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NASDAQ:TEAM

Atlassian (TEAM) Stock Price, News & Analysis

$168.86
-5.32 (-3.05%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$168.71
$173.60
50-Day Range
$168.86
$214.65
52-Week Range
$156.44
$258.69
Volume
1.93 million shs
Average Volume
1.70 million shs
Market Capitalization
$43.95 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$223.22

Atlassian MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
32.2% Upside
$223.22 Price Target
Short Interest
Healthy
1.19% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.55mentions of Atlassian in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$57.92 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.23) to ($0.24) 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.

4.71 out of 5 stars

Computer And Technology Sector

59th out of 597 stocks

Prepackaged Software Industry

14th out of 204 stocks

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

Atlassian: Risk/Reward Still Not Attractive
Atlassian (TEAM) Stock Trades Up, Here Is Why
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/27/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:TEAM
Fax
N/A
Employees
6,433
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$223.22
High Stock Price Target
$285.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
20 Analysts

Profitability

Net Income
$-486,760,000.00
Pretax Margin
-1.84%

Debt

Sales & Book Value

Annual Sales
$3.53 billion
Book Value
$4.36 per share

Miscellaneous

Free Float
154,929,000
Market Cap
$43.95 billion
Optionable
Optionable
Beta
0.67

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TEAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Atlassian stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 10 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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?

20 Wall Street research analysts have issued 1-year target prices for Atlassian's shares. Their TEAM share price targets range from $150.00 to $285.00. On average, they predict the company's share price to reach $223.22 in the next twelve months. This suggests a possible upside of 32.2% 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 2024. Since then, TEAM stock has decreased by 29.0% and is now trading at $168.86.
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, August 1st 2024.
View our TEAM earnings forecast
.

How were Atlassian's earnings last quarter?

Atlassian Co. (NASDAQ:TEAM) released its earnings results on Thursday, April, 25th. The technology company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.27. The technology company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.10 billion. Atlassian had a negative trailing twelve-month return on equity of 13.95% and a negative net margin of 3.90%. Atlassian's revenue was up 29.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.40) earnings per share.

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

Atlassian updated its fourth quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) 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?

Atlassian (TEAM) raised $350 million in an initial public offering 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 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.

Who are Atlassian's major shareholders?

Atlassian's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.98%), Price T Rowe Associates Inc. MD (4.28%), WCM Investment Management LLC (3.64%), Baillie Gifford & Co. (3.28%), Capital International Investors (0.94%) and Clearbridge Investments LLC (0.80%). 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 5/27/2024 by MarketBeat.com Staff

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