Atlassian Corporation (TEAM)
NASDAQ: TEAM · Real-Time Price · USD
193.87
+1.04 (0.54%)
Oct 22, 2024, 4:00 PM EDT - Market closed

Atlassian Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Atlassian stock have an average target of 212.47, with a low estimate of 160 and a high estimate of 265. The average target predicts an increase of 9.59% from the current stock price of 193.87.

Analyst Consensus: Buy
Target Low Average Median High
Price $160 $212.47 $211 $265
Change -17.47% +9.59% +8.84% +36.69%

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 332333
Buy 669778
Hold 997777
Sell 000000
Strong Sell 000000
Total 181818171718

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$180$205
Hold Maintains $180$205 +5.74% Oct 22, 2024
Mizuho
Mizuho
Buy
Maintains
$190$200
Buy Maintains $190$200 +3.16% Oct 17, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$216$224
Buy Maintains $216$224 +15.54% Oct 11, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$200$225
Strong Buy Maintains $200$225 +16.06% Oct 10, 2024
Raymond James
Raymond James
Buy
Upgrades
$200
Buy Upgrades $200 +3.16% Oct 1, 2024
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
1.61B2.09B2.80B3.53B4.36B5.17B6.20B7.54B
Revenue Growth
33.39%29.42%34.16%26.11%23.31%18.50%20.02%21.57%
EPS
-1.43-2.32-2.05-1.90-1.163.224.095.09
EPS Growth
------27.19%24.45%
Forward PE
-----60.2947.4038.09
No. Analysts -----313111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High
24.4%
28.0%
28.1%
Avg
18.5%
20.0%
21.6%
Low
13.2%
10.1%
11.9%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.