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Atlassian (TEAM) Stock Forecast, Price Target & Predictions

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TEAM Stock Forecast

Atlassian stock forecast is as follows: an average price target of $231.46 (represents a -14.21% downside from TEAM’s last price of $269.79) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.

TEAM Price Target

The average price target for Atlassian (TEAM) is $231.46 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $280.00 to $175.00. This represents a potential -14.21% downside from TEAM's last price of $269.79.

TEAM Analyst Ratings

Buy

According to 20 Wall Street analysts, Atlassian's rating consensus is 'Buy'. The analyst rating breakdown for TEAM stock is 0 'Strong Buy' (0.00%), 14 'Buy' (70.00%), 5 'Hold' (25.00%), 1 'Sell' (5.00%), and 0 'Strong Sell' (0.00%).

Atlassian Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Nick AltmannScotiabank$250.00$224.3511.43%-7.34%
Nov 01, 2024Ittai KidronOppenheimer$270.00$224.3520.35%0.08%
Nov 01, 2024Joel Fishbein JrTruist Financial$200.00$224.35-10.85%-25.87%
Nov 01, 2024Rob OwensPiper Sandler$265.00$224.3518.12%-1.78%
Nov 01, 2024Brent ThillJefferies$280.00$224.3524.80%3.78%
Nov 01, 2024Jason CelinoKeyBanc$260.00$224.3515.89%-3.63%
Oct 14, 2024Alex ZukinWolfe Research$240.00$187.0628.30%-11.04%
Oct 11, 2024Keith WeissMorgan Stanley$224.00$184.0021.74%-16.97%
Oct 10, 2024David HynesCanaccord Genuity$225.00$177.1027.05%-16.60%
Oct 01, 2024Adam TindleRaymond James$200.00$158.8125.94%-25.87%
Sep 18, 2024Greg MoskowitzMizuho Securities$190.00$155.8221.94%-29.57%
Aug 02, 2024Ittai KidronOppenheimer$230.00$173.2432.76%-14.75%
Aug 02, 2024David HynesCanaccord Genuity$200.00$173.2415.45%-25.87%
Aug 02, 2024Kash RanganGoldman Sachs$230.00$143.6860.08%-14.75%
Aug 02, 2024Rob OliverRobert W. Baird$175.00$173.241.02%-35.13%
Jul 02, 2024Rob OwensPiper Sandler$225.00$178.2526.23%-16.60%
Apr 11, 2024Ryan MacWilliamsBarclays$275.00$204.7434.32%1.93%
Oct 13, 2023David Hynes JrCanaccord Genuity$230.00$188.3122.14%-14.75%
Oct 13, 2023Gregg MoskowitzMizuho Securities$240.00$188.3127.45%-11.04%
May 05, 2023Joel FishbeinTruist Financial$150.00$135.9610.33%-44.40%
May 05, 2023Ittai KidronOppenheimer$200.00$135.9647.10%-25.87%
Feb 03, 2023Canaccord Genuity$175.00$170.702.52%-35.13%
Feb 03, 2023Piper Sandler$160.00$182.41-12.29%-40.69%
Jan 06, 2023Wells Fargo$200.00$119.9766.71%-25.87%
Nov 29, 2022BMO Capital$151.00$126.0819.76%-44.03%
Nov 11, 2022Morgan Stanley$190.00$139.6336.07%-29.57%
Nov 04, 2022Frederick HavemeyerMacquarie$147.00$116.5426.14%-45.51%
Aug 24, 2022Rob OliverRobert W. Baird$380.00$259.6646.35%40.85%
Aug 08, 2022Wolfe Research$290.00$268.597.97%7.49%
Aug 05, 2022Truist Financial$250.00$254.99-1.96%-7.34%
Jul 22, 2022Citigroup$375.00$202.2685.40%39.00%
Jul 11, 2022Kash RanganGoldman Sachs$300.00$214.0840.13%11.20%
May 23, 2022Jefferies$180.00$173.373.83%-33.28%
May 21, 2022Michael TurrinWells Fargo$300.00$177.4069.11%11.20%
May 16, 2022Greg MoskowitzMizuho Securities$360.00$177.00103.39%33.44%
Apr 22, 2022Wells Fargo$400.00$251.6158.98%48.26%
Apr 11, 2022Derrick WoodCowen & Co.$330.00$271.6321.49%22.32%
Apr 08, 2022James FishPiper Sandler$384.00$272.0241.17%42.33%
Feb 10, 2022Keith WeissMorgan Stanley$505.00$346.1645.89%87.18%
Jan 28, 2022Shebly SeyrafiFBN Securities$400.00$319.1725.33%48.26%
Jan 28, 2022Keith BachmanBMO Capital$382.00$319.1719.69%41.59%
Jan 28, 2022David HynesCanaccord Genuity$375.00$319.1717.49%39.00%
Jan 28, 2022Ittai KidronOppenheimer$430.00$319.1734.72%59.38%
Jan 23, 2022Derrick WoodCowen & Co.$325.00$283.0014.84%20.46%
Oct 29, 2021Alex ZukinWolfe Research$500.00$458.139.14%85.33%
Apr 30, 2021Frederick HavemeyerMacquarie$270.00$237.5613.66%0.08%
Apr 14, 2021Rishi JaluriaRBC Capital$290.00$231.4825.28%7.49%

