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TEAM·Atlassian Corporation

$155.91
-27.38 (-14.94%)
High
$165.32
Open
$154.76
Market Cap
47.82B
52W High
$229.96
Low
$148.00
P. Close
$155.91
P/E
-
52W Low
$56.01
Fwd P/E
27.19
DailyIQ Est.
$266.17
Inst. Own.
44.2%
Short Interest
3.09%
Days to Cover
4.0
NewEarnings release, scored · filed Nov 5, 2026tone -7.4 vs prior release · 122 lines scoredSee the breakdown
Technical Score (1D)
63
BULLISH
News Sentiment
44
BEARISH
On Nov 6, Atlassian (TEAM) reported first‑quarter earnings that beat expectations, with an adjusted EPS of $1.65 and revenue of $1.77 billion, both above consensus estimates. The company also announced a cautious fiscal 2027 outlook, citing slowing subscription growth and concerns over cloud revenue sustainability, which led to a 16 % decline in pre‑market trading. That same day, Truist Securities lowered its price target for TEAM from $250 to $200 while maintaining a buy rating, citing valuation concerns and potential earnings pressure. Earlier on Nov 5, Atlassian’s results had already surpassed estimates, with revenue up 24 % year‑over‑year and EPS exceeding forecasts by $0.22, reinforcing the company’s strong financial performance. The company’s cloud revenue jumped 31 % to $1.3 billion, and free cash flow surged 304 % to $463 million, underscoring its cloud‑centric growth strategy. Despite the robust results, the downgraded guidance and valuation concerns highlighted by analysts have tempered investor sentiment.
LOW TARGET
$145 -7.0%
2 analysts
MEAN TARGET
$230 +47.6%
8 analysts
HIGH TARGET
$480 +207.9%
32 analysts
PRICE RANGE
$145.00 - $480.00
SB / B / H / S / SS
13/21/6/1/1
DAILYIQ EST.
$266.17 (+70.7%)
Sector
Technology
Industry
Software - Application
Exchange
NMS
Country
Australia
Symbol
TEAM
Description
Atlassian Corporation is a global software provider specializing in collaborative tools designed to enhance team productivity. Its core value proposition lies in facilitating seamless connection and workflow across diverse teams, achieved through a suite of integrated platforms. Key offerings include Jira, a project management solution, and Confluence, a knowledge-sharing workspace, alongside products like Jira Service Management and Bitbucket, catering to specific team needs. By providing a comprehensive ecosystem of tools, including AI-powered features and developer-focused platforms, Atlassian aims to empower organizations with scalable solutions for efficient project management, knowledge sharing, and overall operational effectiveness. Founded in 2002 and headquartered in Sydney, Australia, the company focuses on delivering solutions that streamline work processes.
Bought (1Y)
0 shares
$0
Sold (1Y)
50,333 shares
$6.3M
LIU GENEChief Accounting Officer
Sell337 shares2026-10-12
DUFFY BRIANChief Revenue Officer
Award/Grant51,549 shares2026-09-20
CHUONG JAMESChief Financial Officer
Award/Grant6,374 shares2026-09-20
LIU GENEChief Accounting Officer
Sell939 shares2026-08-28
LIU GENEChief Accounting Officer
Sell1,125 shares2026-08-19
73/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✕Negative net margin
✓Positive operating cash flow
Gross Margin
84.8%
Net Margin
-0.8%
Revenue CAGR
25.8%
Current Ratio
0.78x
Debt / Equity
0.93x
Return on Equity
-5.1%
Earnings Summary
In recent quarters, Atlassian’s earnings have shown a consistent upward trajectory: Q1 2025 delivered an EPS of $0.97 versus an estimate of $0.93, with revenue of $1.356 billion; Q1 2026 saw EPS rise to $1.75 against an estimate of $1.34 and revenue of $1.787 billion, a 5.7 % YoY increase; Q4 2026 posted EPS of $1.87 versus $1.50 and revenue of $1.767 billion, a 4.2 % YoY rise; Q1 2027 reported EPS of $1.65 against $1.45 and revenue of $1.772 billion, a 1.6 % YoY growth. These results demonstrate a pattern of beating analyst estimates in each of the last four quarters, with EPS growth outpacing revenue growth, indicating improving profitability margins. Historically, Atlassian has maintained a strong YoY revenue growth trend, consistently surpassing analyst expectations, while occasionally missing on EPS in earlier periods, yet the recent streak shows a shift toward stronger earnings performance. Recent news highlights that the company’s Q1 2027 earnings beat expectations, with revenue up 23.7 % YoY and EPS of $1.65 versus the $1.39 consensus, reinforcing its track record of surpassing estimates for four consecutive quarters; however, forward guidance signals a sharp slowdown in growth, which has prompted investor concern and a subsequent 18 % drop in share price.

