Atlassian

TEAM

Market cap $15.7B

ASML reported solid 4Q25 results and record bookings due to strong AI demand for DRAM and advanced logic, and FY2026 guidance is above consensus. Adyen reported December quarter results slightly below consensus expectations, with net revenue growing 19% y/y. For the Baird Chautauqua International Growth Fund, 60% of companies that reported earnings during the quarter were in line with or exceeded consensus estimates.

In 2026, the market has very clearly established which stocks it believes are artificial intelligence (AI) winners and losers. Software stocks in general have taken a big toll, but some are being affected by AI-driven fears more than others.

Atlassian's shares have collapsed to 2018 levels, now trading at just over 2.5x sales despite >20% revenue growth. AI disruption fears and recent M&A have pressured Atlassian, yet cost-cutting and a 10% workforce reduction could drive near-term profitability. Net cash has fallen to $0.5B after acquisitions, raising concerns about capital allocation and limiting buyback potential.

NEW YORK, April 10, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Sandisk Corporation (Nasdaq: SNDK) will become a component of the Nasdaq-100 Index® (NDX®) replacing Atlassian Corporation (Nasdaq: TEAM) prior to market open on Monday, April 20, 2026. These updates are consistent with the current Nasdaq-100 Index® methodology, in effect through April 30, 2026.

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 third quarter of fiscal year 2026 ended March 31, 2026 after market close on Thursday, April 30, 2026. 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 shareholder l.

Guggenheim analyst Howard Ma just slashed his price target on Atlassian. That's the bad news.

U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns ​it could expose hidden cybersecurity vulnerabilities, deepening investor fears about ‌the threat to traditional software firms.

TEAM Anywhere/SAN FRANCISCO--(BUSINESS WIRE)--Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced new AI-powered capabilities in Confluence that transform how teams turn text into versatile visual stories. Remix, now in open beta, enables teams to convert content from Confluence pages into visual formats such as charts, infographics, and presentation-ready summaries. The company also announced pre-built partner agents for Lov.

A recent report by JPMorgan Private Bank suggests an influx of investments in cybersecurity is coming. On average, Wall Street analysts expect Zscaler stock to climb by 58% over the next 12 months.

Wall Street is concerned AI will decimate the software industry by allowing enterprises to build their own tools. Atlassian created software products like Jira and Confluence, and is enhancing them with new AI capabilities.