Atlassian (TEAM) Projected to Post Earnings on Thursday

Atlassian (NASDAQ:TEAM - Get Free Report) is projected to release its Q3 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect Atlassian to post earnings of $0.90 per share and revenue of $1.35 billion for the quarter. Atlassian has set its Q3 2025 guidance at EPS and its FY 2025 guidance at EPS.

Atlassian (NASDAQ:TEAM - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.85). Atlassian had a negative net margin of 7.22% and a negative return on equity of 17.37%. On average, analysts expect Atlassian to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Atlassian Stock Down 0.6 %

TEAM stock traded down $1.34 during mid-day trading on Tuesday, reaching $228.49. The company had a trading volume of 1,235,381 shares, compared to its average volume of 2,044,092. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a 50 day simple moving average of $226.37 and a two-hundred day simple moving average of $244.81. The company has a market capitalization of $59.86 billion, a price-to-earnings ratio of -170.51 and a beta of 1.07. Atlassian has a 52 week low of $135.29 and a 52 week high of $326.00.

Insider Transactions at Atlassian

In other news, President Anutthara Bharadwaj sold 1,723 shares of Atlassian stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $305.84, for a total transaction of $526,962.32. Following the sale, the president now directly owns 199,934 shares of the company's stock, valued at approximately $61,147,814.56. This trade represents a 0.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Michael Cannon-Brookes sold 7,948 shares of the company's stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $229.59, for a total value of $1,824,781.32. Following the completion of the transaction, the chief executive officer now directly owns 222,544 shares of the company's stock, valued at $51,093,876.96. This represents a 3.45 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 269,461 shares of company stock valued at $67,691,287. Corporate insiders own 38.55% of the company's stock.

Wall Street Analysts Forecast Growth

TEAM has been the subject of several research analyst reports. Macquarie upgraded Atlassian from a "neutral" rating to an "outperform" rating and reduced their target price for the stock from $317.00 to $270.00 in a research note on Thursday, April 10th. UBS Group reduced their target price on Atlassian from $330.00 to $230.00 and set a "neutral" rating for the company in a research note on Tuesday, April 1st. William Blair reiterated an "outperform" rating on shares of Atlassian in a research note on Friday, January 31st. BMO Capital Markets reduced their target price on Atlassian from $360.00 to $295.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. Finally, Piper Sandler lifted their target price on Atlassian from $310.00 to $365.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Five research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $301.90.

Atlassian Company Profile

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.