Atlassian (NASDAQ:TEAM) Earns Buy Rating from BTIG Research

Atlassian (NASDAQ:TEAM)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a research note issued on Tuesday,Benzinga reports. They presently have a $220.00 price objective on the technology company’s stock. BTIG Research’s price target would indicate a potential upside of 66.72% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Sanford C. Bernstein increased their price objective on shares of Atlassian from $290.00 to $304.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 18th. Wells Fargo & Company started coverage on shares of Atlassian in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $216.00 price target on the stock. Cowen reiterated a “hold” rating on shares of Atlassian in a research note on Monday, October 27th. UBS Group reduced their price objective on Atlassian from $215.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, October 24th. Finally, Robert W. Baird set a $230.00 target price on Atlassian in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Atlassian currently has an average rating of “Moderate Buy” and an average target price of $238.46.

Atlassian Stock Down 4.3%

Shares of Atlassian stock opened at $131.96 on Tuesday. Atlassian has a twelve month low of $131.20 and a twelve month high of $326.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average is $155.18 and its 200 day moving average is $168.02. The company has a market cap of $34.72 billion, a price-to-earnings ratio of -185.86, a price-to-earnings-growth ratio of 21.35 and a beta of 0.88.

Atlassian (NASDAQ:TEAM) last posted its earnings results on Thursday, October 30th. The technology company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.21. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Atlassian had a negative net margin of 3.38% and a negative return on equity of 7.11%. The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 EPS. Research analysts anticipate that Atlassian will post -0.34 EPS for the current year.

Insider Activity

In related news, President Anutthara Bharadwaj sold 9,847 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $152.46, for a total value of $1,501,273.62. Following the transaction, the president directly owned 242,092 shares of the company’s stock, valued at approximately $36,909,346.32. The trade was a 3.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott Farquhar sold 7,665 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $165.03, for a total value of $1,264,954.95. Following the completion of the transaction, the director owned 337,260 shares of the company’s stock, valued at $55,658,017.80. The trade was a 2.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 566,379 shares of company stock worth $89,162,702 over the last ninety days. Corporate insiders own 36.66% of the company’s stock.

Institutional Investors Weigh In On Atlassian

Several institutional investors and hedge funds have recently modified their holdings of TEAM. Capco Asset Management LLC bought a new position in shares of Atlassian during the 2nd quarter valued at about $25,000. Physician Wealth Advisors Inc. increased its position in Atlassian by 60.4% in the third quarter. Physician Wealth Advisors Inc. now owns 162 shares of the technology company’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Atlassian by 447.2% during the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock valued at $42,000 after purchasing an additional 161 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in Atlassian by 19,900.0% during the third quarter. Atlantic Union Bankshares Corp now owns 200 shares of the technology company’s stock valued at $32,000 after purchasing an additional 199 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new position in Atlassian during the fourth quarter valued at $32,000. Institutional investors own 94.45% of the company’s stock.

Atlassian News Summary

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: BTIG reaffirmed a “buy” on TEAM with a $220 price target, signaling analyst conviction that there is upside from current levels. BTIG/Benzinga coverage
• Positive Sentiment: Large institutional holders (e.g., Vanguard, Artisan, State Street) continue to hold or have added to positions in TEAM, supporting a base of long‑term demand beneath the stock.
• Neutral Sentiment: Atlassian scheduled Q2 FY2026 earnings for after the close on Feb 5, 2026 with a 2:00 PM PT conference call — a near‑term event that could reprice the stock based on revenue, guidance and booking trends. Earnings date announcement
• Neutral Sentiment: Operational/PR news: Keeper Security announced a cybersecurity deployment with the Atlassian Williams F1 team — positive for brand/partnerships but unlikely to move near‑term fundamentals materially. Keeper Security / Williams F1
• Neutral Sentiment: Analyst coverage remains mixed‑but‑positive overall (consensus “Moderate Buy” and a materially higher average target), so analyst commentary around earnings could amplify moves in either direction. Analyst roundup
• Negative Sentiment: Repeated insider selling by co‑founders Michael Cannon‑Brookes and Scott Farquhar (multiple 7,665‑share lots across Dec–Jan, including filings on Jan 12) is the primary bearish driver today — the pattern has prompted headlines and investor concern about timing and insider sentiment. See reporting and SEC filing for details. Invezz article SEC filing

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.