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

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

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 Corporation (TEAM) PT Raised to $260 at Canaccord Genuity

Canaccord Genuity analyst David Hynes Jr. raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $260.00 (from $240.00) while maintaining a Buy rating.... More

Atlassian Corporation (TEAM) PT Raised to $225 at Piper Sandler

Piper Sandler analyst James Fish raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $225.00 (from $220.00) while maintaining a Neutral rating.... More

Atlassian Corporation (TEAM) PT Raised to $255 at BMO Capital

BMO Capital analyst Keith Bachman raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $255.00 (from $190.00) while maintaining a Market Perform rating.... More

Atlassian Corporation (TEAM) PT Raised to $270 at Baird

Baird analyst Rob Oliver raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $270.00 (from $250.00) while maintaining a Outperform rating.... More

Atlassian Corporation (TEAM) PT Lowered to $250 at UBS

UBS analyst Karl Keirstead lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $250.00 (from $260.00) while maintaining a Neutral rating.... More

Atlassian Corporation (TEAM) PT Raised to $265 at Wolfe Research

Wolfe Research analyst Alex Zukin raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $265.00 (from $260.00) while maintaining a Outperform rating.... More

Atlassian Corporation (TEAM) PT Raised to $215 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $215.00 (from $188.00) while maintaining a Neutral rating.... More

Atlassian Corporation (TEAM) PT Lowered to $235 at Barclays

Barclays analyst Ryan MacWilliams lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $235.00 (from $250.00) while maintaining a Equalweight rating.... More

Atlassian second-quarter revenue, profit beat estimates

(Reuters) - Enterprise software maker Atlassian beat second-quarter revenue estimates on Thursday, driven by a surge in demand for its artificial intelligence products.

Atlassian's revenue rose 21% to $1.06 billion in the three months to Dec. 31, compared with analysts' average estimate of $1.02 billion, according to LSEG data.

As businesses... More

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

Atlassian (NASDAQ: TEAM) reported Q2 EPS of $0.73, $0.10 better than the analyst estimate of $0.63. Revenue for the quarter came in at $1.06 million versus the consensus estimate of $1.02 billion.

GUIDANCE:

Atlassian sees Q3 2024 revenue of $1.09-1.11 billion, versus the consensus... More