Atlassian Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Atlassian stock.
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15 Wall Street analysts have issued 12-month price targets for Atlassian's shares. Their TEAM stock forecasts range from $180.00 to $520.00. On average, they predict Atlassian's stock price to reach $369.56 in the next twelve months. This suggests a possible upside of 77.8% from the stock's current price.
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Atlassian's stock was trading at $381.29 at the beginning of 2022. Since then, TEAM stock has decreased by 45.5% and is now trading at $207.85.
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Atlassian is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Atlassian Co. Plc (NASDAQ:TEAM) released its quarterly earnings results on Thursday, April, 28th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.10. The technology company earned $740.49 million during the quarter, compared to analyst estimates of $703.87 million. Atlassian had a negative net margin of 27.73% and a negative trailing twelve-month return on equity of 56.13%. Atlassian's revenue for the quarter was up 30.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share.
View Atlassian's earnings history.

Atlassian updated its fourth quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $0.24-$0.24 for the period, compared to the consensus earnings per share estimate of $0.30. The company issued revenue guidance of $710.00 million-$725.00 million, compared to the consensus revenue estimate of $709.99 million.

447 employees have rated Atlassian CEO Scott Farquhar & Mike Cannon-Brookes on Glassdoor.com. Scott Farquhar & Mike Cannon-Brookes has an approval rating of 97% among Atlassian's employees. This puts Scott Farquhar & Mike Cannon-Brookes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Atlassian include ServiceNow (NOW), Activision Blizzard (ATVI), NetEase (NTES), Dassault Systèmes (DASTY), Snowflake (SNOW), VMware (VMW), Synopsys (SNPS), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Shopify (SHOP), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Datadog (DDOG) and Veeva Systems (VEEV).
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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), Square (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 (IPO) on Thursday, December 10th 2015. The company issued 20,000,000 shares at $16.50-$18.50 per share. Goldman Sachs and Morgan Stanley served 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 many different retail and institutional investors. Top institutional shareholders include Red Spruce Capital LLC (0.00%).

TEAM stock was acquired by a variety of institutional investors in the last quarter, including Red Spruce Capital LLC.

Shares of TEAM 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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One share of TEAM stock can currently be purchased for approximately $207.85.

Atlassian (NASDAQ:TEAM) has a market capitalization of $28.54 billion and generates $2.09 billion in revenue each year. The technology company earns $-696,320,000.00 in net income (profit) each year or ($2.87) on an earnings per share basis.

Atlassian employs 6,433 workers across the globe.

Atlassian was founded in 2002.

Atlassian's mailing address is Exchange House Primrose Street, London X0, EC2A 2EG. The official website for Atlassian is www.atlassian.com. The technology company can be reached via phone at (129) 262-1443 or via email at ir@atlassian.com.