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Atlassian ( (TEAM) ) has shared an update.
On October 30, 2025, Atlassian announced the retirement of CFO Joe Binz effective June 30, 2026, and a new $2.5 billion share repurchase program. The company reported strong financial results for Q1 FY26, with a 21% increase in revenue year-over-year, driven by AI innovations and enterprise sales. Atlassian also highlighted several strategic initiatives, including the acquisition of The Browser Company of New York and DX, the launch of new AI-powered products, and recognition as a leader in the 2025 Gartner Magic Quadrant for DevOps Platforms.
The most recent analyst rating on (TEAM) stock is a Hold with a $169.00 price target. To see the full list of analyst forecasts on Atlassian stock, see the TEAM Stock Forecast page.
Spark’s Take on TEAM Stock
According to Spark, TipRanks’ AI Analyst, TEAM is a Neutral.
Atlassian’s strong earnings call performance and strategic initiatives in AI and cloud services are significant positives. However, ongoing profitability challenges and a bearish technical outlook weigh on the overall score. The company’s valuation remains a concern due to negative earnings.
To see Spark’s full report on TEAM stock, click here.
More about Atlassian
Atlassian Corporation is a leading provider of team collaboration and productivity software, known for its AI-driven innovations and enterprise solutions. The company focuses on enhancing teamwork and productivity through its cloud-based platforms, serving over 300,000 customers globally.
Average Trading Volume: 2,799,409
Technical Sentiment Signal: Sell
Current Market Cap: $41.78B
For detailed information about TEAM stock, go to TipRanks’ Stock Analysis page.