Better Times Ahead For Atlassian Corporation (NASDAQ: TEAM)?

Atlassian Corporation (TEAM) concluded trading on Thursday at a closing price of $229.07, with 4.26 million shares of worth about $976.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.42% during that period and on May 01, 2025 the price saw a gain of about 0.33%. Currently the company’s common shares owned by public are about 163.08M shares, out of which, 160.16M shares are available for trading.

Stock saw a price change of 1.77% in past 5 days and over the past one month there was a price change of 5.85%. Year-to-date (YTD), TEAM shares are showing a performance of -5.88% which increased to 29.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $135.29 but also hit the highest price of $326.00 during that period. The average intraday trading volume for Atlassian Corporation shares is 2.43 million. The stock is currently trading 10.40% above its 20-day simple moving average (SMA20), while that difference is down -0.22% for SMA50 and it goes to 4.60% higher than SMA200.

Atlassian Corporation (NASDAQ: TEAM) currently have 163.08M outstanding shares and institutions hold larger chunk of about 55.07% of that.

The stock has a current market capitalization of $60.02B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$1.33 in the same period. It has Quick Ratio of 1.22 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TEAM, volatility over the week remained 3.52% while standing at 6.27% over the month.

Analysts are in expectations that Atlassian Corporation (TEAM) stock would likely to be making an EPS of 0.87 in the current quarter, while forecast for next quarter EPS is 0.94 and it is 4.29 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.77 which is 1.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.66 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 18.71% while it is estimated to increase by 20.95% in next year. EPS is likely to grow at an annualized rate of 21.12% for next 5-years, compared to annual growth of 15.38% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on April 14, 2025 offering an Outperform rating for the stock and assigned a target price of $255 to it. Coverage by Macquarie stated Atlassian Corporation (TEAM) stock as an Outperform in their note to investors on April 10, 2025, suggesting a price target of $270 for the stock. On April 10, 2025, BMO Capital Markets Reiterated their recommendations, while on April 02, 2025, Cantor Fitzgerald Upgrade their ratings for the stock with a price target of $272. Stock get an Equal-weight rating from Stephens on March 19, 2025.

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