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 Q3 regulatory filings by fund managers ($100M+ AUM)
9% less call options, than puts
Call options by funds: $382M | Put options by funds: $422M
3.66% less ownership
Funds ownership: 89.68% [Q2] → 86.01% (-3.66%) [Q3]
5% less funds holding
Funds holding: 689 [Q2] → 657 (-32) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 15 [Q2] → 13 (-2) [Q3]
13% less capital invested
Capital invested by funds: $25.2B [Q2] → $21.9B (-$3.37B) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 269
21% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 117
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Citigroup Fatima Boolani 63% 1-year accuracy 19 / 30 met price target | 17%upside $300 | Buy Maintained | 17 Jan 2025 |
Morgan Stanley Keith Weiss 67% 1-year accuracy 18 / 27 met price target | 23%upside $315 | Overweight Maintained | 16 Jan 2025 |
Cantor Fitzgerald Thomas Blakey 78% 1-year accuracy 25 / 32 met price target | 3%upside $264 | Neutral Initiated | 16 Jan 2025 |
BMO Capital Keith Bachman 76% 1-year accuracy 44 / 58 met price target | 14%upside $292 | Outperform Upgraded | 10 Jan 2025 |
Truist Securities Joel Fishbein 68% 1-year accuracy 51 / 75 met price target | 17%upside $300 | Buy Upgraded | 7 Jan 2025 |
Financial journalist opinion
Based on 5 articles about TEAM published over the past 30 days
