Atlassian Stock Price, News & Analysis (NASDAQ:TEAM)

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 7 hold ratings and 10 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.

17 brokerages have issued 1-year price targets for Atlassian's shares. Their TEAM share price targets range from $150.00 to $240.00. On average, they anticipate the company's stock price to reach $202.19 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
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Atlassian's stock was trading at $128.68 on January 1st, 2023. Since then, TEAM shares have increased by 46.4% and is now trading at $188.41.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our TEAM earnings forecast.

Atlassian Co. (NASDAQ:TEAM) announced its quarterly earnings results on Thursday, November, 2nd. The technology company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.03. The technology company had revenue of $977.78 million for the quarter, compared to analysts' expectations of $961.59 million. Atlassian had a negative net margin of 13.63% and a negative trailing twelve-month return on equity of 50.61%.

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).

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.

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).

(TEAM) raised $350 million in an initial public offering on Thursday, December 10th 2015. The company issued 20,000,000 shares at $16.50-$18.50 per share. Goldman Sachs and Morgan Stanley acted 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.

Atlassian's stock is owned by a variety of retail and institutional investors. Top institutional investors include WCM Investment Management LLC (3.65%), Baillie Gifford & Co. (2.83%), Artisan Partners Limited Partnership (2.35%), Sands Capital Management LLC (1.93%), Brown Advisory Inc. (1.25%) and Clearbridge Investments LLC (0.77%). 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.
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Shares of TEAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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