Atlassian (TEAM) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Atlassian (NASDAQ: TEAM):

• 3/23/2026 – Atlassian was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/17/2026 – Atlassian had its price target lowered by Wells Fargo & Company from $155.00 to $120.00. They now have an “overweight” rating on the stock.
• 3/16/2026 – Atlassian is now covered by BNP Paribas Exane. They set an “outperform” rating and a $95.00 price target on the stock.
• 3/15/2026 – Atlassian was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/12/2026 – Atlassian had its “outperform” rating reaffirmed by Wolfe Research. They now have a $100.00 price target on the stock.
• 3/12/2026 – Atlassian had its price target lowered by Mizuho from $205.00 to $185.00. They now have an “outperform” rating on the stock.
• 3/7/2026 – Atlassian was upgraded by Wall Street Zen from “hold” to “buy”.
• 2/14/2026 – Atlassian was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/11/2026 – Atlassian was downgraded by Zacks Research from “hold” to “strong sell”.
• 2/9/2026 – Atlassian had its price target lowered by Citigroup Inc. from $210.00 to $160.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian was given a new $140.00 price target by Robert W. Baird.
• 2/6/2026 – Atlassian was given a new $130.00 price target by BMO Capital Markets. They now have an “outperform” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Oppenheimer Holdings, Inc. from $275.00 to $150.00. They now have an “outperform” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by KeyCorp from $210.00 to $170.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its “overweight” rating reaffirmed by Piper Sandler. They now have a $200.00 price target on the stock, down from $280.00.
• 2/6/2026 – Atlassian was given a new $185.00 price target by Canaccord Genuity Group Inc..
• 2/6/2026 – Atlassian had its price target lowered by Wells Fargo & Company from $216.00 to $155.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian was given a new $150.00 price target by Jefferies Financial Group Inc..
• 2/6/2026 – Atlassian had its “neutral” rating reaffirmed by UBS Group AG. They now have a $105.00 price target on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Barclays PLC from $215.00 to $165.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Guggenheim from $225.00 to $190.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Morgan Stanley from $320.00 to $290.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by BTIG Research from $220.00 to $140.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Mizuho from $225.00 to $205.00. They now have an “outperform” rating on the stock.
• 2/4/2026 – Atlassian had its price target lowered by Cantor Fitzgerald from $240.00 to $146.00. They now have an “overweight” rating on the stock.
• 2/4/2026 – Atlassian had its price target lowered by BMO Capital Markets from $195.00 to $135.00. They now have an “outperform” rating on the stock.
• 1/27/2026 – Atlassian was given a new $145.00 price target by UBS Group AG.
• 1/26/2026 – Atlassian had its price target lowered by Robert W. Baird from $230.00 to $170.00. They now have an “outperform” rating on the stock.

Insider Activity

In other Atlassian news, Director Scott Farquhar sold 7,665 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $94.81, for a total value of $726,718.65. Following the transaction, the director owned 275,940 shares in the company, valued at approximately $26,161,871.40. The trade was a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $94.81, for a total transaction of $726,718.65. Following the transaction, the chief executive officer directly owned 275,940 shares of the company’s stock, valued at approximately $26,161,871.40. This trade represents a 2.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 297,283 shares of company stock valued at $40,674,300. Corporate insiders own 36.66% of the company’s stock.

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.