NASDAQ:TEAMAtlassian Stock Price, Forecast & News

Atlassian's stock was trading at $130.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TEAM stock has increased by 27.2% and is now trading at $165.95.
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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."
View analyst ratings for Atlassian.

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 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.32. The technology company had revenue of $430.48 million for the quarter, compared to the consensus estimate of $408.86 million. Atlassian had a positive return on equity of 2.15% and a negative net margin of 21.72%.
View Atlassian's earnings history.

Atlassian updated its first quarter earnings guidance on Thursday, July, 30th. The company provided earnings per share (EPS) 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 12-month target prices for Atlassian's stock. Their forecasts range from $132.00 to $220.00. On average, they anticipate Atlassian's share price to reach $182.60 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Atlassian.

Media coverage about TEAM stock has been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative news 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 negative five to five, with scores nearest to five being the most favorable. Atlassian earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Atlassian.

Atlassian saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 8,740,000 shares, an increase of 15.0% from the December 31st total of 7,600,000 shares. Based on an average trading volume of 1,551,400 shares, the short-interest ratio is presently 5.6 days.
View Atlassian's Short Interest.

Some companies that are related to Atlassian include Intuit (INTU), Activision Blizzard (ATVI), Square (SQ), VMware (VMW), Uber Technologies (UBER), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS) and ANSYS (ANSS).
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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 (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 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 many different retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (4.66%), Pendal Group Ltd (1.97%), First Trust Advisors LP (0.56%), Frontier Capital Management Co. LLC (0.42%), Hardman Johnston Global Advisors LLC (0.41%) and New York State Common Retirement Fund (0.40%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, TimesSquare Capital Management LLC, Cambridge Trust Co., Ieq Capital LLC, Glynn Capital Management LLC, UBS Group AG, Amalgamated Bank, and PNC Financial Services Group Inc..

TEAM stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, First Trust Advisors LP, Hardman Johnston Global Advisors LLC, Fisher Asset Management LLC, Frontier Capital Management Co. LLC, Raymond James & Associates, Vident Investment Advisory LLC, and US Bancorp DE.

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 $165.95.

Atlassian has a market capitalization of $20.23 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]