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. QuestionWhy is Asana considered overpriced? Asana Inc is a software company. Few possible paths that I see are: (a) Add more products (b) Increase seats in existing customers (c) Move further upmarket towards enterprise customers. Why wouldn’t asana’s price get close to team? Want to attend our events on and offline? NIO to unveil 150kWh battery on NIO Day taking range more than 900 km and new sedan(s) on NIO Day. Project management company Asana is set to start trading on the New York Stock Exchange on Wednesday.. Get an ad-free experience with special benefits, and directly support Reddit. 7:00 are humans supposed to be monogamous? ... Asana stock will trade on the New York Stock Exchange. 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. People criticising this for no moat, what moats do DocuSign and Zoom have ? Asana Inc. [ASAN] has traded in a range of $20.57 to $29.96 in the last 1 year. Jira was just too slow and complex. And imho Jira is so much better than Asana, so that’s the biggest reason I didn’t buy yesterday. Both Palantir and Asana traded well above the New York Stock Exchange's reference prices of $7.25 and $21 per share, respectively. Also, iirc Asana only has their project management software? Abby Carey - November 18, 2020. Not every WFH stock has done well. 2:00 Bed breaking video 3:37 having feelings for more than one person at the same time 3:45 are we bisexual? Posts regarding this topic will be automatically removed. Telegram. The company provides platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. 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 By. Linkedin. if anything i'd be worried about how they are going to innovate to keep growing. Company profile page for Asana Inc including stock price, company news, press releases, executives, board members, and contact information Asana will have to increase its operating leverage a lot, to move towards profitability. I’ve been seeing some negative public opinion on Asana, and I just don’t quite get it. 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? 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. Asana Inc. [ASAN] stock is up 12.85 while the S&P 500 has fallen -0.16% on Wednesday, 11/25/20. Why Asana Inc. [ASAN] Stock Still Has Countless Sunny Days Ahead. What do you prefer instead? [–]jesseaboutdat[S] 1 point2 points3 points 2 months ago (2 children). not overpriced actually they actually IPO at a decent price for a software company growing that quick. Asia Yogies Your one stop yoga shop that has style and affordable prices Asana will have to increase its operating leverage a lot, to move towards profitability. The price of Asana Business is $24.99 per user per month when billed annually and $30.49 when billed monthly. Telegram. 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. I’m expecting Asana to moon after their earnings. Square and PayPal Price Targets Up on Faster E-Payment Adoption. Disclose any related open positions when discussing a particular stock or financial instrument. View entire discussion ( 8 comments) ... help Reddit App Reddit coins Reddit premium Reddit gifts. 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. It also incorporates different kinds of charts, which provides a higher level of visibility into project progress. As of now, the company is not yet profitable. OpenProject as best Asana alternative. This is fairly common for a new tech IPO. Thinking about putting 1/2 of my portfolio into ARKG. Twitter. I’m forced to use Atlassian at work, and they seem to be their most direct competitor. Stocks. Print Email. This also may be because I hate my coworkers who use it. Reddit announced Sunday it has acquired the video-based social media platform Dubsmash. See insights on Asana including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Cookies help us deliver our Services. They are another covid stock similar to ZM. Press question mark to learn the rest of the keyboard shortcuts. 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. It fucking blows. In comparison, Slack, with a similar go-to-market approach, had 88k customer at listing, with avg. 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. Almost any post related to stocks is welcome on /r/stocks. 10 Wall Street analysts have issued ratings and price targets for Asana in the last 12 months. Yes, young/growing companies, especially in Saas, often have negative profit and high YoY revenue growth. 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. revenue per customer of $4.5k. Check out this events page to register for trainings, meet ups, webinars, and more. and join one of thousands of communities. Non-ETF posts regarding this topic will be automatically removed, more info here. [–]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. Choose from over 84 million royalty-free images available. Hoping one of y’all has some knowledge to drop on someone who learned how to lose money within 2 months! I have never heard about Asana (until yesterday) - and doesn't know anyone who uses 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). 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. Is GME currently in the short-squeeze (up 20% today so far)? I'm worried about their high sales and marketing costs. Like the product tbh. Most information to help you learn and practice can be found in our wiki. In 2018, the enterprise software maker was valued at $1.5 billion, PitchBook data shows. 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. The value of name recognition could go a long way for Asana stock. Sequoia is one of several firms—including most notably Founders Fund—to have stakes in numerous high-profile public debuts this year. Looks like you're using new Reddit on an old browser. Trump wants $2000 checks instead of $600. In comparison to TEAM with Trello, Jira, Confluence, Bitbucket, Sourcetree and what not. Facebook. 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. 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. A show-me stock is not a buy until either the stock price falls into value territory or the business turns things around. It doesn't seem to be anything special from the outside. 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. ReddIt. Read here for more info. By using our Services or clicking I agree, you agree to our use of cookies. 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. As work from home increases so will the demand for tools to better manage teams. Musk: Tim didn't take the meeting about buying Tesla. 9:00… Anyone think he'll actually force this to be true and the markets jump? Backlog vs. Asana. It has a clean interface, provides basic task and issue management and offers many integrations to other services. The Robinhood app should be discussed in /r/Robinhood. Nevertheless, the stock had a great debut today - finishing at $28.8, +37% over its reference price of $21. 