NASDAQ:TEAMAtlassian Stock Price, Forecast & News

$129.96

+0.95 (+0.74 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$128.50

Now: $129.96▼

$132.48

50-Day Range

$120.57

MA: $140.32▼

$154.42

52-Week Range

$100.25

Now: $129.96▼

$156.12

Volume2.25 million shs

Average Volume1.95 million shs

Market Capitalization$15.84 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.01

Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It provides project tracking, content creation and sharing, and service management products. The company's products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; and Trello, a Web-based project management application for capturing and adding structure to fluid, fast-forming work for teams. Its products also comprise Bitbucket, a code management and collaboration product for teams using distributed version control systems; and Jira Service Desk, a service desk product for creating and managing service experiences for various service team providers, including IT help desks, and legal and HR teams. In addition, the company offers other tools, such as Atlassian Access, Bamboo, Crowd, Crucible, Fisheye, Sourcetree, and Statuspage. It has a strategic partnership with Zoom Video Communications, Inc. Atlassian Corporation Plc was founded in 2002 and is based in London, the United Kingdom.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Atlassian has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $155.18, Atlassian has a potential upside of 19.4% from its current price of $129.96.
Amount of Analyst Coverage
Atlassian has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Atlassian has received 502 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Atlassian has received 436 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Atlassian has received 53.52% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Atlassian and other stocks. Vote “Outperform” if you believe TEAM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TEAM will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Atlassian does not currently pay a dividend.
Dividend Growth
Atlassian does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Atlassian insiders have not sold or bought any company stock.
Percentage Held by Institutions
90.16% of the stock of Atlassian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Atlassian are expected to grow by 38.46% in the coming year, from $0.13 to $0.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Atlassian is -121.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Atlassian is -121.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Atlassian has a PEG Ratio of 44.16. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Atlassian has a P/B Ratio of 27.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.66 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:TEAM

Previous Symbol

CUSIPN/A

CIK1650372

Webhttp://www.atlassian.com/

Phone415-701-1110

Debt

Debt-to-Equity RatioN/A

Current Ratio1.02

Quick Ratio1.02

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio999.69

P/E Growth44.16

Sales & Book Value

Annual Sales$1.21 billion

Price / Sales13.09

Cash Flow$0.29 per share

Price / Cash Flow441.63

Book Value$4.78 per share

Price / Book27.19

Profitability

EPS (Most Recent Fiscal Year)($0.17)

Net Income$-637,620,000.00

Net Margins-17.44%

Return on Equity0.68%

Return on Assets0.15%

Miscellaneous

Employees3,616

Outstanding Shares121,922,000

Market Cap$15.84 billion

Next Earnings Date4/15/2020 (Estimated)

OptionableOptionable

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Atlassian (NASDAQ:TEAM) Frequently Asked Questions

How has Atlassian's stock been impacted by COVID-19 (Coronavirus)?

Atlassian's stock was trading at $130.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TEAM stock has decreased by 0.4% and is now trading at $129.96. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Atlassian?

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.

When is Atlassian's next earnings date?

Atlassian is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for Atlassian.

How were Atlassian's earnings last quarter?

Atlassian Co. PLC (NASDAQ:TEAM) posted its earnings results on Thursday, January, 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating 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 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 business's quarterly revenue was up 36.7% on a year-over-year basis. During the same quarter last year, the business earned $0.25 earnings per share. View Atlassian's earnings history.

What guidance has Atlassian issued on next quarter's earnings?

Atlassian issued an update on 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.

What price target have analysts set for TEAM?

19 analysts have issued 12 month target prices for Atlassian's shares. Their forecasts range from $126.00 to $180.00. On average, they anticipate Atlassian's stock price to reach $155.18 in the next year. This suggests a possible upside of 19.4% from the stock's current price. View analysts' price targets for Atlassian.

Has Atlassian been receiving favorable news coverage?

Media stories about TEAM stock have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Atlassian earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines 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 company's share price in the near future. View the latest news aboutAtlassian.

Are investors shorting Atlassian?

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 trading volume of 2,081,000 shares, the short-interest ratio is presently 3.9 days. Approximately 7.4% of the shares of the company are sold short. View Atlassian's Current Options Chain.

Who are some of Atlassian's key competitors?

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

What other stocks do shareholders of Atlassian own?

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).

Who are Atlassian's key executives?

Atlassian's management team includes the following people:

Mr. Michael Cannon-Brookes, Co-Founder, Co-CEO & Director (Age 40)
Mr. Scott Farquhar, Co-Founder, Co-CEO & Director (Age 39)
Mr. Jay Simons, Pres (Age 47)
Mr. James A. Beer, Chief Financial Officer (Age 58)
Mr. Gene Liu, Principal Accounting Officer & Controller

When did Atlassian IPO?

(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.

What is Atlassian's stock symbol?

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

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Atlassian's stock price today?

One share of TEAM stock can currently be purchased for approximately $129.96.

How big of a company is Atlassian?

Atlassian has a market capitalization of $15.84 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.

What is Atlassian's official website?

The official website for Atlassian is http://www.atlassian.com/.

How can I contact Atlassian?

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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Beat the Market (BTM) Rank™

3.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage