Atlassian Corporation (TEAM)
NASDAQ: TEAM · Real-Time Price · USD
245.45
-2.28 (-0.92%)
At close: Nov 20, 2024, 4:00 PM
244.00
-1.45 (-0.59%)
After-hours: Nov 20, 2024, 7:59 PM EST
Atlassian Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Atlassian stock have an average target of 244.21, with a low estimate of 200 and a high estimate of 300. The average target predicts a decrease of -0.51% from the current stock price of 245.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Atlassian stock from 19 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 3 | 3 | 3 | 4 |
| Buy | 6 | 9 | 7 | 7 | 8 | 9 |
| Hold | 9 | 7 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 17 | 17 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $280 → $300 | Strong Buy | Maintains | $280 → $300 | +22.22% | Nov 14, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $250 → $300 | Buy | Maintains | $250 → $300 | +22.22% | Nov 1, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $260 | Hold → Buy | Upgrades | $260 | +5.93% | Nov 1, 2024 |
| Raymond James | Raymond James | Buy Maintains $200 → $250 | Buy | Maintains | $200 → $250 | +1.85% | Nov 1, 2024 |
| Mizuho | Mizuho | Buy Maintains $200 → $240 | Buy | Maintains | $200 → $240 | -2.22% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
5.20B
from 4.36B
Increased by 19.30%
Revenue Next Year
6.23B
from 5.20B
Increased by 19.88%
EPS This Year
3.35
from -1.16
EPS Next Year
4.20
from 3.35
Increased by 25.24%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.4B | 6.7B | 8.0B | ||
| Avg | 5.2B | 6.2B | 7.5B | ||
| Low | 5.0B | 5.7B | 6.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.6% | 28.7% | 28.7% | ||
| Avg | 19.3% | 19.9% | 19.7% | ||
| Low | 14.2% | 10.0% | 4.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.15 | 5.68 | 6.43 | ||
| Avg | 3.35 | 4.20 | 5.22 | ||
| Low | 2.97 | 3.59 | 4.11 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 69.6% | 53.2% | ||
| Avg | - | 25.2% | 24.5% | ||
| Low | - | 7.1% | -2.1% |
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.