<div id="readability-page-1"><p><span>Atlassian (NASDAQ:TEAM - Get Free Report)</span> was upgraded by research analysts at StockNews.com from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note issued to investors on Wednesday.</p><ul><li>Atlassian: Upside Still in Play After Impressive Earnings Spike</li></ul><p>Several other brokerages have also issued reports on TEAM. JMP Securities  reiterated a &#34;market perform&#34; rating on shares of Atlassian in a report on Friday, January 31st. UBS Group lifted their target price on Atlassian from $275.00 to $330.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, January 31st. Citigroup lifted their target price on Atlassian from $255.00 to $300.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, January 17th. Scotiabank lifted their target price on Atlassian from $250.00 to $330.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Friday, January 31st. Finally, Cantor Fitzgerald lifted their price objective on Atlassian from $264.00 to $304.00 and gave the company a &#34;neutral&#34; rating in a report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and seventeen have assigned  a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $319.71.</p><p><b>Get Our Latest Report on TEAM</b></p><h2>Atlassian Trading Up 3.8 %</h2><ul><li>Top Analysts’ Picks for 2025: 3 of Morgan Stanley's Favorites</li></ul><p>Shares of NASDAQ TEAM opened at $224.10 on Wednesday. The stock's 50 day moving average price is $275.10 and its two-hundred day moving average price is $233.57. Atlassian has a 52-week low of $135.29 and a 52-week high of $326.00. The stock has a market capitalization of $58.71 billion, a P/E ratio of -167.24 and a beta of 0.91. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.81. </p><p>Atlassian (NASDAQ:TEAM - Get Free Report) last posted its earnings results on Thursday, January 30th. The technology company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.73 by ($0.85). Atlassian had a negative net margin of 7.22% and a negative return on equity of 17.37%.  On average, analysts anticipate that  Atlassian will post -0.34 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling</h2><ul><li>Is Amplitude an AI Sleeper Stock in the Making for 2025?</li></ul><p>In related news, Director Scott Farquhar sold 7,948 shares of Atlassian stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $258.33, for a total transaction of $2,053,206.84. Following the completion of the transaction, the director now owns 63,584 shares of the company's stock, valued at $16,425,654.72. This trade represents a 11.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, President Anutthara Bharadwaj sold 1,520 shares of Atlassian stock in a transaction on Friday, December 20th. The stock was sold at an average price of $254.76, for a total transaction of $387,235.20. Following the transaction, the president now directly owns 211,991 shares of the company's stock, valued at $54,006,827.16. This represents a 0.71 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 272,501 shares of company stock worth $74,569,690. Corporate insiders own  38.55% of the company's stock. </p><h2>Institutional Investors Weigh In On Atlassian</h2><p>A number of large investors have recently bought and sold shares of the stock. Murphy &amp; Mullick Capital Management Corp acquired a new position in shares of  Atlassian during the fourth quarter valued at about $27,000.  Colonial Trust Co SC boosted its holdings in  Atlassian by 100.0% during the fourth quarter. Colonial Trust Co SC now owns 138 shares of the technology company's stock worth $34,000 after purchasing an additional 69 shares during the last quarter.  Summit Securities Group LLC purchased a new position in  Atlassian during the fourth quarter worth about $38,000.  Pilgrim Partners Asia Pte Ltd purchased a new position in  Atlassian during the fourth quarter worth about $39,000.  Finally, Avion Wealth boosted its holdings in  Atlassian by 1,308.3% during the fourth quarter. Avion Wealth now owns 169 shares of the technology company's stock worth $41,000 after purchasing an additional 157 shares during the last quarter. 94.45% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Atlassian Company Profile</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Atlassian</li><li>What is the Nikkei 225 index?    </li><li>NVIDIA Stock Remains Stunningly Undervalued—Here’s Why</li><li>Dividend King Proctor &amp; Gamble Is A Buy On Post-Earnings Weakness </li><li>Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy</li><li>What is a Low P/E Ratio and What Does it Tell Investors?</li><li>U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VEVBTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VEVBTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Atlassian Right Now?</h2><p>Before you consider Atlassian, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlassian wasn't on the list.</p><p>While Atlassian currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TEAM

<p>StockNews.com upgraded Atlassian (NASDAQ:TEAM) from a "hold" to a "buy" rating. Several brokerages have also adjusted their target prices, with UBS raising it to $330 and Citigroup to $300. Currently, Atlassian has an average rating of "Moderate Buy" and a target price of $319.71. The stock opened at $224.10, with a market cap of $58.71 billion. Recent insider trading shows significant share sales, while institutional investors hold 94.45% of the stock.</p>

Atlassian (NASDAQ:TEAM) Raised to Buy at StockNews.com