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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
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Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
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66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
NASDAQ:TEAM

Atlassian (TEAM) Stock Price, News & Analysis

$218.76
+6.47 (+3.05%)
(As of 02/9/2024 08:57 PM ET)
Compare
Today's Range
$211.24
▼
$220.99
50-Day Range
$187.85
▼
$257.43
52-Week Range
$128.02
▼
$258.69
Volume
2.08 million shs
Average Volume
1.93 million shs
Market Capitalization
$56.75 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$225.19
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Atlassian MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.9% Upside
$225.19 Price Target
Short Interest
Healthy
1.41% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.51mentions of Atlassian in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$69.25 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.39) to ($0.22) Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.98 out of 5 stars

Computer And Technology Sector

145th out of 585 stocks

Software - Application Industry

1st out of 5 stocks

See Top Rated MarketRank™ Stocks Here

TEAM stock logo

About Atlassian Stock (NASDAQ:TEAM)

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.

TEAM Stock Price History

TEAM Stock News Headlines

February 6, 2024 | marketbeat.com
Is the dip in Atlassian stock a sneaky buy opportunity?  (TEAM)
Investors should note that this is still the same Atlassian that found itself at the top of Oppenheimer’s top picks for 2024 last month.
February 6, 2024 | marketbeat.com
Is the dip in Atlassian stock a sneaky buy opportunity? 
Investors should note that this is still the same Atlassian that found itself at the top of Oppenheimer’s top picks for 2024 last month.
February 12, 2024 | DTI (Ad)
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February 11, 2024 | americanbankingnews.com
Michael Cannon-Brookes Sells 8,241 Shares of Atlassian Co. (NASDAQ:TEAM) Stock
February 11, 2024 | americanbankingnews.com
StockNews.com Upgrades Atlassian (NASDAQ:TEAM) to Buy
February 10, 2024 | seekingalpha.com
Atlassian: Lack Of Profitability And Operating Leverage Concerning
February 9, 2024 | americanbankingnews.com
Insider Selling: Atlassian Co. (NASDAQ:TEAM) CEO Sells 8,241 Shares of Stock
February 8, 2024 | finance.yahoo.com
An Intrinsic Calculation For Atlassian Corporation (NASDAQ:TEAM) Suggests It's 25% Undervalued
February 12, 2024 | The Oxford Club (Ad)
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February 7, 2024 | americanbankingnews.com
Atlassian (NASDAQ:TEAM) Stock Price Down 2.3% After Insider Selling
February 6, 2024 | msn.com
Is the dip in Atlassian stock a sneaky buy opportunity?
February 6, 2024 | americanbankingnews.com
Atlassian (NASDAQ:TEAM) PT Raised to $215.00 at The Goldman Sachs Group
February 5, 2024 | afr.com
Atlassian plunges $10b as earnings blues continue
February 5, 2024 | americanbankingnews.com
UBS Group Cuts Atlassian (NASDAQ:TEAM) Price Target to $250.00
February 4, 2024 | msn.com
Bad News for Atlassian Corporation Plc Stock: This New Risk Has Been Added
February 4, 2024 | americanbankingnews.com
Scott Farquhar Sells 8,241 Shares of Atlassian Co. (NASDAQ:TEAM) Stock
February 4, 2024 | americanbankingnews.com
Atlassian (NASDAQ:TEAM) Receives "Outperform" Rating from William Blair
February 4, 2024 | americanbankingnews.com
Atlassian (NASDAQ:TEAM) Shares Gap Down After Insider Selling
February 3, 2024 | finance.yahoo.com
Atlassian Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
February 2, 2024 | finance.yahoo.com
Why Atlassian (TEAM) Stock Is Nosediving
February 2, 2024 | investorplace.com
CEO Scott Farquhar Just Dumped $2 Million of Atlassian (TEAM) Stock
February 2, 2024 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Technology Stocks: Apple (AAPL) and Atlassian (TEAM)
February 2, 2024 | realmoney.thestreet.com
Atlassian price target raised by $20 at Baird, here's why
February 2, 2024 | msn.com
Atlassian Co-CEO and Co-Founder Scott Farquhar sold shares worth over $2M - filing
February 2, 2024 | finance.yahoo.com
Atlassian (TEAM) Q2 Earnings and Revenues Beat Estimates
February 2, 2024 | finance.yahoo.com
Atlassian Corporation Plc (NASDAQ:TEAM) Q2 2024 Earnings Call Transcript
February 2, 2024 | finance.yahoo.com
Q2 2024 Atlassian Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
10/27/2021
Today
2/12/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
6/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Computer and Technology
Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:TEAM
CUSIP
N/A
CIK
1650372
Web
www.atlassian.com
Phone
(415) 701-1110
Fax
N/A
Employees
6,433
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$225.19
High Stock Price Target
$285.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
18 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.49)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-486,760,000.00
Net Margins
-9.87%
Pretax Margin
-6.47%
Return on Equity
-34.56%
Return on Assets
-6.12%

