Atlassian (NASDAQ:TEAM) Releases Earnings Results, Misses Estimates By $0.85 EPS

Atlassian (NASDAQ:TEAM) announced its quarterly earnings data on Thursday. The technology company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.85), Zacks reports. Atlassian had a negative return on equity of 23.35% and a negative net margin of 8.59%. Atlassian updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Atlassian Stock Performance

TEAM opened at $266.95 on Friday. The business’s 50-day simple moving average is $259.32 and its 200 day simple moving average is $206.76. Atlassian has a 52-week low of $135.29 and a 52-week high of $287.97. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market capitalization of $69.52 billion, a PE ratio of -175.62 and a beta of 0.83.

Insider Buying and Selling at Atlassian

In related news, Director Scott Farquhar sold 7,948 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $270.63, for a total value of $2,150,967.24. Following the completion of the sale, the director now directly owns 333,816 shares in the company, valued at approximately $90,340,624.08. This trade represents a 2.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Anutthara Bharadwaj sold 1,659 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $245.81, for a total value of $407,798.79. Following the transaction, the president now directly owns 213,511 shares in the company, valued at approximately $52,483,138.91. This trade represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 257,156 shares of company stock worth $65,313,573 over the last ninety days. 38.55% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TEAM. Truist Financial raised shares of Atlassian from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $250.00 to $300.00 in a research note on Tuesday, January 7th. BMO Capital Markets upgraded shares of Atlassian from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $255.00 to $292.00 in a research report on Friday, January 10th. Jefferies Financial Group lifted their target price on Atlassian from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Citigroup increased their price target on Atlassian from $255.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Finally, Macquarie assumed coverage on Atlassian in a report on Thursday, December 12th. They set a “neutral” rating and a $290.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.52.

Atlassian Company Profile

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.