AtlassianTEAM
About: Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Employees: 12,157
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
227% more first-time investments, than exits
New positions opened: 180 | Existing positions closed: 55
61% more capital invested
Capital invested by funds: $21.9B [Q3] → $35.1B (+$13.2B) [Q4]
23% more funds holding in top 10
Funds holding in top 10: 13 [Q3] → 16 (+3) [Q4]
15% more funds holding
Funds holding: 658 [Q3] → 759 (+101) [Q4]
2.99% more ownership
Funds ownership: 86.02% [Q3] → 89.01% (+2.99%) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 254
7% less call options, than puts
Call options by funds: $955M | Put options by funds: $1.03B
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Macquarie Steve Koenig 33% 1-year accuracy 2 / 6 met price target | 11%upside $317 | Neutral Maintained | 7 Feb 2025 |
Goldman Sachs Kash Rangan 55% 1-year accuracy 16 / 29 met price target | 29%upside $370 | Buy Maintained | 3 Feb 2025 |
Barclays Ryan Macwilliams 58% 1-year accuracy 14 / 24 met price target | 22%upside $350 | Overweight Maintained | 3 Feb 2025 |
UBS Karl Keirstead 75% 1-year accuracy 12 / 16 met price target | 15%upside $330 | Neutral Maintained | 31 Jan 2025 |
Oppenheimer Ittai Kidron 77% 1-year accuracy 37 / 48 met price target | 33%upside $380 | Outperform Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 37 articles about TEAM published over the past 30 days
