Atlassian (TEAM) News Today

Shares of Atlassian Corporation PLC (NASDAQ:TEAM) are trading lower today as upbeat analyst ratings are being offset by insider stock sales and broader tech weakness.

• Positive Sentiment: Guggenheim initiated coverage on TEAM with a Buy rating and a $225 price target, citing strong growth prospects and suggesting nearly 30% upside. Guggenheim Initiates Coverage of Atlassian (TEAM) with Buy Recommendation
• Positive Sentiment: Analysts at Seeking Alpha upgraded Atlassian to Strong Buy, highlighting AI browser integration and an attractive valuation that could drive shares toward $315–330. Forget Chatbots: Atlassian's Real AI Play Is The Browser
• Positive Sentiment: Another Seeking Alpha note pointed to new AI catalysts—especially The Browser Company acquisition—boosting workflow integration and potential revenue streams, underpinned by robust cash flow. Atlassian: New Catalysts And Even Lower Valuation (Rating Upgrade)
• Positive Sentiment: Despite the pullback, shares previously gapped up on impressive Q1 results—22% revenue growth and over $1.4 billion in free cash flow—and remain rated a buy by some strategists. Atlassian (NASDAQ:TEAM) Shares Gap Up - Still a Buy?
• Neutral Sentiment: Management presented at Goldman Sachs’ Communacopia & Technology Conference, reaffirming its product roadmap without major new announcements. Atlassian Corporation (TEAM) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
• Neutral Sentiment: Options volume has spiked sharply, pointing to high speculative interest though with no clear directional consensus. Spotlight on Atlassian: Analyzing the Surge in Options Activity
• Negative Sentiment: Co-founder and director Scott Farquhar sold 7,665 shares at roughly $171–176, trimming his stake by over 6%, which may signal near-term profit-taking. Scott Farquhar Sells 7,665 Shares of Atlassian Stock
• Negative Sentiment: CEO Michael Cannon-Brookes also offloaded 7,665 shares at similar prices, cutting his position by nearly 6%, which can unsettle investor sentiment. Atlassian CEO Michael Cannon-Brookes Sells 7,665 Shares
• Negative Sentiment: A recent market note explains shares are under pressure amid sector rotation and profit-taking, aligning with today’s pullback. Why Atlassian (TEAM) Shares Are Trading Lower Today

Overall, TEAM is giving back some of its recent gains as insider selling and tech-sector headwinds offset positive analyst coverage and long-term AI-driven growth prospects.