The latest Atlassian stock forecast, released on Nov 01, 2024 by Nick Altmann from Scotiabank, set a price target of $250.00, which represents a 11.43% increase from the stock price at the time of the forecast ($224.35), and a -7.34% decrease from TEAM last price ($269.79).

Atlassian Price Target by Period

1M3M12M
# Anlaysts-1117
Avg Price Target-$236.73$231.71
Last Closing Price$269.79$269.79$269.79
Upside/Downside-100.00%-12.25%-14.11%

In the current month, the average price target of Atlassian stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Atlassian's last price of $269.79. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 01, 2024JefferiesBuyBuyHold
Nov 01, 2024KeyBancOverweightUpgrade
Oct 29, 2024Canaccord GenuityBuyBuyHold
Oct 14, 2024Piper SandlerOverweightOverweightHold
Oct 14, 2024Wolfe ResearchOutperformOutperformHold
Oct 11, 2024Goldman SachsBuyBuyHold
Oct 11, 2024OTR GlobalPositiveMixedDowngrade
Oct 11, 2024Morgan StanleyOverweightOverweightHold
Oct 01, 2024Raymond JamesMarket PerformOutperformUpgrade
Sep 23, 2024ScotiabankSector PerformSector PerformHold
Sep 23, 2024Piper SandlerUnderperformUnderperformHold
Sep 23, 2024OppenheimerOutperformOutperformHold
Aug 02, 2024Cowen & Co.HoldHoldHold
Aug 02, 2024OppenheimerOutperformOutperformHold
Jul 02, 2024Piper SandlerNeutralOverweightUpgrade
Apr 19, 2024Cowen & Co.HoldHoldHold
Apr 12, 2024CitigroupBuyBuyHold
Apr 11, 2024BarclaysOverweightUpgrade
Jan 24, 2024Wells FargoOverweightOverweightHold
Jan 10, 2024OTR GlobalPositiveUpgrade
Oct 13, 2023Canaccord GenuityBuyBuyHold
Aug 04, 2023JMP SecuritiesMarket PerformMarket PerformHold
Aug 04, 2023Mizuho SecuritiesBuyBuyHold
May 05, 2023Raymond JamesMarket PerformMarket PerformHold
May 05, 2023JMP SecuritiesMarket PerformMarket PerformHold
Feb 03, 2023Canaccord GenuityBuyBuyHold
Feb 03, 2023Morgan StanleyOverweightOverweightHold
Feb 03, 2023Piper SandlerNeutralNeutralHold
Jan 06, 2023Wells FargoOverweightOverweightHold
Jan 05, 2023ScotiabankSector OutperformInitialise
Jan 05, 2023BenchmarkSellInitialise
Jan 05, 2023B. RileyBuyInitialise
Jan 05, 2023JefferiesHoldBuyUpgrade
Nov 29, 2022BMO CapitalMarket PerformMarket PerformHold
Nov 11, 2022Morgan StanleyOverweightOverweightHold
Nov 04, 2022Piper SandlerNeutralDowngrade
Nov 04, 2022BMO CapitalMarket PerformMarket PerformHold
Nov 04, 2022MacquarieNeutralDowngrade
Nov 04, 2022Goldman SachsBuyBuyHold
Aug 08, 2022Wolfe ResearchOutperformOutperformHold
Aug 02, 2022Cowen & Co.OutperformOutperformHold
Jul 22, 2022CitigroupBuyBuyHold
Jun 27, 2022Goldman SachsBuyUpgrade
May 23, 2022JefferiesHoldHoldHold
May 21, 2022Wells FargoOverweightOverweightHold
May 16, 2022Mizuho SecuritiesBuyBuyHold
Apr 29, 2022Morgan StanleyOverweightOverweightHold
Feb 06, 2022BMO CapitalMarket PerformMarket PerformHold

Atlassian's last stock rating was published by Jefferies on Nov 01, 2024. The company gave TEAM a "Buy" rating, the same as its previous rate.

