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Atlassian Corp has a consensus price target of $236.17 based on the ratings of 25 analysts. The high is $300 issued by Jefferies on November 14, 2024. The low is $147 issued by Macquarie on November 4, 2022. The 3 most-recent analyst ratings were released by Jefferies, Wells Fargo, and Keybanc on November 14, 2024, November 1, 2024, and November 1, 2024, respectively. With an average price target of $286.67 between Jefferies, Wells Fargo, and Keybanc, there's an implied 15.72% 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 Jefferies on November 14, 2024. The analyst firm set a price target for $300.00 expecting TEAM to rise to within 12 months (a possible 21.10% upside). 50 analyst firms have reported ratings in the last year.
The latest analyst rating for Atlassian (NASDAQ:TEAM) was provided by Jefferies, and Atlassian maintained their buy rating.
The last upgrade for Atlassian Corp happened on November 1, 2024 when Keybanc raised their price target to $260. Keybanc previously had a sector weight 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Atlassian (TEAM) rating was a maintained with a price target of $280.00 to $300.00. The current price Atlassian (TEAM) is trading at is $247.73, which is out of the analyst’s predicted range.
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