Atlassian upgraded by Goldman with a new price target
$TEAM
Computer Software: Prepackaged Software
Technology
Goldman upgraded Atlassian from Neutral to Buy and set a new price target of $230.00 from $200.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $177.00 → $255.00 | Market Perform | BMO Capital Markets |
| 11/1/2024 | $260.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 10/1/2024 | $200.00 | Mkt Perform → Outperform | Raymond James |
| 8/2/2024 | $200.00 → $230.00 | Neutral → Buy | Goldman |
| 8/2/2024 | $230.00 → $175.00 | Outperform → Neutral | Robert W. Baird |
| 7/11/2024 | $211.00 | Equal Weight → Overweight | CapitalOne |
| 7/2/2024 | $200.00 → $225.00 | Neutral → Overweight | Piper Sandler |
| 4/11/2024 | $275.00 | Equal Weight → Overweight | Barclays |
Revenue of $1,188 million, up 21% year-over-year Subscription revenue of $1,132 million, up 33% year-over-year GAAP operating margin of (3)% and non-GAAP operating margin of 23% Cash flow from operations of $80 million and free cash flow of $74 million Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its first quarter ended September 30, 2024. A shareholder letter was posted on Atlassian's Work Life blog at http://atlassian.com/blog/announcements/shareholder-letter-q1fy25 and in the Investor Relations section of Atlassian's website at https://investors.atlassian.com. First Quarter Fiscal Year
Revolutionary AI-powered platform transforms how global enterprises optimize spending, saving industry giants like Snowflake, Discover, and Sephora over $4.4 billion Zip, the world's leading AI-powered procurement orchestration platform, today announced $190 million in Series D funding led by BOND. This landmark investment — one of the largest for an enterprise SaaS company this year — brings Zip's valuation to $2.2 billion, a significant increase from its $1.5 billion valuation in 2023. Additional participants in the round included new investors DST Global, Adams Street, and Alkeon, along with existing investors Y Combinator and CRV. This press release features multimedia. View the full r
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its first quarter of fiscal year 2025 ended September 30, 2024 after market close on Thursday, October 31, 2024. Atlassian will host a conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareholder letter to the Investor Relations section of its website at https://investors.atlassian.com/. Webcast Details When: Thursday, October 31, 2024 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time). Webcast: A live webcast of the call can be
4 - Atlassian Corp (0001650372) (Issuer)
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4 - Atlassian Corp (0001650372) (Issuer)
SC 13G/A - Atlassian Corp (0001650372) (Subject)
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SC 13G/A - Atlassian Corp (0001650372) (Subject)
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Morgan Stanley analyst Keith Weiss maintains Atlassian (NASDAQ:TEAM) with a Overweight and lowers the price target from $245 to $225.
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced it is appointing Scott Belsky to its Board of Directors effective August 1, 2024. Scott is the Chief Strategy Officer and Executive Vice President, Design & Emerging Products, at Adobe (NASDAQ:ADBE), a leader in creative, digital document and digital experience technology. "I'm excited for Scott to bring his deep strategy and product experience to our Board. He's built loveable products used by millions of people around the world, and knows how to deliver customer value. Scott understands the tech industry and has a strong pulse for the trends shaping our world. Never h
Quarterly revenue of $1,189 million, up 30% year-over-year Quarterly subscription revenue of $1,071 million, up 41% year-over-year Quarterly GAAP operating margin of 1% and non-GAAP operating margin of 27% Quarterly cash flow from operations of $565 million and free cash flow of $555 million Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its third quarter ended March 31, 2024. Atlassian also announced co-founder Scott Farquhar will step down as co-CEO effective August 31, 2024, with co-founder Mike Cannon Brookes continuing to lead Atlassian as CEO. A shareholder letter was posted on Atla
Quarterly revenue of $978 million, up 21% year-over-year Quarterly subscription revenue of $852 million, up 31% year-over-year Quarterly GAAP operating margin of (2)% and non-GAAP operating margin of 23% Quarterly cash flow from operations of $167 million and free cash flow of $163 million Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its first quarter ended September 30, 2023 and released a shareholder letter available on Atlassian's Work Life blog at http://atlassian.com/blog/announcements/shareholder-letter-q1fy24. The shareholder letter was also posted to the Investor Relations secti
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its first quarter of fiscal year 2025 ended September 30, 2024 after market close on Thursday, October 31, 2024. Atlassian will host a conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareholder letter to the Investor Relations section of its website at https://investors.atlassian.com/. Webcast Details When: Thursday, October 31, 2024 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time). Webcast: A live webcast of the call can be
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its fourth quarter and fiscal year ended June 30, 2024 after market close on Thursday, August 1, 2024. Atlassian will host a webcast and conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareholder letter to the Investor Relations section of its website at https://investors.atlassian.com/. Webcast Details When: Thursday, August 1, 2024 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time). Webcast: A live webcast of the call can
Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its third quarter of fiscal year 2024 ended March 31, 2024 after market close on Thursday, April 25, 2024. Atlassian will host a webcast and conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareholder letter to the Investor Relations section of its website at https://investors.atlassian.com/. Webcast Details When: Thursday, April 25, 2024 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time). Webcast: A live webcast of the call
BMO Capital Markets reiterated coverage of Atlassian with a rating of Market Perform and set a new price target of $255.00 from $177.00 previously
KeyBanc Capital Markets upgraded Atlassian from Sector Weight to Overweight and set a new price target of $260.00
Raymond James upgraded Atlassian from Mkt Perform to Outperform and set a new price target of $200.00
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