NASDAQ:TEAMAtlassian Stock Price, Forecast & 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 47.2% and is now trading at $192.00. 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) announced its earnings results on Thursday, April, 30th. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.04. The technology company earned $411.60 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.21 earnings per share. View Atlassian's earnings history.

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

19 Wall Street analysts have issued twelve-month price targets for Atlassian's stock. Their forecasts range from $132.00 to $220.00. On average, they anticipate Atlassian's share price to reach $172.00 in the next year. This suggests that the stock has a possible downside of 10.4%. View analysts' price targets for Atlassian.

Headlines about TEAM stock have been trending very negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -3.8 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Atlassian.

Some companies that are related to Atlassian include ServiceNow (NOW), Intuit (INTU), Activision Blizzard (ATVI), VMware (VMW), Uber Technologies (UBER), Square (SQ), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Docusign (DOCU), Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS) and Datadog (DDOG). 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 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 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 variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), Diversified Trust Co (0.01%), IBM Retirement Fund (0.00%), Mount Yale Investment Advisors LLC (0.00%), Arden Trust Co (0.00%) and Red Spruce Capital LLC (0.00%).

TEAM stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Diversified Trust Co, Mount Yale Investment Advisors LLC, Arden Trust Co, Red Spruce Capital LLC, IBM Retirement Fund, and Carroll Financial Associates Inc..

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 $192.00.

Atlassian has a market capitalization of $23.41 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]