Atlassian (NASDAQ:TEAM) Issues Earnings Results

Atlassian (NASDAQ:TEAMGet 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.

Read Our Latest Report on Atlassian

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

(Get Free Report)

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.

Recommended Stories

Earnings History for Atlassian (NASDAQ:TEAM)

Receive News & Ratings for Atlassian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlassian and related companies with MarketBeat.com's FREE daily email newsletter.