Atlassian (NASDAQ:TEAM) Stock Rating Upgraded by Wall Street Zen

Market Beat
2026.05.09 05:35
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Wall Street Zen upgraded Atlassian's stock rating from "buy" to "strong-buy". Analysts have set various price targets, with Robert W. Baird at $120, Truist Financial at $100, and BTIG Research at $130. The stock currently has an average rating of "Moderate Buy" and a consensus target price of $145.26. Atlassian reported $1.75 EPS, exceeding estimates, with a revenue of $1.79 billion, up 31.7% year-over-year. The stock opened at $91.60, with a 12-month high of $232.36 and a market cap of $24.16 billion.