NASDAQ:TEAM - Atlassian Stock Price, Price Target & More

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

Atlassian (NASDAQ:TEAM) issued its earnings results on Thursday, April, 19th. The technology company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.13. The technology company had revenue of $223.70 million for the quarter, compared to the consensus estimate of $218.79 million. Atlassian had a negative net margin of 14.19% and a negative return on equity of 3.18%. The business's quarterly revenue was up 39.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 earnings per share. View Atlassian's Earnings History.

Atlassian is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Atlassian.

Atlassian issued an update on its fourth quarter earnings guidance on Thursday, April, 19th. The company provided earnings per share guidance of $0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.14. The company issued revenue guidance of $232-234 million, compared to the consensus revenue estimate of $232.35 million.

12 brokers have issued 1 year price objectives for Atlassian's stock. Their forecasts range from $47.00 to $74.00. On average, they anticipate Atlassian's share price to reach $62.10 in the next twelve months. View Analyst Ratings for Atlassian.

Atlassian saw a increase in short interest in April. As of April 30th, there was short interest totalling 9,584,660 shares, an increase of 33.0% from the April 13th total of 7,203,807 shares. Based on an average daily volume of 2,452,054 shares, the days-to-cover ratio is presently 3.9 days. Approximately 9.9% of the company's stock are sold short.

Some companies that are related to Atlassian include Square (SQ), Splunk (SPLK), Check Point Software Technologies (CHKP), Shopify (SHOP), CA Technologies (CA), Citrix Systems (CTXS), Mobileye (MBBYF), Ansys (ANSS), Synopsys (SNPS), Symantec (SYMC), Take-Two Interactive (TTWO), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Dropbox (DBX) and Ubisoft (UBSFY).

(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.

Media stories about TEAM stock have been trending positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Atlassian earned a news impact score of 0.35 on Accern's scale. They also assigned media headlines about the technology company an impact score of 45.68 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Atlassian's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (8.59%), Artisan Partners Limited Partnership (8.09%), BlackRock Inc. (2.25%), Swedbank (2.13%), Manning & Napier Group LLC (1.13%) and CI Global Investments Inc. (1.01%). View Institutional Ownership Trends for Atlassian.

TEAM stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Manning & Napier Group LLC, Russell Investments Group Ltd., White Elm Capital LLC, Cubist Systematic Strategies LLC, Glynn Capital Management LLC, Quadrature Capital Ltd and Sei Investments Co.. View Insider Buying and Selling for Atlassian.

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Swedbank, CI Global Investments Inc., Artisan Partners Limited Partnership, Sandler Capital Management, UBS Group AG, Millennium Management LLC, Allianz Asset Management GmbH and Allianz Asset Management GmbH. View Insider Buying and Selling for Atlassian.

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, Scottrade, Fidelity and Charles Schwab.

One share of TEAM stock can currently be purchased for approximately $62.94.

Atlassian has a market capitalization of $6.27 billion and generates $619.94 million in revenue each year. The technology company earns $-42,500,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Atlassian employs 2,193 workers across the globe.

Atlassian's mailing address is Exchange House Primrose Street, London X0, EC2A 2EG. The technology company can be reached via phone at 61-2-9262-1443 or via email at [email protected]