Atlassian
TEAM

$177.32

0.46%

Market Cap: 46.2B

About: Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.

Employees: 10,726

Information Technology Prepackaged Software

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 17 analysts

0

News positive %

of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

51% more repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 199

2% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 117

0% more funds holding

Funds holding: 707 [Q4 2023] → 709 (+2) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 15 (+0) [Q1 2024]

0.89% less ownership

Funds ownership: 89.16% [Q4 2023] → 88.27% (-0.89%) [Q1 2024]

18% less capital invested

Capital invested by funds: $32.9B [Q4 2023] → $27.1B (-$5.81B) [Q1 2024]

30% less call options, than puts

Call options by funds: $423M | Put options by funds: $601M

See Fund Rankings

Research analyst outlook

17 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$200

13%

upside

Avg. target

$231

30%

upside

High target

$275

55%

upside

17 analyst ratings

12 positive

71%

5 neutral

29%

0 negative

0%

Morgan Stanley Keith Weiss	27%upside $225	Overweight Maintained	17 Jul 2024
Mizuho Gregg Moskowitz	24%upside $220	Outperform Maintained	16 Jul 2024
Capital One Connor Murphy	19%upside $211	Overweight Upgraded	11 Jul 2024
Piper Sandler Rob Owens	27%upside $225	Overweight Upgraded	2 Jul 2024
Wells Fargo Michael Turrin	41%upside $250	Overweight Maintained	21 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about TEAM published over the past 30 days

Zacks Investment Research

Atlassian (TEAM) Earnings Expected to Grow: Should You Buy?

Atlassian (TEAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Atlassian (TEAM) Earnings Expected to Grow: Should You Buy?

3 Affordable Cloud Stocks to Watch in July

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3 Affordable Cloud Stocks to Watch in July

Atlassian Achieves FedRAMP “In Process” Designation

TEAM Anywhere/SAN FRANCISCO--(BUSINESS WIRE)--Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, announced today that it has achieved Federal Risk and Authorization Management Program (FedRAMP) “In Process” status and is now listed on the FedRAMP marketplace. This important milestone brings Atlassian one step closer to achieving FedRAMP Moderate Authority to Operate (ATO) - which is currently estimated for the first quarter of calendar year.

Atlassian Achieves FedRAMP “In Process” Designation

American Clinical Research Services Announces Rebranding to Elixia

RALEIGH, N.C.--(BUSINESS WIRE)--American Clinical Research Services Announces Rebranding to Elixia.

American Clinical Research Services Announces Rebranding to Elixia

7 Hypergrowth Stocks to Buy and Hold for 50 Years

Predicting the future is a fool's errand. If you had asked me just five years ago what 2024 would look like, I would have gotten it laughably wrong.

7 Hypergrowth Stocks to Buy and Hold for 50 Years

Zacks Investment Research

Here's Why Atlassian (TEAM) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Atlassian (TEAM) is a Strong Momentum Stock

Atlassian Announces Date for Fourth Quarter and Fiscal Year 2024 Financial Results

TEAM, Anywhere/SAN FRANCISCO--(BUSINESS WIRE)--Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its fourth quarter and fiscal year ended June 30, 2024 after market close on Thursday, August 1, 2024. Atlassian will host a webcast and conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shar.

Atlassian Announces Date for Fourth Quarter and Fiscal Year 2024 Financial Results

No-code Test Automation Featuring SmartBear HaloAI Now Available on Atlassian Marketplace

SOMERVILLE, Mass.--(BUSINESS WIRE)-- #AI--Zephyr Scale Automate, new add-on to Zephyr Scale, now available for teams seeking advanced automation.

No-code Test Automation Featuring SmartBear HaloAI Now Available on Atlassian Marketplace

Screening For The Best SaaS Companies

SaaS companies have strong growth potential in an ever-expanding TAM. The SaaS business model is unique and has a host of key operating and financial metrics to analyze. Certain metrics, such as Rule of 40, are key in determining a company's success rate.

Screening For The Best SaaS Companies

Atlassian To Benefit From The 'Next Wave Of Cloud Growth', Says Bullish Analyst

Shares of Atlassian Corp TEAM were climbing in early trading on Tuesday.

Atlassian To Benefit From The 'Next Wave Of Cloud Growth', Says Bullish Analyst

See News Rankings