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NASDAQ:TEAM

Atlassian (TEAM) Stock Price, News & Analysis

$165.22
+1.48 (+0.90%)
(As of 03:08 PM ET)
Today's Range
$162.99
$165.59
50-Day Range
$137.41
$183.17
52-Week Range
$135.29
$258.69
Volume
1.02 million shs
Average Volume
1.77 million shs
Market Capitalization
$42.96 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$217.69

Atlassian MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
32.1% Upside
$217.69 Price Target
Short Interest
Healthy
0.95% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.95mentions of Atlassian in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$40.17 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.58) to $0.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.71 out of 5 stars

Computer And Technology Sector

61st out of 602 stocks

Prepackaged Software Industry

18th out of 204 stocks

TEAM stock logo

About Atlassian Stock (NASDAQ:TEAM)

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.

TEAM Stock Price History

TEAM Stock News Headlines

Atlassian Co. (NASDAQ:TEAM) Director Sells $1,302,041.36 in Stock
Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/16/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:TEAM
Fax
N/A
Employees
12,157
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$217.69
High Stock Price Target
$265.00
Low Stock Price Target
$160.00
Potential Upside/Downside
+32.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

Net Income
$-300,520,000.00
Pretax Margin
-1.96%

Debt

Sales & Book Value

Annual Sales
$4.36 billion
Book Value
$3.96 per share

Miscellaneous

Free Float
154,929,000
Market Cap
$42.58 billion
Optionable
Optionable
Beta
0.73

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Should I Buy Atlassian Stock? TEAM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Atlassian Co.:

  • Atlassian Co. has a market cap of $41.95 billion, indicating a strong position in the market and potential for growth.
  • The company reported positive earnings per share (EPS) of $0.66 for the last quarter, beating analyst estimates by $0.07, showcasing financial strength.
  • Insider activity shows recent selling of shares by executives, which could indicate confidence in the company's future performance.
  • Atlassian Co. has a 50-day simple moving average of $165.55, potentially indicating a good entry point for investors.
  • The company has a consensus rating of "Moderate Buy" and an average price target of $217.69, suggesting positive sentiment from analysts.

Cons

Investors should be bearish about investing in Atlassian Co. for these reasons:

  • The stock has a negative P/E ratio of -256.05, which may indicate overvaluation or market skepticism towards the company's future earnings potential.
  • Atlassian Co. has a negative net margin of 6.89%, highlighting potential profitability challenges.
  • The company's 12-month high of $258.69 may suggest limited upside potential in the short term.
  • Debt-to-equity ratio of 0.95 could indicate higher financial leverage, increasing risk for investors.
  • Recent insider selling totaling 256,055 shares worth $42,720,983 may raise concerns about executive sentiment or future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these Atlassian pros and cons to contact@marketbeat.com.

TEAM Stock Analysis - Frequently Asked Questions

How have TEAM shares performed this year?

Atlassian's stock was trading at $237.86 on January 1st, 2024. Since then, TEAM shares have decreased by 30.7% and is now trading at $164.81.
View the best growth stocks for 2024 here
.

How were Atlassian's earnings last quarter?

Atlassian Co. (NASDAQ:TEAM) posted its quarterly earnings results on Thursday, August, 1st. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.07. Atlassian's revenue for the quarter was up 20.5% compared to the same quarter last year.

Does Atlassian have any subsidiaries?

Atlassian subsidiaries include these companies: Mindville, Halp, Code Barrel, Good Software, AgileCraft, OpsGenie, Trello, and others.

When did Atlassian IPO?

Atlassian (TEAM) raised $350 million in an IPO on Thursday, December 10th 2015. The company issued 20,000,000 shares at a price of $16.50-$18.50 per share. Goldman Sachs and Morgan Stanley acted as the underwriters for the IPO and Allen & Company, UBS Investment Bank, Jefferies, Canaccord Genuity, JMP Securities, Raymond James and William Blair were co-managers.

Who are Atlassian's major shareholders?

Top institutional investors of Atlassian include Baillie Gifford & Co. (3.24%), Dragoneer Investment Group LLC (1.02%), Clearbridge Investments LLC (0.79%) and Renaissance Technologies LLC (0.58%). Insiders that own company stock include Anutthara Bharadwaj, Michael Cannon-Brookes, Rajeev Bashyam Rajan, Scott Farquhar, Cameron Deatsch, Enrique T Salem, Joseph Leo Binz, Gene Liu and Heather Mirjahangir Fernandez.
View institutional ownership trends
.

How do I buy shares of Atlassian?

Shares of TEAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Atlassian own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlassian investors own include NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Salesforce (CRM), Netflix (NFLX), PayPal (PYPL) and Trade Desk (TTD).

This page (NASDAQ:TEAM) was last updated on 9/16/2024 by MarketBeat.com Staff

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