Advertisement
ASAN vs WDAY
Which Stock Would AI Choose? Asana (ASAN) vs. Workday (WDAY) Stock Comparison
Key Takeaways
- ASAN is a smaller, faster-moving work-management software provider that remains unprofitable on a GAAP basis, while WDAY is a much larger, profitable enterprise cloud vendor for finance and human resources.
- Asana trades near a roughly $2 billion market capitalization with high short interest and sub-100% net revenue retention; Workday commands a market cap above $45 billion with expanding margins and strong free cash flow.
- Both companies are leaning into AI agents, but Workday has begun monetizing AI more visibly, citing more than $100 million in new annual contract value tied to AI products.
- Relative performance favors Workday on stability and fundamentals, while Asana offers higher beta and a turnaround-oriented profile that appeals to a different risk appetite.
Introduction
Software stocks in the "future of work" category often get grouped together, yet ASAN and WDAY sit at opposite ends of the maturity spectrum. Asana is a mid-cap work-management platform working toward profitability, while Workday is a large-cap enterprise applications leader with established earnings power. This stock comparison is relevant to investors weighing growth-stage turnaround risk against large-cap stability, and to traders evaluating how AI adoption is reshaping market positioning across the software sector. Understanding their relative performance, business models, and sentiment can clarify which profile better matches current market conditions.
ASAN Overview and Recent Performance
Asana, Inc. (ASAN) develops a work-management platform that helps teams coordinate projects and workflows, with a growing emphasis on AI agents and "human-AI" collaboration. In recent market activity, the stock has shown considerable volatility, with a 52-week range spanning roughly $5 to $15 and a beta above 1.1, indicating swings wider than the broader market. Recent weeks have featured a company focus on AI capabilities, a FedRAMP Moderate authorization for its government-oriented product, and a CFO transition as part of a broader leadership refresh.
Sentiment has been shaped by mixed fundamentals. Revenue growth has moderated to roughly 10% year over year, the company still reports GAAP (Generally Accepted Accounting Principles) losses, and net revenue retention (the rate at which existing customers expand their spending) has remained below 100%. Elevated short interest — reported around 28% of float — signals meaningful skepticism, while analyst consensus sits near "Hold." These factors make ASAN a higher-risk, catalyst-driven story.
WDAY Overview and Recent Performance
Workday, Inc. (WDAY) is a leading provider of cloud applications for human resources and financial management, serving organizations from mid-sized firms to more than 45% of the Fortune 500. In recent market activity, the stock has traded within a 52-week range of roughly $110 to $247, with a beta near 1.0, reflecting a steadier profile than its smaller peer. Recent quarters have shown subscription revenue growth around 12%–13% and a profit margin near 12% on a GAAP basis.
Sentiment has been supported by expanding profitability and shareholder returns. Workday recently reported a non-GAAP operating margin above 30%, completed a multi-billion-dollar buyback ahead of schedule, and authorized a new repurchase program. AI has become a visible growth driver, with the company citing more than 5,500 customers adopting its AI agents and over $100 million in new annual contract value tied to AI products. These developments reinforce Workday's positioning as a profitable, scaled incumbent.
Trending AI Robots
For traders seeking a systematic way to navigate comparisons like this one, Tickeron's Trending AI Robots page curates a focused selection of AI trading bots. Tickeron maintains hundreds of AI Trading Bots that trade thousands of different tickers, yet only the most suitable for current market conditions earn a place in this curated section. Each bot operates with its own trading style, strategy, timeframe, performance history, statistics, and set of tickers it trades. The showcased bots present observable metrics that can help users evaluate relative positioning across names such as ASAN and WDAY. Explore the Trending AI Robots page to review the currently featured bots and their performance.
Head-to-Head Comparison
The clearest contrast is scale and profitability. Workday generates more than $10 billion in trailing revenue with positive net income and roughly $3 billion in annual operating cash flow, while Asana's trailing revenue is under $1 billion and it remains unprofitable on a GAAP basis. On growth, Asana's revenue expansion has slowed to roughly 10%, whereas Workday's subscription revenue continues to compound at a low-teens rate from a far larger base — a meaningful difference in durability.
