Atlassian (TEAM) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

TEAM Stock Forecast


Atlassian stock forecast is as follows: an average price target of $237.67 (represents a 45.15% upside from TEAM’s last price of $163.74) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

TEAM Price Target


The average price target for Atlassian (TEAM) is $237.67 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $400.00 to $147.00. This represents a potential 45.15% upside from TEAM's last price of $163.74.

TEAM Analyst Ratings


Buy

According to 19 Wall Street analysts, Atlassian's rating consensus is 'Buy'. The analyst rating breakdown for TEAM stock is 0 'Strong Buy' (0.00%), 13 'Buy' (68.42%), 5 'Hold' (26.32%), 1 'Sell' (5.26%), and 0 'Strong Sell' (0.00%).

Atlassian Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 02, 2024Ittai KidronOppenheimer$230.00$173.2432.76%40.47%
Aug 02, 2024David HynesCanaccord Genuity$200.00$173.2415.45%22.14%
Aug 02, 2024Kash RanganGoldman Sachs$230.00$143.6860.08%40.47%
Aug 02, 2024Rob OliverRobert W. Baird$175.00$173.241.02%6.88%
Jul 02, 2024Rob OwensPiper Sandler$225.00$178.2526.23%37.41%
Apr 11, 2024Ryan MacWilliamsBarclays$275.00$204.7434.32%67.95%
Oct 13, 2023David Hynes JrCanaccord Genuity$230.00$188.3122.14%40.47%
Oct 13, 2023Gregg MoskowitzMizuho Securities$240.00$188.3127.45%46.57%
May 05, 2023Joel FishbeinTruist Financial$150.00$135.9610.33%-8.39%
May 05, 2023Ittai KidronOppenheimer$200.00$135.9647.10%22.14%
Row per page
Go to

The latest Atlassian stock forecast, released on Aug 02, 2024 by Ittai Kidron from Oppenheimer, set a price target of $230.00, which represents a 32.76% increase from the stock price at the time of the forecast ($173.24), and a 40.47% increase from TEAM last price ($163.74).

Atlassian Price Target by Period


1M3M12M
# Anlaysts-58
Avg Price Target-$212.00$225.63
Last Closing Price$163.74$163.74$163.74
Upside/Downside-100.00%29.47%37.80%

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 $163.74. 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
Aug 02, 2024Cowen & Co.HoldHoldHold
Aug 02, 2024OppenheimerOutperformOutperformHold
Jul 02, 2024Piper SandlerNeutralOverweightUpgrade
Apr 19, 2024Cowen & Co.HoldHoldHold
Apr 12, 2024CitigroupBuyBuyHold
Apr 11, 2024Barclays-OverweightUpgrade
Jan 24, 2024Wells FargoOverweightOverweightHold
Jan 10, 2024OTR Global-PositiveUpgrade
Oct 13, 2023Canaccord GenuityBuyBuyHold
Aug 04, 2023JMP SecuritiesMarket PerformMarket PerformHold
Row per page
Go to

Atlassian's last stock rating was published by Cowen & Co. on Aug 02, 2024. The company gave TEAM a "Hold" 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$1.06B$977.77M$939.10M$915.45M$872.70M$807.39M-$740.49M$688.53M$614.02M$559.54M$568.73M$501.36M$459.51M$430.48M$411.58M
Avg Forecast$1.97B$1.89B$1.80B$1.69B$1.61B$1.58B$1.47B$1.39B$1.35B$1.32B$1.23B$1.15B$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$2.01B$1.93B$1.83B$1.73B$1.65B$1.61B$1.50B$1.41B$1.38B$1.35B$1.26B$1.18B$1.15B$1.12B$1.04B$986.13M$933.55M$921.55M$867.43M$822.86M$723.33M$714.48M$653.88M$595.28M$534.39M$544.24M$480.90M$449.07M$418.78M$404.12M
Low Forecast$1.96B$1.88B$1.79B$1.68B$1.60B$1.57B$1.46B$1.38B$1.35B$1.31B$1.23B$1.15B$1.12B$1.09B$1.02B$961.68M$910.40M$898.70M$845.92M$802.46M$723.33M$693.04M$634.26M$577.42M$518.35M$527.91M$466.46M$435.59M$406.21M$391.99M
# Analysts8913889127781316849464375348544744
Surprise %--------------1.04%1.01%1.03%1.01%1.03%1.00%-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 $1.09B, and a high forecast of $1.12B. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts8913889127781316849464375348544744
EBITDA--------------$-49.06M$13.11M$-21.60M$-131.94M$-81.55M$15.03M-$-1.63M$-43.75M$-361.76M$-182.21M$244.97M$-492.74M$10.88M$-361.05M$-130.74M
Avg Forecast$-217.55M$-208.41M$-197.87M$-186.47M$-177.65M$-173.99M$-162.15M$-152.66M$-149.09M$-145.58M$-135.71M$-127.21M$-124.54M$310.57M$-112.76M$-106.47M$-100.79M$282.34M$-93.66M$-338.25M$-138.02M$256.67M$-31.41M$-307.50M$-368.97M$202.90M$-415.75M$9.67M$-309.74M$-120.14M
High Forecast$-216.51M$-207.41M$-196.92M$-185.58M$-176.80M$-173.16M$-161.37M$-151.93M$-148.38M$-144.89M$-135.06M$-126.61M$-123.95M$372.68M$-112.23M$-105.96M$-100.31M$338.80M$-93.21M$-270.60M$-138.02M$308.00M$-25.13M$-246.00M$-295.17M$243.48M$-332.60M$11.60M$-247.79M$-96.11M
Low Forecast$-222.01M$-212.69M$-201.93M$-190.29M$-181.29M$-177.56M$-165.48M$-155.79M$-152.15M$-148.57M$-138.49M$-129.82M$-127.10M$248.46M$-115.08M$-108.66M$-102.86M$225.87M$-95.58M$-405.90M$-138.02M$205.34M$-37.70M$-369.00M$-442.76M$162.32M$-498.90M$7.73M$-371.69M$-144.17M
Surprise %--------------0.44%-0.12%0.21%-0.47%0.87%-0.04%--0.01%1.39%1.18%0.49%1.21%1.19%1.13%1.17%1.09%

