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. Since then, TEAM shares have increased by 7.9% and is now trading at $140.68. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Atlassian.

Atlassian is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for Atlassian.

Atlassian Co. PLC (NASDAQ:TEAM) posted its earnings results on Thursday, January, 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.10. The technology company earned $408.70 million during the quarter, compared to the consensus estimate of $389.43 million. Atlassian had a negative net margin of 17.44% and a positive return on equity of 0.68%. Atlassian's revenue for the quarter was up 36.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 EPS. View Atlassian's earnings history.

Atlassian issued an update on its FY20 earnings guidance on Thursday, January, 23rd. The company provided EPS guidance of ~$1.03-1.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.02. The company issued revenue guidance of $1.59-1.60 billion, compared to the consensus revenue estimate of $1.55 billion.

19 Wall Street analysts have issued 1 year price objectives for Atlassian's shares. Their forecasts range from $126.00 to $180.00. On average, they expect Atlassian's stock price to reach $155.18 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Atlassian.

Press coverage about TEAM stock has trended very negative on Thursday, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Atlassian earned a news impact score of -3.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutAtlassian.

Atlassian saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 8,118,400 shares, an increase of 15.3% from the February 27th total of 7,040,000 shares. Based on an average trading volume of 2,081,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 7.4% of the shares of the company are short sold. View Atlassian's Current Options Chain.

Some companies that are related to Atlassian include Intuit (INTU), VMware (VMW), ServiceNow (NOW), Activision Blizzard (ATVI), Uber Technologies (UBER), Shopify (SHOP), Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Veeva Systems (VEEV), Square (SQ), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS) and Splunk (SPLK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Netflix (NFLX), salesforce.com (CRM), Square (SQ), Trade Desk (TTD), Twilio (TWLO), Adobe (ADBE) and Shopify (SHOP).

(TEAM) raised $350 million in an IPO 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 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 institutional and retail investors. Top institutional investors include Harbour Capital Advisors LLC (0.00%), IBM Retirement Fund (0.00%) and Global Trust Asset Management LLC (0.00%).

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Global Trust Asset Management LLC, IBM Retirement Fund, and Harbour Capital Advisors LLC.

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 $140.68.

Atlassian has a market capitalization of $17.15 billion and generates $1.21 billion in revenue each year. The technology company earns $-637,620,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. Atlassian employs 3,616 workers across the globe. View additional information about Atlassian.

The official website for Atlassian is http://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]