Atlassian Corporation (TEAM) AI Stock Analysis

Atlassian Corporation designs, develops, licenses, and maintains software products that support team collaboration and project management. Headquartered in Sydney, Australia, the company provides Jira Software and Jira Work Management for project workflow execution, along with Jira Service Management for IT and cross-department service requests. Its enterprise solutions include Jira Align for strategic project mapping and Opsgenie for IT incident response. Atlassian also offers Confluence for team content collaboration, Trello for flexible task management, Bitbucket for code management, and Atlassian Access for enterprise security and administration.

Revenue expanded from $2.80B in FY2022 to $6.57B in FY2026, marking a 5-year CAGR of 25.8% and a 26.0% year-over-year increase in FY2026. Gross margin rose to 84.8% in FY2026, up from 82.8% in FY2025. Operating margin turned positive at 0.2% in FY2026 compared to -2.5% in FY2025. Annual net losses shrank from -$519.5M in FY2022 to -$53.8M in FY2026, bringing the net margin to -0.8%. In the latest quarter ending June 30, 2026, quarterly revenue growth reached 27.6% year-over-year, while quarterly earnings growth increased by 172.2%.

As of June 30, 2026, Atlassian held $1.24B in cash and short-term investments against $1.23B in total debt, resulting in net cash of $6.6M. The company's current ratio stood at 0.78, while debt-to-equity was 1.16 with shareholders' equity of $1.06B. In FY2026, operating cash flow reached $1.35B and capital expenditures were $34.1M, generating $1.32B in free cash flow. Capital allocation in FY2026 was highlighted by $1.80B spent on share buybacks.

Atlassian trades at a market capitalization of $52.61B and an enterprise value of $49.38B. The stock's forward P/E of 36.2x and price-to-sales of 8.0x represent substantial premiums over the median of its US-listed Technology peers, which stand at 18.8x and 2.8x, respectively. Its EV-to-EBITDA is 232.7x, compared to the peer median of 16.6x. Over the past year, Atlassian stock returned 38.4%, outpacing the S&P 500's return of 16.8%, though its 5-year return of -49.3% lagged the index's 83.0% gain.

Wall Street sentiment is predominantly bullish, with 21 Strong Buy, 6 Buy, and 6 Hold ratings, and zero Sell recommendations. The mean price target of $212.01 suggests a 2.0% upside compared to the last close of $207.82 on October 16, 2026. For the fiscal year ending June 30, 2027, analysts project revenue of $7.47B and EPS of $5.44. Atlassian beat EPS expectations in each of the last 4 quarters, with its next earnings announcement scheduled for November 5, 2026.

This page is an AI-written research summary of Atlassian Corporation (TEAM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: TEAM income statement, TEAM balance sheet, TEAM key metrics, TEAM analyst forecast, TEAM chart. See the TEAM stock overview for the latest quote and news.