TEAM stock icon

Atlassian
TEAM

$162.46
3.14%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 18 analysts
0
News positive %
of 5 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

Research analyst outlook

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

Low target
$200
23%
upside
Avg. target
$241
48%
upside
High target
$285
75%
upside

18 analyst ratings

11 positive
61%
neutral
39%
negative
0%
Wells Fargo
Michael Turrin
54%upside
$250
Overweight
Maintained
21 Jun 2024
TD Cowen
Derrick Wood
29%upside
$210
Hold
Maintained
26 Apr 2024
Oppenheimer
Ittai Kidron
54%upside
$250
Outperform
Maintained
26 Apr 2024
Truist Securities
Joel Fishbein
23%upside
$200
Hold
Maintained
26 Apr 2024
Piper Sandler
Rob Owens
23%upside
$200
Neutral
Maintained
26 Apr 2024

Financial journalist opinion

Based on 5 articles about TEAM published over the past 30 days