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Jira, Confluence, and Bitbucket are Atlassian’s main tools that help teams plan projects, document work, and manage code. The software is offered via cloud subscriptions or on‑premises, and revenue comes from licenses, support, and training. It works by providing an integrated workspace where teams can organize tasks, share documents, and collaborate on code, with workflows that automate steps and connect with other tools. The company differentiates itself through a broad, connected suite that covers project management, collaboration, and development in one place, with options for scalable deployment across many industries and AI features for media management. Its goal is to help organizations operate more efficiently and coordinate teamwork at scale using flexible, customizable software and services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
2002
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Health insurance
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Long-term disability insurance
Retirement savings plans
Paid time off
Catered lunches, wellness reimbursements, onsite fitness
Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced it has entered into a definitive ag...
Atlassian shares rose 3% in pre-market trading to $185.12 on Monday as software stocks outperformed semiconductor shares. The move came amid broader market concerns about AI development pace, with chip stocks facing selling pressure. The company recently reported fourth-quarter earnings per share of $1.87, beating analyst estimates of $1.50. Revenue reached $1.766 billion, exceeding expectations of approximately $1.66 billion. Several Wall Street firms raised their price targets following the results. Citi increased its target to $225, Bank of America to $210, and BTIG to $230, all maintaining buy ratings. The gains came as major indices traded lower, with the Nasdaq down 1.9% and the S&P 500 declining 0.8%.
Two software stocks are on investors' watchlists whilst one faces headwinds, according to recent analysis. PubMatic, valued at $791 million, is flagged as a sell due to customer churn reflected in its 96% net revenue retention rate and increasingly competitive market conditions requiring higher sales and marketing spend. HubSpot, worth $11.28 billion, shows promise with 20% annual revenue growth over two years and an 83.2% gross margin. The company maintains steady long-term contract flows, trading at 2.8x forward price-to-sales at $224.65 per share. Atlassian, valued at $41.26 billion, also features on the watchlist. The company provides collaboration and knowledge-sharing tools for teams. Investors are advised to exercise caution as AI threatens to commoditise many software products.
Plato Investment Management Ltd bought a new stake in shares of Atlassian Corporation PLC (NASDAQ:TEAM – Free Report) in the 2nd quarter, Holdings Channel reports. The firm bought 16,434 shares of the technology company’s stock, valued at approximately $1,271,000. Several other hedge funds and other institutional investors have also recently modified their holdings of the […]
Atlassian and Cloudflare delivered strong earnings results, pushing back against fears of a "SaaSpocalypse" in enterprise software. Atlassian beat Wall Street forecasts with adjusted earnings per share of $1.87 versus expected $1.50. The company's Remaining Performance Obligations surged 44% year-over-year to $4.8 billion. Atlassian's CEO plans to personally purchase up to $250 million in company stock. Cloudflare reported second-quarter revenue of $696.1 million, up 36% year-over-year, beating expectations of $666 million. Management raised its full-year 2026 revenue guidance to $2.864 billion–$2.870 billion from $2.805 billion–$2.813 billion. The results counter recent disappointing performances from companies like Datadog, Figma, and HubSpot that had sparked concerns about shrinking corporate IT budgets.