
Atlassian (TEAM) Stock Forecast & Price Target
Atlassian (TEAM) Analyst Ratings
Bulls say
Atlassian has demonstrated a strong financial outlook, driven by an increase in guidance primarily due to price increases, along with the anticipated benefits from Data Center end-of-life (EOL) revenue recognition, projected to enhance growth by approximately 11.5 percentage points. The company's Data Center revenue growth has shown a significant year-over-year increase of around 20%, further supported by a solid performance in cloud revenue, highlighted by a $27 million revenue beat in the first quarter. Additionally, Atlassian's focus on strategic acquisitions aimed at enhancing AI integration into its platforms is expected to bolster its value proposition and drive further revenue growth through consumption-based pricing models.
Bears say
Atlassian's stock is facing several fundamental challenges that contribute to a negative outlook, including weak medium to long-term returns indicated by its Price Momentum, which may persist into the future. The company is experiencing risks from a potential decline in its premium EV/revenue multiple, faster-than-expected deceleration in subscription revenue, increased competition from major players like Microsoft and ServiceNow, and reduced traction in general work management, all of which could negatively impact financial performance. Additionally, Atlassian's upwardly revised full-year guidance, which accounts for the Browser Company acquisition, is expected to exert a slight dilution on operating margins, signaling potential future headwinds for profitability.
This aggregate rating is based on analysts' research of Atlassian and is not a guaranteed prediction by Public.com or investment advice.
Atlassian (TEAM) Analyst Forecast & Price Prediction
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