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

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

Atlassian (NASDAQ:TEAM) posted its earnings results on Thursday, April, 19th. The technology company reported $0.10 earnings per share (EPS) 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 analysts' expectations 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 revenue for the quarter was up 39.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS. 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 updated its fourth quarter earnings guidance on Thursday, April, 19th. The company provided EPS guidance of $0.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.14. The company issued revenue guidance of $232-234 million, compared to the consensus revenue estimate of $232.35 million.

11 brokers have issued twelve-month target prices for Atlassian's shares. Their forecasts range from $47.00 to $70.00. On average, they anticipate Atlassian's stock price to reach $60.7778 in the next year. View Analyst Ratings for Atlassian.

Atlassian saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 7,203,807 shares, an increase of 25.6% from the March 30th total of 5,734,582 shares. Based on an average daily volume of 1,160,021 shares, the short-interest ratio is presently 6.2 days. Approximately 7.4% of the company's stock are short sold.

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

(TEAM) raised $350 million in an initial public offering (IPO) 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.

Headlines about TEAM stock have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Atlassian earned a media sentiment score of 0.11 on Accern's scale. They also gave headlines about the technology company an impact score of 46.39 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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 $57.21.

Atlassian has a market capitalization of $5.80 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]