Atlassian (TEAM) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

$1.87

Estimate

$1.50

Surprise

+24.5%

Score at report (before → after)

6.6 → 6.5/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Atlassian (TEAM) beat the $1.50 estimate with adjusted EPS of $1.87 — a large 24.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.6/10) to Hold at 6.5/10 after the report — the engine's score fell despite the beat.

TrendMatrix currently rates TEAM Sell at 6.0/10.

4 of the last 4 quarters beat the estimate; this quarter's +24.5% surprise compares with a +21.3% four-quarter average. Next scheduled report: 2026-11-05.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$193.98

Price target

$223.08

Stop

$180.40

Upside to target

+15.0%

Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Software - Application

Market cap

$49.78B

P/E (fwd)

29.2

52-week range

$56.01–$200.00

Off 52-week high

3.0%

RSI (14)

53

Volume vs avg

0.65×

Score today

6.0/10