Atlassian (TEAM) to Release Quarterly Earnings on Thursday

Atlassian (NASDAQ:TEAM - Get Free Report) is expected to issue its Q1 2026 results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $1.4018 billion for the quarter. Atlassian has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS.Investors may visit the the company's upcoming Q1 2026 earningresults page for the latest details on the call scheduled for Thursday, October 30, 2025 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.15. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Atlassian had a negative net margin of 4.92% and a negative return on equity of 14.77%. The business's revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. On average, analysts expect Atlassian to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Atlassian Price Performance

Shares of TEAM opened at $167.89 on Thursday. Atlassian has a twelve month low of $144.32 and a twelve month high of $326.00. The company has a market capitalization of $44.04 billion, a P/E ratio of -169.58 and a beta of 0.92. The firm has a 50 day moving average of $164.56 and a 200 day moving average of $189.65. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.73.

Insiders Place Their Bets

In other news, President Anutthara Bharadwaj sold 7,728 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $163.43, for a total transaction of $1,262,987.04. Following the sale, the president directly owned 182,801 shares in the company, valued at $29,875,167.43. This trade represents a 4.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott Farquhar sold 7,665 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $185.43, for a total transaction of $1,421,320.95. Following the completion of the transaction, the director directly owned 306,600 shares of the company's stock, valued at $56,852,838. This represents a 2.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 551,608 shares of company stock worth $93,203,568 over the last three months. 36.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Atlassian

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Wyoming grew its position in Atlassian by 59.7% in the second quarter. State of Wyoming now owns 444 shares of the technology company's stock worth $90,000 after acquiring an additional 166 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Atlassian by 24.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,733 shares of the technology company's stock valued at $352,000 after buying an additional 335 shares during the period. Corient Private Wealth LLC lifted its position in Atlassian by 5.7% in the second quarter. Corient Private Wealth LLC now owns 12,458 shares of the technology company's stock worth $2,530,000 after buying an additional 675 shares during the last quarter. Optimist Retirement Group LLC boosted its stake in Atlassian by 36.8% during the second quarter. Optimist Retirement Group LLC now owns 1,445 shares of the technology company's stock worth $293,000 after buying an additional 389 shares during the period. Finally, Captrust Financial Advisors increased its position in Atlassian by 1.1% during the second quarter. Captrust Financial Advisors now owns 14,002 shares of the technology company's stock valued at $2,844,000 after acquiring an additional 156 shares during the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on TEAM shares. Raymond James Financial reduced their target price on Atlassian from $300.00 to $250.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Citigroup reissued a "buy" rating on shares of Atlassian in a research report on Wednesday. BMO Capital Markets dropped their price target on shares of Atlassian from $225.00 to $200.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Truist Financial set a $230.00 price target on shares of Atlassian in a research note on Friday, August 8th. Finally, Wells Fargo & Company started coverage on shares of Atlassian in a research report on Tuesday, September 30th. They set an "overweight" rating and a $216.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Atlassian currently has an average rating of "Moderate Buy" and a consensus target price of $248.74.

About Atlassian

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.

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