Atlassian (TEAM) to Release Quarterly Earnings on Thursday

Atlassian (NASDAQ:TEAM) will likely be issuing its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $1.12 per share and revenue of $1.5442 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.21. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Atlassian had a negative return on equity of 7.11% and a negative net margin of 3.38%.Atlassian’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.77 earnings per share. On average, analysts expect Atlassian to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Atlassian Price Performance

Shares of NASDAQ TEAM opened at $134.76 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market capitalization of $35.46 billion, a price-to-earnings ratio of -189.80, a PEG ratio of 20.73 and a beta of 0.88. The firm’s 50 day simple moving average is $150.02 and its 200-day simple moving average is $162.32. Atlassian has a 12 month low of $115.53 and a 12 month high of $326.00.

Insider Buying and Selling at Atlassian

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $167.61, for a total value of $1,284,730.65. Following the transaction, the chief executive officer owned 314,265 shares in the company, valued at $52,673,956.65. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Anutthara Bharadwaj sold 9,847 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $152.46, for a total value of $1,501,273.62. Following the completion of the transaction, the president directly owned 242,092 shares of the company’s stock, valued at approximately $36,909,346.32. This represents a 3.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 551,049 shares of company stock valued at $84,075,059 over the last quarter. 36.66% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Atlassian

Several hedge funds and other institutional investors have recently modified their holdings of TEAM. NewEdge Advisors LLC grew its stake in Atlassian by 71.6% during the 1st quarter. NewEdge Advisors LLC now owns 5,432 shares of the technology company’s stock valued at $1,153,000 after acquiring an additional 2,267 shares in the last quarter. Empowered Funds LLC grew its position in shares of Atlassian by 39.5% in the first quarter. Empowered Funds LLC now owns 4,689 shares of the technology company’s stock valued at $995,000 after purchasing an additional 1,328 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of Atlassian by 32.6% in the first quarter. Focus Partners Wealth now owns 4,122 shares of the technology company’s stock valued at $875,000 after purchasing an additional 1,014 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Atlassian by 447.2% during the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock worth $42,000 after buying an additional 161 shares in the last quarter. Finally, Sivia Capital Partners LLC lifted its position in Atlassian by 27.5% during the second quarter. Sivia Capital Partners LLC now owns 1,873 shares of the technology company’s stock worth $380,000 after buying an additional 404 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on TEAM shares. Mizuho dropped their price target on shares of Atlassian from $245.00 to $225.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. BTIG Research restated a “buy” rating and issued a $220.00 price target on shares of Atlassian in a research note on Tuesday, January 13th. KeyCorp dropped their price objective on Atlassian from $250.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, October 23rd. Truist Financial set a $210.00 price objective on Atlassian in a research report on Friday, October 31st. Finally, Macquarie decreased their target price on Atlassian from $250.00 to $240.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. Twenty-one research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Atlassian currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.54.

Key Stories Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Renewed Williams F1 partnership — Atlassian extended its long-term, fan-first sponsorship with the Williams F1 team, which supports global brand visibility and marketing momentum. Read More.
• Positive Sentiment: Sparco sponsorship added to F1 program — Sparco joined as the official racewear and technical apparel supplier for the Atlassian‑Williams F1 partnership, furthering co-marketing and brand exposure initiatives. Read More.
• Neutral Sentiment: Short-interest data is inconsistent across reports — some entries show a sizable January increase (≈7.49M shares, ~4.5% short interest, ~2.1 days to cover) while others report zero; data reliability is unclear, so short activity is not a confirmed driver based on these releases.
• Neutral Sentiment: Media coverage summarizes the mix of items pressuring shares today (insider sales, analyst action, lawsuit probe) and helps explain intraday volatility. Read More.
• Neutral Sentiment: Institutional moves: several hedge funds adjusted stakes in Q4 (some added exposure, others rebalanced). High institutional ownership (≈94%) can amplify moves but does not single-handedly predict direction.
• Negative Sentiment: Insider selling by founders/executives — CEO Michael Cannon‑Brookes and co‑founder/director Scott Farquhar each sold multiple blocks (7,665 shares at ~ $136.93 in the most recent filing), trimming their stakes by ~2.2%; repeated founder sales through January are a near‑term negative signal for sentiment. Read More.
• Negative Sentiment: Analyst action: Robert W. Baird trimmed its price target (lowering upside from $230 to $170), which reduces consensus near‑term upside and can pressure the stock. Read More.
• Negative Sentiment: Investor litigation probe: Pomerantz LLP announced an investigation into Atlassian, which raises legal risk and tends to weigh on sentiment until resolved. Read More.

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.