
Atlassian (TEAM) Stock Forecast & Price Target
Atlassian (TEAM) Analyst Ratings
Bulls say
Atlassian's financial outlook remains positive, primarily driven by a projected growth in Data Center revenue of approximately 20% year-over-year and the anticipated benefits of the Data Center end-of-life revenue recognition, which is expected to contribute around 11.5 percentage points to overall growth. The company has also demonstrated solid performance in the cloud segment, achieving a $27 million revenue beat in the first quarter and indicating potential for significant upside due to conservative guidance. Lastly, the recent acquisitions are expected to enhance Atlassian's platform value and facilitate greater artificial intelligence integration, further supporting revenue growth through new consumption-based pricing models.
Bears say
Atlassian's stock is facing a negative outlook largely due to its weak price momentum, indicating a history of poor medium to long-term returns that could persist. Key risks include a potential decline in its premium EV/revenue multiple, faster-than-expected subscription revenue deceleration, and increasing competition from major players like Microsoft and ServiceNow, which may hinder growth prospects. Additionally, the company has reduced its full-year guidance, citing macroeconomic challenges and concerns regarding the impact of AI technologies on the demand for its software solutions, which poses significant long-term risks.
This aggregate rating is based on analysts' research of Atlassian and is not a guaranteed prediction by Public.com or investment advice.
Atlassian (TEAM) Analyst Forecast & Price Prediction
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