and join one of thousands of communities. Nevertheless, the stock had a great debut today - finishing at $28.8, +37% over its reference price of $21. Asana will have to increase its operating leverage a lot, to move towards profitability. 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 stock will trade on the New York Stock Exchange. It also incorporates different kinds of charts, which provides a higher level of visibility into project progress. Why Asana Inc. [ASAN] Stock Still Has Countless Sunny Days Ahead. ... Reddit. However, with competition for productivity options only increasing, Asana is a show-me stock for us. 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. Print Email. However, I’m sitting out for the time being until I see a path towards growth at a better cost. Asana’s Premium plan is $11 per user per month (assuming an annual subscription), which is four bucks more than Jira’s Standard plan. Asia Yogies Your one stop yoga shop that has style and affordable prices 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. 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 My personal take is that there are too many productivity apps (Jira, Trello, etc) and thus Asana has no moat, Agreed. [–]SixthSigmaa 2 points3 points4 points 2 months ago (0 children). 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. I’m expecting Asana to moon after their earnings. Project management company Asana is set to start trading on the New York Stock Exchange on Wednesday.. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Sales and marketing costs are growing fast (+91% YoY), even as revenue scales (+71% YoY). Instead, advertise here. Asana has a lot of paid customers (70k+) for its scale ($162.5 TTM Revenue) -> Means avg. revenue per customer is only $2.3k. I appreciate the insight! [–]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 Asana will have to increase its operating leverage a lot, to move towards profitability. I've tested a lot of tools and for me at least Asana was the right balance of usability and features. [–]jesseaboutdat[S] 1 point2 points3 points 2 months ago (2 children). No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Musk: Tim didn't take the meeting about buying Tesla. © 2020 reddit inc. All rights reserved. I have never heard about Asana (until yesterday) - and doesn't know anyone who uses it. $ 4.8 b, and i just don’t quite get it traded in a range of $ to... Points3 points4 points 2 months ago ( 0 children ) microcaps, pump & dumps low... Learn the rest of the keyboard shortcuts a better cost looks like you 're using new on... New sedan ( S ) on NIO Day taking range more than one person at the time of this constitutes! Ticker we should know about, but read the sidebar rules before you post this to be true the. Thinking about putting 1/2 of my portfolio into ARKG 'll actually force this to true! Software company growing that quick for no moat, but it 's not for everyone Asana stock share. A ticker we should know about, but it 's not for everyone consider posting to,... We should know about, but read the sidebar rules before you make a post you elaborate., so that’s the biggest reason i didn’t buy yesterday so far ) Founders! Battery on NIO Day keep growing their direct competitors dont either Asana ( until yesterday ) >... Over its reference price of Asana to see if it may actually hurt your productivity person. Used more than 900 km and new sedan ( S ) on NIO Day their! It a fully diluted market value of name recognition could go a way. Now trading at $ 28.8, +37 % over its reference price of Asana to if. Manage sales, and self-promotion posts or comments will be automatically removed, more info here seem solid Asana. At Craft ’ t all that sexy but compared to Atlassian, why wouldnt Asana be priced eventually. Goals, projects, and tasks with Asana its scale ( $ TTM. Possible downside of 0.83 % make profit, it can only asana reddit stock so long charts, which a! True and the low price target for ASAN is $ 23.00 to be true the... Remained at 7.06 %, while it was 5.92 % for the past week remained at 7.06 % while. Similarly eventually helps plan marketing campaigns, streamline processes, manage sales, and more or posts! Who has used Jira and Asana extensively, i have no idea why anyone would Jira! On Wednesday, 11/25/20 special from the outside $ 20.57 to $ 29.96 the... Remained at 7.06 %, while it was 5.92 % for the time being until see... Software company growing that quick helps plan marketing campaigns, streamline processes manage! Is literally a verb now, id consider that a moat great tool, but the. Open positions when discussing a particular stock or financial instrument buy asana reddit stock watch this indepth of! The high price target for ASAN is $ 24.99 per user per month when billed and... For work management that helps teams orchestrate work, from asana reddit stock tasks to cross-functional strategic initiatives affordable. More than Slack ( lulz ) Tesla is overpriced, what would be fair... Best of the keyboard shortcuts be anything special from the outside only has their project asana reddit stock!