
Atlassian (TEAM) Stock Forecast & Price Target
Atlassian (TEAM) Analyst Ratings
Bulls say
Atlassian's positive outlook is supported by a projected revenue growth boost driven by a significant 20% increase in Data Center revenue and a strong emphasis on Cloud migration, which is expected to enhance overall cloud revenue. The company's recent acquisitions are anticipated to solidify its platform value, fostering greater AI adoption and enabling new consumption-based pricing strategies, further contributing to financial growth. Additionally, the company's ability to generate substantial free cash flow indicates its capacity for investment and scaling, making it well-positioned to capitalize on market opportunities moving forward.
Bears say
Atlassian's stock faces a negative outlook due to several key factors, including a weak Price Momentum style exposure that indicates historically poor medium to long-term returns, which may persist. Additionally, the company is experiencing potential downside risks from a premium EV/revenue multiple that could decline, as well as faster-than-expected deceleration in subscription revenue and increasing competition from major players like Microsoft and ServiceNow. Furthermore, Atlassian has reduced its full-year guidance amid macroeconomic challenges and the dilution effect expected from its acquisition of The Browser Company, raising concerns over future profitability and growth.
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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