While Atlassian Corporation has underperformed by -2.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TEAM rose by 19.28%, with highs and lows ranging from $326.00 to $135.29, whereas the simple moving average jumped by 7.28% in the last 200 days.
On March 19, 2025, Stephens started tracking Atlassian Corporation (NASDAQ: TEAM) recommending Equal-Weight. A report published by Cantor Fitzgerald on January 17, 2025, Initiated its previous ‘Neutral’ rating for TEAM. BMO Capital Markets also Upgraded TEAM shares as ‘Outperform’, setting a target price of $292 on the company’s shares in a report dated January 10, 2025. Truist January 07, 2025d the rating to Buy on January 07, 2025, and set its price target from $250 to $300. Macquarie initiated its ‘Neutral’ rating for TEAM, as published in its report on December 12, 2024. KeyBanc Capital Markets’s report from November 01, 2024 suggests a price prediction of $260 for TEAM shares, giving the stock a ‘Overweight’ rating. BMO Capital Markets also rated the stock as ‘Market Perform’.
Analysis of Atlassian Corporation (TEAM)
Further, the quarter-over-quarter increase in sales is 21.35%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Atlassian Corporation’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -32.59% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.22, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and TEAM is recording an average volume of 2.17M. On a monthly basis, the volatility of the stock is set at 5.01%, whereas on a weekly basis, it is put at 3.18%, with a loss of -0.09% over the past seven days. Furthermore, long-term investors anticipate a median target price of $350.74, showing growth from the present price of $229.65, which can serve as yet another indication of whether TEAM is worth investing in or should be passed over.
How Do You Analyze Atlassian Corporation Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 38.73%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 55.06% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TEAM shares are owned by institutional investors to the tune of 55.06% at present.
