Analysts’ Weekly Ratings Changes for Atlassian (TEAM)

A number of research firms have changed their ratings and price targets for Atlassian (NASDAQ: TEAM):

• 5/11/2026 – Atlassian had its price target raised by Oppenheimer Holdings, Inc. from $100.00 to $110.00. They now have an “outperform” rating on the stock.
• 5/9/2026 – Atlassian was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/7/2026 – Atlassian had its price target raised by Barclays PLC from $106.00 to $112.00. They now have an “overweight” rating on the stock.
• 5/7/2026 – Atlassian had its price target raised by BTIG Research from $120.00 to $130.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Atlassian was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/1/2026 – Atlassian had its price target raised by TD Cowen from $85.00 to $105.00. They now have a “hold” rating on the stock.
• 5/1/2026 – Atlassian was given a new $120.00 price target by Robert W. Baird.
• 5/1/2026 – Atlassian had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $295.00 price target on the stock.
• 5/1/2026 – Atlassian had its price target raised by Truist Financial Corporation from $90.00 to $100.00. They now have a “buy” rating on the stock.
• 5/1/2026 – Atlassian had its price target raised by Cantor Fitzgerald from $98.00 to $107.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Atlassian was given a new $120.00 price target by BTIG Research. They now have a “buy” rating on the stock.
• 5/1/2026 – Atlassian was given a new $130.00 price target by Raymond James Financial, Inc..
• 5/1/2026 – Atlassian had its price target lowered by Citigroup Inc. from $160.00 to $110.00. They now have a “buy” rating on the stock.
• 5/1/2026 – Atlassian had its price target raised by Barclays PLC from $100.00 to $106.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Atlassian had its price target lowered by UBS Group AG from $105.00 to $95.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Atlassian had its price target lowered by Piper Sandler from $200.00 to $175.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Atlassian had its price target lowered by BMO Capital Markets from $130.00 to $105.00. They now have an “outperform” rating on the stock.
• 4/28/2026 – Atlassian had its price target lowered by BTIG Research from $140.00 to $110.00. They now have a “buy” rating on the stock.
• 4/27/2026 – Atlassian had its price target raised by Cantor Fitzgerald to $98.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Atlassian had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 4/20/2026 – Atlassian had its price target lowered by Barclays PLC from $165.00 to $100.00. They now have an “overweight” rating on the stock.
• 4/17/2026 – Atlassian was downgraded by Citigroup Inc. from “buy” to “mixed”.
• 4/17/2026 – Atlassian had its price target lowered by Oppenheimer Holdings, Inc. from $150.00 to $100.00. They now have an “outperform” rating on the stock.
• 4/16/2026 – Atlassian had its price target lowered by Morgan Stanley from $290.00 to $120.00. They now have an “overweight” rating on the stock.
• 4/16/2026 – Atlassian had its price target lowered by TD Cowen from $140.00 to $85.00. They now have a “hold” rating on the stock.
• 4/15/2026 – Atlassian was given a new $90.00 price target by Truist Financial Corporation.
• 4/15/2026 – Atlassian had its price target lowered by Canaccord Genuity Group Inc. from $185.00 to $150.00. They now have a “buy” rating on the stock.
• 4/14/2026 – Atlassian had its price target lowered by Mizuho from $185.00 to $145.00. They now have an “outperform” rating on the stock.
• 4/9/2026 – Atlassian was given a new $115.00 price target by Guggenheim.
• 4/6/2026 – Atlassian was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/1/2026 – Atlassian had its price target lowered by KeyCorp from $170.00 to $130.00. They now have an “overweight” rating on the stock.
• 3/23/2026 – Atlassian was upgraded by Wall Street Zen from “hold” to “buy”.

Insiders Place Their Bets

In other news, CTO Rajeev Bashyam Rajan sold 3,072 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $81.35, for a total value of $249,907.20. Following the transaction, the chief technology officer owned 212,916 shares of the company’s stock, valued at $17,320,716.60. This represents a 1.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Joseph Leo Binz sold 1,653 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $81.35, for a total transaction of $134,471.55. Following the completion of the transaction, the chief financial officer directly owned 208,639 shares in the company, valued at $16,972,782.65. The trade was a 0.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,013 shares of company stock worth $489,158 in the last three months. 36.66% of the stock is currently owned by corporate insiders.

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.