The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Atlassian Corp's Score
Industry at a Glance
Industry Ranking
71 / 469
Overall Ranking
137 / 4714
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
32
analysts
Buy
Current Rating
251.518
Target Price
+50.93%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Atlassian Corp Highlights
StrengthsRisks
Atlassian Corporation is a global technology company. The Company’s primary products include Jira for planning and project management, Confluence for content creation and sharing, Jira Service Management for team service, management and support applications, Loom for asynchronous video collaboration, and Rovo for unlocking organizational knowledge. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. It enables modern and connected experiences across teams, tools, workflows, and data, including collaboration, analytics, automation, and artificial intelligence capabilities. The comprehensive data model, or Teamwork Graph, unifies and standardizes data across Atlassian products, third-party tools, and teams. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 47.55% year-on-year.
Fairly Valued
The company’s latest PE is -169.96, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 160.59M shares, decreasing 3.31% quarter-over-quarter.
Atlassian Corporation is a global technology company. The Company’s primary products include Jira for planning and project management, Confluence for content creation and sharing, Jira Service Management for team service, management and support applications, Loom for asynchronous video collaboration, and Rovo for unlocking organizational knowledge. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. It enables modern and connected experiences across teams, tools, workflows, and data, including collaboration, analytics, automation, and artificial intelligence capabilities. The comprehensive data model, or Teamwork Graph, unifies and standardizes data across Atlassian products, third-party tools, and teams. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.