Atlassian (NASDAQ:TEAM) Issues Earnings Results, Misses Estimates By $0.85 EPS

Atlassian (NASDAQ:TEAM) issued its quarterly earnings data on Thursday. The technology company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.73 by ($0.85), Zacks reports. Atlassian had a negative net margin of 8.59% and a negative return on equity of 23.35%. Atlassian updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Atlassian Stock Down 1.6 %

TEAM stock traded down $4.38 during trading on Thursday, reaching $266.95. 3,512,908 shares of the stock were exchanged, compared to its average volume of 1,814,800. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.96. Atlassian has a twelve month low of $135.29 and a twelve month high of $287.97. The firm’s 50 day moving average is $259.32 and its 200 day moving average is $206.76. The firm has a market cap of $69.52 billion, a P/E ratio of -175.62 and a beta of 0.83.

Insider Buying and Selling at Atlassian

In other news, CEO Michael Cannon-Brookes sold 7,948 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $278.79, for a total value of $2,215,822.92. Following the completion of the sale, the chief executive officer now directly owns 135,116 shares of the company’s stock, valued at $37,668,989.64. This represents a 5.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Gene Liu sold 165 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $245.84, for a total value of $40,563.60. Following the transaction, the chief accounting officer now owns 56,423 shares in the company, valued at approximately $13,871,030.32. This trade represents a 0.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 264,240 shares of company stock valued at $66,529,872. Company insiders own 38.55% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TEAM shares. Wells Fargo & Company raised their price objective on Atlassian from $300.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Piper Sandler boosted their price target on Atlassian from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Jefferies Financial Group raised their price objective on shares of Atlassian from $300.00 to $325.00 and gave the company a “buy” rating in a report on Friday, January 24th. Scotiabank boosted their target price on shares of Atlassian from $175.00 to $250.00 and gave the stock a “sector perform” rating in a report on Friday, November 1st. Finally, Citigroup raised their price target on shares of Atlassian from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Nine analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $273.19.

About Atlassian

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.