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TEAMAtlassian CorporationHold6.1·$171.47-1.97%

Atlassian (TEAM) Q2 2026 earnings — TrendMatrix coverage

BEAT+24.5% vs estimateEPS $1.87 vs $1.50 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$1.87
Estimate
$1.50
Surprise
+24.5%
Score at report (before → after)
6.66.5/10

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.

Report record · Q2 2026

How the report landed

Atlassian (TEAM) beat the $1.50 estimate with diluted 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.

Current read · as of 2026-08-23

Where TrendMatrix's rating stands now

TrendMatrix currently rates TEAM Hold at 6.1/10.

4 of the last 4 quarters beat the estimate; this quarter's +24.5% surprise compares with a +21.6% four-quarter average. Next scheduled report: 2026-10-29.

What supports the rating

  • Strong earnings beat streak (4/4)
  • Strong growth profile

What argues against it

  • Analyst target reached - limited upside remaining
  • Leverage penalty (D/E 1.2): -0.5
  • Overbought (RSI 86)

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 engine read

The levels TrendMatrix's engine tracks

Current price
$171.47
Price target
$172.90
Stop
$159.78
Upside to target
+0.8%
Reward-to-risk
0.0:1

Risk check: RSI 86 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Technology context

TEAM at TrendMatrix's latest read

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
$43.49B
P/E (fwd)
25.5
52-week range
$56.01$184.00
Off 52-week high
6.8%
RSI (14)
86
Volume vs avg
0.57×
Score today
6.1/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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