Atlassian Financial Forecast

Atlassian Revenue Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$1.06B$977.77M$939.10M$915.45M$872.70M$807.39M$759.84M$740.49M$688.53M$614.02M$559.54M$568.73M$501.36M$459.51M$430.48M$411.58M
Avg Forecast$1.89B$1.84B$1.75B$1.67B$1.62B$1.57B$1.48B$1.42B$1.36B$1.31B$1.24B$1.16B$1.13B$1.10B$1.02B$966.29M$914.77M$903.01M$849.98M$806.31M$723.33M$700.72M$641.29M$583.82M$524.10M$533.76M$471.64M$440.42M$410.72M$396.33M
High Forecast$1.94B$1.88B$1.79B$1.71B$1.66B$1.61B$1.52B$1.45B$1.39B$1.33B$1.27B$1.16B$1.13B$1.10B$1.05B$967.06M$936.65M$924.61M$870.31M$806.31M$723.33M$700.72M$641.29M$583.82M$524.10M$533.76M$471.64M$440.42M$410.72M$396.33M
Low Forecast$1.86B$1.81B$1.72B$1.64B$1.59B$1.55B$1.46B$1.40B$1.34B$1.29B$1.23B$1.15B$1.13B$1.10B$1.01B$965.52M$900.17M$888.60M$836.41M$806.31M$723.33M$700.72M$641.29M$583.82M$524.10M$533.76M$471.64M$440.42M$410.72M$396.33M
# Analysts168881281277171715749464374347441016811
Surprise %--------------1.04%1.01%1.03%1.01%1.03%1.00%1.05%1.06%1.07%1.05%1.07%1.07%1.06%1.04%1.05%1.04%

Atlassian's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.10B, with a low forecast of $1.10B, and a high forecast of $1.10B. TEAM's average Quarter revenue forecast represents a 3.55% increase compared to the company's last Quarter revenue of $1.06B (Dec 23).

Atlassian EBITDA Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts168881281277171715749464374347441016811
EBITDA--------------$-49.06M$13.11M$-21.60M$-131.94M$-81.55M$15.03M$-37.64M$-1.63M$-43.75M$-361.76M$-182.21M$244.97M$-492.74M$10.88M$-361.05M$-130.74M
Avg Forecast$-193.71M$-188.56M$-179.20M$-171.20M$-165.69M$-161.26M$-151.87M$-145.32M$-139.15M$-134.47M$-127.06M$-118.40M$-115.83M$310.57M$-104.88M$-99.02M$-93.74M$282.34M$-34.55M$-88.84M$-79.70M$256.67M$-70.66M$-64.33M$-57.75M$202.90M$-51.97M$-48.53M$-45.25M$-120.14M
High Forecast$-190.61M$-185.55M$-176.34M$-168.47M$-163.04M$-158.68M$-149.45M$-143.00M$-136.93M$-132.43M$-126.04M$-118.36M$-115.83M$372.68M$-103.20M$-98.95M$-92.25M$338.80M$-27.64M$-88.84M$-79.70M$308.00M$-70.66M$-64.33M$-57.75M$243.48M$-51.97M$-48.53M$-45.25M$-96.11M
Low Forecast$-198.34M$-193.07M$-183.49M$-175.30M$-169.65M$-165.11M$-155.50M$-148.80M$-142.48M$-136.51M$-130.10M$-118.44M$-115.83M$248.46M$-107.39M$-99.10M$-95.99M$225.87M$-41.47M$-88.84M$-79.70M$205.34M$-70.66M$-64.33M$-57.75M$162.32M$-51.97M$-48.53M$-45.25M$-144.17M
Surprise %--------------0.47%-0.13%0.23%-0.47%2.36%-0.17%0.47%-0.01%0.62%5.62%3.16%1.21%9.48%-0.22%7.98%1.09%

9 analysts predict TEAM's average Quarter EBITDA for Dec 23 to be $-104.88M, with a high of $-103.20M and a low of $-107.39M. This is -900.22% lower than Atlassian's previous annual EBITDA (Sep 23) of $13.11M.

