1-Nov-2024
TEAM Bullish Calendar Call Spread with 321% Upside
Market Chameleon (Fri, 1-Nov 1:43 PM ET)
What's Going On Atlassian Shares Friday?
Benzinga (Fri, 1-Nov 12:04 PM ET)
Biggest stock movers Friday: AMZN, INTC, ABT, and more
Seeking Alpha News (Fri, 1-Nov 11:00 AM ET)
Atlassian surges after Q1 results and outlook keep Wall Street bullish
Seeking Alpha News (Fri, 1-Nov 9:39 AM ET)
Benzinga (Fri, 1-Nov 9:15 AM ET)
Wall Street Analysts Are Bullish on Top Technology Picks
TipRanks (Fri, 1-Nov 9:10 AM ET)
Atlassian (TEAM): New Buy Recommendation for This Technology Giant
TipRanks (Fri, 1-Nov 8:11 AM ET)
Analysts’ Top Technology Picks: SolarWinds (SWI), Atlassian (TEAM)
TipRanks (Fri, 1-Nov 7:50 AM ET)
Truist Financial Reaffirms Their Hold Rating on Atlassian (TEAM)
TipRanks (Fri, 1-Nov 7:38 AM ET)
Atlassian’s Mixed Performance and Cautious Outlook Lead to Hold Rating
TipRanks (Fri, 1-Nov 7:35 AM ET)
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Atlassian - Class A trades on the NASDAQ stock market under the symbol TEAM.
As of November 1, 2024, TEAM stock price climbed to $224.35 with 9,024,674 million shares trading.
TEAM has a beta of 1.11, meaning it tends to be more sensitive to market movements. TEAM has a correlation of 0.09 to the broad based SPY ETF.
TEAM has a market cap of $58.45 billion. This is considered a Large Cap stock.
Last quarter Atlassian - Class A reported $1 billion in Revenue and $.77 earnings per share. This beat revenue expectation by $38 million and exceeded earnings estimates by $.13.
In the last 3 years, TEAM traded as high as $454.95 and as low as $113.86.
The top ETF exchange traded funds that TEAM belongs to (by Net Assets): RAYD, VTI, QQQ, VO, VXF.
TEAM has underperformed the market in the last year with a return of +26.1%, while SPY returned +36.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TEAM shares. However, TEAM has outperformed the market in the last 3 month and 2 week periods, returning +29.5% and +17.0%, while SPY returned +5.5% and -2.3%, respectively. This indicates TEAM has been having a stronger performance recently.
TEAM support price is $183.88 and resistance is $193.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TEAM shares will trade within this expected range on the day.