Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
TEAM logo TEAM
Upturn stock ratingUpturn stock rating
TEAM logo

Atlassian Corp Plc (TEAM)

Upturn stock ratingUpturn stock rating
$216.41
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: TEAM (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

AI Based Fundamental Rating

ratingratingratingratingrating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Analysis of Past Performance

Type Stock
Historic Profit 40.52%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 57.11B USD
Price to earnings Ratio -
1Y Target Price 337.99
Price to earnings Ratio -
1Y Target Price 337.99
Volume (30-day avg) 2390109
Beta 0.91
52 Weeks Range 135.29 - 326.00
Updated Date 04/1/2025
52 Weeks Range 135.29 - 326.00
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.34

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -7.22%
Operating Margin (TTM) -4.47%

Management Effectiveness

Return on Assets (TTM) -1.75%
Return on Equity (TTM) -32.59%

Valuation

Trailing PE -
Forward PE 48.78
Enterprise Value 54374377935
Price to Sales(TTM) 11.91
Enterprise Value 54374377935
Price to Sales(TTM) 11.91
Enterprise Value to Revenue 11.34
Enterprise Value to EBITDA 4672.94
Shares Outstanding 163992000
Shares Floating 162940610
Shares Outstanding 163992000
Shares Floating 162940610
Percent Insiders 0.34
Percent Institutions 94.11

Analyst Ratings

Rating 4.17
Target Price 283.83
Buy 7
Strong Buy 14
Buy 7
Strong Buy 14
Hold 9
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Atlassian Corp Plc

stock logo

Company Overview

overview logo History and Background

Atlassian was founded in 2002 in Sydney, Australia by Scott Farquhar and Mike Cannon-Brookes. Initially focused on serving software development teams, it has grown to provide tools for teams of all types. Significant milestones include IPO in 2015, acquisitions of various companies, and expansion of product offerings.

business area logo Core Business Areas

  • Software Development: Offers tools for software development teams, including Jira Software for project tracking, Bitbucket for code management, and Confluence for team collaboration.
  • IT Service Management: Provides Jira Service Management for IT help desks and service request management.
  • Work Management: Includes Trello for visual project management and Jira Work Management for general business team collaboration.
  • Team Collaboration: Provides tools for team collaboration and communication such as Confluence.

leadership logo Leadership and Structure

The co-founders, Scott Farquhar and Mike Cannon-Brookes, serve as Co-CEOs. The company has a typical corporate structure with various departments headed by VPs and other executives.

Top Products and Market Share

overview logo Key Offerings

  • Jira Software: A project tracking tool used by software development teams. It holds a significant market share in the agile project management space, estimated around 20-25%. Competitors include Microsoft Azure DevOps, Asana, and monday.com.
  • Confluence: A team collaboration and documentation tool. Holds a strong market share for team collaboration software. Competitors include Microsoft SharePoint, Google Workspace, and Notion.
  • Trello: A visual project management tool using Kanban boards. Market share is significant within the project management space focused on simple, visual task management. Competitors include Asana, monday.com, and Microsoft Planner.
  • Jira Service Management: IT service management solution. It holds a smaller market share compared to other ITSM platforms. Competitors include ServiceNow, Zendesk, and Freshservice.

Market Dynamics

industry overview logo Industry Overview

The collaboration and project management software industry is experiencing rapid growth, driven by the increasing need for remote work and digital transformation. The market is highly competitive and fragmented.

Positioning

Atlassian is positioned as a leading provider of tools for software development and team collaboration. Its competitive advantages include a strong brand reputation, a large and loyal customer base, and a wide range of integrated products.

