Atlassian Corporation [TEAM] moved up 0.33: Why It’s Important

Atlassian Corporation [NASDAQ: TEAM] gained 0.33% or 0.76 points to close at $229.07 with a heavy trading volume of 4262407 shares.

The daily chart for TEAM points out that the company has recorded 21.42% gains over the past six months.

If we look at the average trading volume of 2.43M shares, TEAM reached to a volume of 4262407 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $301.07 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 1.68. 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.

Robert W. Baird have made an estimate for Atlassian Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 14, 2025. The new note on the price target was released on April 10, 2025, representing the official price target for Atlassian Corporation stock. Previously, the target price had yet another drop from $360 to $295, while BMO Capital Markets kept a Outperform rating on TEAM stock. On April 02, 2025, analysts decreased their price target for TEAM shares from 304 to 272.

The Average True Range (ATR) for Atlassian Corporation is set at 12.03, with the Price to Sales ratio for TEAM stock in the period of the last 12 months amounting to 12.52. The Price to Book ratio for the last quarter was 49.22, with the Price to Cash per share for the same quarter was set at 9.42. Price to Free Cash Flow for TEAM in the course of the last twelve months was 43.19 with Quick ratio for the last quarter at 1.22.

Trading performance analysis for TEAM stock

Atlassian Corporation [TEAM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.77. With this latest performance, TEAM shares gained by 5.85% in over the last four-week period, additionally plugging by 21.42% over the last 6 months – not to mention a rise of 29.37% 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 56.76, with the RSI for the last a single of trading hit 64.41, and the three-weeks RSI is set at 52.33 for Atlassian Corporation [TEAM]. The present Moving Average for the last 50 days of trading for this stock 229.57, while it was recorded at 228.88 for the last single week of trading, and 219.00 for the last 200 days.

Atlassian Corporation [TEAM]: A deeper dive into fundamental analysis

Atlassian Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.22 and a Current Ratio set at 1.22.

Atlassian Corporation [TEAM]: An earnings per share (EPS) analysis

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 21.12%.

An analysis of Institutional ownership at Atlassian Corporation [TEAM]

There are presently around $94.24%, or 94.57%% 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 6.1345%. 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 3.5602%.