Risk profiles diverge sharply. Asana carries elevated short interest, a compressed equity base relative to debt, and customer retention metrics still below the expansionary threshold, creating sensitivity to execution and sentiment shifts. Workday faces lower balance-sheet and retention risk, though its premium valuation and slower absolute growth present their own trade-offs. Sector exposure overlaps — both are application software names tied to enterprise AI spending — but Asana's momentum is more speculative, while Workday's is anchored by recurring subscription revenue and expanding margins.
Tickeron AI Verdict
Based on observable trend consistency, earnings stability, catalyst quality, and relative market positioning, Tickeron's AI would likely favor WDAY in the current environment. Workday exhibits steadier price trends above key moving averages, consistent profitability, visible AI-driven revenue, and shareholder-friendly capital returns. Asana's higher volatility and unproven profitability make its path more dependent on individual catalysts. The assessment is probabilistic rather than definitive: under a momentum-oriented regime, ASAN could attract AI attention on trend acceleration, but on stability and risk-adjusted positioning, WDAY currently presents the stronger profile.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ASAN is a Hold and WDAY is a Hold.
ASAN sees MACD Histogram crosses below signal line
ASAN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 03, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In 40 of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ASAN moved out of overbought territory on October 29, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In 19 of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at 83%.
The Momentum Indicator moved below the 0 level on November 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ASAN as a result. In 69 of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 86%.
ASAN moved below its 50-day moving average on November 10, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASAN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day moving average for ASAN crossed bullishly above the 50-day moving average on October 13, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 76%.
Following a +5.24% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASAN advanced for three days, in 213 of 282 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.
ASAN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 132 of 171 cases where ASAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 77%.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. ASAN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 58 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (23.287) is normal, around the industry mean (-1.906). P/E Ratio (-16.323) is within average values for comparable stocks, (9.554). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.069) among similar stocks. P/S Ratio (2.753) is also within normal values, averaging (70.383).
The Tickeron PE Growth Rating for this company is 89 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 98 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ASAN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
WDAY in -2.08% downward trend, falling for three consecutive days on November 10, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where WDAY declined for three days, in 201 of 289 cases, the price declined further within the following month. The odds of a continued downward trend are 70%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for WDAY moved out of overbought territory on October 26, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In 21 of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at 55%.
The Momentum Indicator moved below the 0 level on November 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on WDAY as a result. In 57 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 64%.
The Moving Average Convergence Divergence Histogram (MACD) for WDAY turned negative on October 30, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 30 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 64%.
WDAY broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 38 of 66 cases where WDAY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 58%.
WDAY moved above its 50-day moving average on November 13, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for WDAY crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 56%.
Following a +1.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where WDAY advanced for three days, in 170 of 300 cases, the price rose further within the following month. The odds of a continued upward trend are 57%.
The Aroon Indicator entered an Uptrend today. In 109 of 167 cases where WDAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 65%.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. WDAY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 54 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 82 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.196) is normal, around the industry mean (-1.906). P/E Ratio (39.207) is within average values for comparable stocks, (9.554). Projected Growth (PEG Ratio) (0.689) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.069) among similar stocks. P/S Ratio (4.773) is also within normal values, averaging (70.383).
The Tickeron PE Growth Rating for this company is 94 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WDAY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
ASAN | WDAY | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 65 | 69 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 58 Fair valued | 82 Overvalued | |
PROFIT vs RISK RATING 1..100 | 100 | 100 | |
SMR RATING 1..100 | 98 | 54 | |
PRICE GROWTH RATING 1..100 | 45 | 45 | |
P/E GROWTH RATING 1..100 | 89 | 94 | |
SEASONALITY SCORE 1..100 | 50 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
ASAN's Valuation (58) in the null industry is in the same range as WDAY (82) in the Information Technology Services industry. This means that ASAN’s stock grew similarly to WDAY’s over the last 12 months.
