NASDAQ:TEAM - Atlassian Stock Price, Forecast & News

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

Atlassian Co. PLC (NASDAQ:TEAM) posted its quarterly earnings data on Thursday, October, 17th. The technology company reported $0.28 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.04. The technology company earned $363.40 million during the quarter, compared to analyst estimates of $351.79 million. Atlassian had a negative return on equity of 2.76% and a negative net margin of 24.95%. The firm's revenue for the quarter was up 36.0% on a year-over-year basis. During the same quarter last year, the company earned $0.20 EPS. View Atlassian's Earnings History.

Atlassian is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Atlassian.

Atlassian will be holding an earnings conference call on Thursday, January 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

17 Wall Street analysts have issued 12 month target prices for Atlassian's shares. Their forecasts range from $110.00 to $175.00. On average, they expect Atlassian's stock price to reach $143.50 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Atlassian.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Atlassian.

Press coverage about TEAM stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Atlassian earned a news impact score of -3.8 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 media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Atlassian.

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

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

(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's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Selz Capital LLC (0.05%), Tributary Capital Management LLC (0.01%), Sciencast Management LP (0.01%), Wedbush Securities Inc. (0.01%), Coastline Trust Co (0.00%) and Cerebellum GP LLC (0.00%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Coastline Trust Co and Tocqueville Asset Management L.P..

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Selz Capital LLC, Cerebellum GP LLC, Tributary Capital Management LLC, Alpine Global Management LLC, Sciencast Management LP, Sawyer & Company Inc, Vigilant Capital Management LLC and Allred Capital Management 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 $132.85.

Atlassian has a market capitalization of $16.20 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]