Asana Inc. is set to report second-quarter fiscal 2027 results on Thursday after the market close, with investors focusing on the company’s AI-driven pivot and its path to profitability.
Analysts project earnings of $0.0875 per share on revenue of $214.15 million, representing year-over-year growth of 45.83% in earnings and 8.76% in revenue. Sequential revenue is expected to rise 4.4% from the prior quarter’s $205.1 million, though earnings per share are projected to decline from the $0.10 reported in May. Estimates for both metrics have held steady over the past 60 days.
The company’s stock, currently trading at $9.80, carries a mean price target of $9.27, implying 5.4% downside potential. Among 15 analysts covering the stock, five maintain buy ratings, eight have hold ratings, and two recommend selling. Citizens analyst Patrick Walravens stands out with a buy rating and a $15 price target, citing Asana’s AI integration as a key differentiator.
Asana’s strategic repositioning as "the operating system for human-agent teams" follows its May acquisition of StackAI, which aims to enhance cross-system execution capabilities. Analysts highlight a case study where Asana used AI to complete a software migration in two weeks for $12,000—a project initially estimated to take five years and cost $6 million.
Profitability metrics remain mixed. Trailing twelve-month EBITDA growth stands at 43.95%, while operating income growth is at 40.86%. The workforce management software market, valued at $9.76 billion in 2026, is increasingly driven by AI integration for predictive workforce management, according to industry reports.
Last quarter, Asana reported earnings of $0.10 per share, beating the $0.07 consensus, and revenue of $205.1 million, exceeding the $203.9 million forecast. The earnings surprise of 42.86% underscored the company’s ability to outperform expectations, but the upcoming results will test whether its AI strategy can translate into sustained profitability.
