NASDAQ: TEAM

Atlassian (TEAM) Stock Analysis & Forecast

Atlassian Corporation. Technology services sector, packaged software industry. Market cap $50.44B.

$192.02−0.51 (−0.3%)

Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.

Gekko Brief

AI summary

Atlassian closes at $192.02, down 0.3% on the day, with the stock trading well above both its 50-day average of $144.27 and its 200-day average of $110.98. The GekkoIndex reads 50.4, placing TEAM in the Neutral zone, down 3.4 points over the last five sessions. Price sits 33% above Gekko Fair Value of $144.40, a gap that stands out against a 52-week range of $56.01 to $198.60.

Coverage this week centers on Atlassian's rally and its competitive standing in enterprise software. One piece notes the stock has posted a 180% rally since the start of April, framed as a recovery from broader "SaaSpocalypse" AI concerns. A comparison piece weighs TEAM against ServiceNow (NOW), pointing to AI adoption, cloud momentum and valuation as differentiators. Separately, Atlassian's CFO James Chuong told investors at Citi's TMT conference that AI is becoming a tailwind, citing rising Rovo adoption, expanding cloud usage and demand for bundled products. A 13F filing also showed Sequoia Financial Advisors lifting its TEAM position by 61.7% in the second quarter, to a $1.05 million stake.

Atlassian's next earnings report is set for 29 October 2026, 39 days out and beyond a typical 20-day trading window. Options activity over the last 30 days shows 2 unusual signals, with put premium of $4,395,350 against call premium of $162,400. Seasonality over the past 5 years shows the next 20 trading days averaging -1.4%, positive in 2 of those years. Analyst coverage stands at 21 buy and 2 hold ratings among 23 firms, with a consensus target of $199.23.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $192.02200-day averageGekko Fair Value $144.40

Key stats

Market cap
$50.44B
P/E ratio
Forward P/E
35.5
EPS, TTM
−$0.21
Revenue, TTM
$6.57B
Profit margin
-0.8%
Dividend yield
Beta
1.16
Volume
8.90M avg 3.71M
1-year return
+11.5%
Typical daily move
±4.7%
Typical 20-day move
±10.4%
50-day average
$144.27
200-day average
$110.98
Next earnings
Oct 29 after close
Shares outstanding
159.0M
52-week range
$56.01$198.60

Atlassian swing-trade checklist

Atlassian scores 2 supportive, 1 mixed and 3 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed3 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $192.02 is above the 50-day ($144.27) and 200-day ($110.98) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    50.4, Neutral

    Reading 50.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    33.0% above

    Price is 33% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 39 days

    Next report Oct 29, 2026, 39 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.4% on average

    From this point in the calendar, the next 20 trading days averaged −1.4% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Atlassian stock chart and price history

Atlassian closed at $192.02 on Sep 18, 2026, +11.5% over the past year, inside a 52-week range of $56.01 to $198.60.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+10.2%
3 months
+132.1%
6 months
+157.4%
1 year
+11.5%
The full TEAM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TEAM in Gekko

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About Atlassian

Atlassian builds and supports a wide range of software tools used by teams to plan, track, and deliver work. Its best-known products include Jira Software for project management, Confluence for shared team knowledge, and Trello for organizing fast-moving tasks. The company also offers Jira Service Management for IT and other service teams, and Bitbucket for developers to collaborate on and deploy code.

Beyond these core products, Atlassian's portfolio covers areas such as enterprise agility planning through Jira Align, security and administration through Atlassian Access, and developer-focused tools like Bamboo, Crucible, Sourcetree, and Opsgenie. Its customers span technical and business teams alike, including software developers, IT departments, legal and HR groups, and other service functions that rely on its tools to coordinate work and manage projects. The company operates globally through its subsidiaries.

Atlassian was founded in 2002 and is headquartered in Sydney, Australia. Its shares are listed on the NASDAQ under the ticker TEAM.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
atlassian.com

Atlassian GekkoIndex: the smart money zone

Atlassian’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 50.4, in the Neutral zone, down 3.4 points over five sessions.