9 analysts predict TEAM's average Quarter EBITDA for Dec 23 to be $-112.76M, with a high of $-112.23M and a low of $-115.08M. This is -960.40% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts8913889127781316849464375348544744
Net Income--------------$-84.47M$-31.88M$-58.95M$-209.04M$-205.03M$-13.74M-$-31.09M$-77.47M$-400.10M$-213.07M$159.84M$-621.53M$-21.55M$-385.22M$-158.82M
Avg Forecast$352.98M$336.88M$314.18M$279.87M$284.68M$280.27M$249.12M$224.25M$232.75M$226.11M$194.36M$166.03M$151.38M$202.65M$162.23M$137.77M$113.24M$184.22M$76.83M$-374.10M$70.96M$167.48M$-55.62M$-340.09M$-431.47M$132.39M$-524.41M$-19.16M$-311.85M$-128.57M
High Forecast$362.40M$345.87M$322.56M$287.34M$292.27M$287.75M$255.77M$230.23M$238.96M$232.14M$199.55M$173.94M$155.42M$243.18M$191.02M$141.44M$116.27M$221.07M$78.88M$-299.28M$70.96M$200.97M$-44.50M$-272.07M$-345.18M$158.87M$-419.53M$-15.33M$-249.48M$-102.86M
Low Forecast$350.79M$334.79M$312.23M$278.13M$282.91M$278.53M$247.57M$222.86M$231.31M$224.70M$193.16M$152.86M$150.44M$162.12M$146.53M$136.91M$112.54M$147.38M$76.36M$-448.91M$70.96M$133.98M$-66.75M$-408.10M$-517.77M$105.91M$-629.30M$-22.99M$-374.22M$-154.29M
Surprise %---------------0.52%-0.23%-0.52%-1.13%-2.67%0.04%--0.19%1.39%1.18%0.49%1.21%1.19%1.13%1.24%1.24%

