Loading...
TEAM logo

Atlassian CorporationNasdaqGS:TEAM Stock Report

Market Cap US$22.5b
Share Price
US$91.60
US$145.54
37.1% undervalued intrinsic discount
1Y-55.6%
7D34.7%
Portfolio Value
View

Atlassian Corporation

NasdaqGS:TEAM Stock Report

Market Cap: US$22.5b

Atlassian (TEAM) Stock Overview

Provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. More details

TEAM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

TEAM Community Fair Values

Create Narrative

See what 238 others think this stock is worth. Follow their fair value or set your own to get alerts.

Software opportunity

Atlassian Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Atlassian
Historical stock prices
Current Share PriceUS$92.37
52 Week HighUS$232.36
52 Week LowUS$56.01
Beta0.90
1 Month Change42.48%
3 Month Change-2.48%
1 Year Change-55.64%
3 Year Change-31.92%
5 Year Change-56.52%
Change since IPO232.51%

Recent News & Updates

Seeking Alpha Apr 27

Atlassian Could Skyrocket This Week On Easing AI Fears

Summary I rate Atlassian Corporation a Strong Buy, with a price target of at least $100 by the end of 2026 and a possible shift in sentiment this week already. TEAM demonstrates robust fundamentals: 23% YoY revenue growth, accelerating cloud adoption, and improving GAAP and non-GAAP margins. AI integration is a tailwind, not a threat, evidenced by strong product adoption, especially Rovo, and rising enterprise ARR. Key TEAM risks include the need for GAAP profitability and market sentiment, but recent insider buying and low valuation offer asymmetric upside. Read the full article on Seeking Alpha
Narrative Update Apr 27

TEAM: AI Integration With Cloud Partners Will Drive Stronger Long Term Returns

Analysts have reduced their price target for Atlassian to reflect an updated fair value estimate of about $145.54, down from roughly $165.22. This adjustment is based on slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E.
Narrative Update Apr 13

TEAM: Restructuring And AI Expansion Will Support Stronger Long Term Returns

Analysts now set Atlassian's price target at $165.22, down from $168.93. The change reflects slightly adjusted assumptions around discount rate, profit margin and future P/E, while revenue growth expectations remain broadly in line.

Recent updates

Seeking Alpha Apr 27

Atlassian Could Skyrocket This Week On Easing AI Fears

Summary I rate Atlassian Corporation a Strong Buy, with a price target of at least $100 by the end of 2026 and a possible shift in sentiment this week already. TEAM demonstrates robust fundamentals: 23% YoY revenue growth, accelerating cloud adoption, and improving GAAP and non-GAAP margins. AI integration is a tailwind, not a threat, evidenced by strong product adoption, especially Rovo, and rising enterprise ARR. Key TEAM risks include the need for GAAP profitability and market sentiment, but recent insider buying and low valuation offer asymmetric upside. Read the full article on Seeking Alpha
Narrative Update Apr 27

TEAM: AI Integration With Cloud Partners Will Drive Stronger Long Term Returns

Analysts have reduced their price target for Atlassian to reflect an updated fair value estimate of about $145.54, down from roughly $165.22. This adjustment is based on slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E.
Narrative Update Apr 13

TEAM: Restructuring And AI Expansion Will Support Stronger Long Term Returns

Analysts now set Atlassian's price target at $165.22, down from $168.93. The change reflects slightly adjusted assumptions around discount rate, profit margin and future P/E, while revenue growth expectations remain broadly in line.
Narrative Update Mar 30

TEAM: Restructuring And AI Rollout Will Support Stronger Long Term Returns

Analysts have trimmed their price target for Atlassian to about $169 from roughly $178, citing updated assumptions that combine slightly higher projected revenue growth with a lower profit margin outlook and a higher future P/E multiple. What's in the News Atlassian provided earnings guidance for the third quarter of fiscal 2026, with total revenue expected in a range of US$1,689m to US$1,697m, and projected full year 2026 total revenue growth of approximately 22% (Key Developments).
Narrative Update Mar 16

TEAM: AI Restructuring And Enterprise Focus Will Drive Long Term Upside

Analysts have reduced their Atlassian fair value estimate from $353.51 to $321.99 after incorporating updated assumptions for discount rates, revenue growth, profit margins, and future P/E levels. What's in the News Atlassian announced a restructuring that removes about 10% of its workforce, with estimated charges of $225 million to $236 million, mostly tied to severance, benefits, and office space reductions.
New Narrative Mar 12

