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Atlassian Corp has a consensus price target of $263.78 based on the ratings of 24 analysts. The high is $350 issued by Wells Fargo on December 5, 2024. The low is $150 issued by Berenberg on June 29, 2023. The 3 most-recent analyst ratings were released by Citigroup, Cantor Fitzgerald, and Morgan Stanley on January 17, 2025, January 16, 2025, and January 16, 2025, respectively. With an average price target of $293 between Citigroup, Cantor Fitzgerald, and Morgan Stanley, there's an implied 15.99% upside for Atlassian Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Atlassian (NASDAQ:TEAM) was reported by Citigroup on January 17, 2025. The analyst firm set a price target for $300.00 expecting TEAM to rise to within 12 months (a possible 18.76% upside). 60 analyst firms have reported ratings in the last year.
The latest analyst rating for Atlassian (NASDAQ:TEAM) was provided by Citigroup, and Atlassian maintained their buy rating.
The last upgrade for Atlassian Corp happened on January 10, 2025 when BMO Capital raised their price target to $292. BMO Capital previously had a market perform for Atlassian Corp.
The last downgrade for Atlassian Corp happened on August 2, 2024 when Baird changed their price target from $230 to $175 for Atlassian Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Atlassian, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Atlassian was filed on January 17, 2025 so you should expect the next rating to be made available sometime around January 17, 2026.
While ratings are subjective and will change, the latest Atlassian (TEAM) rating was a maintained with a price target of $255.00 to $300.00. The current price Atlassian (TEAM) is trading at is $252.60, which is out of the analyst’s predicted range.
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