The stock is currently trading at $256.19 with a positive momentum, showing gains across all trading sessions: pre-market (+0.96%), regular market (+1.52%), and post-market (+0.34%). The RSI at 54.01 indicates neutral momentum, neither overbought nor oversold.

Analyst Consensus Recent analyst actions strongly favor a bullish outlook:

Morgan Stanley raised target to $315 (23.89% upside)
BMO Capital upgraded to Buy with $292 target (20.47% upside)
Truist Securities upgraded to Strong Buy with $300 target (21.04% upside)
Oppenheimer maintained Buy with increased target to $300 (17.82% upside)

Key Support/Resistance Levels

Resistance: $258.87 (Fibonacci R1)
Support: $238.49 (Fibonacci S1)

Buy Signal: Based on the technical setup, positive momentum across all sessions, and strong analyst consensus with multiple recent upgrades, TEAM stock presents a buying opportunity at current levels. The stock is trading above its 20-day moving average of $249.48, indicating positive short-term momentum.

What is price prediction 2025 for TEAM Stock?

Based on recent analyst reports and technical analysis, Atlassian (TEAM) stock is projected to reach $300-315 by the end of 2025. Morgan Stanley has raised their price target to $315, citing strong growth prospects and potential for upward revisions. The company's focus on AI integration through Atlassian Intelligence and new product Rovo could drive significant revenue growth, with analysts forecasting sustained 20% top-line growth bolstered by margin expansion. The recent partnership with Amazon to accelerate cloud transformation further strengthens this bullish outlook.

The technical indicators and current price movement support this projection, with the stock showing positive momentum as it trades above its 20-day moving average of $249.48, and RSI at a moderate 54.01 suggesting room for further upside.

What is surpport and resistant level for TEAM Stock?

The S1 support level for TEAM Stock is $239.51 ,The R1 resistant level for TEAM Stock is $267.08.

What is the current price of TEAM Stock?

As of the end of day on 2025-01-24, the price of TEAM Stock was $264.81.

What is the target price of TEAM Stock?

The target price for TEAM Stock according to analyst rating is 280.89, with the highest price target at 375.00 and the lowest at 200.00. Analysts have a Strong Buy rating on TEAM Stock overall.

What is the market cap of Atlassian Corp?

The market cap of TEAM is $69.0B.

Is Atlassian Corp (TEAM) overvalued?

Based on the provided data and current market conditions, here's a comprehensive analysis of TEAM's valuation:

Technical Analysis

TEAM is currently trading at $257.27, showing strong momentum with RSI at 54.01 and trading above both its 60-day SMA ($245.91) and 200-day SMA ($194.17). The stock is trading within its Bollinger Bands with a BBP of 0.70, indicating moderate upward momentum.

Valuation Metrics

The stock shows elevated valuation multiples with a P/S ratio of 9.05 (forward) and P/B ratio of 40.24 (forward), suggesting premium pricing compared to industry averages. However, these metrics have been trending downward from Q3 2024 (P/S: 12.13, P/B: 44.81), indicating some valuation compression.

Analyst Sentiment

Recent analyst actions strongly suggest TEAM is fairly valued to slightly overvalued at current levels. Multiple analysts have raised price targets, with Morgan Stanley setting $315 (23.89% upside) and Citigroup at $300 (18.88% upside), while Cantor Fitzgerald initiated coverage with a neutral rating at $264 (4.61% upside).

Conclusion TEAM appears moderately overvalued based on traditional metrics, but its strong market position and recent analyst upgrades suggest the premium valuation may be justified by growth prospects and market leadership. The declining forward multiples and positive technical indicators suggest the stock may have room for further appreciation despite current valuation levels.

What is Atlassian Corp (TEAM)'s business?

Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. The Company’s products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. Jira Service Management is a service desk product for creating and managing service experiences for a variety of service team providers, including information technology, legal, and human resources teams. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.

What is price prediction 2030 for TEAM Stock?

Based on the available data and analysis, here's a prediction for TEAM stock price by 2030:

Atlassian (TEAM) stock is projected to reach $450-500 by 2030, driven by the company's strong position in the rapidly growing SaaS market and AI integration.

The growth will be fueled by Atlassian's expanding portfolio including AI-powered solutions like Rovo, which analysts estimate could contribute $400-600 million in Cloud ARR by 2027.

Morgan Stanley's bullish outlook and recent price target increase to $315 reflects confidence in Atlassian's ability to maintain 20%+ revenue growth through sustained cloud migration and operational efficiency improvements.