Atlassian Corporation (TEAM) is down 5.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver looks like renewed caution ahead of Atlassian’s fiscal fourth-quarter earnings report, scheduled for August 6, 2026, combined with lingering concern about its forward revenue outlook. This could also be a reversal after a recent pre-earnings rally, as investors weigh cloud growth and AI momentum against softer expectations for Data Center revenue and free cash flow.
Details:
Atlassian recently confirmed that it will report fourth-quarter and full-year fiscal 2026 results on August 6, putting management guidance back in focus.In its latest quarterly update, the company pointed to strong cloud growth but also indicated that fourth-quarter Data Center revenue growth is expected to be much slower than earlier in the year as its business mix changes.A recent analyst note cut its price target and trimmed longer-term revenue forecasts, citing more conservative assumptions for Cloud and less Data Center revenue.Atlassian also announced new AI-native software development capabilities in Jira this month, but product news may not have been enough to offset near-term valuation and earnings nerves.Sources:
Atlassian Investor Relations, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$TEAM Insider Trading Activity
$TEAM insiders have traded $TEAM stock on the open market 169 times in the past 6 months. Of those trades, 0 have been purchases and 169 have been sales.
Here’s a breakdown of recent trading of $TEAM stock by insiders over the last 6 months:
- SCOTT FARQUHAR has made 0 purchases and 42 sales selling 45,990 shares for an estimated $5,025,554.
- MICHAEL CANNON-BROOKES (CEO, Co-Founder) has made 0 purchases and 42 sales selling 45,990 shares for an estimated $5,025,545.
- BRIAN DUFFY (Chief Revenue Officer) has made 0 purchases and 30 sales selling 20,357 shares for an estimated $1,766,496.
- JAMES CHUONG (Chief Financial Officer) has made 0 purchases and 9 sales selling 8,838 shares for an estimated $775,513.
- RAJEEV BASHYAM RAJAN (Chief Technology Officer) has made 0 purchases and 11 sales selling 7,081 shares for an estimated $577,842.
- JOSEPH LEO BINZ (Chief Financial Officer) has made 0 purchases and 11 sales selling 4,602 shares for an estimated $375,700.
- GENE LIU (Chief Accounting Officer) has made 0 purchases and 24 sales selling 1,844 shares for an estimated $150,418.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$TEAM Hedge Fund Activity
We have seen 327 institutional investors add shares of $TEAM stock to their portfolio, and 432 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DNB ASSET MANAGEMENT AS added 4,087,510 shares (+102.4%) to their portfolio in Q1 2026, for an estimated $278,972,557
- TWO SIGMA INVESTMENTS, LP added 3,733,168 shares (+408.2%) to their portfolio in Q1 2026, for an estimated $254,788,716
- AQR CAPITAL MANAGEMENT LLC removed 3,599,663 shares (-46.4%) from their portfolio in Q1 2026, for an estimated $245,676,999
- VOYAGER GLOBAL MANAGEMENT LP added 2,500,000 shares (+185.2%) to their portfolio in Q1 2026, for an estimated $170,625,000
- UBS GROUP AG added 2,025,530 shares (+247.1%) to their portfolio in Q1 2026, for an estimated $138,242,422
- POINT72 ASSET MANAGEMENT, L.P. removed 1,933,688 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $131,974,206
- CARMIGNAC GESTION added 1,397,402 shares (+115.8%) to their portfolio in Q1 2026, for an estimated $95,372,686
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$TEAM Analyst Ratings
Wall Street analysts have issued reports on $TEAM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for $TEAM, check out Quiver Quantitative's $TEAM forecast page.
$TEAM Price Targets
Multiple analysts have issued price targets for $TEAM recently. We have seen 18 analysts offer price targets for $TEAM in the last 6 months, with a median target of $117.5.
Here are some recent targets:
- Jason Celino from Keybanc set a target price of $115.0 on 07/08/2026
- Keith Bachman from BMO Capital set a target price of $95.0 on 06/25/2026
- Ittai Kidron from Oppenheimer set a target price of $110.0 on 05/11/2026
- Allan Verkhovski from BTIG set a target price of $130.0 on 05/07/2026
- Raimo Lenschow from Barclays set a target price of $112.0 on 05/07/2026
- Fatima Boolani from Citigroup set a target price of $110.0 on 05/01/2026
- Steve Koenig from Macquarie set a target price of $130.0 on 05/01/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Atlassian Falls as Investors Turn Cautious Ahead of Earnings
Atlassian Corporation (TEAM) is down 5.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver looks like renewed caution ahead of Atlassian’s fiscal fourth-quarter earnings report, scheduled for August 6, 2026, combined with lingering concern about its forward revenue outlook. This could also be a reversal after a recent pre-earnings rally, as investors weigh cloud growth and AI momentum against softer expectations for Data Center revenue and free cash flow.
Details:
Sources:
Atlassian Investor Relations, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$TEAM Insider Trading Activity
$TEAM insiders have traded $TEAM stock on the open market 169 times in the past 6 months. Of those trades, 0 have been purchases and 169 have been sales.
Here’s a breakdown of recent trading of $TEAM stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TEAM Hedge Fund Activity
We have seen 327 institutional investors add shares of $TEAM stock to their portfolio, and 432 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$TEAM Analyst Ratings
Wall Street analysts have issued reports on $TEAM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $TEAM, check out Quiver Quantitative's $TEAM forecast page.
$TEAM Price Targets
Multiple analysts have issued price targets for $TEAM recently. We have seen 18 analysts offer price targets for $TEAM in the last 6 months, with a median target of $117.5.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »