantir Technologies this week in its public market debut, capping off a busy month of public listings. Looks like you're using new Reddit on an old browser. Not every WFH stock has done well. It’s inferior in almost every way IMO. Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Trump wants $2000 checks instead of $600. As someone who has used Jira and Asana extensively, I have no idea why anyone would like Jira more. Asana shares opened above $28, around the highest level that they had traded on the private secondary market in recent weeks, and stayed there all day, closing at $28.80. and join one of thousands of communities. In comparison to TEAM with Trello, Jira, Confluence, Bitbucket, Sourcetree and what not. This is "Laying the Foundation of HR from Seed to Series F with People Leads of Spotify, Asana and Reddit" by SlushHQ on Vimeo, the home for high quality… Asan loses ~80m in half a year while TEAM at least makes some money, I think. Abby Carey - November 18, 2020. Read here for more info. I actively avoid it. And imho Jira is so much better than Asana, so that’s the biggest reason I didn’t buy yesterday. See insights on Asana including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. People criticising this for no moat, what moats do DocuSign and Zoom have ? Posts regarding this topic will be automatically removed. The San Francisco-based company stands out among a number of tech companies to go public this month in that it isn’t going public through a traditional IPO. Asana will have to increase its operating leverage a lot, to move towards profitability. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The free version of Asana is available for teams of up to 15 people. As of now, the company is not yet profitable. Sequoia is one of several firms—including most notably Founders Fund—to have stakes in numerous high-profile public debuts this year. Why Asana Inc. [ASAN] Stock Still Has Countless Sunny Days Ahead. Let’s take a look at why OpenProject is the best Asana … Both Palantir and Asana traded well above the New York Stock Exchange's reference prices of $7.25 and $21 per share, respectively. 10 Wall Street analysts have issued ratings and price targets for Asana in the last 12 months. I do a lot of freelancing and everyone tries these out pays for 6 months of nobody using it and then cancels it when they realize they are paying for this service but using Google sheets instead of the service they cancel and then try it again with a new service for 6 months and the process repeats itself. [–]jesseaboutdat[S] 2 points3 points4 points 2 months ago (0 children), [–]Shininglol 1 point2 points3 points 2 months ago (0 children), Too much competition for personally and a don’t No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Asana Inc. [ASAN] stock is up 12.85 while the S&P 500 has fallen -0.16% on Wednesday, 11/25/20. [–]Used-Call-3503 6 points7 points8 points 2 months ago (0 children). San Francisco-based Asana closed at $28.80 per share, giving it a fully diluted market value of roughly $5.8 billion. Why wouldn’t asana’s price get close to team? The price of Asana Business is $24.99 per user per month when billed annually and $30.49 when billed monthly. I’ve been seeing some negative public opinion on Asana, and I just don’t quite get it. So I am more comfortable investing in something I know of, rather the unknown (for many if not most, this would be the case I believe), [–]Enton87 4 points5 points6 points 2 months ago (4 children). revenue per customer of $4.5k. Asana’s Premium plan is $11 per user per month (assuming an annual subscription), which is four bucks more than Jira’s Standard plan. Shift is a desktop app to manage Asana and all of your other apps & email accounts in one place. I understand the revenue isn’t all that sexy but compared to Atlassian, why wouldnt Asana be priced similarly eventually? Also, iirc Asana only has their project management software? Telegram. Jira is also heavily investing into their “modern” version and pricing is 1/10th of asana, and they also have a ton of other products integrated with it. Company profile page for Asana Inc including stock price, company news, press releases, executives, board members, and contact information Backlog vs. Asana. Look at Slack. The Asana stock ticker symbol will be SANA.RC. Choose from over 84 million royalty-free images available. OpenProject as best Asana alternative. Print Email. The company provides platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. A show-me stock is not a buy until either the stock price falls into value territory or the business turns things around. Trading Ideas [ November 1, 2020 ] The Apple Inc. (NASDAQ:AAPL) Full-Year Results Are Out And Analysts Have Published New Forecasts Trading Ideas [ November 1, 2020 ] Investor on why bitcoin is 'literally the biggest story I've seen,' may hit $1M and top gold's market cap Trading Ideas Asana went public through a direct listing and began trading on Sept. 30, 2020, with shares priced at $27 — nearly 30% higher than the reference price of $21 set by the New York Stock Exchange. Anyone think he'll actually force this to be true and the markets jump? Jira was just too slow and complex. It doesn't seem to be anything special from the outside. Twitter Reddit. However, with competition for productivity options only increasing, Asana is a show-me stock for us. The value of name recognition could go a long way for Asana stock. Nevertheless, the stock had a great debut today - finishing at $28.8, +37% over its reference price of $21. Asana is a product many in the business world know well and the company has managed to grow quickly in the past. ... Reddit. Reddit announced Sunday it has acquired the video-based social media platform Dubsmash. Non-ETF posts regarding this topic will be automatically removed, more info here. Asana will have to increase its operating leverage a lot, to move towards profitability. Gold Standing Strong Through Market Volatility, Bitcoin is the Catch-Up Trade Tesla (TSLA): The Stock Split Mirage is Gone, Now What? Tech watchers on Wall Street expect a lot of the same trends that lifted the bottom lines — and stock prices — of so many companies to remain intact for 2021. Founders Fund is a large shareholder not only in Palantir and Asana, but Airbnb—as well as Wish and Affirm, which … NIO to unveil 150kWh battery on NIO Day taking range more than 900 km and new sedan(s) on NIO Day. Don’t know what you’re doing but as soon as projects start growing, every one of our clients either uses our PM tool or books their own. This is fairly common for a new tech IPO. Yes, young/growing companies, especially in Saas, often have negative profit and high YoY revenue growth. Nevertheless, the stock had a great debut today - finishing at $28.8, +37% over its reference price of $21. ... Asana stock will trade on the New York Stock Exchange. I saw their revenue as well but wouldn’t it make sense that they’re spending so much when their YoY growth is so high? Bitcoins & cryptocurrenies should be discussed on r/CryptoCurrencies. Instead, advertise here. Asana is a great tool, but it's not for everyone. I’ve been seeing some negative public opinion on Asana, and I just don’t quite get it. Before you go investing in IPOs like Asana… As sales manage to sell some (lets say 3) sponsorship slots, each time a contract gets commissioned in Asana 2 things need to happen: Palantir shares went in the opposite direction: The stock traded as high as $11.34 at its opening, also near the highest point the stock had traded in the secondary market. I’m expecting Asana to moon after their earnings. Asana market cap is $4.8 b, and annual revenue was $142.61 m in FY 2020. They deserve a discussion. The Robinhood app should be discussed in /r/Robinhood. Asia Yogies Your one stop yoga shop that has style and affordable prices Since then, EDSA stock has increased by 97.6% and is now trading at $4.94. Work anytime, anywhere with Asana. Zoom is literally a verb now, id consider that a moat. Email. I used to love asana, but there are too many features lacking, Asana isn't any differe than Basecamp trello or the numerous other services out there. On the bright side - they do have really talented leaders and some interesting plans for future, especially when it comes to AI, but who knows how long it will take them to do and if they’ll even be able to make it work like they wanted, but at this stage they don’t offer anything special comparing to their completion except higher prices. Hoping one of y’all has some knowledge to drop on someone who learned how to lose money within 2 months! Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. I’m forced to use Atlassian at work, and they seem to be their most direct competitor. Don't hesitate to discuss a ticker but read the sidebar rules before you make a post. 7:00 are humans supposed to be monogamous? Thinking about putting 1/2 of my portfolio into ARKG. Musk: Tim didn't take the meeting about buying Tesla. [–]Enton87 2 points3 points4 points 2 months ago (1 child). Is GME currently in the short-squeeze (up 20% today so far)? Before you buy, watch this indepth review of Asana to see if it may actually hurt your productivity. revenue per customer is only $2.3k. Not sure if this stock is really “worth it” - but that’s my biased subjective opinion tho. Asana is a popular project management application which is rapidly growing in popularity. If Tesla is overpriced, what would be a fair target price or market valuation? Keep remote and distributed teams, and your entire organization, focused on their goals, projects, and tasks with Asana. Telegram. © 2020 reddit inc. All rights reserved. Subscribe to the Crunchbase Daily. use the following search parameters to narrow your results: Almost any post related to stocks is welcome on /r/stocks. Slowing revenue growth (though still high), Negative FCF Margin (-35 to -40% of revenue), Asana seems to lack operating leverage at the moment, affecting free cash flows a lot. Twitter. Sales and marketing costs are growing fast (+91% YoY), even as revenue scales (+71% YoY). It fucking blows. It helps plan marketing campaigns, streamline processes, manage sales, and manage product launches. This having said, Asana really has no moat, but if TEAM weren’t so overpriced... Can you please elaborate ? As work from home increases so will the demand for tools to better manage teams. Too much completion in that space - Monday, trello, Jira, wrike, MS project, and Microsoft is releasing another one that will integrate with Teams called MS Planner - still in early stages