Atlassian Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Atlassian stock have an average target of 228.81, with a low estimate of 185 and a high estimate of 275. The average target predicts an increase of 29.64% from the current stock price of 176.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$185	$228.81	$225	$275
Change	+4.82%	+29.64%	+27.48%	+55.81%

Analyst Ratings

The average analyst rating for Atlassian stock from 17 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	3	2	3	3	3	2
Buy	5	5	6	6	6	8
Hold	8	9	9	9	9	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	18	18	18	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Weiss Morgan Stanley	Morgan Stanley	Buy Maintains $245 → $225	Buy	Maintains	$245 → $225	+27.48%	Jul 17, 2024
Gregg Moskowitz Mizuho	Mizuho	Buy Maintains $225 → $220	Buy	Maintains	$225 → $220	+24.65%	Jul 16, 2024
Connor Murphy Capital One	Capital One	Hold → Buy Upgrades $211	Hold → Buy	Upgrades	$211	+19.55%	Jul 11, 2024
Rob Owens Piper Sandler	Piper Sandler	Hold → Buy Upgrades $200 → $225	Hold → Buy	Upgrades	$200 → $225	+27.48%	Jul 2, 2024
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $285 → $250	Buy	Maintains	$285 → $250	+41.64%	Jun 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.44B

from 3.53B

25.64%

from 3.53B

Revenue Next Year

5.27B

from 4.44B

18.55%

from 4.44B

EPS This Year

2.93

from -1.90

EPS Next Year

3.35

from 2.93

14.17%

from 2.93

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	1.21B	1.61B	2.09B	2.80B	3.53B	4.44B	5.27B	6.43B	7.97B	9.87B	11.70B
Revenue Growth	37.36%	33.39%	29.42%	34.16%	26.11%	25.64%	18.55%	22.17%	23.97%	23.78%	18.58%
EPS	-2.67	-1.43	-2.32	-2.05	-1.90	2.93	3.35	4.31	5.39	7.17	8.93
EPS Growth	-	-	-	-	-	-	14.17%	28.58%	25.01%	33.05%	24.56%
Forward PE	-	-	-	-	-	60.14	52.68	40.97	32.77	24.63	19.78
No. Analysts	-	-	-	-	-	31	31	27	5	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	4.6B	5.7B	7.1B	8.3B	10.4B	12.1B
Avg	4.4B	5.3B	6.4B	8.0B	9.9B	11.7B
Low	4.2B	4.9B	5.8B	7.5B	9.4B	11.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	30.5%	27.4%	34.5%	29.6%	30.5%	22.7%
Avg	25.6%	18.6%	22.2%	24.0%	23.8%	18.6%
Low	18.7%	10.3%	9.6%	16.1%	17.3%	13.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	3.33	4.73	6.44	5.88	7.78	9.19
Avg	2.93	3.35	4.31	5.39	7.17	8.93
Low	2.67	2.79	3.36	4.87	6.51	8.58

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	61.0%	92.1%	36.5%	44.5%	28.2%
Avg	-	14.2%	28.6%	25.0%	33.0%	24.6%
Low	-	-4.8%	0.3%	13.1%	20.8%	19.7%

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.