Atlassian Corporation (TEAM)
NASDAQ: TEAM · Real-Time Price · USD
163.74
-1.95 (-1.18%)
Sep 13, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Atlassian stock have an average target of 217.69, with a low estimate of 160 and a high estimate of 265. The average target predicts an increase of 32.95% from the current stock price of 163.74.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $160 | $217.69 | $225 | $265 |
| Change | -2.28% | +32.95% | +37.41% | +61.84% |
* Price targets were last updated on Aug 5, 2024.
Analyst Ratings
The average analyst rating for Atlassian stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Buy | 6 | 6 | 6 | 9 | 7 | 7 |
| Hold | 9 | 9 | 9 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 18 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $275 → $250 | Buy | Maintains | $275 → $250 | +52.68% | Aug 5, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $210 → $175 | Hold | Maintains | $210 → $175 | +6.88% | Aug 2, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $220 → $177 | Hold | Maintains | $220 → $177 | +8.10% | Aug 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $250 → $230 | Buy | Maintains | $250 → $230 | +40.47% | Aug 2, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $200 → $160 | Hold | Maintains | $200 → $160 | -2.28% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
5.17B
from 4.36B
Increased by 18.50%
from 4.36B
Revenue Next Year
6.20B
from 5.17B
Increased by 20.04%
from 5.17B
EPS This Year
3.22
from -1.16
from -1.16
EPS Next Year
4.09
from 3.22
Increased by 27.19%
from 3.22
| Fiscal Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | FY 2027 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 | Jun 30, 2025 | Jun 30, 2026 | Jun 30, 2027 | ||
| Revenue | 1.61B | 2.09B | 2.80B | 3.53B | 4.36B | 5.17B | 6.20B | 7.56B | ||
| Revenue Growth | 33.39% | 29.42% | 34.16% | 26.11% | 23.31% | 18.50% | 20.04% | 21.87% | ||
| EPS | -1.43 | -2.32 | -2.05 | -1.90 | -1.16 | 3.22 | 4.09 | 5.09 | ||
| EPS Growth | - | - | - | - | - | - | 27.19% | 24.45% | ||
| Forward PE | - | - | - | - | - | 50.92 | 40.03 | 32.17 | ||
| No. Analysts | - | - | - | - | - | 31 | 31 | 11 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.4B | 6.6B | 7.9B | ||
| Avg | 5.2B | 6.2B | 7.6B | ||
| Low | 4.9B | 5.7B | 6.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.4% | 28.0% | 28.1% | ||
| Avg | 18.5% | 20.0% | 21.9% | ||
| Low | 13.2% | 10.1% | 11.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.15 | 5.68 | 5.61 | ||
| Avg | 3.22 | 4.09 | 5.09 | ||
| Low | 2.24 | 2.97 | 4.49 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 76.6% | 37.1% | ||
| Avg | - | 27.2% | 24.4% | ||
| Low | - | -7.7% | 9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
