Atlassian Corporation (TEAM)
NASDAQ: TEAM · IEX Real-Time Price · USD
178.92
-4.25 (-2.32%)
At close: Jul 17, 2024, 4:00 PM
179.16
+0.24 (0.13%)
After-hours: Jul 17, 2024, 7:51 PM EDT

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 27.88% from the current stock price of 178.92.

Analyst Consensus: Buy
Target Low Average Median High
Price $185 $228.81 $225 $275
Change +3.40% +27.88% +25.75% +53.70%

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 323332
Buy 556668
Hold 899997
Sell 000000
Strong Sell 000000
Total 161618181817

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$245$225
Buy Maintains $245$225 +25.75% Jul 17, 2024
Mizuho
Mizuho
Buy
Maintains
$225$220
Buy Maintains $225$220 +22.96% Jul 16, 2024
Capital One
Capital One
Buy
Upgrades
$211
Buy Upgrades $211 +17.93% Jul 11, 2024
Piper Sandler
Piper Sandler
Buy
Upgrades
$200$225
Buy Upgrades $200$225 +25.75% Jul 2, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$285$250
Buy Maintains $285$250 +39.73% Jun 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.44B
from 3.53B
Increased by 25.64%
Revenue Next Year
5.27B
from 4.44B
Increased by 18.55%
EPS This Year
2.93
from -1.90
EPS Next Year
3.35
from 2.93
Increased by 14.17%
Year 20192020202120222023202420252026202720282029
Revenue
1.21B1.61B2.09B2.80B3.53B4.44B5.27B6.43B7.97B9.87B11.70B
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
-2.67-1.43-2.32-2.05-1.902.933.354.315.397.178.93
EPS Growth
------14.17%28.58%25.01%33.05%24.56%
Forward PE
-----60.9753.4041.5333.2224.9720.05
No. Analysts -----313127543
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
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 202420252026202720282029
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 202420252026202720282029
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 202420252026202720282029
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.