Atlassian (TEAM) Set to Release Quarterly Earnings on Thursday

Key Points

• Atlassian is scheduled to report Q1 fiscal 2027 results on November 5, 2026, after market close. Analysts expect earnings of $1.39 per share on $1.71 billion in revenue.
• In its previous quarter, Atlassian reported $1.87 in EPS and $1.77 billion in revenue, exceeding analyst estimates, while revenue increased 27.6% year over year.
• Wall Street maintains a “Moderate Buy” consensus, with 24 Buy, four Hold and one Sell rating and an average price target of $214.88; several firms recently raised their targets.

Atlassian (NASDAQ:TEAM - Get Free Report) is expected to issue its Q1 2027 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $1.71 billion for the quarter. Parties may visit the company's upcoming Q1 2027 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM - Get Free Report) last released its quarterly earnings data on Friday, August 7th. The technology company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.37. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.66 billion. Atlassian had a positive return on equity of 20.99% and a negative net margin of 0.82%. Atlassian's revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. On average, analysts expect Atlassian to post $0.69 EPS for the current fiscal year and $1.47 EPS for the next fiscal year.

Atlassian Trading Up 0.3%

Shares of TEAM stock opened at $220.12 on Thursday. The firm has a market capitalization of $55.72 billion, a P/E ratio of -1,158.53, a P/E/G ratio of 24.27 and a beta of 1.22. Atlassian has a twelve month low of $56.01 and a twelve month high of $229.96. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.93. The stock's fifty day simple moving average is $194.29 and its 200 day simple moving average is $117.71.

Insider Transactions at Atlassian

In related news, CFO James Chuong sold 9,054 shares of Atlassian stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $172.45, for a total value of $1,561,362.30. Following the transaction, the chief financial officer directly owned 279,218 shares of the company's stock, valued at $48,151,144.10. The trade was a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Brian Duffy sold 7,617 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $163.00, for a total value of $1,241,571.00. Following the completion of the sale, the executive owned 220,074 shares in the company, valued at $35,872,062. The trade was a 3.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 22,475 shares of company stock worth $3,822,643 over the last ninety days. 37.63% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Weiss Ratings reissued a "sell (e+)" rating on shares of Atlassian in a research note on Thursday, October 15th. Robert W. Baird boosted their price target on Atlassian from $200.00 to $245.00 and gave the stock an "outperform" rating in a report on Monday, September 28th. Oppenheimer upped their price objective on Atlassian from $200.00 to $275.00 and gave the company an "outperform" rating in a research note on Thursday, October 22nd. KeyCorp raised their price objective on shares of Atlassian from $185.00 to $235.00 and gave the company an "overweight" rating in a report on Monday, October 19th. Finally, BMO Capital Markets raised their price objective on shares of Atlassian from $95.00 to $175.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $214.88.

About Atlassian

Atlassian Corporation develops collaboration, project-management and workflow software for technology, business and service teams. Its products are designed to help organizations plan projects, manage software development, coordinate work and share knowledge across departments.

Its product portfolio includes Jira for project and issue tracking, Confluence for team collaboration and knowledge management, Jira Service Management for IT and enterprise service workflows, Trello for organizing tasks and projects, Loom for video messaging and screen recording, and Bitbucket for source-code management and collaboration.

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