Asana (ASAN) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

$0.10

Estimate

$0.09

Surprise

+14.3%

Revenue (period 2026-07-31)

$216.4M

Score at report (before → after)

5.7 → 5.5/10

Revenue source: xbrl.

Asana (ASAN) beat the $0.09 estimate with diluted EPS of $0.10 — a large 14.3% upside surprise. TrendMatrix's engine moved from Hold (5.7/10) to Sell at 5.5/10 after the report — the engine's score fell despite the beat.

• Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon — benzinga, 2026-09-05
• These Analysts Increase Their Forecasts On Asana Following Upbeat Q2 Results — benzinga, 2026-09-04
• Samsara Analysts Boost Their Forecasts After Strong Q2 Earnings — benzinga, 2026-09-04

TrendMatrix currently rates ASAN Sell at 5.3/10.

3 of the last 4 quarters beat the estimate; this quarter's +14.3% surprise compares with a +22.5% four-quarter average. Next scheduled report: 2026-12-02.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$8.72

Price target

$10.30

Stop

$8.16

Upside to target

+18.1%

Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Software - Application

Market cap

$2.01B

P/E (fwd)

19.3

52-week range

$5.38–$15.48

Off 52-week high

43.7%

RSI (14)

41

Volume vs avg

0.72×

Score today

5.3/10