Atlassian Corporation (TEAM)
NASDAQ: TEAM · Real-Time Price · USD
160.98
-0.44 (-0.27%)
Oct 2, 2024, 11:13 AM EDT - Market open
Atlassian Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Atlassian stock have an average target of 216.65, with a low estimate of 160 and a high estimate of 265. The average target predicts an increase of 34.58% from the current stock price of 160.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Atlassian stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Buy | 6 | 6 | 9 | 7 | 7 | 8 |
| Hold | 9 | 9 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold → Buy Upgrades $200 | Hold → Buy | Upgrades | $200 | +24.24% | Oct 1, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $230 | Buy | Reiterates | $230 | +42.87% | Sep 23, 2024 |
| Barclays | Barclays | Buy Maintains $275 → $250 | Buy | Maintains | $275 → $250 | +55.30% | Aug 5, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $210 → $175 | Hold | Maintains | $210 → $175 | +8.71% | Aug 2, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $220 → $177 | Hold | Maintains | $220 → $177 | +9.95% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
5.17B
from 4.36B
Increased by 18.50%
Revenue Next Year
6.20B
from 5.17B
Increased by 20.02%
EPS This Year
3.22
from -1.16
EPS Next Year
4.09
from 3.22
Increased by 27.19%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.4B | 6.6B | 7.9B | ||
| Avg | 5.2B | 6.2B | 7.5B | ||
| Low | 4.9B | 5.7B | 6.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.4% | 28.0% | 28.1% | ||
| Avg | 18.5% | 20.0% | 21.6% | ||
| Low | 13.2% | 10.1% | 11.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.15 | 5.68 | 5.61 | ||
| Avg | 3.22 | 4.09 | 5.09 | ||
| Low | 2.24 | 2.97 | 4.49 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 76.6% | 37.1% | ||
| Avg | - | 27.2% | 24.4% | ||
| Low | - | -7.7% | 9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.