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

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

Atlassian (NASDAQ:TEAM) released its quarterly earnings data on Thursday, April, 19th. The technology company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.13. The technology company earned $223.70 million during the quarter, compared to the consensus estimate of $218.79 million. Atlassian had a negative return on equity of 3.18% and a negative net margin of 14.19%. The firm's quarterly revenue was up 39.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.08 earnings per share. View Atlassian's Earnings History.

Atlassian is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Atlassian.

Atlassian updated its fourth quarter earnings guidance on Thursday, April, 19th. The company provided earnings per share (EPS) guidance of $0.12 for the period, compared to the Thomson Reuters consensus estimate of $0.14. The company issued revenue guidance of $232-234 million, compared to the consensus revenue estimate of $232.35 million.

12 equities research analysts have issued 1-year target prices for Atlassian's shares. Their forecasts range from $47.00 to $74.00. On average, they anticipate Atlassian's share price to reach $62.10 in the next year. View Analyst Ratings for Atlassian.

Atlassian saw a increase in short interest in April. As of April 30th, there was short interest totalling 9,584,660 shares, an increase of 33.0% from the April 13th total of 7,203,807 shares. Based on an average trading volume of 2,452,054 shares, the short-interest ratio is currently 3.9 days. Approximately 9.9% of the shares of the company are sold short.

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

(TEAM) raised $350 million in an 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.

News articles about TEAM stock have trended very positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlassian earned a media sentiment score of 0.50 on Accern's scale. They also gave media stories about the technology company an impact score of 41.79 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Atlassian's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (8.59%), Artisan Partners Limited Partnership (8.09%), BlackRock Inc. (2.25%), Swedbank (2.13%), Manning & Napier Group LLC (1.13%) and CI Global Investments Inc. (1.01%). View Institutional Ownership Trends for Atlassian.

TEAM stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Manning & Napier Group LLC, Russell Investments Group Ltd., White Elm Capital LLC, Cubist Systematic Strategies LLC, Glynn Capital Management LLC, Quadrature Capital Ltd and Sei Investments Co.. View Insider Buying and Selling for Atlassian.

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Swedbank, CI Global Investments Inc., Artisan Partners Limited Partnership, Sandler Capital Management, UBS Group AG, Millennium Management LLC, Allianz Asset Management GmbH and Allianz Asset Management GmbH. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of TEAM stock can currently be purchased for approximately $62.94.

Atlassian has a market capitalization of $6.27 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]