NASDAQ:TEAM - Atlassian 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 (WHO). Since then, TEAM shares have increased by 2.8% and is now trading at $134.05. 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) posted its quarterly earnings results on Thursday, January, 23rd. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.27 by $0.10. The technology company earned $408.70 million during the quarter, compared to analyst estimates of $389.43 million. Atlassian had a positive return on equity of 0.68% and a negative net margin of 17.44%. The firm's revenue for the quarter was up 36.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.25 EPS. View Atlassian's earnings history.

Atlassian updated its FY20 earnings guidance on Thursday, January, 23rd. The company provided earnings per share guidance of ~$1.03-1.09 for the period, compared to the Thomson Reuters consensus 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 brokerages have issued twelve-month target prices for Atlassian's stock. Their forecasts range from $126.00 to $180.00. On average, they anticipate Atlassian's stock price to reach $155.18 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for Atlassian.

Media coverage about TEAM stock has trended very negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Atlassian earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutAtlassian.

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

Some companies that are related to Atlassian include Intuit (INTU), ServiceNow (NOW), VMware (VMW), Uber Technologies (UBER), Shopify (SHOP), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Veeva Systems (VEEV), Square (SQ), 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 Okta (OKTA).

(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."

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 $134.05.

Atlassian has a market capitalization of $16.34 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]