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Is It Too Late to Buy Asana Stock?

Leo Sun, The Motley Fool
·4-min read
Is It Too Late to Buy Asana Stock?

Asana's (NYSE: ASAN) stock jumped 19% on March 9 after the company posted its latest earnings report. For the full year, Asana's revenue increased 45% to $574 million, compared with its 67% growth in fiscal 2022, but its adjusted net loss widened from $163 million to $207 million. Asana is still growing rapidly, but is it too late to buy the stock after its year-to-date rally of about 40%?

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