SMAR vs ASAN Stock Comparison: AI Score, Valuation, Performance and Upside
Smartsheet and Asana are both cloud-based work management platforms, but Smartsheet leans on a spreadsheet-familiar interface with growing enterprise traction, while Asana has built its base through product-led growth among smaller teams and is now pushing further upmarket.
SMAR offers exposure to enterprise-focused work management adoption, while ASAN offers exposure to a broader, product-led customer base navigating a path toward sustained profitability. The decision depends on whether you favor enterprise deal momentum or product-led growth economics.
SMAR and ASAN are closely matched — they split the tracked metrics evenly.
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Want exposure to growing enterprise account expansion in work management software
- Value a platform with a familiar, spreadsheet-style user interface
- Believe larger, more strategic deployments will continue driving revenue growth
- Prefer a company with an established enterprise sales motion over a self-serve model
- Want exposure to a widely recognized, product-led work management brand
- Believe continued AI feature investment can reinvigorate net revenue retention
- Are comfortable with a company still working toward sustained profitability
- Prefer a diversified customer base spanning company sizes over an enterprise-only focus
| Metric | SMAR | ASAN |
|---|---|---|
| AI scorei | N/A | 23.7 |
| AI ranki | N/A | #3449 |
| Latest closei | N/A | $9.02 |
| 1M returni | N/A | -4.45% |
| 6M returni | N/A | +46.19% |
| 1Y returni | N/A | -35.48% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | SMAR | ASAN |
|---|---|---|
| 1Y ago | N/A | $6.45K (-35.5%) started 2025-09-25 |
| 5Y ago | N/A | $791.3 (-92.1%) started 2021-09-27 |
| 10Y ago | N/A | $3.13K (-68.7%) started 2020-09-30 |
Hypothetical — past performance does not guarantee future results.
| Metric | SMAR | ASAN |
|---|---|---|
| Market capi | N/A | $2.01B |
| Trailing P/Ei | N/A | N/A |
| Forward P/Ei | N/A | 19.29 |
| Price/Salesi | 8.25 | N/A |
| EV/Revenuei | N/A | 2.33 |
| Analyst targeti | N/A | $10.08 |
| Target upsidei | N/A | +14.90% |
| Metric | SMAR | ASAN |
|---|---|---|
| Revenue growthi | N/A | 9.90% |
| Earnings growthi | N/A | N/A |
| EPS growthi | N/A | N/A |
| FCF margini | N/A | +23.79% |
| Operating margini | N/A | -19.05% |
| Profit margini | N/A | -18.63% |
| ROIC proxyi | N/A | -93.80% |
| Return on equityi | N/A | -93.80% |
| Dividend yieldi | N/A | N/A |
| Payout ratioi | N/A | 0.00% |
| Dividend growth streaki | N/A | N/A |
| Betai | 0.31 | 0.95 |
| Debt/equityi | N/A | 247.62 |
| Current ratioi | N/A | 0.92 |
| Quick ratioi | N/A | 0.82 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | SMAR | ASAN |
|---|---|---|---|
| 1Y | Growthi | N/A | -35.48% |
| CAGRi | N/A | -35.50% | |
| Volatilityi | N/A | 66.02% | |
| Sharpe ratioi | N/A | -0.41 | |
| Sortino ratioi | N/A | -0.60 | |
| Max drawdowni | N/A | 64.06% | |
| Current drawdowni | N/A | 40.62% | |
| Avg drawdowni | N/A | 36.60% | |
| Ulcer Indexi | N/A | 41.70% | |
| Max daily dropi | N/A | 12.69% | |
| Max wkly dropi | N/A | 18.73% | |
| 5Y | Growthi | N/A | -92.09% |
| CAGRi | N/A | -39.83% | |
| Volatilityi | N/A | 79.28% | |
| Sharpe ratioi | N/A | -0.30 | |
| Sortino ratioi | N/A | -0.44 | |
| Max drawdowni | N/A | 96.17% | |
| Current drawdowni | N/A | 93.68% | |
| Avg drawdowni | N/A | 83.76% | |
| Ulcer Indexi | N/A | 85.53% | |
| Max daily dropi | N/A | 26.40% | |
| Max wkly dropi | N/A | 39.53% | |
| 10Y | Growthi | N/A | -68.68% |
| CAGRi | N/A | -17.63% | |
| Volatilityi | N/A | 76.66% | |
| Sharpe ratioi | N/A | 0.07 | |
| Sortino ratioi | N/A | 0.10 | |
| Max drawdowni | N/A | 96.17% | |
| Current drawdowni | N/A | 93.68% | |
| Avg drawdowni | N/A | 71.75% | |
| Ulcer Indexi | N/A | 78.37% | |
| Max daily dropi | N/A | 26.40% | |
| Max wkly dropi | N/A | 39.53% |
| Category | SMAR | ASAN |
|---|---|---|
| Company | Smartsheet Inc. | Asana, Inc. |
| Sector | Enterprise SaaS | Technology |
| Industry | N/A | Software - Application |
| Core business | A cloud-based work execution platform combining spreadsheet-like familiarity with project management, automation, and reporting tools used by teams to plan, track, and manage work. | A cloud-based work management platform that helps teams organize, track, and manage projects and tasks, with a strong self-serve and mid-market customer base alongside growing enterprise adoption. |
| Investor focus | Enterprise account expansion and large-deal traction, net revenue retention among bigger customers, and adoption of AI-assisted workflow automation features. | Progress toward sustained profitability, net revenue retention trends amid a challenging spending environment for productivity software, and adoption of AI-driven workflow features. |
- Familiar spreadsheet-style interface lowers the learning curve for new users compared with more rigid project management tools
- Growing traction with larger enterprise customers has supported a shift toward bigger, more strategic deployments
- Broad platform capabilities spanning content collaboration, automation, and reporting create multiple paths for expanding usage within accounts
- Strong brand recognition and product-led growth motion have historically driven efficient acquisition of smaller teams and departments
- Continued investment in AI-powered work management features aims to differentiate the platform amid a crowded market
- Diversified customer base across company sizes and industries reduces reliance on any single market segment
- Competition from both dedicated project management vendors and broader productivity suites requires continued differentiation
- Enterprise sales cycles are typically longer and more resource-intensive than smaller-customer motions
- Sustaining net revenue retention as the customer base matures depends on continued upsell and cross-sell execution
- Net revenue retention has faced pressure from macro-driven seat reductions and increased competitive intensity
- Path to sustained GAAP profitability remains an ongoing focus alongside continued growth investment
- Crowded competitive landscape spanning both dedicated work management tools and adjacent productivity platforms requires continued differentiation
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