Atlassian Corporation Class A Common Stock (TEAM)
Atlassian 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
Wall Street analysts predict significant recovery potential for three stocks: Intuitive Surgical, Atlassian, and Sprouts Farmers Market, despite recent price corrections, with expected upside ranging from 36% to 51%.
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.
Round Barn Labs introduces TruPartner Scoreâ„¢, a proprietary AI-driven algorithm designed to help tech brands find authentic and high-performing marketing partners by analyzing over 10,000 potential affiliates and influencers using multiple data points.
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.
