NASDAQ:TEAMAtlassian 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. Since then, TEAM shares have increased by 50.2% and is now trading at $195.88. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 3 hold ratings and 16 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, July 23rd 2020. View our earnings forecast for Atlassian.

Atlassian Co. PLC (NASDAQ:TEAM) released its earnings results on Thursday, April, 30th. The technology company reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.04. The technology company had revenue of $411.60 million for the quarter, compared to analyst estimates of $396.22 million. Atlassian had a positive return on equity of 0.84% and a negative net margin of 13.37%. The firm's revenue was up 33.1% on a year-over-year basis. During the same period last year, the firm posted $0.21 EPS. View Atlassian's earnings history.

Atlassian issued an update on its fourth quarter earnings guidance on Thursday, April, 30th. The company provided EPS guidance of $0.17-0.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23. The company issued revenue guidance of $400-415 million, compared to the consensus revenue estimate of $418.42 million.

19 analysts have issued 1 year price objectives for Atlassian's shares. Their forecasts range from $132.00 to $220.00. On average, they expect Atlassian's share price to reach $172.00 in the next year. This suggests that the stock has a possible downside of 12.2%. View analysts' price targets for Atlassian.

Media coverage about TEAM stock has been trending negative on Thursday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Atlassian.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Paypal (PYPL), Square (SQ), Trade Desk (TTD), salesforce.com (CRM), Shopify (SHOP), Twilio (TWLO) and Adobe (ADBE).

(TEAM) raised $350 million in an initial public offering 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 served 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 a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.02%), Diversified Trust Co (0.01%), IBM Retirement Fund (0.00%) and Red Spruce Capital LLC (0.00%).

TEAM stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Diversified Trust Co, Red Spruce Capital LLC, and IBM Retirement Fund.

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 $195.88.

Atlassian has a market capitalization of $23.88 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.

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]