Atlassian Corporation PLC (NASDAQ:TEAM) Receives $144.67 Average PT from Analysts

Shares of Atlassian Corporation PLC (NASDAQ:TEAM) have been assigned an average recommendation of “Moderate Buy” from the twenty-eight analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $144.6667.

A number of research firms have weighed in on TEAM. Citigroup lowered their target price on Atlassian from $160.00 to $110.00 and set a “buy” rating for the company in a report on Friday, May 1st. BNP Paribas Exane initiated coverage on shares of Atlassian in a research report on Monday, March 16th. They issued an “outperform” rating and a $95.00 price objective on the stock. Robert W. Baird set a $120.00 price target on shares of Atlassian in a report on Friday, May 1st. Piper Sandler lowered their price objective on Atlassian from $200.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Finally, Jefferies Financial Group set a $150.00 price target on Atlassian in a report on Friday, February 6th.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian announced “Flex,” a new enterprise licensing model to let large customers scale and shift usage for Atlassian’s AI-enabled platform without long-term forecasts — designed to speed enterprise adoption and protect recurring revenue. Atlassian to Introduce Flex: A Flexible Commercial Model for the AI Era
• Positive Sentiment: Atlassian opened its Teamwork Graph to partners and agents, allowing external agents/apps to search, reason and act across tools and teams — a move that broadens the platform’s AI ecosystem and could increase integration-driven revenue. Atlassian Opens Up Its Teamwork Graph to Power Agentic Work Across the Enterprise
• Positive Sentiment: KeyBanc issued a Buy on TEAM, which may support near-term investor interest and reduce downside risk from sentiment-driven selling. Atlassian (TEAM) Receives a Buy from KeyBanc
• Positive Sentiment: Atlassian is adding AI agents and other AI capabilities to products like Jira, reinforcing the company’s AI narrative and potential to upsell automation/agent features to customers. Atlassian adds AI agents to Jira for human-agent teamwork
• Neutral Sentiment: Multiple partner awards (Praecipio, Rewind, Tempo, Valiantys, Eficode) were announced — positive for ecosystem health but of limited immediate revenue impact. Praecipio Receives Atlassian Partner of the Year 2026 for Service Solutions
• Neutral Sentiment: Feature and partner ecosystem updates (e.g., Rewind’s Jira failover tool) highlight third-party innovation around Atlassian products — supportive for platform stickiness but not a direct near-term revenue driver. At Atlassian Team ’26, Rewind Unveils Jira Failover Tool Built for the Age of AI Agents
• Negative Sentiment: Industry headwinds: Freshworks announced ~11% job cuts as AI reshapes software; Atlassian cut ~10% last month — these moves keep investor focus on margins, potential churn, and execution risk despite product momentum. Freshworks to cut 11% jobs as AI reshapes software sector
• Neutral Sentiment: Opinion piece: A long-term investor write-up argues Atlassian’s AI roadmap justifies buying at depressed levels — useful for sentiment but not a substitute for fundamentals. I Bought Atlassian Stock When It Was Down 87%, and Now It’s Soaring. These Were My Reasons.

Insider Buying and Selling at Atlassian

In related news, CRO Brian Duffy sold 1,222 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $81.35, for a total value of $99,409.70. Following the transaction, the executive directly owned 124,332 shares of the company’s stock, valued at $10,114,408.20. This represents a 0.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott Farquhar sold 7,665 shares of Atlassian stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $94.81, for a total value of $726,718.65. Following the sale, the director directly owned 275,940 shares of the company’s stock, valued at approximately $26,161,871.40. This represents a 2.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,343 shares of company stock worth $1,942,596 in the last three months. 36.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On Atlassian

A number of institutional investors and hedge funds have recently modified their holdings of the company. MV Capital Management Inc. acquired a new position in Atlassian in the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. lifted its stake in Atlassian by 60.4% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Geneos Wealth Management Inc. lifted its stake in Atlassian by 447.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock valued at $42,000 after acquiring an additional 161 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Atlassian by 19,900.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company’s stock valued at $32,000 after acquiring an additional 199 shares during the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Atlassian in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 94.45% of the company’s stock.

Atlassian Trading Down 3.8%

TEAM opened at $88.80 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.70 and a debt-to-equity ratio of 1.13. The stock’s fifty day moving average is $71.69 and its two-hundred day moving average is $116.79. The company has a market capitalization of $23.42 billion, a P/E ratio of -106.99, a PEG ratio of 23.61 and a beta of 0.90. Atlassian has a 52 week low of $56.01 and a 52 week high of $232.36.

Atlassian (NASDAQ:TEAM) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.42. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.70 billion. Atlassian had a positive return on equity of 6.22% and a negative net margin of 3.50%.During the same quarter in the prior year, the company earned $0.97 EPS. The business’s revenue was up 31.7% compared to the same quarter last year. Analysts forecast that Atlassian will post 0.18 earnings per share for the current year.

Atlassian Company Profile

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.