Atlassian (NASDAQ:TEAM) Given New $205.00 Price Target at Mizuho

Atlassian (NASDAQ:TEAM) had its target price decreased by Mizuho from $225.00 to $205.00 in a research report sent to investors on Friday, MarketBeat.com reports. Mizuho currently has an outperform rating on the technology company’s stock.

Other equities analysts have also issued research reports about the stock. Piper Sandler reaffirmed an “overweight” rating on shares of Atlassian in a research report on Tuesday, January 13th. UBS Group restated a “neutral” rating and set a $105.00 price objective on shares of Atlassian in a report on Friday. BMO Capital Markets cut their target price on Atlassian from $195.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday. The Goldman Sachs Group reissued a “buy” rating and set a $260.00 price target on shares of Atlassian in a research report on Friday, October 31st. Finally, Robert W. Baird cut their price objective on Atlassian from $230.00 to $170.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Atlassian currently has an average rating of “Moderate Buy” and a consensus target price of $191.32.

Atlassian Trading Down 3.7%

Shares of Atlassian stock opened at $94.72 on Friday. Atlassian has a fifty-two week low of $92.32 and a fifty-two week high of $326.00. The business’s fifty day moving average is $144.50 and its two-hundred day moving average is $158.46. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. The firm has a market cap of $24.92 billion, a PE ratio of -131.55, a P/E/G ratio of 15.24 and a beta of 0.88.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.10. Atlassian had a negative return on equity of 6.60% and a negative net margin of 3.29%.The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the business earned $0.96 earnings per share. The business’s revenue for the quarter was up 23.3% on a year-over-year basis. Analysts anticipate that Atlassian will post -0.34 earnings per share for the current year.

Insider Activity at Atlassian

In related news, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $94.81, for a total transaction of $726,718.65. Following the completion of the sale, the director directly owned 275,940 shares of the company’s stock, valued at approximately $26,161,871.40. This trade represents a 2.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $94.81, for a total transaction of $726,718.65. Following the completion of the transaction, the chief executive officer owned 275,940 shares in the company, valued at $26,161,871.40. This represents a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 566,379 shares of company stock valued at $82,730,694 in the last ninety days. 36.66% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in Atlassian by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 18,541,267 shares of the technology company’s stock worth $3,006,281,000 after purchasing an additional 61,706 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of Atlassian by 3.9% during the fourth quarter. Baillie Gifford & Co. now owns 8,431,802 shares of the technology company’s stock worth $1,367,132,000 after buying an additional 316,276 shares in the last quarter. DNB Asset Management AS raised its holdings in Atlassian by 42.2% in the fourth quarter. DNB Asset Management AS now owns 3,990,216 shares of the technology company’s stock valued at $646,974,000 after acquiring an additional 1,183,328 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in Atlassian by 38.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 3,950,852 shares of the technology company’s stock valued at $640,628,000 after acquiring an additional 1,090,787 shares during the last quarter. Finally, Artisan Partners Limited Partnership grew its holdings in Atlassian by 66.3% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,878,133 shares of the technology company’s stock worth $787,610,000 after acquiring an additional 1,545,546 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

Trending Headlines about Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Q2 beat — Atlassian reported $1.22 EPS vs. $1.12 expected and revenue of $1.59B (vs. $1.54B est.), with revenue up ~23% y/y, a near-term fundamental positive for growth momentum. Atlassian Q2 Earnings Surpass Expectations
• Positive Sentiment: Management raised its fiscal 2026 revenue forecast, citing resilient enterprise spending and accelerating AI adoption — supports the company’s multi-quarter revenue outlook. Atlassian Raises Annual Revenue Forecast (Reuters)
• Positive Sentiment: Company targets 20%+ annual revenue growth through FY27 and cites record cloud revenue and AI integrations — a constructive strategic signal if execution continues. Seeking Alpha: Growth Target
• Positive Sentiment: Unusual options activity — a spike to ~14,021 calls purchased (≈51% above normal), which can indicate tactical bullish positioning by traders.
• Neutral Sentiment: Analysts trimmed price targets but kept favorable ratings (Morgan Stanley, Mizuho, BTIG among others) — reduces near-term implied upside but preserves buy/overweight bias. Benzinga: Analyst Target Changes
• Negative Sentiment: Insider selling — directors/co‑founders disclosed multiple recent sales (7,665 shares each), a visible negative for investor sentiment and a factor pressuring the stock. SEC Filing: Insider Sales
• Negative Sentiment: Cantor Fitzgerald and some other brokers cut price targets sharply (e.g., Cantor to $146), and sector-wide AI fears are amplifying downside pressure. Cantor Fitzgerald Target Cut
• Negative Sentiment: Market reaction: coverage notes shares dipped despite the beat as investors worry cloud growth may slow and AI competition/feature rollouts elsewhere increase volatility. Investing.com: Shares Dip

Atlassian Company Profile

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.