Recent Research Analysts’ Ratings Updates for Atlassian (TEAM)

A number of research firms have changed their ratings and price targets for Atlassian (NASDAQ: TEAM):

• 7/10/2026 – Atlassian had its “buy” rating reaffirmed by BTIG Research. They now have a $130.00 price target on the stock.
• 7/8/2026 – Atlassian had its price target lowered by KeyCorp from $130.00 to $115.00. They now have an “overweight” rating on the stock.
• 7/1/2026 – Atlassian had its “market perform” rating reaffirmed by Citizens Jmp.
• 6/29/2026 – Atlassian had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/29/2026 – Atlassian was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/25/2026 – Atlassian had its price target lowered by BMO Capital Markets from $105.00 to $95.00. They now have an “outperform” rating on the stock.
• 5/30/2026 – Atlassian was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Insiders Place Their Bets

In other Atlassian news, CRO Brian Duffy sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $89.71, for a total transaction of $269,130.00. Following the transaction, the executive owned 227,691 shares in the company, valued at approximately $20,426,159.61. This represents a 1.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO James Chuong sold 8,838 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $87.75, for a total transaction of $775,534.50. Following the completion of the transaction, the chief financial officer directly owned 288,272 shares of the company’s stock, valued at approximately $25,295,868. This represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 20,041 shares of company stock valued at $1,801,069 in the last three months. 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.