Atlassian Net Income Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts168881281277171715749464374347441016811
Net Income--------------$-84.47M$-31.88M$-58.95M$-209.04M$-205.03M$-13.74M$-105.46M$-31.09M$-77.47M$-400.10M$-213.07M$159.84M$-621.53M$-21.55M$-385.22M$-158.82M
Avg Forecast$333.68M$333.14M$301.31M$293.06M$281.41M$279.09M$249.84M$242.36M$229.53M$222.81M$194.15M$166.12M$151.46M$202.65M$162.33M$137.85M$113.31M$184.22M$-61.18M$103.93M$70.56M$167.48M$101.71M$103.81M$48.89M$132.39M$83.68M$71.32M$54.29M$-128.57M
High Forecast$344.06M$343.50M$310.68M$302.17M$290.17M$287.77M$257.61M$249.89M$236.67M$262.60M$210.11M$166.15M$151.53M$243.18M$191.13M$137.88M$116.83M$221.07M$-48.95M$103.93M$70.56M$200.97M$101.71M$103.81M$48.89M$158.87M$83.68M$71.32M$54.29M$-102.86M
Low Forecast$326.76M$326.23M$295.06M$286.98M$275.57M$273.30M$244.66M$237.33M$224.77M$209.55M$178.19M$166.08M$151.40M$162.12M$146.62M$137.82M$110.96M$147.38M$-73.42M$103.93M$70.56M$133.98M$101.71M$103.81M$48.89M$105.91M$83.68M$71.32M$54.29M$-154.29M
Surprise %---------------0.52%-0.23%-0.52%-1.13%3.35%-0.13%-1.49%-0.19%-0.76%-3.85%-4.36%1.21%-7.43%-0.30%-7.10%1.24%

Atlassian's average Quarter net income forecast for Jun 21 is $48.89M, with a range of $48.89M to $48.89M. TEAM's average Quarter net income forecast represents a -69.42% decrease compared to the company's last Quarter net income of $159.84M (Mar 21).

Atlassian SG&A Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts168881281277171715749464374347441016811
SG&A--------------$377.86M$336.88M$344.86M$386.02M$342.32M$303.02M$310.94M$273.50M$265.11M$196.51M$223.17M$170.23M$153.10M$141.66M$152.91M$156.70M
Avg Forecast$674.92M$657.00M$624.40M$596.52M$577.30M$561.86M$529.15M$506.34M$484.83M$468.52M$442.71M$412.54M$403.59M$215.82M$365.42M$345.03M$326.63M$196.20M$209.37M$287.31M$257.74M$178.36M$228.51M$208.03M$186.75M$141.00M$168.06M$156.93M$146.35M$126.88M
High Forecast$691.07M$672.71M$639.33M$610.79M$591.11M$575.30M$541.81M$518.45M$496.43M$475.62M$453.30M$412.68M$403.59M$258.98M$374.16M$345.30M$334.44M$235.44M$251.24M$287.31M$257.74M$214.03M$228.51M$208.03M$186.75M$169.20M$168.06M$156.93M$146.35M$152.26M
Low Forecast$664.15M$646.51M$614.43M$587.00M$568.09M$552.89M$520.71M$498.26M$477.09M$461.42M$439.14M$412.39M$403.59M$172.65M$359.59M$344.75M$321.42M$156.96M$167.49M$287.31M$257.74M$142.69M$228.51M$208.03M$186.75M$112.80M$168.06M$156.93M$146.35M$101.51M
Surprise %--------------1.03%0.98%1.06%1.97%1.64%1.05%1.21%1.53%1.16%0.94%1.19%1.21%0.91%0.90%1.04%1.23%

Atlassian's average Quarter SG&A projection for Mar 24 is $215.82M, based on 4 Wall Street analysts, with a range of $172.65M to $258.98M. The forecast indicates a -42.88% fall compared to TEAM last annual SG&A of $377.86M (Dec 23).

