If you are wondering whether Asana’s share price now reflects its true worth or if the market has gone too far, you are not alone.
The stock last closed at US$8.76 and has seen a 14.5% decline over the past week, a 35.3% decline over the past month, and a 59.9% decline over the past year, with longer term 3 year and 5 year returns of 39.5% and 78.9% declines.
Recent headlines around Asana have kept attention on how the company is positioned in the work management software space and on how investors are reacting to that story in the market. This backdrop helps frame the recent share price moves as the market continually reassesses what it is willing to pay for the business.
Against that context, Asana currently has a valuation score…
