Atlassian Corporation (TEAM) Stock Analysis
Range Bound setup
Technology · Software - Application
Hold if already holding. Not a fresh buy at $88.10, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.4): -0.5; Negative momentum.
Atlassian makes team collaboration software—Jira, Confluence, Loom, and Jira Service Management—used by more than 300,000 customers including over 80% of the Fortune 500 across 200+ countries. Revenue comes from cloud subscriptions and Data Center licenses via a self-service... Read more
Hold if already holding. Not a fresh buy at $88.10, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.4): -0.5; Negative momentum. Chart setup: RSI 49 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Score 6.2/10, moderate confidence.
Passes 6/9 gates (favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA) and 8k serious 2.05. Suitability: moderate.
About Atlassian Corporation
About Atlassian Corporation
Atlassian's team collaboration portfolio—Jira, Confluence, Loom, Jira Service Management, and Rovo—serves more than 300,000 customers in over 200 countries, including over 80% of the Fortune 500. The company employs 13,813 people, with over 50% engaged in research and development, and directed 51% of revenue to R&D in fiscal 2025, versus 50% in fiscal 2024.
Atlassian's revenue model is subscription-based, with cloud offerings as the primary commercial tier and Data Center as a self-managed alternative for enterprises with strict data-isolation requirements. New customers enter through a self-service flywheel, after which a direct sales force deepens enterprise relationships. The company is integrating Rovo—comprising Search, Chat, and Studio apps—into premium and enterprise editions of Jira, Confluence, and Jira Service Management at no incremental cost, an approach intended to convert platform breadth into seat expansion. Named competitors span from large technology vendors across project management, service desk, and developer tools to smaller point-solution companies. Cloud hosting costs are higher than Data Center, and initial-year cloud revenue is lower than Data Center revenue, both of which may pressure near-term margins.
Show full overview
Atlassian is migrating its customer base from Server (discontinued) and Data Center to its cloud platform, a transition that introduces ongoing margin pressure from higher hosting costs. In March 2026, Atlassian disclosed via Form 8-K a restructuring eliminating approximately 10% of its workforce, with estimated charges of $225 million to $236 million—of which $169 million to $174 million relates to cash severance and $56 million to $62 million to office space reductions—citing a goal of reallocating resources toward AI capabilities and enterprise sales.
See also: Technology · Software - Application
From Atlassian Corporation's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-06-17Recent Developments — Atlassian Corporation
Latest news
- NEWS Earnings To Watch: Atlassian (TEAM) Reports Q1 Results Tomorrow - StockStory — StockStory neutral
- NEWS BTIG Lowers Atlassian Price Target to $110: Is the Cloud Transition Story Losing Steam? - AOL.com — AOL.com negative
- NEWS Is Atlassian’s (TEAM) AI-Powered Confluence Shift Reframing Its Long-Term Competitive Moat? - Sahm — Sahm neutral
- NEWS Three Stock Trades That an Indy 500 Team Would Approve Of - TheStreet Pro — TheStreet Pro positive
- NEWS Atlassian: The Market Is Reacting To Fear Rather Than Real Data (NASDAQ:TEAM) - Seeking Alpha — Seeking Alpha positive
Generated 2026-06-17T09:02:28Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-03-11Item 2.05MEDIUMAtlassian announced restructuring eliminating approximately 10% of workforce. Estimated charges of $225M–$236M: $169M–$174M cash severance/benefits, $56M–$62M office space exit charges. Actions intended to rebalance toward AI and enterprise sales.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $88.10, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 1.4): -0.5; Negative momentum. Chart setup: RSI 49 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Target $133.13 (+51.1%), stop $81.79 (−7.7%), A.R:R 3.4:1. Score 6.2/10, moderate confidence.
Take-profit target: $133.13 (+51.4% upside). Target $133.13 (+51.1%), stop $81.79 (−7.7%), A.R:R 3.4:1. Stop-loss: $81.79.
Leverage penalty (D/E 1.4): -0.5; Negative momentum; Below 200-MA, MA slope -9.8%/30d (confirmed downtrend).
Atlassian Corporation trades at a P/E of N/A (forward 14.7). TrendMatrix value score: 8.3/10. Verdict: Hold.
39 analysts cover TEAM with a consensus score of 4.1/5. Average price target: $145.
What does Atlassian Corporation do?Atlassian makes team collaboration software—Jira, Confluence, Loom, and Jira Service Management—used by more than...
Atlassian makes team collaboration software—Jira, Confluence, Loom, and Jira Service Management—used by more than 300,000 customers including over 80% of the Fortune 500 across 200+ countries. Revenue comes from cloud subscriptions and Data Center licenses via a self-service plus enterprise sales model, with 13,813 employees and R&D consuming 51% of revenue in FY2025.