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Atlassian Corp has a consensus price target of $221.67 based on the ratings of 27 analysts. The high is $330 issued by Cowen & Co. on January 28, 2022. The low is $147 issued by Macquarie on November 4, 2022. The 3 most-recent analyst ratings were released by Barclays, Scotiabank, and BMO Capital on August 5, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $200.67 between Barclays, Scotiabank, and BMO Capital, there's an implied 23.05% 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 Barclays on August 5, 2024. The analyst firm set a price target for $250.00 expecting TEAM to rise to within 12 months (a possible 53.30% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Atlassian (NASDAQ:TEAM) was provided by Barclays, and Atlassian maintained their overweight rating.
The last upgrade for Atlassian Corp happened on August 2, 2024 when Goldman Sachs raised their price target to $230. Goldman Sachs previously had a neutral 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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest Atlassian (TEAM) rating was a maintained with a price target of $275.00 to $250.00. The current price Atlassian (TEAM) is trading at is $163.08, which is out of the analyst’s predicted range.
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