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 I’ve been seeing some negative public opinion on Asana, and I just don’t quite get it. Is Peloton Stock a Buy After Crushing Q4 Earnings? Founders Fund is a large shareholder not only in Palantir and Asana, but Airbnb—as well as Wish and Affirm, which … 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. Subscribe to the Crunchbase Daily. Nevertheless, the stock had a great debut today - finishing at $28.8, +37% over its reference price of $21. HOW HAS EDESA BIOTECH’S STOCK PRICE BEEN IMPACTED BY CORONAVIRUS (COVID-19)? The high price target for ASAN is $33.00 and the low price target for ASAN is $23.00. Project management company Asana ’s stock opened Wednesday at $27, nearly 29 percent higher than the reference price of $21 it had set.. © 2020 reddit inc. All rights reserved. Zoom is literally a verb now, id consider that a moat. Keep remote and distributed teams, and your entire organization, focused on their goals, projects, and tasks with Asana. 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. [–]Used-Call-3503 6 points7 points8 points 2 months ago (0 children). Asana has 910 employees across 11 locations and $142.61 M in annual revenue in FY 2020. I actively avoid it. Print Email. What do you guys think about the stock? The free version of Asana is available for teams of up to 15 people. Bitcoins & cryptocurrenies should be discussed on r/CryptoCurrencies. However, with competition for productivity options only increasing, Asana is a show-me stock for us. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. ... Not sure if this stock is really “worth it” - but that’s my biased subjective opinion tho. I don’t like their product. It helps plan marketing campaigns, streamline processes, manage sales, and manage product launches. Work anytime, anywhere with Asana. [–]Enton87 2 points3 points4 points 2 months ago (1 child). Asana is a product many in the business world know well and the company has managed to grow quickly in the past. I mean the founders seem solid and asana seems to be used more than slack (lulz). Email. ... Find the perfect stock photos, images, and illustrations for your project. Asan loses ~80m in half a year while TEAM at least makes some money, I think. [–]SixthSigmaa 2 points3 points4 points 2 months ago (0 children). View Asana stock / share price, financial statements, key ratios and more at Craft. Consider posting to r/SPACs, r/pennystocks, r/weedstocks, or r/CanadianInvestor instead. Don't hesitate to discuss a ticker but read the sidebar rules before you make a post. Twitter Reddit. The Asana stock ticker symbol will be SANA.RC. Not sure if this stock is really “worth it” - but that’s my biased subjective opinion tho. 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. I mean, if a company doesn’t make profit, it can only exist so long. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Twitter Reddit. Check out our wiki and Discord! Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Asana has a lot of paid customers (70k+) for its scale ($162.5 TTM Revenue) -> Means avg. As of this writing, the stock … ... Reddit. 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. Email. I understand the revenue isn’t all that sexy but compared to Atlassian, why wouldnt Asana be priced similarly eventually? 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. Before you go investing in IPOs like Asana… Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. ReddIt. Shift is a desktop app to manage Asana and all of your other apps & email accounts in one place. Context & effort must be provided; empty posts or empty posts with links will be automatically removed. Let’s take a look at why OpenProject is the best Asana … Asana Premium costs $10.99 per user per month when billed annually and $13.49 per user per month when billed monthly. [ November 1, 2020 ] What Type Of Shareholders Own The Most Number of AbbVie Inc. (NYSE:ABBV) Shares? 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. I appreciate the insight! Instead, advertise here. We use it at my job. Asana. Asana General Information Description. Asana market cap is $4.8 b, and annual revenue was $142.61 m in FY 2020. Is it really overpriced at a couple $$$ over ipo pricing? Asana is a great tool, but it's not for everyone. Their average twelve-month price target is $28.78, predicting that the stock has a possible downside of 0.83%. Solar stocks are going crazy. 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. This having said, Asana really has no moat, but if TEAM weren’t so overpriced... Can you please elaborate ? I've tested a lot of tools and for me at least Asana was the right balance of usability and features. The company joins Palantir Technologies this week in its public market debut, capping off a busy month of public listings. Reddit gives you the best of the internet in one place. 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… As someone who has used Jira and Asana extensively, I have no idea why anyone would like Jira more. Subscribe to the Crunchbase Daily. Asana is a popular project management application which is rapidly growing in popularity. Look at Slack. 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. It’s inferior in almost every way IMO. Asana’s Premium plan is $11 per user per month (assuming an annual subscription), which is four bucks more than Jira’s Standard plan. Rendered by PID 18112 on r2-app-0ac7ce458253e2f1d at 2020-12-23 12:29:28.994858+00:00 running 6abf2be country code: US. Since then, EDSA stock has increased by 97.6% and is now trading at $4.94. I've heard a lot of praise for it. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Here is my quick take on Asana. Few possible paths that I see are: (a) Add more products (b) Increase seats in existing customers (c) Move further upmarket towards enterprise customers. Sales and marketing costs are growing fast (+91% YoY), even as revenue scales (+71% YoY). (self.stocks), submitted 2 months ago * by jesseaboutdat. (NYSE:ASAN) My personal take is that there are too many productivity apps (Jira, Trello, etc) and thus Asana has no moat, Agreed. San Francisco-based Asana closed at $28.80 per share, giving it a fully diluted market value of roughly $5.8 billion. This stock’s volatility for the past week remained at 7.06%, while it was 5.92% for the past 30-day period. While at the time of this article, ASAN ATR is sitting at 1.27. (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). However, I’m sitting out for the time being until I see a path towards growth at a better cost. [–]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 Trello lacked important features. If Tesla is overpriced, what would be a fair target price or market valuation? Gold Standing Strong Through Market Volatility, Bitcoin is the Catch-Up Trade Tesla (TSLA): The Stock Split Mirage is Gone, Now What? 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