Atlassian Corporation [TEAM] stock is trading at $254.25, up 1.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TEAM shares have gain 3.99% over the last week, with a monthly amount drifted -8.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atlassian Corporation [NASDAQ: TEAM] stock has seen the most recent analyst activity on January 10, 2025, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $292 from $255. Previously, Truist upgraded its rating to Buy on January 07, 2025, and elevated its price target to $300. On December 12, 2024, Macquarie initiated with a Neutral rating and assigned a price target of $290 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $260 on November 01, 2024. BMO Capital Markets reiterated its recommendation of a Market Perform and raised its price target to $255 on November 01, 2024. Raymond James upgraded its rating to Outperform for this stock on October 01, 2024, but kept the price target unchanged to $200. In a note dated August 02, 2024, Goldman upgraded an Buy rating on this stock and boosted its target price from $200 to $230.
Atlassian Corporation [TEAM] stock has fluctuated between $135.29 and $287.97 over the past year. Currently, Wall Street analysts expect the stock to reach $236.08 within the next 12 months. Atlassian Corporation [NASDAQ: TEAM] shares were valued at $254.25 at the most recent close of the market. An investor can expect a potential drop of -7.15% based on the average TEAM price forecast.
Analyzing the TEAM fundamentals
Atlassian Corporation [NASDAQ:TEAM] reported sales of 4.57B for the trailing twelve months, which represents a growth of 21.48%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.38 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 252.42 points at the first support level, and at 250.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 256.20, and for the 2nd resistance point, it is at 258.15.
Ratios To Look Out For
For context, Atlassian Corporation’s Current Ratio is 1.18. In addition, the Quick Ratio stands at 1.18 and the Cash Ratio stands at 0.84. Considering the valuation of this stock, the price to sales ratio is 14.55, the price to book ratio is 64.43.
Transactions by insiders
Recent insider trading involved Cannon-Brookes Michael, CEO, Co-Founder, that happened on Jan 15 ’25 when 7948.0 shares were sold. Director, Farquhar Scott completed a deal on Jan 15 ’25 to sell 7948.0 shares. Meanwhile, Director Farquhar Scott sold 7948.0 shares on Jan 14 ’25.
