TRADE ALERT: Sell Asana; Thesis Broke Down
9 months ago
Deep Value Returns
"ASAN sell: CEO exit & weak guidance signal thesis breakdown. 10% FY26 growth, 74x fwd FCF multiple too high. AI potential unclear, 15% mkt cap in cash. Turnaround hopes dashed by leadership vacuum & market skepticism. Preserve capital, exit position despite market weakness."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
Related Stocks
Episode Information
Episode:
TRADE ALERT: Sell Asana; Thesis Broke Down
Source:
Deep Value Returns
Published:
March 11, 2025
Idea Type:
Stock Idea