Atlassian (TEAM) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Atlassian (NASDAQ: TEAM):

• 2/14/2026 – Atlassian was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/11/2026 – Atlassian was downgraded by Zacks Research from “hold” to “strong sell”.
• 2/9/2026 – Atlassian had its price target lowered by Citigroup Inc. from $210.00 to $160.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian was given a new $140.00 price target by Robert W. Baird.
• 2/6/2026 – Atlassian was given a new $130.00 price target by BMO Capital Markets. They now have an “outperform” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Oppenheimer Holdings, Inc. from $275.00 to $150.00. They now have an “outperform” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by KeyCorp from $210.00 to $170.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its “overweight” rating reaffirmed by Piper Sandler. They now have a $200.00 price target on the stock, down from $280.00.
• 2/6/2026 – Atlassian was given a new $185.00 price target by Canaccord Genuity Group Inc..
• 2/6/2026 – Atlassian had its price target lowered by Wells Fargo & Company from $216.00 to $155.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian was given a new $150.00 price target by Jefferies Financial Group Inc..
• 2/6/2026 – Atlassian had its “neutral” rating reaffirmed by UBS Group AG. They now have a $105.00 price target on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Barclays PLC from $215.00 to $165.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Guggenheim from $225.00 to $190.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Morgan Stanley from $320.00 to $290.00. They now have an “overweight” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by BTIG Research from $220.00 to $140.00. They now have a “buy” rating on the stock.
• 2/6/2026 – Atlassian had its price target lowered by Mizuho from $225.00 to $205.00. They now have an “outperform” rating on the stock.
• 2/4/2026 – Atlassian had its price target lowered by Cantor Fitzgerald from $240.00 to $146.00. They now have an “overweight” rating on the stock.
• 2/4/2026 – Atlassian had its price target lowered by BMO Capital Markets from $195.00 to $135.00. They now have an “outperform” rating on the stock.
• 1/27/2026 – Atlassian was given a new $145.00 price target by UBS Group AG.
• 1/26/2026 – Atlassian had its price target lowered by Robert W. Baird from $230.00 to $170.00. They now have an “outperform” rating on the stock.
• 1/21/2026 – Atlassian had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 1/21/2026 – Atlassian had its price target lowered by Mizuho from $245.00 to $225.00. They now have an “outperform” rating on the stock.
• 1/20/2026 – Atlassian had its price target lowered by TD Cowen from $205.00 to $175.00. They now have a “hold” rating on the stock.
• 1/16/2026 – Atlassian had its price target lowered by Citigroup Inc. from $240.00 to $210.00. They now have a “buy” rating on the stock.
• 1/15/2026 – Atlassian was given a new $262.00 price target by Jefferies Financial Group Inc..
• 1/13/2026 – Atlassian had its “overweight” rating reaffirmed by Piper Sandler.
• 1/13/2026 – Atlassian had its “buy” rating reaffirmed by BTIG Research. They now have a $220.00 price target on the stock.
• 1/5/2026 – Atlassian had its price target lowered by Piper Sandler from $300.00 to $280.00. They now have an “overweight” rating on the stock.

Insider Activity at Atlassian

In other news, CEO Michael Cannon-Brookes sold 7,665 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $161.79, for a total value of $1,240,120.35. Following the completion of the sale, the chief executive officer owned 107,310 shares of the company’s stock, valued at approximately $17,361,684.90. The trade was a 6.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $161.79, for a total transaction of $1,240,120.35. Following the transaction, the director directly owned 99,645 shares in the company, valued at approximately $16,121,564.55. This represents a 7.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 435,781 shares of company stock worth $62,755,235 in the last ninety days. 36.66% of the stock is owned by company insiders.

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.