Atlassian's average Quarter net income forecast for Jun 21 is $-431.47M, with a range of $-517.77M to $-345.18M. TEAM's average Quarter net income forecast represents a -369.94% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts8913889127781316849464375348544744
SG&A--------------$377.86M$336.88M$344.86M$386.02M$342.32M$303.02M-$273.50M$265.11M$196.51M$223.17M$170.23M$153.10M$141.66M$152.91M$156.70M
Avg Forecast$703.53M$673.97M$639.89M$603.02M$574.49M$562.68M$524.37M$493.69M$482.14M$470.80M$438.86M$411.40M$402.77M$215.82M$364.67M$344.32M$325.96M$196.20M$302.87M$183.74M$266.75M$178.36M$190.33M$167.04M$451.92M$141.00M$129.18M$125.92M$123.82M$126.88M
High Forecast$717.97M$687.81M$653.02M$615.39M$586.28M$574.23M$535.14M$503.82M$492.03M$480.47M$447.87M$419.84M$411.03M$258.98M$372.16M$351.39M$332.65M$235.44M$309.09M$220.49M$266.75M$214.03M$228.40M$200.44M$542.30M$169.20M$155.01M$151.10M$148.58M$152.26M
Low Forecast$700.17M$670.76M$636.83M$600.14M$571.75M$559.99M$521.87M$491.33M$479.83M$468.56M$436.76M$409.43M$400.84M$172.65M$362.93M$342.67M$324.40M$156.96M$301.43M$146.99M$266.75M$142.69M$152.27M$133.63M$361.53M$112.80M$103.34M$100.73M$99.05M$101.51M
Surprise %--------------1.04%0.98%1.06%1.97%1.13%1.65%-1.53%1.39%1.18%0.49%1.21%1.19%1.13%1.23%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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts8913889127781316849464375348544744
EPS--------------$-0.33$-0.12$-0.23$-0.81$-0.80$-0.05-$-0.12$-0.31$-1.59$-0.85$0.64$-2.49$-0.09$-1.56$-0.65
Avg Forecast$1.36$1.29$1.21$1.08$1.09$1.08$0.96$0.86$0.89$0.87$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$1.39$1.33$1.24$1.10$1.12$1.11$0.98$0.88$0.92$0.89$0.77$0.67$0.60$0.64$0.73$0.54$0.45$0.36$0.30$0.41$0.27$0.33$0.40$0.41$0.19$0.30$0.33$0.28$0.21$0.21
Low Forecast$1.35$1.29$1.20$1.07$1.09$1.07$0.95$0.86$0.89$0.86$0.74$0.59$0.58$0.62$0.56$0.53$0.43$0.35$0.29$0.40$0.27$0.32$0.39$0.39$0.19$0.29$0.32$0.27$0.21$0.20
Surprise %---------------0.53%-0.23%-0.53%-2.31%-2.71%-0.14%--0.38%-0.79%-3.99%-4.53%2.17%-7.75%-0.33%-7.48%-3.23%

According to 5 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
UUnity Software$19.91$64.97226.32%Hold
PAYCPaycom Software$169.38$349.50106.34%Buy
SNOWSnowflake$113.67$206.8381.96%Buy
ZMZoom Video Communications$67.59$111.7765.36%Hold
TEAMAtlassian$163.74$237.6745.15%Buy
DDOGDatadog$109.26$138.4926.75%Buy
SHOPShopify$72.45$86.1218.87%Buy
ADSKAutodesk$263.96$283.417.37%Buy
WDAYWorkday$250.05$264.915.94%Buy
INTUIntuit$655.31$689.005.14%Buy
TTDTrade Desk$106.06$107.411.27%Buy
CRMSalesforce$254.57$257.761.25%Buy
NOWServiceNow$878.95$728.75-17.09%Buy

TEAM Forecast FAQ


Yes, according to 19 Wall Street analysts, Atlassian (TEAM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 68.42% of TEAM's total ratings.

Atlassian (TEAM) average price target is $237.67 with a range of $147 to $400, implying a 45.15% from its last price of $163.74. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TEAM stock, the company can go up by 45.15% (from the last price of $163.74 to the average price target of $237.67), up by 144.29% based on the highest stock price target, and down by -10.22% based on the lowest stock price target.

TEAM's average twelve months analyst stock price target of $237.67 supports the claim that Atlassian can reach $200 in the near future.

Atlassian's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $6.05B (high $6.17B, low $6.02B), average EBITDA is $-666M (high $-663M, low $-680M), average net income is $1.04B (high $1.07B, low $1.03B), average SG&A $2.16B (high $2.2B, low $2.14B), and average EPS is $3.99 (high $4.09, low $3.96). TEAM's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $7.35B (high $7.5B, low $7.32B), average EBITDA is $-810M (high $-806M, low $-827M), average net income is $1.28B (high $1.32B, low $1.28B), average SG&A $2.62B (high $2.67B, low $2.61B), and average EPS is $4.93 (high $5.06, low $4.9).

Based on Atlassian's last annual report (Jun 2023), the company's revenue was $3.53B, which missed the average analysts forecast of $4.2B by -15.79%. Apple's EBITDA was $-220M, missing the average prediction of $-388M by -43.34%. The company's net income was $-487M, missing the average estimation of $71.16M by -784.00%. Apple's SG&A was $1.38B, beating the average forecast of $1.28B by 7.90%. Lastly, the company's EPS was $-1.9, missing the average prediction of $1.75 by -208.52%. 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 $-113M by -56.49%. Atlassian's net income was $-84.469M, missing the average estimation of $162.23M by -152.07%. The company's SG&A was $377.86M, beating the average forecast of $364.67M by 3.62%. Lastly, the company's EPS was $-0.33, missing the average prediction of $0.623 by -152.95%