EPS

EstBeatMiss
$0.78$1.09$1.40$1.70$2.01Q1'25Q1'26Q4'26Q1'27Q2'27
QtrEstActual+/−
Q2'27$1.34 - -
Q1'27$1.45$1.65+13.4%
Q4'26$1.50$1.87+24.5%
Q1'26$1.34$1.75+31.0%
Q1'25$0.93$0.97+4.9%

Revenue

EstBeatMiss
$1.3B$1.4B$1.6B$1.8B$1.9BQ1'25Q1'26Q4'26Q1'27Q2'27
QtrEstActual+/−
Q2'27$1.9B - -
Q1'27$1.7B$1.8B+1.5%
Q4'26$1.7B$1.8B+4.3%
Q1'26$1.7B$1.8B+7.4%
Q1'25 - $1.4B -

Market Data

TEAM Stock Snapshot

NEUTRAL63/100
$155.91−$27.38 (14.9%)
Market cap
47.82B
Day range
$148.00 – $165.32
News sentiment
44/100 · Neutral
Analyst target
$230.20 (+47.6%)
Consensus
Buy · 42 analysts
52-week range+178.4% off low · -32.2% from high
$56.01$229.96
Price $155.91 DailyIQ Est. $266.17

TEAM ranks mid-pack on momentum, neither leading nor lagging its peers by much. Sector peers are worth watching - large caps in Technology tend to move together on rotation.

Reverse DCF

What growth is priced into TEAM?

CHEAP

At today's price, Atlassian Corporation needs to grow free cash flow about 19.5% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 9.89% cost of capital. Over the last five years its revenue has trended at 23.3% a year, so the market is asking for 3.8 percentage points below its own delivered rate. On that basis TEAM looks priced below what its own growth record supports.

Implied FCF growth
19.5%
Growth trend
23.3%
Growth gap
-3.8 pts
Verdict
CHEAP
Discount rate (WACC)
9.89%
Beta
1.22

Behaviour On Record

What TEAM's own history says about today's numbers

Realized volatility (21d)
49.8% 60th pct
Below its peak
-59.6%
vs 200-day average
+56.0%
Up days (1y)
49%

Atlassian Corporation is currently running 49.8% annualised volatility over the last 21 sessions. Measured against TEAM's own 11 years of daily returns rather than a market-wide average, that is the 60th percentile — close to its own typical level, against a typical reading of 45.8%.

TEAM is trading -59.6% below its running peak. Across 11 full years on file, its median worst-drawdown-in-a-year was -30.3%, and the deepest was -66.8% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.

Price sits +56.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 97th percentile — a wider gap than this stock usually carries. Over the past year TEAM closed higher on 49% of sessions, and it is currently 2 sessions into a falling streak.

On November specifically: over 10 years of records, TEAM finished the month higher 5 of 10 times, with a median return of +1.8% and an average of -0.4%. Its strongest month historically has been August at +15.0% on average, its weakest March at -4.4%.

Overnight risk is measurable too: TEAM has opened more than 2% away from the prior close in 212 of 2,741 sessions (7.7% of the time), with the largest gaps running +9.1% and -9.9%.

All figures computed from 2,742 daily closes between 2015-12-10 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against TEAM's own 11-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of TEAM's sector?

Atlassian Corporation sits in the Software sector, currently ranked 11th of 12 GICS sectors by relative-strength rotation score (lagging). Within its narrower Software industry group, TEAM ranks 13th of 15 tracked industries, lagging.

Sector rank
#11 of 12
Sector state
Lagging
Sector rotation score
18
Industry rank
#13 of 15

Options Market

What is the options market pricing for TEAM?

CallsPuts

For Atlassian Corporation's nearest expiry (2026-11-06, 0 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 6.38), with at-the-money implied volatility around 95.1%.

Put/call ratio (2026-11-06)
6.38
ATM implied volatility
95.1%
Total open interest
7,444

Analyst Consensus Estimates

What do analysts expect TEAM to earn?

Analysts expect Atlassian Corporation to earn $5.44 per share in the fiscal year ending Jun 2027 and $2.19 in the fiscal year ending Jun 2028, from 8 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.

Quarter endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Sep 2026$1.43$1.26 to $1.5929$1.71B29
Dec 2026$0.14$0.01 to $0.257$1.82B28
Mar 2027$0.18$0.07 to $0.266~$1.94B-
Sep 2027$0.14-$0.12 to $0.445--
Fiscal year endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Jun 2027$5.44$4.81 to $6.1131$7.45B32
Jun 2028$2.19$1.16 to $3.878$8.58B32

Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.

Analyst Rating Changes

Are analysts turning bullish or bearish on TEAM?

