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 (WHO). Since then, TEAM shares have increased by 24.7% and is now trading at $162.69.
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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) posted its earnings results on Thursday, July, 30th. The technology company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.32. The technology company earned $430.48 million during the quarter, compared to analysts' expectations of $408.86 million. Atlassian had a negative net margin of 21.72% and a positive return on equity of 2.15%.
View Atlassian's earnings history.

Atlassian issued an update on its first quarter earnings guidance on Thursday, July, 30th. The company provided earnings per share 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 brokers have issued 12 month price objectives for Atlassian's stock. Their forecasts range from $132.00 to $220.00. On average, they expect Atlassian's stock price to reach $182.60 in the next year. This suggests a possible upside of 12.2% from the stock's current price.
View analysts' price targets for Atlassian.

Media stories about TEAM stock have been trending positive recently, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog 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 media sentiment score of 2.4 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about Atlassian.

Atlassian saw a decrease in short interest in June. As of June 30th, there was short interest totaling 5,970,000 shares, a decrease of 15.2% from the June 15th total of 7,040,000 shares. Based on an average trading volume of 1,880,000 shares, the days-to-cover ratio is presently 3.2 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), Cadence Design Systems (CDNS), Synopsys (SNPS) 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), Square (SQ), Netflix (NFLX), salesforce.com (CRM), Paypal (PYPL), Shopify (SHOP), Trade Desk (TTD), Twilio (TWLO) and Okta (OKTA).

(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 institutional and retail investors. Top institutional shareholders include FMR LLC (5.42%), Jennison Associates LLC (4.66%), Pendal Group Ltd (1.97%), Bank of America Corp DE (1.17%), Winslow Capital Management LLC (0.90%) and William Blair Investment Management LLC (0.80%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Nova Scotia, Pendal Group Ltd, Federated Hermes Inc., Bank of America Corp DE, Jefferies Group LLC, Healthcare of Ontario Pension Plan Trust Fund, and TimesSquare Capital Management LLC.

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, William Blair Investment Management LLC, First Trust Advisors LP, Hardman Johnston Global Advisors LLC, Winslow Capital Management LLC, Fisher Asset Management LLC, Frontier Capital Management Co. LLC, and Holocene Advisors LP.

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 $162.69.

Atlassian has a market capitalization of $19.84 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]