Atlassian Corp
Atlassian provides team collaboration software for organizations of all sizes, serving teams in software development, IT operations and support, leadership, and business functions. Its portfolio includes apps such as Jira, Confluence, Loom, Jira Service Management, Bitbucket, Trello, and Guard, along with AI agents and curated Collections that connect apps and workflows. Rovo provides enterprise search, conversational AI, agents, and tools for creating agents, automations, and apps. The company’s offerings run primarily on its Atlassian Cloud Platform, with other deployment options including Atlassian Government Cloud, Atlassian Isolated Cloud, and Data Center. Atlassian sells apps individually or in Collections, and offers third-party apps through the Atlassian Marketplace. It attracts customers through self-service and web-based purchasing, then expands relationships through additional products, teams, and editions, particularly for large enterprises. Its software serves more than 350,000 customers worldwide. Atlassian was founded in Sydney, Australia in 2002.
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KeyBanc maintained an Overweight rating on Atlassian (TEAM) with a $235 price target, citing strong Q1 results including 22.5% subscription revenue growth and 30.5% cloud growth. Revenue beat expectations by 3.4%, with 26% growth over the past year. Analysts have mixed outlooks, with some lowering price targets due to concerns about cloud growth and margins.
Truist Securities reduced its price target for Atlassian (TEAM) to $200 from $250, citing concerns over cloud growth and AI investment margins. The stock trades at $183.29, below the new target. Atlassian reported Q1 fiscal 2027 earnings of $1.65 per share and revenue of $1.77 billion, beating estimates. Despite strong results, the stock fell due to growth concerns. Guggenheim and Canaccord Genuity maintained Buy ratings with targets of $280 and $175, respectively.
Airbnb, Cloudflare, and IREN led premarket gains, while DraftKings and Atlassian slumped. Airbnb reported Q3 earnings of $3.16 per share and $4.87B revenue, raising its 2026 revenue growth forecast. Cloudflare saw 39% revenue growth. IREN reported 66% sequential revenue growth. DraftKings missed estimates, falling over 20%.
Over the past 7 days, AlphAI's AI scored 30 news stories mentioning TEAM (Atlassian Corp). Coverage has skewed bearish: 11 bullish, 1 neutral, and 18 bearish.
Recent TEAM coverage spans earnings, financial news and market movers.
In the last 30 days, TEAM insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($71K). The most active reporter was LIU GENE, Chief Accounting Officer, with 1 filing. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
Earnings beat but after‑hours price decline suggests investors are cautious on future growth.
The target cut signals weaker growth expectations, likely pressuring the stock.
The beat is outweighed by a materially softer growth outlook, which likely caps upside and pressures the multiple.
Analyst upgrade suggests upside potential for the stock.
Guidance downgrade outweighs earnings beat, prompting sell pressure.
AlphAI scores every news story that mentions TEAM with an AI model for sentiment and relevance, and aggregates insider trades from Atlassian Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.
KeyBanc maintained an Overweight rating on Atlassian (TEAM) with a $235 price target, citing strong Q1 results including 22.5% subscription revenue growth and 30.5% cloud growth. Revenue beat expectations by 3.4%, with 26% growth over the past year. Analysts have mixed outlooks, with some lowering price targets due to concerns about cloud growth and margins.
Truist Securities reduced its price target for Atlassian (TEAM) to $200 from $250, citing concerns over cloud growth and AI investment margins. The stock trades at $183.29, below the new target. Atlassian reported Q1 fiscal 2027 earnings of $1.65 per share and revenue of $1.77 billion, beating estimates. Despite strong results, the stock fell due to growth concerns. Guggenheim and Canaccord Genuity maintained Buy ratings with targets of $280 and $175, respectively.
Airbnb, Cloudflare, and IREN led premarket gains, while DraftKings and Atlassian slumped. Airbnb reported Q3 earnings of $3.16 per share and $4.87B revenue, raising its 2026 revenue growth forecast. Cloudflare saw 39% revenue growth. IREN reported 66% sequential revenue growth. DraftKings missed estimates, falling over 20%.
Piper Sandler raised its price target for Atlassian to $190 from $175, maintaining an Overweight rating. The new target suggests a 3.7% upside from the Nov 5 close of $183.29. Recent analyst price targets for Atlassian range from $180 to $275.
U.S. stock futures indicated a mixed open on Friday. IREN surged 18.1% after beating Q1 2027 estimates with $228M revenue and narrowed net loss. Airbnb rose 11.4% on strong Q3 earnings and raised full-year outlook. Atlassian fell 15.8% despite earnings beat due to weaker growth outlook. Cloudflare gained 12.6% on strong Q3 results. Five9 dropped 16.7% on lower Q4 earnings forecast.
BTIG kept its Buy rating on Atlassian but reduced its price target to $240 from $260, a 7.7% cut. The new target suggests a 30.9% upside from the Nov 5 close of $183.29. Recent analyst price targets for Atlassian range from $180 to $275.
Guggenheim reiterated a Buy rating and $280 price target for Atlassian (TEAM). The stock has surged 106% in six months but fell after earnings missed expectations. Cloud growth was flat at 31%, with guidance raised slightly. Atlassian reported Q1 earnings of $1.65 per share and $1.77B revenue, beating estimates but showing softer growth outlook.
Canaccord Genuity maintained a Buy rating and $175 price target on Atlassian (TEAM) after its Q1 2027 results. The company missed Q2 Cloud growth expectations and raised full-year revenue guidance modestly. Shares fell in after-hours trading despite beating earnings and revenue estimates. Atlassian reported adjusted earnings of $1.65 per share and revenue of $1.77 billion, both exceeding forecasts.
Atlassian Corp (TEAM) reported Q1 2027 earnings with cloud revenue up 31%. CFO James Chuong noted a $20M cloud revenue beat and a $33M data center beat, with timing effects impacting the full-year guide. CEO Mike Cannon-Brookes emphasized the value of Jira and Confluence in AI-driven workflows, citing Morgan Stanley's adoption. Data center results were driven by large customer retention and hybrid deployments. Atlassian's FDE program and AMP platform were highlighted as key growth drivers.
Atlassian (TEAM) reported Q1 FY2027 revenue growth of 24% to $1.8B, with cloud revenue up 31% to $1.3B. Subscription ARR increased 23% to $6.8B. The company plans to submit Rovo government cloud in June 2027, targeting IL5 in July 2028, according to CEO Michael Cannon-Brookes.
