Atlassian (NASDAQ:TEAM) Announces Earnings Results, Misses Estimates By $0.85 EPS

Atlassian (NASDAQ:TEAM) posted its quarterly earnings results on Thursday. The technology company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.85), Zacks reports. Atlassian had a negative return on equity of 23.35% and a negative net margin of 8.59%. Atlassian updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Atlassian Stock Down 1.6 %

TEAM traded down $4.38 during trading on Thursday, reaching $266.95. The stock had a trading volume of 3,682,127 shares, compared to its average volume of 1,833,907. Atlassian has a one year low of $135.29 and a one year high of $287.97. The company has a market capitalization of $69.52 billion, a price-to-earnings ratio of -175.62 and a beta of 0.83. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.96. The stock’s 50 day moving average is $259.32 and its two-hundred day moving average is $206.76.

Insider Buying and Selling

In other Atlassian news, President Anutthara Bharadwaj sold 4,560 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $225.45, for a total value of $1,028,052.00. Following the completion of the transaction, the president now owns 224,436 shares of the company’s stock, valued at approximately $50,599,096.20. The trade was a 1.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Gene Liu sold 1,024 shares of Atlassian stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $225.45, for a total transaction of $230,860.80. Following the completion of the sale, the chief accounting officer now owns 59,168 shares of the company’s stock, valued at $13,339,425.60. This represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 264,240 shares of company stock worth $66,529,872 in the last three months. 38.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Oppenheimer increased their price target on shares of Atlassian from $270.00 to $300.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Raymond James upped their price target on shares of Atlassian from $200.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Wells Fargo & Company lifted their price objective on Atlassian from $300.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. BMO Capital Markets upgraded Atlassian from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $255.00 to $292.00 in a research report on Friday, January 10th. Finally, KeyCorp raised their target price on shares of Atlassian from $260.00 to $315.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Nine equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $273.19.

About Atlassian

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.