Atlassian will shine with 14.32% projected revenue growth

Atlassian Corporation (NASDAQ: TEAM) is poised to deliver another year of robust financial performance, with analysts projecting revenue growth of approximately 14.32% on an annualized basis — a figure that underscores the company's resilience and growing dominance in the enterprise software market. Against a backdrop of cautious technology spending, Atlassian's diversified product suite and accelerating artificial intelligence strategy are setting the stage for continued outperformance.
Narrative Update Mar 02

TEAM: Cloud Partnership And Share Buybacks Will Support Stronger Long Term Returns

Analysts have kept their Atlassian price target broadly unchanged at about $178 per share, reflecting only minor tweaks to assumptions for the discount rate, revenue growth, profit margin and future P/E multiple rather than a shift in their overall view. What's in the News Atlassian opened beta access to AI agents in Jira, allowing teams to assign work to Atlassian Rovo and third-party agents, collaborate with them in comments, and embed them directly into workflows while keeping existing project configurations, permissions, and approvals in place.
Narrative Update Feb 16

TEAM: Cloud Marketplace Expansion And Buybacks Will Support Stronger Long Term Returns

Analysts have reset their fair value estimate for Atlassian from about $245.24 to $177.85, citing slightly lower revenue growth assumptions, a modestly higher discount rate, a small uptick in projected profit margins, and a meaningfully lower future P/E expectation. Analyst Commentary Bullish and bearish analysts are looking at the reset fair value for Atlassian through different lenses, but they largely focus on how the updated assumptions line up with execution risk, profitability potential, and valuation discipline.
Narrative Update Feb 02

TEAM: AWS Marketplace Collaboration Will Shape Bullish Long-Term Cloud Adoption Outlook

Analysts have reduced their price target for Atlassian from $167.44 to $145.00, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. Analyst Commentary Bearish analysts are backing up the reduced price target for Atlassian with concerns that focus on growth assumptions, profitability, and how much investors are currently willing to pay for the stock.
Narrative Update Jan 19

TEAM: AWS Partnership And Margin Expansion Will Drive Long Term Upside

Analysts have trimmed their price target for Atlassian from $371.17 to $353.51, citing updated assumptions on discount rate, revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish analysts are framing the latest price target adjustment for Atlassian as a recalibration of assumptions rather than a change in the long term thesis.
Analysis Article Jan 17

Atlassian Corporation (NASDAQ:TEAM) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Atlassian Corporation ( NASDAQ:TEAM ) shareholders that were waiting for something to happen have been dealt a blow...
Narrative Update Jan 05

TEAM: Cloud Partnership Progress And Share Repurchases Will Shape Balanced Long-Term Outlook

Analysts have reduced their fair value estimate for Atlassian from $178.00 to $167.44. The revision reflects updated views on its revenue growth assumptions, profit margin outlook, discount rate and future P/E expectations.
Narrative Update Dec 17

TEAM: Cloud Transition Progress And AWS Partnership Will Drive Long-Term Upside

Analysts have reduced their price target on Atlassian from $196.00 to $178.00, citing slightly higher perceived risk, a moderation in expected revenue growth, and a modestly lower long term profit margin outlook. Analyst Commentary Bearish analysts have framed the reduced price target as a recalibration of expectations rather than a shift in the long term thesis.
Narrative Update Dec 03

TEAM: Share Repurchases And Cloud Expansion Will Drive Stronger Long Term Returns

Analysts slightly raised their price target on Atlassian to approximately $245.24 from about $245.23, citing marginally stronger long term revenue growth expectations that more than offset a modest uptick in the assumed discount rate and future valuation multiples. Analyst Commentary Analyst sentiment around Atlassian remains generally constructive, with recent target adjustments framed by confidence in the company’s long term growth algorithm and durable competitive position in collaborative software.
Narrative Update Nov 19

TEAM: Share Repurchases And Improving Margins Will Lead To Stronger Returns

Atlassian Analyst Price Target Rises on Improved Profit Outlook Analysts have raised their price target for Atlassian from $244.75 to $245.23 after a slight uptick in projected revenue growth and an improvement in profit margin expectations. What's in the News Atlassian has repurchased 1,383,000 shares, representing 0.53 percent of shares for $249.96 million.
Narrative Update Nov 05

TEAM: Cloud Partnership And Share Buybacks Will Drive Stronger Returns Ahead

Analysts have slightly lowered their price target for Atlassian, adjusting it from $249.51 to $244.75. They cite marginally reduced revenue growth expectations, along with an improved profit margin outlook.
Narrative Update Oct 22

Analysts Maintain Atlassian Price Target as Buybacks Complete and Growth Projections Hold Steady

Analysts have marginally adjusted their price target for Atlassian and are maintaining it at $249.51. Their outlook remains steady based on consistent growth and earnings projections.
Narrative Update Oct 08

