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Atlassian Corporation Plc (CH:48D)
NASDAQ:48D

Atlassian (48D) Price & Analysis

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48D Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Strong Free Cash FlowSustained FCF near $1.2B provides durable internal funding for R&D, cloud migration and AI investment without relying on equity issuance. High cash conversion versus GAAP losses (FCF to net income ~0.96 TTM) reduces refinancing risk and supports strategic flexibility over the medium term.
High Gross Margins From SaaS ModelConsistently high gross margins (~82%–84%) reflect scalable SaaS economics and efficient delivery of cloud software. This structural margin buffer supports reinvestment in go‑to‑market and AI, enabling margin expansion as scale and operational discipline improve, underpinning durable profitability potential.
Durable Retention, Cloud & AI AdoptionNet Revenue Retention >120%, accelerating Rovo AI usage and Service Collection passing $1B ARR indicate strong expansion within customers and product-led upsell. These structural adoption trends reduce churn risk, raise enterprise wallet share, and support multi-year ARR growth and higher lifetime value.
Bears Say
Continued GAAP LossesOngoing GAAP losses and a negative net margin (-3.5% TTM) mean the company has not yet converted strong unit economics into consistent accounting profitability. This constrains ROE, can limit strategic optionality, and keeps investor scrutiny on sustainable operating leverage over the medium term.
Elevated Leverage Vs EquityDebt materially exceeds equity (debt-to-equity ~1.41 TTM), leaving a less conservative capital structure than many software peers. Elevated leverage raises interest and refinancing sensitivity, limits capacity for large inorganic moves, and increases risk if cash generation weakens or growth slows.
Data Center Timing Lumpiness & Migration ComplexityPull‑forward of Data Center license revenue and multiyear, highly customized cloud migrations create persistent timing volatility and moderate historical seat expansion. That distorts comparability of RPO/CRPO, complicates visibility and may slow stable ARR progression until migrations normalize.

Atlassian News

48D FAQ

What was Atlassian Corporation Plc’s price range in the past 12 months?
Currently, no data Available
What is Atlassian Corporation Plc’s market cap?
Atlassian Corporation Plc’s market cap is CHF16.43B.
    When is Atlassian Corporation Plc’s upcoming earnings report date?
    Atlassian Corporation Plc’s upcoming earnings report date is Jul 30, 2026 which is in 36 days.
      How were Atlassian Corporation Plc’s earnings last quarter?
      Atlassian Corporation Plc released its earnings results on Apr 30, 2026. The company reported $1.417 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.337.
        Is Atlassian Corporation Plc overvalued?
        According to Wall Street analysts Atlassian Corporation Plc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Atlassian Corporation Plc pay dividends?
          Atlassian Corporation Plc does not currently pay dividends.
          What is Atlassian Corporation Plc’s EPS estimate?
          Atlassian Corporation Plc’s EPS estimate is 1.21.
            How many shares outstanding does Atlassian Corporation Plc have?
            Currently, no data Available
            What happened to Atlassian Corporation Plc’s price movement after its last earnings report?
            Atlassian Corporation Plc reported an EPS of $1.417 in its last earnings report, beating expectations of $1.08. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Atlassian Corporation Plc?
              Currently, no hedge funds are holding shares in CH:48D
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Atlassian Corporation Plc

                Atlassian Corporation, operating globally via its subsidiaries, specializes in creating, distributing, and supporting a diverse range of software solutions. Its extensive product suite features Jira Software and Jira Work Management, comprehensive project management platforms enabling technical and business teams to efficiently plan, organize, monitor, and execute tasks. Confluence serves as a collaborative workspace, centralizing knowledge to advance team efforts, while Trello provides a flexible tool for teams to structure and manage dynamic, rapidly evolving projects. Additionally, Atlassian provides Jira Service Management, an adaptable service desk solution empowering IT, legal, HR, and other service teams to deliver and oversee exceptional service experiences. Another key offering is Jira Align, an enterprise agility platform crafted to assist businesses in navigating dynamic market conditions by prioritizing value generation. Furthermore, its offerings include Bitbucket, an enterprise-grade Git repository management system facilitating professional development teams in collaborating on, managing, and deploying high-quality code. Atlassian Access provides robust, enterprise-wide security and centralized administration, enhancing data governance across its entire suite of cloud products. The portfolio also contains Jira Product, a dedicated tool for prioritizing and mapping out product roadmaps. The company's diverse portfolio extends to Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd for single sign-on capabilities; Crucible for collaborative code reviews; Fisheye, a tool to search, track, and visualize code changes; and Compass, a developer experience platform. Other notable products encompass Opsgenie, for on-call and alert management; Sourcetree, a free Git client for Windows and Mac; Statuspage, for real-time status communication to users; and Beacon, an intelligent threat detection system. Established in 2002, Atlassian Corporation maintains its headquarters in Sydney, Australia.

                Atlassian (48D) Earnings & Revenues

                48D Earnings Call

                Q3 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call emphasized strong top-line growth, rapid cloud and AI adoption, robust retention and meaningful enterprise wins, while acknowledging timing-driven lumpiness from Data Center pull-forward, migration complexity for large customers, and near-term visibility constraints. Management signaled confidence in durable, profitable growth and plans to enhance disclosures to normalize timing effects.View all CH:48D earnings summaries

                48D Stock 12 Month Forecast

                Average Price Target

                $106.26
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