Atlassian

TEAM

Market cap $34.7B

The Atlassian stock price continued its strong downward spiral this week, reaching its lowest level since August 2024. TEAM has plunged by 72% from its highest level in 2021 and by 57% from its 2025 highs.

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 second quarter of fiscal year 2026 ended December 31, 2025 after market close on Thursday, February 5, 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 share.

Jefferies analysts are advising investors to remain cautious on the software sector heading into 2026, arguing that growth is likely to continue lagging other technology segments even as artificial intelligence adoption expands across enterprises. The analysts recommend that investors stay underweight software as overall growth decelerates and trails faster-moving areas such as semiconductors.

Atlassian Corporation continues robust growth in Q1 2026, with accelerating growth in remaining performance obligations to $3.3B. TEAM's AI-driven product suite, including Teamwork Graph and recent acquisitions, positions it for next-generation enterprise productivity leadership. Despite a premium 7.8x P/S valuation, TEAM offers superior growth compared to peers and significant free cash flow margins.

Shares of Upstart and Atlassian have dramatically underperformed the S&P 500 this year, but Wall Street analysts generally view the stocks as undervalued. Upstart hopes to disrupt the lending industry with artificial intelligence, and new products (auto, home, and small-dollar loans) are gaining traction.

Five stocks with rising P/E ratios spotlight an alternative strategy, featuring Allbirds, Ardagh Metal Packaging, Atlassian, Alarm.com and Workhorse.

The mean of analysts' price targets for Atlassian (TEAM) points to a 44.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Investor excitement around artificial intelligence (AI) has led many stocks to climb faster than their fundamentals support. These three stocks still offer compelling value, with growth driven by advancements in artificial intelligence across software and hardware.

Cloud computing demand is surging, and Amazon, Atlassian and Cloudflare stand out with strong growth drivers, rising estimates and solid rankings before 2026.

Cloud computing stocks AMZN, TEAM and NET show strong fundamentals and growth potential heading into 2026.