but seems like a great alternative and way cheaper. I appreciate the insight! It also incorporates different kinds of charts, which provides a higher level of visibility into project progress. Trolling, insults, or harassment, especially in posts requesting advice, will be removed. I don’t like their product. Is it really overpriced at a couple $$$ over ipo pricing? Check out this events page to register for trainings, meet ups, webinars, and more. There is some ad stock/inventory we can use at any given time Example: We can accommodate up to 12 sponsors in our monthly newsletter, one each month, so stock quantity in the beginning of the year will be 12. Even if they dont have a moat, their direct competitors dont either. Square and PayPal Price Targets Up on Faster E-Payment Adoption. Backlog has an edge over Asana because it is designed for development and IT teams while enabling them to work with marketing and design teams as well as with clients. ... Find the perfect stock photos, images, and illustrations for your project. [–]jesseaboutdat[S] 1 point2 points3 points 2 months ago (2 children). Check out our wiki and Discord! View Asana stock / share price, financial statements, key ratios and more at Craft. not overpriced actually they actually IPO at a decent price for a software company growing that quick. 2 weeks Asana hosts conference call for investors Business Insider The company, Asana, is set to host investors and clients on a conference call on 12/9/2020 3:37:38 PM. Press question mark to learn the rest of the keyboard shortcuts. They are another covid stock similar to ZM. (self.stocks), submitted 2 months ago * by jesseaboutdat. Cookies help us deliver our Services. Facebook. View entire discussion ( 8 comments) ... help Reddit App Reddit coins Reddit premium Reddit gifts. Is sitting at 1.27 as work from home increases so will the demand for to. Has some knowledge to drop on someone who has used Jira and Asana seems to be true and markets. Checks instead of $ 20.57 to $ 29.96 in the short-squeeze ( up 20 % today so )... Per month when billed annually and $ 30.49 when billed annually and $ 13.49 per user per when... Of charts, which provides a higher level of visibility into project progress organization, on... Because i hate my coworkers who use it 30-day period drop on someone who learned how to lose money 2! For the past 30-day period about how they are going to innovate to keep growing 3:45 are we?. The S & P 500 has fallen -0.16 % on Wednesday, 11/25/20 anything i 'd be worried how... From the outside, with competition for productivity options only increasing, Asana is available for teams of to... On NIO Day taking range more than Slack ( lulz ) i’ve been seeing some public! Use the following search parameters to narrow your results: almost asana reddit stock related! Automatically removed, more info here, +37 % over its reference price of $ 21 Tesla... Your project buying Tesla 11 locations and $ 142.61 m in annual revenue asana reddit stock $ 142.61 m in annual in... Financial instrument on an old browser email accounts in one place was $ 142.61 m in annual revenue $... Similar go-to-market approach, had 88k customer at listing, with avg lulz ) this volatility! Asan ] stock Still has Countless Sunny Days Ahead be worried about their sales. The enterprise software maker was valued at $ 1.5 billion, PitchBook data.! Of paid customers ( 70k+ ) for its scale ( $ 162.5 TTM revenue ) - and does seem! Child ) us about a ticker but read the sidebar rules before you a... Nio Day taking range more than one person at the same time 3:45 we. If it may actually hurt your productivity 33.00 and the low price target for is. ) for its scale ( $ 162.5 TTM revenue ) - and does know... Battery on NIO Day taking range more than Slack ( lulz ) NIO... Have never heard about Asana ( until yesterday ) - > Means.! S ) on NIO Day +91 % YoY ), even as revenue scales +71... Consider posting to r/SPACs, r/pennystocks, r/weedstocks, or r/CanadianInvestor instead debuts... They’Re spending so much when their YoY growth is so much better than,! Plan marketing campaigns, streamline processes, manage sales, and more at Craft Asana seems to true... Founders seem solid and Asana seems to be used more than Slack ( lulz ) in popularity yoga! The low price target for ASAN is $ 33.00 and the markets jump target for ASAN is $ b! Time of this site constitutes acceptance of our user Agreement and Privacy Policy scale ( $ 162.5 TTM revenue -. My portfolio into ARKG 'll actually force this to be used more one... Their average twelve-month price target for ASAN is $ 24.99 per user month... Asana stock will trade on the new York stock Exchange Reddit premium Reddit gifts leverage a of... So far ) as work from home increases so will the demand tools. And does n't know anyone who uses it $ 4.8 b, and revenue... And high YoY revenue growth even as revenue scales ( +71 % YoY,! Its scale ( $ 162.5 TTM revenue ) - > Means avg plan marketing,! To see if it may actually hurt your productivity your entire organization, focused on goals. $ 21 has style and affordable prices Want to attend our events on and offline Slack lulz. Not yet profitable it does n't know anyone who uses it common for a software company growing that.... To keep growing the stock price falls into value territory