Stock Price & Analysis

Based on the analysis of TEAM stock, here is the concise recommendation:

Buy TEAM stock as it shows strong growth potential with positive analyst sentiment and solid financial performance. However, consider waiting for a pullback to $225-$230 for a better entry point.

Atlassian Corporation (TEAM) is expected to reach a price target of $300 by 2025. This prediction is based on strong cloud growth momentum and recent analyst upgrades, with many firms raising their targets due to impressive Q2 results and positive revenue guidance.

The S1 support level for TEAM Stock is $210.43 ,The R1 resistant level for TEAM Stock is $235.86.

As of the end of day on 2025-04-02, the price of TEAM Stock was $214.2.

The target price for TEAM Stock according to analyst rating is 340.95, with the highest price target at 400.00 and the lowest at 255.00. Analysts have a Moderate Buy rating on TEAM Stock overall.

The market cap of TEAM is $56.7B.

Analysis and Insights

Valuation Metrics

Atlassian's current valuation metrics show a P/E ratio of 12.13 for Q3 2024 and 10.54 for Q4 2024, with an EV/EBITDA of 44.81 and 44.62, respectively. These multiples are slightly above industry averages but align with the company's strong growth prospects.

Analyst Sentiment

Analysts are largely bullish, with a consensus "Overweight" rating and an average price target of $317, representing a 15% upside from current levels. Recent upgrades and positive commentary highlight confidence in Atlassian's cloud growth, enterprise adoption, and AI-driven innovations.

Recent News and Fundamentals

Atlassian's FedRAMP authorization and strong Q2 results, including raised FY25 guidance, underscore its execution strength. The company's cloud revenue growth and enterprise customer additions further support its premium valuation.

Conclusion

While Atlassian's valuation is elevated, its strong fundamentals, growth trajectory, and analyst sentiment suggest it is not overvalued. The market is pricing in future growth, which appears justified given its recent performance and strategic initiatives.

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.

Atlassian (TEAM) stock is predicted to reach $400-$500 by 2030, driven by strong enterprise growth and cloud migration success. Analysts have recently raised targets, with Barclays at $350 and BMO Capital at $360, reflecting confidence in the company's momentum. The stock's growth is supported by expanding cloud offerings and AI-driven innovation.

TEAM has a total of 10726 employees.