Atlassian (TEAM) Tops Q2 EPS by 10c, Offers Guidance

Go back to Atlassian (TEAM) Tops Q2 EPS by 10c, Offers Guidance

Atlassian Corporation (TEAM) PT Raised to $250 at FBN Securities

February 2, 2024 1:42 PM EST

FBN Securities analyst Shebly Seyrafi raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $250.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "We retain our Outperform rating on TEAM and raise our PT from $210 to $250 fol l owing... More

Atlassian (TEAM) shares fall 7% as analyst says outlook was 'cloudy'

February 1, 2024 4:41 PM EST

(Updated - February 2, 2024 8:07 AM EST)

Atlassian (NASDAQ: TEAM) reported better-than-expected fiscal second-quarter earnings and revenue.

However, shares fell more than 7% in pre-market Friday after the company offered outlook, that Truist analyst Joel Fishbein said looks "cloudy."

Earnings per share (EPS) in Q2 came in at $0.73, topping the consensus estimates of $0.63. Revenue came in... More