Atlassian Corporation [TEAM] stock prices are up 1.82% to $260.85 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TEAM shares have gain 5.86% over the last week, with a monthly amount glided 4.26%, and 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 17, 2025, when Cantor Fitzgerald initiated its Neutral rating and assigned the stock a price target of $264. Previously, BMO Capital Markets upgraded its rating to Outperform on January 10, 2025, and elevated its price target to $292. On January 07, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $300 on the stock. Macquarie started tracking the stock assigning a Neutral rating and suggested a price target of $290 on December 12, 2024. KeyBanc Capital Markets upgraded its rating to a Overweight but $260 remained the price target by the analyst firm on November 01, 2024. BMO Capital Markets reiterated a Market Perform rating for this stock on November 01, 2024, and upped its price target to $255. In a note dated October 01, 2024, Raymond James upgraded an Outperform rating on this stock but restated the target price of $200.
The stock price of Atlassian Corporation [TEAM] has been fluctuating 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 $260.85 at the most recent close of the market. An investor can expect a potential drop of -9.5% based on the average TEAM price forecast.
Analyzing the TEAM fundamentals
The Atlassian Corporation [NASDAQ:TEAM] reported sales of 4.57B for trailing twelve months, representing a surge 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.21.
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 258.47 points at the first support level, and at 256.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 262.22, and for the 2nd resistance point, it is at 263.58.
Ratios To Look Out For
It’s worth pointing out that Atlassian Corporation [NASDAQ:TEAM]’s Current Ratio is 1.18. On the other hand, the Quick Ratio is 1.18, and the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 14.93, the price to book ratio is 66.10.
Transactions by insiders
Recent insider trading involved Farquhar Scott, Director, that happened on Jan 21 ’25 when 7948.0 shares were sold. CEO, Co-Founder, Cannon-Brookes Michael completed a deal on Jan 21 ’25 to sell 7948.0 shares. Meanwhile, President BHARADWAJ ANUTTHARA sold 1520.0 shares on Jan 17 ’25.
