NASDAQ:TEAMAtlassian Stock Price, Forecast & News

Atlassian's stock was trading at $130.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TEAM shares have increased by 36.4% and is now trading at $177.95.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Atlassian is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Atlassian.

Atlassian Co. PLC (NASDAQ:TEAM) announced its quarterly earnings data on Thursday, July, 30th. The technology company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.32. The technology company had revenue of $430.48 million for the quarter, compared to analysts' expectations of $408.86 million. Atlassian had a negative net margin of 21.72% and a positive return on equity of 2.15%.
View Atlassian's earnings history.

Atlassian issued an update on its first quarter earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of $0.26-$0.27 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of $430-$445 million, compared to the consensus revenue estimate of $438.88 million.

18 equities research analysts have issued twelve-month price targets for Atlassian's stock. Their forecasts range from $132.00 to $220.00. On average, they expect Atlassian's stock price to reach $182.60 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts' price targets for Atlassian.

Media stories about TEAM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Atlassian earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Atlassian.

Some companies that are related to Atlassian include ServiceNow (NOW), Intuit (INTU), Activision Blizzard (ATVI), VMware (VMW), Square (SQ), Uber Technologies (UBER), Autodesk (ADSK), Dassault Systemes (DASTY), Docusign (DOCU), Electronic Arts (EA), Twilio (TWLO), Veeva Systems (VEEV), Splunk (SPLK), Cadence Design Systems (CDNS) and Synopsys (SNPS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Square (SQ), Trade Desk (TTD), salesforce.com (CRM), Shopify (SHOP), Twilio (TWLO) and Adobe (ADBE).

(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 trades on the NASDAQ under the ticker symbol "TEAM."

Atlassian's stock is owned by a number of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.56%), Frontier Capital Management Co. LLC (0.42%), Hardman Johnston Global Advisors LLC (0.41%), Glynn Capital Management LLC (0.25%), Raymond James & Associates (0.10%) and Ieq Capital LLC (0.09%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including Ieq Capital LLC, Glynn Capital Management LLC, UBS Group AG, Tributary Capital Management LLC, Strs Ohio, Banque Cantonale Vaudoise, Belpointe Asset Management LLC, and Redhawk Wealth Advisors Inc..

TEAM stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Hardman Johnston Global Advisors LLC, Frontier Capital Management Co. LLC, Raymond James & Associates, Vident Investment Advisory LLC, Geneva Partners LLC, Covenant Asset Management LLC, and Envestnet Asset Management Inc..

Shares of TEAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TEAM stock can currently be purchased for approximately $177.95.

Atlassian has a market capitalization of $21.70 billion and generates $1.61 billion in revenue each year. The technology company earns $-385,220,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis. Atlassian employs 3,616 workers across the globe.

The official website for Atlassian is www.atlassian.com.

Atlassian's mailing address is Exchange House Primrose Street, London X0, EC2A 2EG. The technology company can be reached via phone at 415-701-1110 or via email at [email protected]