Atlassian Corporation [NASDAQ: TEAM] closed the trading session at $266.95.
The stocks have a year to date performance of 9.68 percent and weekly performance of 0.47 percent. The stock has been moved at 53.09 percent over the last six months. The stock has performed 6.73 percent around the most recent 30 days and changed 41.50 percent over the most recent 3-months.
If compared to the average trading volume of 2.13M shares, TEAM reached to a volume of 3870367 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Atlassian Corporation [TEAM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TEAM shares is $294.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TEAM stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Atlassian Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $255 to $292. The new note on the price target was released on January 10, 2025, representing the official price target for Atlassian Corporation stock. Previously, the target price had yet another raise from $250 to $300, while Truist kept a Buy rating on TEAM stock.
The Average True Range (ATR) for Atlassian Corporation is set at 9.48, with the Price to Sales ratio for TEAM stock in the period of the last 12 months amounting to 15.28. The Price to Book ratio for the last quarter was 67.65, with the Price to Cash per share for the same quarter was set at 8.48. Price to Free Cash Flow for TEAM in the course of the last twelve months was 52.48 with Quick ratio for the last quarter at 1.18.
TEAM stock trade performance evaluation
Atlassian Corporation [TEAM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.47. With this latest performance, TEAM shares gained by 6.73% in over the last four-week period, additionally plugging by 53.09% over the last 6 months – not to mention a rise of 4.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TEAM stock in for the last two-week period is set at 57.72, with the RSI for the last a single of trading hit 59.25, and the three-weeks RSI is set at 57.22 for Atlassian Corporation [TEAM]. The present Moving Average for the last 50 days of trading for this stock 258.90, while it was recorded at 269.16 for the last single week of trading, and 196.45 for the last 200 days.
Atlassian Corporation [TEAM]: An insightful look at the core fundamentals
Atlassian Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.18 and a Current Ratio set at 1.18.
Earnings per share (EPS) analysis for Atlassian Corporation [TEAM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TEAM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Atlassian Corporation go to 20.42%.
Atlassian Corporation [TEAM]: Institutional Ownership
There are presently around $90.81%, or 91.08%% of TEAM stock, in the hands of institutional investors. The top three institutional holders of TEAM stocks are: VANGUARD GROUP INC with ownership of 15.97 million shares, which is approximately 6.1489%. BLACKROCK INC., holding 10.76 million shares of the stock with an approximate value of $$1.9 billion in TEAM stocks shares; and BLACKROCK INC., currently with $$1.64 billion in TEAM stock with ownership which is approximately 3.5685%.
