Atlassian Stock Hits a New 52-Week High: What Should Investors Do?
Though innovative product launches support TEAM's long-term prospects, increasing R&D expenses may dampen margins.
Atlassian price target raised to $300 from $280 at Jefferies
Jefferies raised the firm's price target on Atlassian to $300 from $280 and keeps a Buy rating on the shares. The firm said its management meetings gave it incremental confidence in the innovation uptick combined with R&D leverage still to come at Atlassian. Investors have been concerned about the 60% average price premium for Rovo relative to core Jira, but management noted plans to discount to drive adoption, the analyst tells investors in a research note.
Atlassian Up 36% in a Year: Should You Buy, Sell or Hold the Stock?
Ongoing digitalization and rapid adoption of cloud services are likely to aid TEAM's growth, while sluggish sales and customer growth remain concerns.
Here's Why Atlassian Stock Rose 19% in October
Investors loved the product strategy for this workforce-collaboration software leader.
Atlassian Is Up +60% in Three Months—What's Causing the Rally?
Atlassian NASDAQ: TEAM is a tech stock that has been on the rise big-time lately after suffering a difficult first seven months of 2024. The stock's 52-week low was back on Aug. 7.
Atlassian: Good Time To De-Risk Again After Sharp Rebound Rally (Rating Downgrade)
Atlassian's fiscal Q1 earnings exceeded expectations, but the stock's recent 60% rebound from July lows suggests it's time to take profits. Despite a slight revenue outlook boost and a $1.5 billion share buyback, Atlassian's valuation appears rich, with limited immediate upside potential. Key risks include slowing profit expansion, macroeconomic uncertainties, and the end-of-life of its server business, which may impact future growth.
Unlocking Atlassian (TEAM) International Revenues: Trends, Surprises, and Prospects
Examine the evolution of Atlassian's (TEAM) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Atlassian Q1 Review: Pivot To The Enterprise Is Working Wonders
I reiterate my “buy” rating on Atlassian after the stock gained more than 37% since my last rating in September, outperforming the S&P 500 index. Atlassian reported strong Q1 FY25 earnings, where momentum in the enterprise segment continued with paid seat expansion, cross-sell to premium editions and migrations from Data Center to Cloud. With a robust AI product roadmap, the company is heavily investing in R&D and Sales & Marketing to best position competitively, while setting a path to effective monetization in the coming years.
Is Atlassian's Q1 rally here to stay after strong earnings?
Atlassian Corporation (NASDAQ: TEAM) delivered impressive first-quarter fiscal 2025 results, surpassing market expectations and igniting a substantial stock rally of over 15% on Friday. The collaboration and productivity software provider reported significant increases in both revenue and earnings, signaling robust business momentum and effective execution of its strategic initiatives.
Why Atlassian Stock Soared Today
After experiencing a recent slowdown, the company's growth is heating back up.
Atlassian Stock Jumps After Its Results, Outlook Impress
Atlassian (TEAM) shares surged Friday after the business-software company posted better-than-expected quarterly results and raised its guidance as demand for artificial intelligence (AI) technology sent subscriptions surging.
Atlassian Stock Surges After Earnings. There's a Lot to Like About the Results.
The productivity software company beat quarterly estimates for earnings and sales.