Atlassian EPS Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts168881281277171715749464374347441016811
EPS--------------$-0.33$-0.12$-0.23$-0.81$-0.80$-0.05$-0.41$-0.12$-0.31$-1.59$-0.85$0.64$-2.49$-0.09$-1.56$-0.65
Avg Forecast$1.28$1.28$1.16$1.13$1.08$1.07$0.96$0.93$0.88$0.86$0.75$0.64$0.58$0.62$0.62$0.53$0.44$0.35$0.30$0.40$0.27$0.32$0.39$0.40$0.19$0.30$0.32$0.27$0.21$0.20
High Forecast$1.32$1.32$1.19$1.16$1.11$1.10$0.99$0.96$0.91$1.01$0.81$0.64$0.58$0.62$0.73$0.53$0.45$0.36$0.30$0.40$0.27$0.32$0.39$0.40$0.19$0.30$0.32$0.27$0.21$0.20
Low Forecast$1.25$1.25$1.13$1.10$1.06$1.05$0.94$0.91$0.86$0.80$0.68$0.64$0.58$0.62$0.56$0.53$0.43$0.34$0.29$0.40$0.27$0.32$0.39$0.40$0.19$0.30$0.32$0.27$0.21$0.20
Surprise %---------------0.53%-0.23%-0.53%-2.31%-2.71%-0.14%-1.51%-0.38%-0.79%-3.99%-4.53%2.17%-7.75%-0.33%-7.48%-3.23%

According to 4 Wall Street analysts, Atlassian's projected average Quarter EPS for Jun 21 is $0.19, with a low estimate of $0.19 and a high estimate of $0.19. This represents a -70.66% decrease compared to TEAM previous annual EPS of $0.64 (Mar 21).

Atlassian Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
INTUIntuit$677.77$744.009.77%Buy
WDAYWorkday$278.01$289.504.13%Buy
ADSKAutodesk$302.82$309.312.14%Buy
CRMSalesforce$350.97$338.33-3.60%Buy
SNOWSnowflake$170.81$164.58-3.65%Buy
DDOGDatadog$156.91$148.25-5.52%Buy
TTDTrade Desk$135.02$123.63-8.44%Buy
NOWServiceNow$1.11K$973.56-12.66%Buy
UUnity Software$24.66$21.33-13.50%Hold
TEAMAtlassian$269.79$231.46-14.21%Buy
ZMZoom Video Communications$84.60$72.20-14.66%Hold
SHOPShopify$119.49$98.43-17.62%Buy
PAYCPaycom Software$232.97$182.50-21.66%Hold

TEAM Forecast FAQ

Is Atlassian a good buy?

Yes, according to 20 Wall Street analysts, Atlassian (TEAM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 70.00% of TEAM's total ratings.

What is TEAM's price target?

Atlassian (TEAM) average price target is $231.46 with a range of $175 to $280, implying a -14.21% from its last price of $269.79. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Atlassian stock go up soon?

According to Wall Street analysts' prediction for TEAM stock, the company can go down by -14.21% (from the last price of $269.79 to the average price target of $231.46), up by 3.78% based on the highest stock price target, and down by -35.13% based on the lowest stock price target.

Can Atlassian stock reach $400?

TEAM's average twelve months analyst stock price target of $231.46 does not support the claim that Atlassian can reach $400 in the near future.

What are Atlassian's analysts' financial forecasts?

Atlassian's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $6.09B (high $6.24B, low $5.99B), average EBITDA is $-624M (high $-614M, low $-639M), average net income is $1.05B (high $1.09B, low $1.03B), average SG&A $2.17B (high $2.23B, low $2.14B), and average EPS is $4.04 (high $4.17, low $3.96). TEAM's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $7.15B (high $7.32B, low $7.04B), average EBITDA is $-733M (high $-721M, low $-750M), average net income is $1.26B (high $1.3B, low $1.24B), average SG&A $2.55B (high $2.61B, low $2.51B), and average EPS is $4.84 (high $4.99, low $4.74).

Did the TEAM's actual financial results beat the analysts' financial forecasts?

Based on Atlassian's last annual report (Jun 2023), the company's revenue was $3.53B, beating the average analysts forecast of $3.47B by 1.74%. Apple's EBITDA was $-220M, missing the average prediction of $65.19M by -437.55%. The company's net income was $-487M, missing the average estimation of $340.28M by -243.05%. Apple's SG&A was $1.38B, beating the average forecast of $1.02B by 34.99%. Lastly, the company's EPS was $-1.9, missing the average prediction of $1.48 by -228.39%. In terms of the last quarterly report (Dec 2023), Atlassian's revenue was $1.06B, beating the average analysts' forecast of $1.02B by 3.59%. The company's EBITDA was $-49.062M, missing the average prediction of $-105M by -53.22%. Atlassian's net income was $-84.469M, missing the average estimation of $162.33M by -152.04%. The company's SG&A was $377.86M, beating the average forecast of $365.42M by 3.40%. Lastly, the company's EPS was $-0.33, missing the average prediction of $0.623 by -152.95%