010050.4Neutral

Down 3.4 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying80+0.3%−0.5%−1.4%−2.1%
Accumulation249−0.6%−0.6%−0.3%−2.0%
Neutral (current zone)290+0.8%+1.4%+2.6%+3.0%
Distribution42+0.4%+1.9%+6.1%+7.3%
Selling1Too few readings yet

Average TEAM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TEAM price, zone by zone.Track TEAM in Gekko

Is Atlassian stock overvalued? Gekko Fair Value

Atlassian trades 33.0% above Gekko Fair Value of $144.40, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Atlassian shares are worth, recalculated every trading day.

$144.40

Gekko Fair Value, Sep 19, 2026

33.0% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TEAM in Gekko

Atlassian insider and Congress trading

No open-market insider purchases were filed for Atlassian, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TEAM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TEAM insider filing, plotted on the chart in Gekko.Open TEAM in Gekko

Congress trades last 90 days

No trades in TEAM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for TEAM, plotted on the chart in Gekko.Open TEAM in Gekko

Buybacks

Atlassian has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$353.3M
As a share of market cap
0.70%
Trailing four quarters
$1.80B

From company filings.

Unusual options activity last 30 days

2signals, 4% of the flagged premium in calls.

Latest: Bearish flow on Sep 19, $988K in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold TEAM.

1added1opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Atlassian earnings: next date and track record

Atlassian reports on Oct 29, 2026, after the close (39 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±15.4%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+17.8%Oct ’24+13.1%Jan ’25−8.7%May ’25−9.4%Aug ’25+6.4%Oct ’25−9.8%Feb ’26+26.1%Apr ’26+31.5%Aug ’26

Last earnings call, Aug 6, 2026 AI summary

What they said
Atlassian reported an outstanding Q4 FY2026 and an excellent fiscal year: total revenue grew 28% to $1.8B, cloud revenue grew 31% to $1.2B, RPO grew 44% to $4.8B, NRR remained north of 120%, and GAAP operating margin was 12%. Management emphasized strong enterprise momentum with record large deals ($1M, $3M, $5M cohorts) and significant AI adoption (Rovo used by >80% of the Fortune 500; Rovo-assisted actions +50% QoQ). Drivers of outperformance included cross-sell, seat expansion, and collection adoption (Teamwork Collection and Service Collection). Management reiterated a disciplined, long-term approach to profitable growth, citing investments in AI and scaling enterprise GTM while moderating hiring and stock-based comp. The call highlighted the Teamwork Graph as a strategic moat and noted early-stage experiments with consumption-based pricing and Flex models.
Guidance
Subscription ARR growth guide for FY2027: ~18% (initial full-year ARR guidance). Q1 FY27 GAAP operating margin guide: 6.5%. FY27 GAAP operating margin guide: 4.5%. Management signaled a prudent/tempered approach to the second half of FY27 and noted the ARR guide implies modest net new ARR (roughly flat organic net new ARR).
Risks flagged
Management cited macroeconomic uncertainty (fiscal policy, geopolitical landscape) as reasons for a prudent outlook. They also noted the lapping of the DX acquisition (benefited FY26 ARR by ~1 point), and that consumption-based monetization offerings are early-stage. General risks: execution risk in scaling enterprise go-to-market, reliance on continued AI adoption, and potential model/traffic cost management challenges (though management emphasized they are addressing these).
ReportedEPSSurpriseRevenueSurpriseMove
Aug 6, 2026$0.65
est $0.32
+103.1%$1.77B
est $1.66B
+6.2%+31.5%
Apr 30, 2026$1.75
est $1.34
+30.6%$1.79B
est $1.70B
+5.4%+26.1%
Feb 5, 2026$1.22
est $1.15
+6.1%$1.59B
est $1.56B
+1.9%−9.8%
Oct 30, 2025$1.04
est $0.84
+24.0%$1.43B
est $1.40B
+2.2%+6.4%
Aug 7, 2025$0.98
est $0.83
+17.5%$1.38B
est $1.36B
+2.1%−9.4%
May 1, 2025$0.97
est $0.90
+7.4%$1.36B
est $1.35B
+0.3%−8.7%
Jan 30, 2025$0.96
est $0.75
+27.3%$1.29B
est $1.24B
+3.8%+13.1%
Oct 31, 2024$0.77
est $0.64
+20.7%$1.19B
est $1.16B
+2.8%+17.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Atlassian stock forecast and analyst price targets

Analysts’ average 12-month price target for Atlassian is $199.23, +3.8% from the last close, from 23 firms rating the stock in the last 90 days.

