Atlassian Stock Forecast, Price & News

Atlassian's stock was trading at $130.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TEAM shares have increased by 59.8% and is now trading at $208.49.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last year. There are currently 3 hold ratings and 15 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, October 29th 2020.
View our earnings forecast for Atlassian.

Atlassian will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Atlassian Co. PLC (NASDAQ:TEAM) announced its earnings results on Thursday, July, 30th. The technology company reported $0.25 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.32. The technology company had revenue of $430.48 million for the quarter, compared to the consensus estimate of $408.86 million. Atlassian had a positive return on equity of 2.15% and a negative net margin of 21.72%.
View Atlassian's earnings history.

Atlassian updated its first quarter earnings guidance on Thursday, July, 30th. The company provided EPS guidance of $0.26-$0.27 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of $430-$445 million, compared to the consensus revenue estimate of $438.88 million.

18 brokerages have issued 1-year price objectives for Atlassian's stock. Their forecasts range from $132.00 to $240.00. On average, they anticipate Atlassian's stock price to reach $194.20 in the next twelve months. This suggests that the stock has a possible downside of 6.9%.
View analysts' price targets for Atlassian.

Some companies that are related to Atlassian include ServiceNow (NOW), Intuit (INTU), Square (SQ), Snowflake (SNOW), VMware (VMW), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systèmes (DASTY), Veeva Systems (VEEV), Twilio (TWLO), Docusign (DOCU), Electronic Arts (EA), Splunk (SPLK), Synopsys (SNPS) and Cadence Design Systems (CDNS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Square (SQ), salesforce.com (CRM), Netflix (NFLX), Paypal (PYPL), Trade Desk (TTD), Shopify (SHOP), Tesla (TSLA) and Twilio (TWLO).

(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.

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

Atlassian's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), Concorde Asset Management LLC (0.01%), Avitas Wealth Management LLC (0.01%), Standard Life Aberdeen plc (0.01%), First Hawaiian Bank (0.01%) and Tributary Capital Management LLC (0.01%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including Diversified Trust Co, Harel Insurance Investments & Financial Services Ltd., Clarius Group LLC, Coastline Trust Co, Harbor Investment Advisory LLC, Sawyer & Company Inc, Flagship Harbor Advisors LLC, and Nisa Investment Advisors LLC.

TEAM stock was acquired by a variety of institutional investors in the last quarter, including Concorde Asset Management LLC, Avitas Wealth Management LLC, First Hawaiian Bank, Envestnet Asset Management Inc., PFG Advisors, Sanders Morris Harris LLC, Jag Capital Management 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 $208.49.

Atlassian has a market capitalization of $26.73 billion and generates $1.61 billion in revenue each year. The technology company earns $-350,650,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis. Atlassian employs 4,907 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]