Atlassian The Greek God
Atlassian's a member of my Top 10 SaaS company list and its business position remains strong. 4Q'24's earnings were disappointing and so was next year's guidance. However, Atlassian has the opportunity to capture a large chunk of the fast-growing Software Development and Work Management markets. Valuation, while down sharply from 2021, remains high. However, shares are trading within a very strong support area.
Atlassian Corporation (TEAM) Management presents at Goldman Sachs Communacopia & Technology Conference (Transcript)
Atlassian Corporation (NASDAQ:TEAM ) Goldman Sachs Communacopia & Technology Conference September 11, 2024 5:25 PM ET Company Participants Tiffany To - SVP, Enterprise and Platform Unidentified Analyst Hi, everyone. Thanks so much for joining us today.
Atlassian: Capturing The Enterprise Market With Robust Product Innovation Roadmap
I maintain a "buy" rating on Atlassian with a $171 price target, despite possible short-term volatility and lower-than-expected FY25 revenue and margin guidance. Atlassian's robust product innovation and enterprise penetration, especially with AI-led solutions, drive long-term growth potential and market share expansion. The company's focus on migrating Data Center customers to Cloud and cross-selling products, while expanding paid seats among existing customers supports its $10B revenue target over the next 5 years.
Atlassian Corporation (TEAM) Citi's 2024 Global TMT Conference (Transcript)
Atlassian Corporation (NASDAQ:TEAM ) Citi's 2024 Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Anu Bharadwaj - Chief Operating Officer Conference Call Participants Fatima Boolani - Citi Fatima Boolani All right. Good morning, everybody.
Atlassian Plunges 30% YTD: How Should Investors Play the Stock?
Given TEAM's decelerating sales and customer growth, along with competitive pressure, it is wise to stay away from investing in the stock right now.
Atlassian acquires Rewatch as it gets into AI meeting bots
Atlassian on Thursday announced that it has acquired Rewatch, an AI-powered meeting notetaker, screen recording tool and video hub. The company plans to integrate Rewatch into Loom, the asynchronous video messaging platform it acquired for $975 million last October.
Watch These Atlassian Price Levels as Stock Regains Momentum
Shares in collaboration software maker Atlassian (TEAM) will remain in focus on Monday following last week's gain of 9%.
Atlassian: Now, It's Finally Time To Buy (Rating Upgrade)
Atlassian's YTD declines intensified after the company released its FY25 outlook calling for 16% growth, versus Street expectations for 18% growth. Still, the sharp selloff has rendered the stock cheap even against lowered expectations. The stock has reached rough valuation parity with Salesforce and Workday, against which it used to trade at a large premium.
Down by 70% from ATH, Atlassian stock is still expensive
Atlassian (TEAM) stock price has been a big loser in 2024, shedding over 40% of its valuation amid concerns about its growth and competition. It was trading at $142 on Friday, down by over 70% from its all-time high (ATH).
International Markets and Atlassian (TEAM): A Deep Dive for Investors
Examine Atlassian's (TEAM) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Atlassian Stock Plunges as Business Software Company Issues Soft Guidance
Shares of Atlassian (TEAM) sank as the business software provider posted disappointing guidance and announced its top sales executive is leaving the company.
Why Atlassian Stock Plunged to 52-Week Lows Today
Atlassian grew as expected during its latest fiscal year but investors had hoped for better growth projections for the coming year. The company is investing in AI, causing certain operating expenses to grow at a faster rate than revenue in the most recent quarter.