$199.23consensus 12-month target, +3.8% from the last close
Low $145High $309
Buy21
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 23 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14Mizuho SecuritiesBuy, maintained$215+12.0%
Sep 4Morgan StanleyBuy, maintained
Sep 3BTIGBuy, maintained$230+19.8%
Sep 3BTIGBuy, reiterated$230+19.8%
Sep 1CitiBuy, reiterated$225+17.2%
+2.6%average 20-day move after past Neutral readings
−1.4%average move over the next 20 trading days in the last 5 years
±4.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Atlassian seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Atlassian averaged −1.4% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+3.5%2021−15.3%2022−3.7%2023+15.6%2024−10.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−4.1%1 of 5
Next 10 trading days−6.5%1 of 5
Next 15 trading days−3.0%2 of 5
Next 20 trading days−1.4%2 of 5
Next 30 trading days+0.7%3 of 5

For scale, TEAM’s typical 20-trading-day move in either direction is about 10.4%.

Atlassian market cap and key statistics

Atlassian’s market cap is $50.44B and revenue of $6.57B over the last twelve months.

Valuation

Market cap
$50.44B
Forward P/E
35.5
EPS, TTM
−$0.21
Gekko Fair Value
$144.40

Trading

Volume
8.90M
Avg volume, 20 days
3.71M
52-week high
$198.60
52-week low
$56.01
Shares outstanding
159.0M

Financials

Revenue, TTM
$6.57B
Profit margin
-0.8%
Return on equity
-4.5%
Quarterly earnings growth, YoY
+172.2%

Risk and income

Beta
1.16
Typical daily move
±4.7%
Typical 20-day move
±10.4%

Atlassian stock news this week

4 headlines about Atlassian from the past week, newest first, each linking to the publisher.

Atlassian peers

Atlassian’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft−0.8%Neutral13.4% above
ORCLOracle−1.9%Neutral17.7% below
PLTRPalantir Technologies+0.3%Neutral11.3% above
PANWPalo Alto Networks−3.1%Neutral8.9% above
CRWDCrowdStrike−3.8%Neutral19.0% above
CRMSalesforce−2.6%Neutral1.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Atlassian stock FAQ

What is Atlassian’s market cap?

Atlassian’s market cap is $50.44B at the Sep 18, 2026 close of $192.02, with 159.0M shares outstanding.

What is the Atlassian stock forecast?

The consensus analyst 12-month price target for Atlassian is $199.23, +3.8% from the last close. Of the 23 firms that rated the stock in the last 90 days, 21 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Atlassian stock overvalued or undervalued?

On Gekko’s estimate Atlassian is overvalued: the Sep 18, 2026 close of $192.02 is 33.0% above Gekko Fair Value of $144.40. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Atlassian report earnings next?

Atlassian is expected to report on Oct 29, 2026, after the market closes (39 days away). Analysts expect earnings of $1.40 per share on revenue of $1.71B. Atlassian beat the earnings estimate in 8 of its last 8 reports, moving 15.4% on average across the report.

What is Atlassian’s 52-week high and low?

Atlassian’s 52-week high is $198.60 and its 52-week low is $56.01; it closed at $192.02 on Sep 18, 2026, +11.5% over the past year.

Is Atlassian stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 6 items with data read as supportive (trend and earnings risk), 1 as mixed (gekkoindex) and 3 as headwinds (fair value, smart money and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Atlassian?

Gekko flagged 2 unusual options signals in Atlassian over the last 30 days, with $162K of flagged premium in calls and $4.40M in puts. The latest, bearish flow, was on Sep 19, 2026 with $988K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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