Total Addressable Market (TAM)

The TAM for Atlassian's products is estimated to be in the tens of billions of dollars and growing. Atlassian is well-positioned to capture a significant portion of this TAM through its established brand, extensive product suite, and expanding customer base.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Large and loyal customer base
  • Wide range of integrated products
  • Scalable business model
  • Strong focus on product development

Weaknesses

  • Can be perceived as expensive compared to competitors
  • Complexity can be overwhelming for some users
  • Migration to cloud-based solutions may face challenges
  • Reliance on a subscription-based model makes them vulnerable to high churn rates.

Opportunities

  • Expanding into new markets and verticals
  • Developing new products and features
  • Acquiring complementary businesses
  • Leveraging cloud computing and AI
  • Capitalizing on the remote work trend

Threats

  • Intense competition from larger companies
  • Economic downturns
  • Security breaches
  • Changes in technology
  • Decreasing IT budgets

Competitors and Market Share

competitor logo Key Competitors

  • MSFT
  • ASAN
  • SMAR
  • NOW

Competitive Landscape

Atlassian competes with both large and small companies. Its advantages include a strong brand, integrated product suite, and established customer base. Disadvantages include its pricing model and complexity for some users.

Major Acquisitions

Percept.AI

  • Year: 2020
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Strengthens Jira Service Management with AI-powered virtual agent capabilities.

Chartio

  • Year: 2021
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Enhances data analytics and visualization capabilities across Atlassian products.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data would include annual revenue increase percentages and subscriber metrics, if available.

Future Projections: Future growth projections and metrics would go here if available, as estimated by analysts.

Recent Initiatives: Recent strategic initiatives include product enhancements, acquisitions, and partnerships aimed at expanding their product offerings.

Summary

Atlassian is a strong company with a leading position in the collaboration and project management software market. It has a loyal customer base and a wide range of integrated products. However, Atlassian needs to address its pricing model and complexity for some users. It also needs to be aware of increasing competition in the software market.

Similar Companies

ASANratingrating

Asana Inc

$12.64
Mid-Cap Stock
0%
PASS

ASANratingrating

Asana Inc

$12.64
Mid-Cap Stock
0%
PASS

CRMratingrating

Salesforce.com Inc

$270.2
Large-Cap Stock
0%
PASS

CRMratingrating

Salesforce.com Inc

$270.2
Large-Cap Stock
0%
PASS

MSFTratingrating

Microsoft Corporation

$390.58
Large-Cap Stock
0%
PASS

MSFTratingrating

Microsoft Corporation

$390.58
Large-Cap Stock
0%
PASS

NOWratingrating

ServiceNow Inc

$811.62
Large-Cap Stock
0%
PASS

NOWratingrating

ServiceNow Inc

$811.62
Large-Cap Stock
0%
PASS

SMARratingrating

Smartsheet Inc

$56.47
Mid-Cap Stock
31.48%
Consider higher Upturn Star rating
BUY since 135 days

SMARratingrating

Smartsheet Inc

$56.47
Mid-Cap Stock
BUY since 135 days
31.48%
Consider higher Upturn Star rating

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Third-Party Market Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change. Market Share is estimated.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Atlassian Corp Plc

Exchange NASDAQ
Headquaters Sydney, NSW, Australia
IPO Launch date 2015-12-10
Co-Founder, CEO & Director Mr. Michael Cannon-Brookes
Sector Technology
Industry Software - Application
Full time employees 12750
Full time employees 12750

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira, a project management system that connects technical and business teams so they can better plan, organize, track, and manage their work and projects; Confluence, a connected workspace that empowers organizations to create, organize, find, and share information; Loom, an asynchronous video communication tool that helps users communicate through instantly shareable videos; and Trello that captures and adds structure to fluid and fast-forming work for individuals and teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; Jira Product Discovery, a prioritization and road mapping tool; and Compass, a developer portal that provides a unified real-time representation of engineering teams' output in one place. Further, the company's portfolio includes Bamboo, Crowd, Crucible, Fisheye, Opsgenie, Sourcetree, Statuspage, and Atlassian cloud apps. The company was founded in 2002 and is headquartered in Sydney, Australia.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​