Atlassian Corporation Class A Common Stock
TEAMAtlassian Corporation, traded under the ticker TEAM, is an enterprise software company known for its collaboration and productivity tools. Founded in 2002 in Australia, it develops software solutions like Jira, Confluence, and Trello that facilitate project management, team communication, and workflow organization. Atlassian's products are widely used by software development teams, IT departments, and project managers worldwide to streamline collaboration and improve efficiency.
Company News
The tech sector continues to perform strongly in 2025, with the Technology Select Sector SPDR Fund returning nearly 25% year-to-date. Three tech stocks with significant upside potential are HubSpot, Nebius Group, and Atlassian, each showing unique strengths in AI and growth strategies.
The global IT Service Management Market is projected to grow from USD 14.77 billion in 2025 to USD 47.88 billion by 2032, driven by digital transformation, cloud adoption, and AI-driven service delivery, with a CAGR of 15.94%.
The Motley Fool is a financial services company founded in 1993, providing investing solutions, market analysis, and financial education to millions of people monthly through various platforms.
Multiple large-cap tech and investment stocks experienced significant declines last week, with CoreWeave, Fair Isaac, Mobileye, and Atlassian among the top losers due to various factors including acquisitions, stock offerings, and analyst downgrades.
Atlassian reported Q4 FY24 results, with earnings beating estimates and revenues matching. The company saw strong growth in cloud and data center segments, but its operating margin declined. Atlassian provided guidance for Q1 FY25 and the full fiscal year.
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