Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Atlassian delivered a major 2026-08-06 upside surprise with EPS of $1.87 vs. $1.48 expected and a revenue beat, supported by 32% YoY revenue growth, 29% cloud revenue growth, 37% RPO growth, NRR above 120%, and a post-earnings surge above 30%.
Loading chart data...
AI Analyst Overview
Loading chart data...
Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Cash flow strength ⢠Liquidity deterioration ⢠Rising leverage TEAM pairs very high gross margins and strong cash flow with ongoing losses, weakening liquidity and higher leverage, while still trading at a demanding valuation.
Price Behavior
Key Price Behavior Insights: ⢠Breakout support ⢠Higher highs ⢠Volatility spike Support Level: $110-$113 Resistance Level: $149.07 TEAM is in a strong short-term uptrend with a breakout above $110-$113, but the move is now stretched/overbought and vulnerable to a pullback unless it holds the $149.07 high.
Sentiment & News
Key News Insights: ⢠Cloud momentum ⢠Enterprise demand ⢠AI traction Atlassian beat Q4/FY26 estimates on 28% revenue growth, driven by 31% cloud expansion, strong enterprise demand and rising AI adoption, while shares jumped more than 30% despite cautious FY27 guidance; Team, Inc. set its Q2 earnings date.
AI Summary
TEAM has shifted from a dependable secular software compounder to a high-expectation AI/cloud re-rating story, where the stock can work only if Atlassian converts strong cloud momentum and AI adoption into durable monetization and margin expansion without further straining liquidity and leverage.
Description
Atlassian Corporation, founded in 2002 and headquartered in Sydney, develops, licenses and supports a portfolio of software used worldwide to coordinate work, manage services and support software development. Its offerings span project and knowledge management, IT and service desks, developer tooling and enterprise security and administration; flagship products include Jira, Confluence, Trello and Bitbucket alongside enterprise solutions such as Jira Service Management, Jira Align and Atlassian Access. The companyâs products are positioned to connect business and technical teams and to manage the lifecycle from planning and collaboration through deployment and incident response.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Aug 7 | Aug 14 | TEAM | Atlassian Corporation | Atlassian delivered a major 2026-08-06 upside surprise with EPS of $1.87 vs. $1.48 expected and a revenue beat, supported by 32% YoY revenue growth, 29% cloud revenue growth, 37% RPO growth, NRR above 120%, and a post-earnings surge above 30%. | Active | +4.2% |
| May 6 | May 13 | TEAM | Atlassian Corporation | Q3 FY2026 beat expectations, with strong cloud and data-center revenue, reported revenue up 32% YoY to $1.8B, AI/product news support, and about 40% 21-day momentum after the 2026-05-01 earnings breakout. | Closed | -9.2% |