Atlassian (TEAM) Set to Post Earnings on Thursday

Atlassian (NASDAQ:TEAM) is expected to be announcing its Q1 2027 results after the market closes on Thursday, November 5th. Analysts expect Atlassian to post earnings of $1.39 per share and revenue of $1.71 billion for the quarter. Parties can check the company’s upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings results on Friday, August 7th. The technology company reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the company earned $0.98 earnings per share. Atlassian’s quarterly revenue was up 27.6% compared to the same quarter last year. On average, analysts expect Atlassian to post $0.69 EPS for the current fiscal year and $1.47 EPS for the next fiscal year.

Atlassian Stock Performance

NASDAQ TEAM opened at $187.08 on Tuesday. The company has a fifty day moving average of $195.53 and a two-hundred day moving average of $118.47. The company has a market capitalization of $47.36 billion, a PE ratio of 220.12, a P/E/G ratio of 23.47 and a beta of 1.22. Atlassian has a 1 year low of $56.01 and a 1 year high of $229.96. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.78 and a quick ratio of 0.78.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. UBS Group set a $280.00 target price on Atlassian in a research report on Monday, October 19th. Weiss Ratings reissued a “sell (e+)” rating on shares of Atlassian in a research report on Thursday, October 15th. Morgan Stanley upped their target price on Atlassian from $120.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Barclays raised their price target on Atlassian from $172.00 to $222.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 13th. Finally, Royal Bank Of Canada lifted their price target on Atlassian from $215.00 to $235.00 and gave the stock an “outperform” rating in a research report on Monday, October 12th. Twenty-three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $216.36.

Insiders Place Their Bets

In other Atlassian news, CFO James Chuong sold 9,054 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $172.45, for a total transaction of $1,561,362.30. Following the transaction, the chief financial officer directly owned 279,218 shares of the company’s stock, valued at approximately $48,151,144.10. This trade represents a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Brian Duffy sold 7,617 shares of Atlassian stock in a transaction on Friday, August 14th. The shares were sold at an average price of $163.00, for a total transaction of $1,241,571.00. Following the completion of the transaction, the executive owned 220,074 shares in the company, valued at approximately $35,872,062. This represents a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 22,475 shares of company stock valued at $3,822,643. Insiders own 37.63% of the company’s stock.

Atlassian Company Profile

Atlassian Corporation develops collaboration, project-management and workflow software for technology, business and service teams. Its products are designed to help organizations plan projects, manage software development, coordinate work and share knowledge across departments.

Its product portfolio includes Jira for project and issue tracking, Confluence for team collaboration and knowledge management, Jira Service Management for IT and enterprise service workflows, Trello for organizing tasks and projects, Loom for video messaging and screen recording, and Bitbucket for source-code management and collaboration.