Research Analysts’ Recent Ratings Changes for Atlassian (TEAM)

A number of research firms have changed their ratings and price targets for Atlassian (NASDAQ: TEAM):

• 4/16/2025 – Atlassian had its price target lowered by analysts at Morgan Stanley from $370.00 to $320.00. They now have an “overweight” rating on the stock.
• 4/14/2025 – Atlassian was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 4/14/2025 – Atlassian was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $255.00 price target on the stock, down previously from $320.00.
• 4/14/2025 – Atlassian had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $255.00 price target on the stock.
• 4/10/2025 – Atlassian had its price target lowered by analysts at Wells Fargo & Company from $375.00 to $330.00. They now have an “overweight” rating on the stock.
• 4/10/2025 – Atlassian had its price target lowered by analysts at KeyCorp from $365.00 to $275.00. They now have an “overweight” rating on the stock.
• 4/10/2025 – Atlassian was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $270.00 price target on the stock, down previously from $317.00.
• 4/10/2025 – Atlassian had its price target lowered by analysts at BMO Capital Markets from $360.00 to $295.00. They now have an “outperform” rating on the stock.
• 4/7/2025 – Atlassian had its price target lowered by analysts at Jefferies Financial Group Inc. from $330.00 to $262.00. They now have a “buy” rating on the stock.
• 4/2/2025 – Atlassian was upgraded by analysts at Cantor Fitzgerald from a “neutral” rating to an “overweight” rating. They now have a $272.00 price target on the stock, down previously from $304.00.
• 4/1/2025 – Atlassian had its price target lowered by analysts at UBS Group AG from $330.00 to $230.00. They now have a “neutral” rating on the stock.
• 3/31/2025 – Atlassian was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/31/2025 – Atlassian had its price target lowered by analysts at Jefferies Financial Group Inc. from $400.00 to $330.00. They now have a “buy” rating on the stock.
• 3/31/2025 – Atlassian had its price target lowered by analysts at Truist Financial Co. from $350.00 to $300.00. They now have a “buy” rating on the stock.
• 3/19/2025 – Atlassian is now covered by analysts at Stephens. They set an “equal weight” rating and a $255.00 price target on the stock.
• 3/12/2025 – Atlassian was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 3/4/2025 – Atlassian was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/21/2025 – Atlassian was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Atlassian Stock Down 1.2 %

Shares of NASDAQ TEAM traded down $2.56 during midday trading on Friday, hitting $202.75. The stock had a trading volume of 1,564,440 shares, compared to its average volume of 2,044,340. The company has a market cap of $53.12 billion, a P/E ratio of -151.30 and a beta of 1.07. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.81. The business’s 50 day moving average is $241.92 and its 200-day moving average is $241.88. Atlassian Co. has a 52 week low of $135.29 and a 52 week high of $326.00.

Atlassian (NASDAQ:TEAM) last released its earnings results on Thursday, January 30th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.85). Atlassian had a negative return on equity of 17.37% and a negative net margin of 7.22%. As a group, analysts predict that Atlassian Co. will post -0.34 EPS for the current year.

Insider Activity

In other Atlassian news, CAO Gene Liu sold 779 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $320.01, for a total transaction of $249,287.79. Following the sale, the chief accounting officer now directly owns 52,710 shares of the company’s stock, valued at $16,867,727.10. The trade was a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael Cannon-Brookes sold 7,948 shares of the company’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $265.33, for a total transaction of $2,108,842.84. Following the transaction, the chief executive officer now owns 365,608 shares in the company, valued at $97,006,770.64. The trade was a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 261,513 shares of company stock worth $67,123,959 over the last 90 days. Corporate insiders own 38.55% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in Atlassian by 72.9% during the 4th quarter. JPMorgan Chase & Co. now owns 4,284,400 shares of the technology company’s stock valued at $1,042,737,000 after acquiring an additional 1,806,042 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new position in shares of Atlassian in the 4th quarter worth approximately $687,486,000. Invesco Ltd. lifted its position in Atlassian by 265.9% during the fourth quarter. Invesco Ltd. now owns 2,445,440 shares of the technology company’s stock valued at $595,171,000 after acquiring an additional 1,777,179 shares during the last quarter. Geode Capital Management LLC grew its holdings in Atlassian by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 2,177,813 shares of the technology company’s stock worth $528,851,000 after purchasing an additional 27,899 shares during the last quarter. Finally, Voya Investment Management LLC boosted its position in shares of Atlassian by 17,941.0% in the 4th quarter. Voya Investment Management LLC now owns 2,172,854 shares of the technology company’s stock worth $528,693,000 after purchasing an additional 2,160,810 shares in the last quarter. Hedge funds and other institutional investors own 94.45% of the company’s stock.

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.