Atlassian (NASDAQ:TEAM – Get Free Report) posted its earnings results on Thursday. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Performance
TEAM stock traded down $4.38 during trading hours on Thursday, reaching $266.95. The stock had a trading volume of 3,512,908 shares, compared to its average volume of 1,814,800. The stock has a market capitalization of $69.52 billion, a PE ratio of -175.62 and a beta of 0.83. The stock has a 50-day simple moving average of $259.32 and a 200 day simple moving average of $206.76. Atlassian has a fifty-two week low of $135.29 and a fifty-two week high of $287.97. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.18 and a quick ratio of 1.18.
Analyst Ratings Changes
TEAM has been the subject of a number of analyst reports. Macquarie initiated coverage on shares of Atlassian in a report on Thursday, December 12th. They set a “neutral” rating and a $290.00 price objective for the company. Oppenheimer increased their price target on Atlassian from $270.00 to $300.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Jefferies Financial Group lifted their price objective on Atlassian from $300.00 to $325.00 and gave the company a “buy” rating in a report on Friday, January 24th. Canaccord Genuity Group increased their target price on Atlassian from $255.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, December 20th. Finally, BMO Capital Markets upgraded shares of Atlassian from a “market perform” rating to an “outperform” rating and upped their price target for the company from $255.00 to $292.00 in a report on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, Atlassian has a consensus rating of “Moderate Buy” and a consensus target price of $273.19.
Insider Transactions at Atlassian
In other news, CAO Gene Liu sold 165 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $245.84, for a total value of $40,563.60. Following the transaction, the chief accounting officer now directly owns 56,423 shares of the company’s stock, valued at $13,871,030.32. This represents a 0.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Anutthara Bharadwaj sold 4,560 shares of Atlassian stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $225.45, for a total transaction of $1,028,052.00. Following the sale, the president now directly owns 224,436 shares of the company’s stock, valued at $50,599,096.20. The trade was a 1.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 264,240 shares of company stock worth $66,529,872 in the last ninety days. Insiders own 38.55% of the company’s stock.
Atlassian Company Profile
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.
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