TD Cowen most recently reiterated its rating on Atlassian Corporation to Hold on Nov 3, 2026 with a price target of $180 (from $145). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
TD Cowen: Hold
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Nov 3, 2026TD CowenMaintainedHold$145 → $180
Nov 2, 2026Cantor FitzgeraldMaintainedOverweight$220 → $252
Oct 28, 2026Wells FargoMaintainedOverweight$230 → $270
Oct 22, 2026OppenheimerMaintainedOutperform$200 → $275
Oct 21, 2026Truist SecuritiesMaintainedBuy$185 → $250
Oct 20, 2026CitigroupMaintainedBuy$225 → $245
Oct 20, 2026BTIGMaintainedBuy$230 → $260
Oct 19, 2026GuggenheimMaintainedBuy$165 → $280
Oct 19, 2026KeybancMaintainedOverweight$185 → $235
Oct 15, 2026MizuhoMaintainedOutperform$215 → $235
Oct 14, 2026Wells FargoMaintainedOverweight$180 → $230
Oct 13, 2026BarclaysMaintainedOverweight$172 → $222

Earnings Release, Scored

What did Atlassian Corporation's latest earnings release say?

Filed Nov 5, 2026 · SEC Form 8-K, Exhibit 99

Tone64.1/ 100-7.4 vs prior release
Hedging words1.08per 100 words+0.09 vs prior release
Tone, last 3 releasesScale 50–79

Most important lines

  1. 1

    Service Collection Surpasses 70,000 Customers: Demonstrating strong momentum across enterprise service management, Service Collection has over $1 billion in ARR that is growing north of 30% year-over-year and has expanded to more than 70,000 customers.

    New this quarter
  2. 2

    This growth is driven by organizations expanding beyond IT into HR, legal, finance, customer service, and marketing teams, alongside strong momentum in competitive displacements where seat growth exceeded 40% year-over-year.

    New this quarter
  3. 3

    Atlassian Marketplace Surpasses $7 Billion in Lifetime Sales: The Atlassian Marketplace surpassed $7 billion in lifetime sales since its inception in 2012.

    New this quarter

Peers & ETF holders

TEAM peers & ETF holders

News & sentiment

What is the news saying about TEAM?

TEAM fell 20.1% over the month to Nov 6. News tone held between 57 and 88 from Oct 6 to Oct 9, then dropped to 44 on Oct 12.

Daily close and news tone, Oct 6 to Nov 6
$150$200Oct 6: tone 57Oct 7: tone 68Oct 8Oct 9: tone 88Oct 12: tone 44Oct 13: tone 55Oct 14: tone 35Oct 15: tone 39Oct 16: tone 71Oct 19: tone 58Oct 20: tone 59Oct 21: tone 70Oct 22: tone 71Oct 23: tone 64Oct 26Oct 27Oct 28: tone 56Oct 29: tone 65Oct 30Nov 2: tone 75Nov 3: tone 77Nov 4Nov 5: tone 67Nov 6: tone 37Oct 6News toneNov 6123
  1. Oct 15 +7.4%same day: Mizuho Maintains Outperform on Atlassian, Raises Price Target to $235
  2. Oct 28 -5.6%same day: Wells Fargo Maintains Overweight on Atlassian, Raises Price Target to $270
  3. Nov 6 -14.9%same day: Atlassian (TEAM) Surpasses Q1 Earnings and Revenue Estimates

Technical analysis

How strong is TEAM's momentum right now?

On the daily chart TEAM ranks at the 63rd percentile for momentum against 1,060 stocks and ETFs, a bullish reading.

Momentum rank by timeframe0 = weakest, 100 = strongest
See what drives the rankThe inputs behind each timeframe's momentum rank, plus RSI, stochastics, Bollinger Bands and moving averages. Free with an account.

Institutional ownership

Are big funds buying or selling TEAM?

91 of the 194 tracked managers added to TEAM in their latest 13F and 99 trimmed. Together they own 44.2% of the company, worth $11.4B. BlackRock and Vanguard Portfolio Management alone hold 7.4%.

91adding99trimming4unchanged
Largest holders by stake, latest 13FBar = share of TEAM
  1. $991.6M positionAdded 10.4% last quarter
  2. $775.4M positionAdded 0.7% last quarter
  3. $764.7M positionAdded 21.7% last quarter
  4. $686.3M positionAdded 112.6% last quarter
  5. $595.7M positionNew position last quarter
  6. $561.5M positionTrimmed 5.1% last quarter
  7. $363.7M positionAdded 14.7% last quarter
  8. $822.9M positionTrimmed 16.1% last quarter
  9. $325.8M positionTrimmed 1.1% last quarter
  10. $293.6M positionAdded 342.9% last quarter
Full holdings history

Congressional trading

Is Congress trading TEAM?

1 member of Congress disclosed 3 TEAM trades between Jan 28 and Jun 11, 2025: 1 buy and 2 sells, about $24.0K in estimated value.

BuysSellsJanFebMarAprMayJun
BuySell$1K–$15K$15K–$50K$50K–$100K$100K–$250K

What stands out

Click one to highlight its trades in the chart

Discover more

How has TEAM done against its peers?

Over the six months to Nov 6, TEAM returned +75.1%. Of the 15 related stocks and ETFs, 2 did better, led by SNOW at +97.6%.

Change since May 6, through Nov 6
−100%0%+100%+200%May 6JunJulAugSepOctNov 6SNOW +97.6%TEAM +75.1%ORCL −40.8%