Atlassian (NASDAQ:TEAM) Posts Earnings Results, Misses Estimates By $0.85 EPS

Atlassian (NASDAQ:TEAM) posted its quarterly earnings results on Thursday. The technology company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.85), Zacks reports. Atlassian had a negative net margin of 8.59% and a negative return on equity of 23.35%. Atlassian updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Atlassian Price Performance

Shares of TEAM opened at $306.78 on Friday. Atlassian has a 1-year low of $135.29 and a 1-year high of $324.37. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.96. The firm’s 50 day simple moving average is $260.51 and its 200 day simple moving average is $208.06.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. William Blair restated an “outperform” rating on shares of Atlassian in a research note on Friday. Cantor Fitzgerald boosted their target price on Atlassian from $264.00 to $304.00 and gave the company a “neutral” rating in a research note on Friday. Mizuho increased their price target on Atlassian from $285.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday. KeyCorp boosted their price objective on Atlassian from $315.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday. Finally, BMO Capital Markets upgraded shares of Atlassian from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $255.00 to $292.00 in a research report on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $307.00.

Insiders Place Their Bets

In other news, Director Scott Farquhar sold 7,948 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $270.63, for a total value of $2,150,967.24. Following the completion of the transaction, the director now directly owns 333,816 shares in the company, valued at approximately $90,340,624.08. This represents a 2.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Heather Mirjahangir Fernandez sold 3,000 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $275.00, for a total value of $825,000.00. Following the transaction, the director now owns 5,610 shares in the company, valued at $1,542,750. This trade represents a 34.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 257,156 shares of company stock valued at $65,313,573 in the last quarter. Corporate insiders own 38.55% of the company’s stock.

Atlassian Company Profile

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.