Atlassian Announces First Quarter Fiscal Year 2022 Results

Atlassian Corporation (TEAM) PT Raised to $380 at Cowen

Cowen analyst Derrick Wood raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $380.00 (from $360.00) while maintaining a Market Perform rating.

The analyst commented, "TEAM reported 1Q billings growth of 30%, above our/Street ests of 28%/22%, though the 6% $ upside vs. Street was... More

Atlassian (TEAM) Stock Soars After Topping FQ1 Views and Revenue Guidance, Analysts Raise Price Targets

Shares of Atlassian (NASDAQ: TEAM) are up almost 8% in pre-open Friday after the company reported better-than-expected FQ1 results.

Atlassian reported a Q1 EPS of $0.46 to beat the analyst estimate of $0.40. Revenue for the quarter came in at $614 million versus the consensus estimate of $582.32 million.

We continue to deliver value to our customers and innovate across all three of our core markets. One example were most proud of is Jira Service Management being named the sole visionary in Gartners 2021 Magic Quadrant... More

Atlassian Corporation (TEAM) PT Raised to $525 at Mizuho Securities

Mizuho Securities analyst Greg Moskowitz raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $525.00 (from $440.00) while maintaining a Buy rating.

The analyst comments "TEAM reported very strong F1Q results, with significantly accelerating subscription revenue growth and robust customer adds. And... More

Atlassian (TEAM) Tops Q1 EPS by 6c

Atlassian (NASDAQ: TEAM) reported Q1 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $614 million versus the consensus estimate of $582.32 million.

GUIDANCE:

Atlassian sees Q2 2022 EPS of $0.35-$0.38, versus the consensus of $0.44. Atlassian sees Q2... More