Atlassian Corporation (TEAM)
NASDAQ: TEAM · IEX Real-Time Price · USD
178.62
-1.10 (-0.61%)
May 20, 2024, 1:08 PM EDT - Market open
Atlassian Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Atlassian stock have an average target of 222.35, with a low estimate of 150 and a high estimate of 285. The average target predicts an increase of 24.48% from the current stock price of 178.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Atlassian stock from 18 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 2 | 3 | 3 |
| Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Hold | 8 | 8 | 8 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 16 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $220 → $210 | Hold | Maintains | $220 → $210 | +17.57% | Apr 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $300 → $250 | Buy | Maintains | $300 → $250 | +39.96% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $220 → $200 | Hold | Maintains | $220 → $200 | +11.97% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $225 → $200 | Hold | Maintains | $225 → $200 | +11.97% | Apr 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $260 → $230 | Strong Buy | Maintains | $260 → $230 | +28.76% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
4.33B
from 3.53B
Increased by 22.36%
Revenue Next Year
5.20B
from 4.33B
Increased by 20.14%
EPS This Year
2.63
from -1.90
EPS Next Year
3.19
from 2.63
Increased by 21.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 5.7B | 7.2B | 8.3B | 10.4B |
| Avg | 4.3B | 5.2B | 6.4B | 8.0B | 9.9B |
| Low | 4.1B | 4.9B | 5.8B | 7.5B | 9.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4% | 31.7% | 38.4% | 29.4% | 30.5% |
| Avg | 22.4% | 20.1% | 23.9% | 23.8% | 23.8% |
| Low | 17.1% | 12.6% | 12.5% | 16.0% | 17.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.09 | 4.03 | 5.16 | 5.88 | 7.78 |
| Avg | 2.63 | 3.19 | 4.19 | 5.39 | 7.17 |
| Low | 2.38 | 2.67 | 3.21 | 4.87 | 6.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 53.1% | 61.5% | 40.4% | 44.5% |
| Avg | - | 21.3% | 31.1% | 28.6% | 33.0% |
| Low | - | 1.2% | 0.7% | 16.3% | 20.8% |
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.