Asana shares declined 19% after releasing fiscal 2026 guidance that disappointed investors, despite surpassing expectations in the first quarter with higher earnings, revenue, and its first positive operating margin. A record $100 million customer deal was signed, but weak full-year forecasts for earnings and revenue caused concern. The guidance cited macroeconomic risks and contract adjustments that impacted revenue growth. Analysts remain cautious amid slowing growth and macroeconomic uncertainties.