Debt

Debt-to-Equity Ratio
1.04
Current Ratio
1.07
Quick Ratio
1.43

Sales & Book Value

Annual Sales
$3.89 billion
Price / Sales
14.50
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.51 per share
Price / Book
62.32

Miscellaneous

Outstanding Shares
258,059,000
Free Float
153,597,000
Market Cap
$56.45 billion
Optionable
Optionable
Beta
0.70

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Should I Buy Atlassian Stock? TEAM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Atlassian was last updated on Wednesday, January 31, 2024 at 8:28 PM.

Pros

Here are some ways that investors could benefit from investing in Atlassian Co.:

  • Strong product portfolio: Atlassian offers a range of software products, including Jira Software, Jira Work Management, Confluence, and Trello. These products are widely used by businesses worldwide and provide solutions for project management, collaboration, and organization.
  • Market leadership: Atlassian is a well-established company in the prepackaged software industry. It has a strong market presence and is recognized as a leader in its field.
  • Continuous innovation: Atlassian is known for its continuous innovation and product development. The company regularly releases updates and new features for its software products, ensuring that customers have access to the latest technology.
  • Positive institutional ownership: Atlassian has a significant percentage of its stock owned by institutional investors and hedge funds. This indicates confidence in the company's performance and potential for growth.
  • Recent financial performance: Atlassian has shown positive financial performance in recent periods. This includes revenue growth and profitability, which are important indicators for investors.

Cons

Investors should be bearish about investing in Atlassian Co. for these reasons:

  • Competition in the software industry: The prepackaged software industry is highly competitive, with many players offering similar products and services. Atlassian faces competition from both established companies and startups, which could impact its market share and profitability.
  • Dependency on technology trends: Atlassian's success is closely tied to technology trends and the demand for its software products. Any significant changes in technology or shifts in customer preferences could affect the company's growth prospects.
  • Market volatility: Like any publicly traded company, Atlassian is subject to market volatility. Fluctuations in the stock market can impact the company's stock price, which may result in potential losses for investors.
  • Regulatory and legal risks: Operating in multiple countries exposes Atlassian to regulatory and legal risks. Changes in laws and regulations, as well as legal disputes, could have a negative impact on the company's operations and financial performance.
  • Currency exchange rate fluctuations: As a global company, Atlassian is exposed to currency exchange rate fluctuations. Changes in exchange rates can affect the company's revenue and profitability, especially when dealing with international customers and suppliers.














TEAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Atlassian stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last twelve months. There are currently 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TEAM shares.
View TEAM analyst ratings or view top-rated stocks.

What is Atlassian's stock price target for 2024?

18 analysts have issued 12-month price targets for Atlassian's shares. Their TEAM share price targets range from $150.00 to $285.00. On average, they predict the company's stock price to reach $225.19 in the next year. This suggests a possible upside of 2.9% from the stock's current price.
View analysts price targets for TEAM or view top-rated stocks among Wall Street analysts.

How have TEAM shares performed in 2024?