ASAN's Profit vs Risk Rating (100) in the null industry is in the same range as WDAY (100) in the Information Technology Services industry. This means that ASAN’s stock grew similarly to WDAY’s over the last 12 months.
WDAY's SMR Rating (54) in the Information Technology Services industry is somewhat better than the same rating for ASAN (98) in the null industry. This means that WDAY’s stock grew somewhat faster than ASAN’s over the last 12 months.
WDAY's Price Growth Rating (45) in the Information Technology Services industry is in the same range as ASAN (45) in the null industry. This means that WDAY’s stock grew similarly to ASAN’s over the last 12 months.
ASAN's P/E Growth Rating (89) in the null industry is in the same range as WDAY (94) in the Information Technology Services industry. This means that ASAN’s stock grew similarly to WDAY’s over the last 12 months.
| ASAN | WDAY | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 83% | 2 days ago 55% |
| Stochastic ODDS (%) | 2 days ago 80% | 2 days ago 58% |
| Momentum ODDS (%) | 2 days ago 86% | 2 days ago 64% |
| MACD ODDS (%) | 2 days ago 90% | 2 days ago 64% |
| TrendWeek ODDS (%) | 2 days ago 84% | 2 days ago 63% |
| TrendMonth ODDS (%) | 2 days ago 84% | 2 days ago 64% |
| Advances ODDS (%) | 11 days ago 76% | 13 days ago 57% |
| Declines ODDS (%) | 5 days ago 85% | 5 days ago 70% |
| BollingerBands ODDS (%) | 2 days ago 81% | 2 days ago 65% |
| Aroon ODDS (%) | 2 days ago 77% | 2 days ago 65% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
ASAN’s FA Score shows that 0 FA rating(s) are green while WDAY’s FA Score has 0 green FA rating(s).
- ASAN’s FA Score: 0 green, 5 red.
- WDAY’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
ASAN’s TA Score shows that 5 TA indicator(s) are bullish while WDAY’s TA Score has 5 bullish TA indicator(s).
- ASAN’s TA Score: 5 bullish, 5 bearish.
- WDAY’s TA Score: 5 bullish, 5 bearish.
Price Growth
ASAN (@Packaged Software) experienced а -8.48% price change this week, while WDAY (@Packaged Software) price change was +1.84% for the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was -0.39%. For the same industry, the average monthly price growth was -2.75%, and the average quarterly price growth was +2.60%.
Reported Earning Dates
ASAN is expected to report earnings on Dec 01, 2026.
WDAY is expected to report earnings on Nov 24, 2026.
Industries' Descriptions
@Packaged Software (-0.39% weekly)Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
Advertisement
ASAN and
Correlation & Price change
A.I.dvisor indicates that over the last year, ASAN has been closely correlated with WDAY. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASAN jumps, then WDAY could also see price increases.
| Ticker / NAME | Correlation To ASAN | 1D Price Change % | ||
|---|---|---|---|---|
| ASAN | 100% | +0.41% | ||
| WDAY - ASAN | 75% Closely correlated | +3.05% | ||
| HUBS - ASAN | 75% Closely correlated | +0.65% | ||
| FRSH - ASAN | 75% Closely correlated | N/A | ||
| TEAM - ASAN | 75% Closely correlated | -1.51% | ||
| DOCU - ASAN | 72% Closely correlated | +0.76% | ||
More | ||||
WDAY and
Correlation & Price change
A.I.dvisor indicates that over the last year, WDAY has been closely correlated with ADBE. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if WDAY jumps, then ADBE could also see price increases.
| Ticker / NAME | Correlation To WDAY | 1D Price Change % | ||
|---|---|---|---|---|
| WDAY | 100% | +3.05% | ||
| ADBE - WDAY | 76% Closely correlated | +1.90% | ||
| ASAN - WDAY | 75% Closely correlated | +0.41% | ||
| INTU - WDAY | 72% Closely correlated | +0.45% | ||
| FRSH - WDAY | 71% Closely correlated | N/A | ||
| CRM - WDAY | 71% Closely correlated | +0.12% | ||
More | ||||