AI Adoption And Enterprise Cloud Migration Will Unlock Future Opportunity

Analysts have revised their price target for Atlassian downward from $256.66 to $249.51. This reflects slightly lower fair value estimates and ongoing evaluation of revenue growth and profit margin expectations.
Narrative Update Sep 24

AI Adoption And Enterprise Cloud Migration Will Unlock Future Opportunity

Atlassian’s consensus Analyst Price Target and Future P/E have both seen only negligible downward adjustments, reflecting little change in forward expectations and consistent valuation, with fair value shifting marginally from $259.82 to $256.66. What's in the News Atlassian completed share repurchases totaling $1,000.3 million under its 2023 buyback and $328.76 million under its 2024 buyback, retiring over 7.1 million shares in aggregate.
Narrative Update Sep 04

AI Adoption And Enterprise Cloud Migration Will Unlock Future Opportunity

With a stable Net Profit Margin of 4.19% and an unchanged Discount Rate of 7.99%, Atlassian’s consensus analyst price target remains steady at $259.82. What's in the News Atlassian completed repurchase of 5,543,516 shares (2.13%) for $1,000.3 million under its February 2023 buyback and 1,578,484 shares (0.6%) for $328.76 million under its October 2024 buyback.
Analysis Article Jun 25

Shareholders Should Be Pleased With Atlassian Corporation's (NASDAQ:TEAM) Price

You may think that with a price-to-sales (or "P/S") ratio of 10.6x Atlassian Corporation ( NASDAQ:TEAM ) is a stock to...
Seeking Alpha Apr 17

Atlassian: A Growth Prospect At These Levels

Summary Atlassian's Jira and Confluence are critical, sticky solutions in IT, ensuring resilience against budget cuts and strong customer retention. TEAM's growth is driven by its cloud platform and AI enhancements, supported by a lean acquisition strategy and robust finances. Valuations have contracted, providing a favorable entry point for long-term investors, with potential for further growth as R&D costs stabilize. Despite risks in cloud migration and competition, Atlassian's cash flow and stronghold in the market make it a solid long-term investment below $200. Read the full article on Seeking Alpha
Seeking Alpha Mar 20

Atlassian: A Compelling Path Forward To Growth

Summary Atlassian's focus on large enterprises and non-technical customers aims to drive sustainable long-term growth and reduce customer acquisition costs. The company's extensive data and AI integration provide a competitive edge, uncovering market opportunities unseen by competitors. Competitive pressures cloud migration risks, and high expectations might deter more conservative investors. Valuation estimates suggest a significant upside, with a projected value of $255.82 per share, reflecting a 21.67% increase from the price at the time of writing of $210.25. Read the full article on Seeking Alpha
Seeking Alpha Mar 13

Atlassian: This Is The Drop I Was Waiting For

Summary Atlassian's stock looks attractive after a 15% correction, with strong pricing power and AI developments making it a solid long-term investment. Wall Street analysts are optimistic about TEAM stock, with a $344 price target implying a 59% upside, despite Seeking Alpha Quant's Hold rating. Concerns include increased sales and marketing spend outpacing revenue growth, low Fortune 500 penetration, and rising stock-based compensation leading to potential dilution. General risks involve IT and software infrastructure budgets, with macroeconomic factors potentially influencing investment in AI and data centers. Read the full article on Seeking Alpha
Seeking Alpha Feb 06

Atlassian: Its Team Is Creating A Set Of New Growth Tailwinds

Summary Atlassian has successfully transitioned to a pure SaaS model, driving growth above 20% and improving free cash flow margins, making its shares attractive. The company is pivoting to enterprise sales, with significant cross-sell potential in products like Jira Service Management, Product Discovery, Compass, and Loom. Atlassian's AI initiatives, particularly Rovo and intelligent agents, are expected to drive notable revenue increases, especially in higher-tier service offerings. Recent quarterly results exceeded expectations, with 21% year-on-year revenue growth and improved operating margins, leading to raised full-year revenue and EPS guidance. Read the full article on Seeking Alpha
User avatar
New Narrative Feb 02

AI Investments Will Improve Product Capabilities And Customer Engagement

Strategic investment in AI and focus on enterprise customers suggest strong potential for revenue growth and increased customer engagement.
Seeking Alpha Jan 31

Atlassian: Soaring On Guidance And The Implications

Summary Atlassian posted strong Q2 results, with 21% YoY revenue growth and improved profit margins, driving a significant post-earnings rally. Management raised full-year revenue growth guidance to 19% with an implied Q4 acceleration to 20% YoY growth. Despite TEAM stock trading at the high end of my fair value range, I still see a path to market-beating returns. Read the full article on Seeking Alpha
Seeking Alpha Dec 16

