Atlassian (TEAM) Projected to Release Quarterly Earnings on Thursday

Atlassian (NASDAQ:TEAM) is expected to release its Q1 2027 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $1.71 billion for the quarter. Investors may visit the company’s upcoming Q1 2027 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings results on Friday, August 7th. The technology company reported $1.87 EPS for the quarter, beating the consensus estimate of $1.50 by $0.37. Atlassian had a negative net margin of 0.82% and a positive return on equity of 20.99%. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the firm posted $0.98 earnings per share. The firm’s revenue was up 27.6% on a year-over-year basis. On average, analysts expect Atlassian to post $0.69 EPS for the current fiscal year and $1.47 EPS for the next fiscal year.

Atlassian Stock Up 2.1%

TEAM stock opened at $191.05 on Wednesday. The stock has a market cap of $48.36 billion, a P/E ratio of 187.08, a PEG ratio of 19.95 and a beta of 1.16. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.93. Atlassian has a twelve month low of $56.01 and a twelve month high of $229.96. The company’s 50 day moving average is $195.93 and its two-hundred day moving average is $118.76.

Insiders Place Their Bets

In other news, CAO Gene Liu sold 1,125 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $175.00, for a total transaction of $196,875.00. Following the transaction, the chief accounting officer directly owned 56,807 shares in the company, valued at approximately $9,941,225. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO James Chuong sold 9,054 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $172.45, for a total transaction of $1,561,362.30. Following the transaction, the chief financial officer owned 279,218 shares in the company, valued at approximately $48,151,144.10. This trade represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 22,475 shares of company stock valued at $3,822,643 over the last quarter. Company insiders own 37.63% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TEAM. Mizuho increased their target price on shares of Atlassian from $215.00 to $235.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Truist Financial lifted their price target on shares of Atlassian from $185.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. BMO Capital Markets reissued an “outperform” rating and issued a $225.00 price target on shares of Atlassian in a research report on Friday. UBS Group set a $280.00 price target on shares of Atlassian in a research report on Monday, October 19th. Finally, Citigroup upped their price objective on shares of Atlassian from $225.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, October 20th. Twenty-three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $217.76.

About Atlassian

Atlassian Corporation develops collaboration, project-management and workflow software for technology, business and service teams. Its products are designed to help organizations plan projects, manage software development, coordinate work and share knowledge across departments.

Its product portfolio includes Jira for project and issue tracking, Confluence for team collaboration and knowledge management, Jira Service Management for IT and enterprise service workflows, Trello for organizing tasks and projects, Loom for video messaging and screen recording, and Bitbucket for source-code management and collaboration.