Atlassian Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last twelve months. There are currently 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Atlassian stock.
View analyst ratings for Atlassian or view top-rated stocks.

Wall Street analysts have given Atlassian a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Atlassian wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Atlassian is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Atlassian.

Atlassian Co. Plc (NASDAQ:TEAM) posted its quarterly earnings data on Wednesday, January, 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.05. The technology company had revenue of $501.40 million for the quarter, compared to analyst estimates of $473.87 million. Atlassian had a negative net margin of 25.82% and a positive trailing twelve-month return on equity of 2.57%. The business's quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share.
View Atlassian's earnings history.

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 72.9% and is now trading at $225.49.
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Atlassian issued an update on its third quarter earnings guidance on Thursday, January, 28th. The company provided EPS guidance of ($0.15)-($0.14) for the period, compared to the Thomson Reuters consensus EPS estimate of $0.25. The company issued revenue guidance of $475-$490 million, compared to the consensus revenue estimate of $474.46 million.

19 brokerages have issued 1-year price targets for Atlassian's stock. Their forecasts range from $175.00 to $275.00. On average, they expect Atlassian's stock price to reach $237.20 in the next year. This suggests a possible upside of 5.2% from the stock's current price.
View analysts' price targets for Atlassian or view top-rated stocks among Wall Street analysts.

447 employees have rated Atlassian CEO Scott Farquhar & Mike Cannon-Brookes on Glassdoor.com. Scott Farquhar & Mike Cannon-Brookes has an approval rating of 97% among Atlassian's employees. This puts Scott Farquhar & Mike Cannon-Brookes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Atlassian include Intuit (INTU), Square (SQ), ServiceNow (NOW), Activision Blizzard (ATVI), Snowflake (SNOW), VMware (VMW), Autodesk (ADSK), Dassault Systèmes (DASTY), Twilio (TWLO), Palantir Technologies (PLTR), CrowdStrike (CRWD), Veeva Systems (VEEV), Electronic Arts (EA), DocuSign (DOCU) and Cadence Design Systems (CDNS).
View all of TEAM's competitors.

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), The Trade Desk (TTD), Shopify (SHOP), Tesla (TSLA) and Twilio (TWLO).

(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 many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (9.70%), Baillie Gifford & Co. (4.98%), FMR LLC (4.97%), Jennison Associates LLC (4.75%), Artisan Partners Limited Partnership (3.97%) and Sands Capital Management LLC (3.86%).

TEAM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Pendal Group Limited, Nuveen Asset Management LLC, Tiger Global Management LLC, and Frontier Capital Management Co. LLC.

TEAM stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Norges Bank, D1 Capital Partners L.P., BlackRock Inc., Janus Henderson Group PLC, Jennison Associates LLC, First Trust Advisors LP, and Bloom Tree Partners LLC.

Shares of TEAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TEAM stock can currently be purchased for approximately $225.49.

Atlassian has a market capitalization of $29.80 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 5,752 workers across the globe.

The following companies are subsidiares of Atlassian: AgileCraft, Atlassian (Australia) Limited, Atlassian (Global) Limited, Atlassian (UK) Limited, Atlassian (UK) Operations Limited, Atlassian Australia 1 Pty Ltd, Atlassian Australia 2 Pty Ltd, Atlassian B.V., Atlassian Capital Pty. Ltd., Atlassian Corporation Pty. Ltd., Atlassian France, Atlassian Germany GmbH, Atlassian Inc., Atlassian K.K., Atlassian LLC, Atlassian Network Services Inc., Atlassian Philippines Inc., Atlassian Pty Ltd, BitBucket, BlueJimp, Code Barrel, Dogwood Labs Inc., Good Software, Hall.com, Halp, MITT Australia Pty Ltd, MITT Trust, Mindville, OpsGenie, SIP Communicator Ltd., SourceTree, StatusPage, Trello, Wikidocs, and doctape.

Atlassian was founded in 2002.

The official website for Atlassian is www.atlassian.com.

Atlassian is headquartered at Exchange House Primrose Street, London X0, EC2A 2EG.

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]