Piper Sandler Forecasts Strong Price Appreciation for Atlassian (NASDAQ:TEAM) Stock

Atlassian (NASDAQ:TEAM) had its target price lifted by investment analysts at Piper Sandler from $175.00 to $190.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. Piper Sandler‘s price target points to a potential upside of 3.66% from the company’s current price.

Several other equities research analysts have also commented on TEAM. Cantor Fitzgerald boosted their price objective on shares of Atlassian from $220.00 to $252.00 and gave the stock an “overweight” rating in a research note on Monday. Raymond James Financial set a $180.00 target price on shares of Atlassian in a research note on Friday, August 7th. Robert W. Baird lifted their target price on shares of Atlassian from $200.00 to $245.00 and gave the company an “outperform” rating in a report on Monday, September 28th. Mizuho lifted their target price on shares of Atlassian from $215.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $200.00 price target on shares of Atlassian in a research report on Friday, August 7th. Twenty-four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Atlassian presently has a consensus rating of “Moderate Buy” and an average price target of $217.56.

Atlassian Stock Performance

Shares of TEAM stock opened at $183.29 on Friday. Atlassian has a 12 month low of $56.01 and a 12 month high of $229.96. The stock has a market cap of $46.40 billion, a PE ratio of 189.88, a price-to-earnings-growth ratio of 20.25 and a beta of 1.16. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.93. The company’s fifty day moving average price is $196.69 and its 200-day moving average price is $119.39.

Atlassian (NASDAQ:TEAM) last released its earnings results on Thursday, November 5th. The technology company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.26. The firm had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.04 EPS. On average, equities analysts expect that Atlassian will post 0.69 EPS for the current fiscal year.

Insider Transactions at Atlassian

In related news, CFO James Chuong sold 9,054 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $172.45, for a total transaction of $1,561,362.30. Following the completion of the sale, the chief financial officer owned 279,218 shares of the company’s stock, valued at $48,151,144.10. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Gene Liu sold 1,125 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $175.00, for a total transaction of $196,875.00. Following the completion of the transaction, the chief accounting officer owned 56,807 shares of the company’s stock, valued at approximately $9,941,225. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 22,475 shares of company stock worth $3,822,643. Corporate insiders own 37.63% of the company’s stock.

Institutional Trading of Atlassian

A number of institutional investors and hedge funds have recently modified their holdings of TEAM. Fortitude Family Office LLC lifted its holdings in shares of Atlassian by 23.0% during the third quarter. Fortitude Family Office LLC now owns 289 shares of the technology company’s stock valued at $52,000 after purchasing an additional 54 shares in the last quarter. Activest Wealth Management increased its holdings in Atlassian by 372.4% in the 3rd quarter. Activest Wealth Management now owns 137 shares of the technology company’s stock worth $25,000 after buying an additional 108 shares in the last quarter. Parallel Advisors LLC increased its holdings in Atlassian by 3.0% in the 3rd quarter. Parallel Advisors LLC now owns 3,851 shares of the technology company’s stock worth $690,000 after buying an additional 112 shares in the last quarter. Greenleaf Trust increased its holdings in Atlassian by 3.7% in the 3rd quarter. Greenleaf Trust now owns 3,225 shares of the technology company’s stock worth $578,000 after buying an additional 114 shares in the last quarter. Finally, Frank Rimerman Advisors LLC raised its position in Atlassian by 3.7% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 3,228 shares of the technology company’s stock worth $579,000 after buying an additional 115 shares during the last quarter. Institutional investors own 94.45% of the company’s stock.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Fiscal Q1 revenue rose 23.7% year over year to $1.77 billion, topping the $1.71 billion consensus, while EPS of $1.65 beat estimates of $1.39. Atlassian also reported remaining performance obligations up 44% and Teamwork Collection customers up sevenfold year over year. Atlassian Q1 FY2027 results
• Neutral Sentiment: Coverage highlighted Atlassian’s new AI context metrics, as the company seeks to demonstrate AI product value beyond traditional seat-based measures. One assessment described the stock as potentially fairly valued, suggesting limited room for a rerating without further evidence of AI-driven growth. Atlassian stock valuation and AI context metrics
• Negative Sentiment: Despite beating quarterly estimates—and reports that guidance exceeded consensus—the market reaction was sharply negative. Coverage pointed to concerns that the growth outlook did not satisfy investor expectations, highlighting the risk of a high-expectations valuation. Atlassian Q1 2027: strong beat, but growth guide concerns

Atlassian Company Profile

Atlassian Corporation develops collaboration, project-management and workflow software for technology, business and service teams. Its products are designed to help organizations plan projects, manage software development, coordinate work and share knowledge across departments.

Its product portfolio includes Jira for project and issue tracking, Confluence for team collaboration and knowledge management, Jira Service Management for IT and enterprise service workflows, Trello for organizing tasks and projects, Loom for video messaging and screen recording, and Bitbucket for source-code management and collaboration.