Atlassian's stock was trading at $237.86 at the beginning of the year. Since then, TEAM stock has decreased by 8.0% and is now trading at $218.76.
View the best growth stocks for 2024 here.

When is Atlassian's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TEAM earnings forecast.

How were Atlassian's earnings last quarter?

Atlassian Co. (NASDAQ:TEAM) released its quarterly earnings results on Wednesday, October, 27th. The technology company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.40 by $0.06. The technology company had revenue of $516.01 million for the quarter, compared to analyst estimates of $585.64 million. Atlassian had a negative trailing twelve-month return on equity of 34.56% and a negative net margin of 9.87%. The company's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.05 EPS.

What ETFs hold Atlassian's stock?

ETFs with the largest weight of Atlassian (NASDAQ:TEAM) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Sterling Capital Focus Equity ETF (LCG), Direxion Daily Cloud Computing Bull 2x (CLDL), Motley Fool Global Opportunities ETF (TMFG), SmartETFs Advertising & Marketing Technology ETF (MRAD), Fidelity Cloud Computing ETF (FCLD), First Trust NASDAQ 100 Technology Index Fund (QTEC) and Direxion Work From Home ETF (WFH).

What guidance has Atlassian issued on next quarter's earnings?

Atlassian updated its third quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

What is Scott Farquhar & Mike Cannon-Brookes' approval rating as Atlassian's CEO?

447 employees have rated Atlassian Chief Executive Officer Scott Farquhar & Mike Cannon-Brookes on Glassdoor.com. Scott Farquhar & Mike Cannon-Brookes has an approval rating of 97% among the company's employees. This puts Scott Farquhar & Mike Cannon-Brookes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Atlassian own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Salesforce (CRM), Netflix (NFLX), PayPal (PYPL), Trade Desk (TTD), Shopify (SHOP), Tesla (TSLA) and Twilio (TWLO).

When did Atlassian IPO?

(TEAM) raised $350 million in an IPO on Thursday, December 10th 2015. The company issued 20,000,000 shares at a price of $16.50-$18.50 per share. Goldman Sachs and Morgan Stanley served as the underwriters for the IPO and Allen & Company, UBS Investment Bank, Jefferies, Canaccord Genuity, JMP Securities, Raymond James and William Blair were co-managers.

Who are Atlassian's major shareholders?

Atlassian's stock is owned by a variety of retail and institutional investors. Top institutional investors include WCM Investment Management LLC (3.74%), Baillie Gifford & Co. (3.41%), Brown Advisory Inc. (1.35%), Franklin Resources Inc. (0.78%), Clearbridge Investments LLC (0.75%) and Norges Bank (0.40%). Insiders that own company stock include Anutthara Bharadwaj, Cameron Deatsch, Enrique T Salem, Gene Liu, Heather Mirjahangir Fernandez, Joseph Leo Binz, Michael Cannon-Brookes, Rajeev Bashyam Rajan and Scott Farquhar.
View institutional ownership trends.

How do I buy shares of Atlassian?

Shares of TEAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Atlassian have any subsidiaries?
The following companies are subsidiares of Atlassian: AgileCraft, Atlassian (Australia) Limited, Atlassian (Global) Limited, Atlassian (UK) Limited, Atlassian (UK) Operations Limited, Atlassian Australia 1 Pty Ltd, Atlassian Australia 2 Pty Ltd, Atlassian B.V., Atlassian Capital Pty. Ltd., Atlassian Corporation Pty. Ltd., Atlassian France, Atlassian Germany GmbH, Atlassian Inc., Atlassian K.K., Atlassian LLC, Atlassian Network Services Inc., Atlassian Philippines Inc., Atlassian Pty Ltd, BitBucket, BlueJimp, Code Barrel, Dogwood Labs Inc., Good Software, Hall.com, Halp, MITT Australia Pty Ltd, MITT Trust, Mindville, OpsGenie, SIP Communicator Ltd., SourceTree, StatusPage, Trello, Wikidocs, and doctape.
Read More
This page (NASDAQ:TEAM) was last updated on 2/12/2024 by MarketBeat.com Staff

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