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Atlassian Corporation Plc (TEAM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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271.29+2.16 (+0.80%)
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  • b
    big mike
    27x sales what could go wrong
  • D
    Dean
    does this thing never have a red day 🤔
  • l
    ludovico
    Down because a security issue was found, but it was not exploited and fixed. Will be up in no time
  • Y
    Yahoo Finance Insights
    Atlassian is up 5.49% to 262.11
  • A
    Anonymous
    What happened to team?
  • A
    Anonymous
    Wish I had turned all ark into team
  • a
    asmaib62
    $CYDY conversation
    For the none believers.
    I know what it's like to lose. To feel so desperately that you're right, yet to fail nonetheless. It’s frightening. Turns the legs to jelly. I ask you, to what end? Dread it. Run from it. Destiny arrives all the same. And now, it's here. Or should I say, NADER is our CEO.

    #TEAM NADER!!!
  • R
    Rockou
    SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for the third quarter of fiscal year 2020 ended March 31, 2020 after market close on Thursday, April 30, 2020. Atlassian will host a webcast and conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareholder letter to the Investor Relations section of its website at https://investors.atlassian.com/.
  • j
    jimbo
    I've held a significant (for me) number of shares in Atlassian since IPO. To me current valuation is totally unimportant. However, to those longs who are are made anxious about holding this great software company let me point out some key facts:

    - Atlassian has been around for 20 years, during that time its founding CEOs have built a unique company whose planning horizon is next decade not next quarter, yet it has reliably grown by 20% - 40% every year since inception. This while generating the free cash of a company 10x its size.

    - Early on they discovered, somewhat by accident that most enterprise software companies are really just bloated sales forces that write a bit of code on the side, not only does that create an organization that under-invests in R&D but it creates a corporate culture that that's out to scr*w the customer.

    - By inculcating a corporate culture that's built to last, and focusing simultaneously on delivering customer and (shockingly employee) value they've created a corporate culture that everyone gives lip service to, but very few companies achieve.

    - Atlassian was not even a 'cloud' company until 2013. Just seven years later they are getting rid of their behind-the-firewall products, even though those products are still (by industry standards) extremely profitable and growing. The reason is that to be a cloud service provider the entire company must be focused on that space. Successful cloud is not just, or even primarily, a technology focus but a strategic orientation. That is why Oracle's cloud initiatives are doomed to perpetual failure, the behind the firewall products are simply too profitable, and Larry can't ever see behind those short-term dollar signs.

    - Atlassian can't grow by 30% a year forever, but revenue from their core cloud products grow by about 40% last quarter and they're no where near saturating their target market, which they've always pegged at 1 million customers, nor are they close to fully leveraging their pricing power, which by any metric of enterprise software are cheap.

    As a long I'm actually happy to see Atlassian shares decline on the tail of such a block-buster quarter, because it gives other investors an opportunity to get in and have exposure to one of the great transformative software companies in existence.
  • C
    Chris Usiak
    Wells Fargo starts Atlassian (NASDAQ:TEAM) at Overweight and a price target of $180, a 25% upside. TEAM has a Bullish average Sell Side rating.Last week, TEAM reported Q2 beats with mixed Q3 guidance
    Wells Fargo starts Atlassian (NASDAQ:TEAM) at Overweight and a price target of $180, a 25% upside. TEAM has a Bullish average Sell Side rating.Last week, TEAM reported Q2 beats with mixed Q3 guidance
    seekingalpha.com
  • d
    dunkleman
    Great numbers... beat top/bottom line. Not sure why they issued guidance but, they did...lowered Q4 by a few cents.
  • H
    Horse
    Results are in:

    Quarterly revenue of $430.5 million, up 29% year-over-year

    Quarterly IFRS operating margin of (1)% and non-IFRS operating margin of 19%

    Quarterly cash flow from operations of $123.3 million and free cash flow of $95.7 million

    “We drove strong results in fiscal year 2020, generating $1.6 billion in revenue, up 33% from the prior year,” said Scott Farquhar, Atlassian’s co-founder and co-CEO. “We now serve over 174,000 customers, including more than 150,000 using our cloud products, and made significant progress in transforming Atlassian into a cloud-first global software leader.”

    “Today, we are thrilled to announce the acquisition of Mindville, strengthening our IT market position,” said Mike Cannon-Brookes, Atlassian’s co-founder and co-CEO. “Mindville and our recent acquisition of Halp bolster our growing ITSM portfolio and work management offerings for non-technical teams.”
  • D
    Dick
    For people who follow the collaboration software market, the new ticker symbol may remind them of Atlassian, a company that’s closely associated with Slack and has the symbol TEAM. Last year, Atlassian sold its rival chat service HipChat to Slack in exchange for a stake in the company. Slack says in the prospectus that it has an integration with Atlassian’s Trello service.
    https://www.cnbc.com/2019/05/20/slack-changes-ticker-symbol-to-work-ahead-of-nyse-debut.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
    Does anyone know how much TEAM has in the SLACK ( New symbol WORK ) investment? Link please. Thanks.
    Team collaboration app Slack is now seeking to trade under the symbol "WORK," instead of the symbol it had first applied to use, "SK."
    Team collaboration app Slack is now seeking to trade under the symbol "WORK," instead of the symbol it had first applied to use, "SK."
    www.cnbc.com
  • M
    Milena
    Click Summary and look at the right part of the screen. All related companies down today.
  • M
    MGTOW
    After we started using the Atlassian product suite on our company two years ago I was impressed by the level of adoption in the software development community enough to buy some TEAM stock. Best investment I have ever made.
  • J
    Jill
    A solid keeper for any investment portfolio...owned it since it was $70/sh. and have no interest in ever selling...This will be close $200 by end of the year.
  • F
    First
    Atlassian not too long ago scrapped their slack competitor to partner with slack and in turn received an equity ownership in slack (somewhere in the lines of ~$30m). Should be interesting to see if that partnership continues if it gets acquired by salesforce. Regardless, more good under-the-radar news for $TEAM.
  • R
    RightTurn
    acted real well in the market downturn today.
  • B
    Brian W 3006
    $TWLO conversation
    Since $TEAM beat earnings, now $TWLO has permission to fly past all time highs
  • H
    Heather
    Down over 8% after a great quarter and guidance. Does this make any sense?