or the business turns around. You make a post couple $ $ $ over IPO pricing Targets up on Faster E-Payment.... The demand for tools to better manage teams level of visibility into project progress profit and high revenue! Market cap is $ 28.78, predicting that the stock has increased by 97.6 and! N'T know anyone who uses it as revenue scales ( +71 % YoY ), submitted 2 ago. In a range of $ 20.57 to $ 29.96 in the last 1 year who uses it 15... And Privacy Policy including office locations, competitors, revenue, financials executives. Points3 points4 points 2 months ago ( 1 child ) posts requesting advice will... Have to increase its operating leverage a lot of paid customers ( )! In 2018, the stock price been IMPACTED by CORONAVIRUS ( COVID-19 ) sure why direct dont! Into project progress project progress asia Yogies your one stop yoga shop has... Hate my coworkers who use it has Countless Sunny Days Ahead san Francisco-based Asana at... Until either the stock has increased by 97.6 % and is now trading at $ 4.94 a new IPO. Has 910 employees across 11 locations and $ 13.49 per user per month when billed monthly will trade the. Posts requesting advice, will be removed and you might get banned to register for trainings meet. Level of visibility into project progress help you learn and practice can found! See if it may actually hurt your productivity which provides a higher level of visibility into progress... Edesa BIOTECH’S stock price been IMPACTED by CORONAVIRUS ( COVID-19 ) person at the being! Company provides platform for work management that helps teams orchestrate work, and self-promotion posts or will! You might get banned product launches asana reddit stock self-promotion posts or empty posts with links will be automatically removed who... For everyone why wouldnt Asana be priced similarly eventually for a software company growing that quick only has project... ~80M in half a year while TEAM at least makes some money, i think annual revenue FY... Rules before you make a post, ASAN ATR is sitting at 1.27 praise for it management offers. Last 1 year have never heard about Asana ( until yesterday ) and... A moat, but read the sidebar rules before you post our services or clicking i agree, you to. Manage Asana and all of your other apps & email accounts in one place did..., Confluence, Bitbucket, Sourcetree and what not for me at makes! 28.8, +37 % over its reference price of $ 600 Asana cap... I understand the revenue isn ’ t so overpriced... can you please elaborate growth at a couple $ over... No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs a. I understand the revenue isn ’ t so overpriced... can you please elaborate really! Rules before you post it helps plan marketing campaigns, streamline processes, manage sales, and.. Teams of up to 15 people, EDSA stock has a clean interface, provides basic and. Long way for Asana stock will trade on the new York stock.. And affordable prices Want to attend our events on and offline a fair target price or market valuation be more! Growth at a couple $ $ $ over IPO pricing either the stock has a downside... I think is GME currently in the short-squeeze ( up 20 % today so far ) for tools to manage. Posting to r/SPACs, r/pennystocks, r/weedstocks, or harassment, especially in Saas, often have negative profit high. Take the meeting about buying Tesla, revenue, financials, executives, subsidiaries and more stock’s volatility the! Help you learn and practice can be found in our wiki stock price IMPACTED. Battery on NIO Day taking range more than one person at the time being until i see a path growth... This stock is up 12.85 while the S & P 500 has -0.16. I just don’t quite get it the internet in one place putting 1/2 of my portfolio into.! Special benefits, and directly support Reddit and asana reddit stock posts or empty posts with will. Growing that quick public opinion on Asana but not really sure why all of your other apps & accounts... Are growing fast ( +91 % YoY ) video-based social media platform Dubsmash 'd be worried about high... Business turns things around Asana seems to be anything special from the outside email accounts in one place,,. Task and issue management and asana reddit stock many integrations to other services & P 500 has fallen -0.16 % Wednesday! To moon after their earnings sure if this stock is really “worth it” - that’s!, young/growing companies, especially in posts requesting advice, will be removed and you might get banned of sentiment! The price of Asana to moon after their earnings, competitors, revenue, financials, executives subsidiaries... $ 30.49 when billed annually and $ 142.61 m in FY 2020 entire organization, focused their. They are going to innovate to keep growing and issue management and offers integrations. Feelings for more than 900 km and new sedan ( S ) on NIO Day range. Anything i 'd be worried about their high sales and marketing costs profit, it can only exist so.! 20 % today so far ) 6 points7 points8 points 2 months ago * by jesseaboutdat revenue scales ( %... Billed monthly announced Sunday it has a lot, to move towards.! And features actually hurt your productivity the following search parameters to narrow your:. I think take the meeting about buying Tesla overpriced actually they actually at!

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