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Atlassian (TEAM) Stock Forecast & Price Target

$182.13
-5.19 (-2.77%)
(As of 10:20 AM ET)

Atlassian - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$226.94
24.60% Upside
High Forecast$275.00
Average Forecast$226.94
Low Forecast$185.00
TypeCurrent Forecast
7/9/23 to 7/8/24
1 Month Ago
6/9/23 to 6/8/24
3 Months Ago
4/10/23 to 4/9/24
1 Year Ago
7/9/22 to 7/9/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
12 Buy rating(s)
Hold
8 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$226.94$223.22$225.19$196.85
Forecasted Upside24.60% Upside11.74% Upside7.58% Upside12.74% Upside

TEAM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TEAM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Atlassian Stock vs. The Competition

TypeAtlassianComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.58
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.15% Upside624.01% Upside12.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/2/2024Piper Sandler
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R. Owens
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UpgradeNeutral ➝ Overweight$200.00 ➝ $225.00+26.23%
6/21/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$285.00 ➝ $250.00+58.71%
4/26/2024Oppenheimer
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 Lower TargetOutperform ➝ Outperform$300.00 ➝ $250.00+39.66%
4/26/2024TD Cowen
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 Lower TargetHold ➝ Hold$220.00 ➝ $210.00+17.32%
4/26/2024Truist Financial
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 Lower TargetHold ➝ Hold$220.00 ➝ $200.00+11.19%
4/26/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$270.00 ➝ $230.00+15.92%
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4/26/2024Mizuho
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 Lower TargetBuy ➝ Buy$240.00 ➝ $225.00+13.40%
4/26/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$260.00 ➝ $230.00+15.92%
4/12/2024Citigroup
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 Lower TargetBuy ➝ Buy$280.00 ➝ $265.00+23.46%
4/11/2024Barclays
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 UpgradeEqual Weight ➝ Overweight$235.00 ➝ $275.00+34.32%
3/19/2024KeyCorp
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 Initiated CoverageSector Weight
2/2/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$260.00 ➝ $250.00+14.61%
2/2/2024William Blair
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 Reiterated RatingOutperform
2/2/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$188.00 ➝ $215.00-2.92%
12/18/2023Capital One Financial
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 Initiated CoverageEqual Weight$238.00+3.68%
12/1/2023Scotiabank
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 Initiated CoverageSector Perform$185.00-3.12%
8/4/2023Morgan Stanley
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 Reiterated RatingOverweight ➝ Overweight$185.00-6.40%
8/4/2023BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$180.00 ➝ $220.00+9.61%
7/12/2023OTR Global
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 DowngradePositive
6/29/2023Berenberg Bank
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 Initiated CoverageHold$150.00-10.12%
1/19/2023Jefferies Financial Group
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 Boost TargetBuy$150.00 ➝ $180.00+21.02%
11/4/2022Macquarie
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 DowngradeOutperform ➝ Neutral$287.00 ➝ $147.00-15.60%
8/12/2022Sanford C. Bernstein
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 Set Target$263.00-4.96%
8/8/2022Wolfe Research
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 Boost TargetOutperform$240.00 ➝ $290.00+1.83%
7/22/2022Cowen
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 Lower Target$285.00 ➝ $245.00+19.52%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:54 AM ET.

TEAM Forecast - Frequently Asked Questions

What is Atlassian's forecast for 2024?

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Atlassian is $226.94, with a high forecast of $275.00 and a low forecast of $185.00.

Should I buy or sell Atlassian stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlassian in the last twelve months. There are currently 8 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TEAM shares.

Does Atlassian's stock price have much upside?

According to analysts, Atlassian's stock has a predicted upside of 15.68% based on their 12-month stock forecasts.

Has Atlassian been upgraded by Wall Street analysts recently?

Over the previous 90 days, Atlassian's stock had 2 upgrades by analysts.

What analysts cover Atlassian?

Atlassian has been rated by research analysts at Barclays, Canaccord Genuity Group, Citigroup, Mizuho, Oppenheimer, Piper Sandler, Robert W. Baird, TD Cowen, Truist Financial, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Atlassian more than its competitors?

Analysts like Atlassian less than other "computer and technology" companies. The consensus rating score for Atlassian is 2.58 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how TEAM compares to other companies.


This page (NASDAQ:TEAM) was last updated on 7/8/2024 by MarketBeat.com Staff

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