NASDAQ:TEAM - Atlassian 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 9.1% and is now trading at $142.25. View which stocks have been mosted 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) issued its quarterly earnings data on Thursday, January, 23rd. The technology company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.10. The technology company had revenue of $408.70 million for the quarter, compared to analysts' expectations of $389.43 million. Atlassian had a negative net margin of 17.44% and a positive return on equity of 0.68%. The firm's revenue for the quarter was up 36.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.25 earnings per share. View Atlassian's earnings history.

Atlassian updated its FY20 earnings guidance on Thursday, January, 23rd. The company provided earnings per share (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 brokers have issued 1 year price targets 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 9.1% from the stock's current price. View analysts' price targets for Atlassian.

News stories about TEAM stock have trended somewhat positive on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Atlassian earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned headlines 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 few days. View the latest news aboutAtlassian.

Atlassian saw a increase in short interest in 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 daily trading volume, of 2,081,000 shares, the short-interest ratio is presently 3.9 days. Currently, 7.4% of the shares of the stock are short sold. View Atlassian's Current Options Chain.

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

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), Twilio (TWLO), Trade Desk (TTD), Adobe (ADBE) 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 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 Baillie Gifford & Co. (6.23%), Capital Research Global Investors (5.15%), Renaissance Technologies LLC (4.99%), FMR LLC (4.47%), Sands Capital Management LLC (4.34%) and Artisan Partners Limited Partnership (3.79%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital Research Global Investors, Acadian Asset Management LLC, Artisan Partners Limited Partnership, Bank of America Corp DE, Bank of New York Mellon Corp, First Trust Advisors LP, and Tiger Eye Capital LLC.

TEAM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Point72 Asset Management L.P., Renaissance Technologies LLC, Pendal Group Ltd, Baillie Gifford & Co., Alyeska Investment Group L.P., Nuveen Asset Management LLC, and Thornburg Investment Management Inc..

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 $142.25.

Atlassian has a market capitalization of $17.34 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]