NASDAQ: TEAM

Atlassian (TEAM) Stock Analysis & Forecast

Nov 4 close

$189.88−1.17 (−0.6%)

Gekko Brief

AI summaryNov 4 close

This week's coverage centers on Atlassian's upcoming quarterly report, with analysts previewing key performance measures ahead of the print and one comparison piece weighing Atlassian against Palo Alto Networks in the collaboration-software and cybersecurity space. Separately, Atlassian introduced a Context Quality Score to sharpen AI performance. Fund filings also crossed the wire, including a position increase from Choreo LLC, though these are background to the earnings-focused narrative.

Shares closed at $189.88, down 0.6%, sitting below the 50-day average of $196.39 but well above the 200-day average of $118.80, with a one-month return of -2.1% against six-month gains of 113.8%. The GekkoIndex reads 61.8, placing the stock in the Accumulation zone. Price remains 11.4% above Gekko Fair Value of $170.46.

Atlassian reports earnings on 5 November 2026 after close, zero days away and within a typical 20-trading-day holding window; the prior print saw a 31.5% reaction, with an average absolute reaction of 15.4% across the last eight quarters, all beats. Over the last 30 days, one unusual options signal appeared, with call premium of $3,429,057 against put premium of $1,108,085. Seasonality for this calendar point shows a 2.7% average 20-day return over five years, positive in three of them. Consensus among 24 firms stands at 22 buy and 2 hold ratings, with a target of $230.20.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Atlassian price vs fair value

$189.88$170.46Nov ’25May ’26Nov ’26
Close $189.88200-day averageGekko Fair Value $170.46

Atlassian quick facts

Market cap
$48.07B
P/E ratio
—
Forward P/E
35.7
EPS, TTM
−$0.21
Revenue, TTM
$6.57B
Profit margin
-0.8%
Dividend yield
—
Beta
1.14
Volume
3.82M avg 2.68M
1-year return
+7.8%
Typical daily move
±5.6%
Typical 20-day move
±10.4%
50-day average
$196.39
200-day average
$118.80
Next earnings
Nov 5 after close
Shares outstanding
159.0M
52-week range
$56.01$229.96

Atlassian swing-trade checklist

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

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

3 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $189.88 sits between the 50-day ($196.39) and 200-day ($118.80) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    61.8, Accumulation

    Reading 61.8 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valueheadwind

    11.4% above

    Price is 11.4% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings riskheadwind

    Reports today

    Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.7% on average

    From this point in the calendar, the next 20 trading days averaged +2.7% over 5 years, rising in 3 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 $189.88 on Nov 4, 2026, +7.8% over the past year, inside a 52-week range of $56.01 to $229.96.

Close50-day average200-day averageVolume
Atlassian share price, past year, with 50-day and 200-day moving averages and volume$50$100$150DecJan 2026FebMarAprMayJunJulAugSepOct189.88

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

Performance Breakdown

1 month
−2.1%
3 months
+72.4%
6 months
+113.8%
1 year
+7.8%
The full TEAM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TEAM in Gekko

Follow Atlassian through every session

Put TEAM on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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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 61.8, in the Accumulation zone, up 13.1 points over five sessions.

010061.8Accumulation

Up 13.1 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying80+0.3%−0.5%−1.4%−2.1%
Accumulation (current zone)249−0.6%−0.6%−0.3%−0.4%
Neutral325+1.0%+1.8%+3.3%+10.9%
Distribution42+0.4%+1.8%+6.6%+14.3%
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, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. 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 11.4% above Gekko Fair Value of $170.46, so the shares are overvalued on Gekko’s estimate.

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

$170.46

Gekko Fair Value, Nov 4, 2026

11.4% Overvalued

At the end of Aug 2026 the price was 52.1% above the estimate.

Gekko Fair ValueShare price, month end
$170$191Aug 2026SepOctNov 2026

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
0.73%
Trailing four quarters
$1.80B

From company filings.

Unusual options activity last 30 days

1signal, 76% of the flagged premium in calls.

Latest: Bullish flow on Oct 10, $4.54M 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 Nov 5, 2026, after the close (today), 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 $230.20, +21.2% from the last close, from 24 firms rating the stock in the last 90 days.

$230.20consensus 12-month target, +21.2% from the last close
Low $160High $309
Buy22
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 24 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 3TD CowenHold, maintained$180−5.2%
Nov 2Cantor FitzgeraldBuy, maintained$252+32.7%
Oct 30BMO CapitalBuy, maintained$225+18.5%
Oct 28Wells FargoBuy, reiterated$270+42.2%
Oct 27Wells FargoBuy, maintained$270+42.2%
−0.3%average 20-day move after past Accumulation readings
+2.7%average move over the next 20 trading days in the last 5 years
±5.6%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 Nov 4, Atlassian averaged +2.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−22.2%2021+8.0%2022+9.9%2023+22.6%2024−5.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.2%2 of 5
Next 10 trading days−0.4%2 of 5
Next 15 trading days+0.2%3 of 5
Next 20 trading days+2.7%3 of 5
Next 30 trading days+8.2%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 $48.07B and revenue of $6.57B over the last twelve months.

Valuation

Market cap
$48.07B
Forward P/E
35.7
EPS, TTM
−$0.21
Gekko Fair Value
$170.46

Trading

Volume
3.82M
Avg volume, 20 days
2.68M
52-week high
$229.96
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
1.14
Typical daily move
±5.6%
Typical 20-day move
±10.4%

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+2.2%Neutral17.8% above
PLTRPalantir Technologies+4.1%Accumulation4.7% below
ORCLOracle+1.6%Accumulation29.7% below
PANWPalo Alto Networks+0.2%Accumulation7.4% above
CRWDCrowdStrike−0.7%Neutral8.1% above
CRMSalesforce−0.8%Accumulation9.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Atlassian stock FAQ

What is Atlassian’s market cap?

Atlassian’s market cap is $48.07B at the Nov 4, 2026 close of $189.88, with 159.0M shares outstanding.

What is the Atlassian stock forecast?

The consensus analyst 12-month price target for Atlassian is $230.20, +21.2% from the last close. Of the 24 firms that rated the stock in the last 90 days, 22 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 Nov 4, 2026 close of $189.88 is 11.4% above Gekko Fair Value of $170.46. 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 Nov 5, 2026, after the market closes (today). Analysts expect earnings of $1.39 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 $229.96 and its 52-week low is $56.01; it closed at $189.88 on Nov 4, 2026, +7.8% over the past year. Over the last five years the shares peaked at $454.95 on Nov 4, 2021.

Is Atlassian stock a buy right now?

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

Is there unusual options activity in Atlassian?

Gekko flagged 1 unusual options signal in Atlassian over the last 30 days, with $3.43M of flagged premium in calls and $1.11M in puts. The latest, bullish flow, was on Oct 10, 2026 with $4.54M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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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