Atlassian

TEAM

Market cap $39.3B

Atlassian stock price continued its strong downtrend this month and is now hovering at its lowest point since August last year. TEAM plunged to a low of $149.40, down by 55% from its highest point this year.

I'm upgrading Atlassian to a strong buy, as recent AI-driven fears have led to a ~40% YTD decline, creating an attractive entry point. TEAM's growth remains robust, with 26% y/y cloud revenue growth and no material seat contraction, despite AI concerns impacting developer roles. Recent acquisitions in AI and developer productivity tools position TEAM to offset potential industry shifts and expand its product ecosystem.

Wall Street's sell-side analysts are, in general, an optimistic bunch. Even so, it's rare that every analyst covering a company has a price target above the current stock price.

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 first quarter of fiscal year 2026 ended September 30, 2025 after market close on Thursday, October 30, 2025. Atlassian will host a 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 shareho.

Kash Rangan, Goldman Sachs Senior Software Analyst, joins 'Closing Bell Overtime' to talk the state of AI adoption, where there is still growth opportunity in the space, return on investment, and more.

It would be great if you could buy a stock that always moves higher without any pullbacks along the way. But that's not realistic.

Atlassian (TEAM 2.67%) offers a portfolio of software products designed to help organizations boost productivity by streamlining workflows and encouraging collaboration between employees. Artificial intelligence (AI) is making these products significantly more effective, which is driving an acceleration in the company's revenue growth.

The market has performed strongly over the past year, with the S&P 500 continuing to reach new all-time highs. Despite this, several well-known names are down big from their 52-week highs.

Atlassian said on Thursday it has entered into a definitive agreement to acquire developer intelligence platform DX for about $1 billion in cash and restricted stock, including DX's cash balance.

TEAM Anywhere/SAN FRANCISCO & SALT LAKE CITY--(BUSINESS WIRE)--Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced it has entered into a definitive agreement to acquire DX, a leader in engineering intelligence. Together, Atlassian and DX will empower enterprises to understand how their AI investments are helping engineering teams accelerate and improve their work. As organizations deploy AI at pace, leaders of large engineeri.