Atlassian: The High Growth Continues

Summary Atlassian's robust growth, with a 10-year CAGR of 35.10%, is driven by customer migration from Data Centers to Cloud and strong product offerings like Jira and Confluence. The company's growth outlook remains strong, supported by customer growth, particularly among SMBs and Enterprises, and increasing ARPU through cross-selling opportunities. Atlassian's market positioning is decent, ranking 2nd in Project Management Software and 4th in Knowledge Management, but faces competition in the ITSM market. A Buy rating is justified with continued strong revenue growth expected in the coming years. Read the full article on Seeking Alpha
Seeking Alpha Dec 09

Atlassian: Growth Beyond Jira And Confluence, Initiate With 'Buy'

Summary Atlassian Corporation's expanding product offerings, including Jira, Confluence, Loom, and Rovo, position it well in the fast-growing project management and collaboration markets. The company's cloud-native applications and AI investments enhance cross-selling opportunities and competitive advantages, driving significant customer growth and revenue potential. Recent results show 21% revenue growth and 19.2% adjusted operating profit growth, with a strong outlook for continued expansion and margin improvement. Initiating a 'Buy' rating with a one-year target price of $310 per share, driven by a robust product portfolio and strategic partnerships. Read the full article on Seeking Alpha
Seeking Alpha Nov 03

Atlassian Q1 Review: Pivot To The Enterprise Is Working Wonders

Summary I reiterate my “buy” rating on Atlassian after the stock gained more than 37% since my last rating in September, outperforming the S&P 500 index. Atlassian reported strong Q1 FY25 earnings, where momentum in the enterprise segment continued with paid seat expansion, cross-sell to premium editions and migrations from Data Center to Cloud. With a robust AI product roadmap, the company is heavily investing in R&D and Sales & Marketing to best position competitively, while setting a path to effective monetization in the coming years. Although operating margins contracted in Q1, the management raised FY 25 guidance for revenue and earnings. With improving investor sentiment, I will maintain my “buy” rating with a price target of $244. Read the full article on Seeking Alpha
Seeking Alpha Sep 17

Atlassian: More Fog Than A Scalable Cloud

Summary I’m concerned that Atlassian’s revenue growth is slowing down, especially as the company has guided for 16% y/y growth in fiscal 2025. Despite management’s confidence in reaching a 20% CAGR, the competitive landscape, poses significant challenges. Atlassian’s stock is already priced at 36x forward non-GAAP operating income, making it tough to justify chasing after the shares without a clear path to premium growth. While the company has impressive products and a strong cash flow, a lot has to go right for investors to see upside, which leaves me feeling neutral for now. Read the full article on Seeking Alpha
Seeking Alpha Aug 16

Atlassian: Now, It's Finally Time To Buy (Rating Upgrade)

Summary Atlassian's YTD declines intensified after the company released its FY25 outlook calling for 16% growth, versus Street expectations for 18% growth. Still, the sharp selloff has rendered the stock cheap even against lowered expectations. The stock has reached rough valuation parity with Salesforce and Workday, against which it used to trade at a large premium. Upgrading Atlassian to a buy as the company continues to roll out its AI workflow tools and waits for a pending FedRAMP approval. Read the full article on Seeking Alpha

Shareholder Returns

TEAMUS SoftwareUS Market
7D34.7%3.1%2.1%
1Y-55.6%-6.3%30.6%

Return vs Industry: TEAM underperformed the US Software industry which returned -6.3% over the past year.

Return vs Market: TEAM underperformed the US Market which returned 30.6% over the past year.

Price Volatility

Is TEAM's price volatile compared to industry and market?
TEAM volatility
TEAM Average Weekly Movement12.9%
Software Industry Average Movement9.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: TEAM's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: TEAM's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
200213,813Mike Cannon-Brookeswww.atlassian.com

Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app.

Atlassian Corporation Fundamentals Summary

How do Atlassian's earnings and revenue compare to its market cap?
TEAM fundamental statistics
Market capUS$22.53b
Earnings (TTM)-US$216.81m
Revenue (TTM)US$6.19b
3.8x
P/S Ratio
-108.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TEAM income statement (TTM)
RevenueUS$6.19b
Cost of RevenueUS$940.18m
Gross ProfitUS$5.25b
Other ExpensesUS$5.47b
Earnings-US$216.81m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.85
Gross Margin84.81%
Net Profit Margin-3.50%
Debt/Equity Ratio112.5%

How did TEAM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 14:17
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Atlassian Corporation is covered by 52 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Richard KramerArete Research Services LLP
Jamie SheltonArete Research Services LLP