Capital One Financial Weighs in on Atlassian FY2026 Earnings

Atlassian Corporation PLC (NASDAQ:TEAM) – Investment analysts at Capital One Financial decreased their FY2026 earnings estimates for shares of Atlassian in a report issued on Tuesday, July 15th. Capital One Financial analyst C. Murphy now forecasts that the technology company will earn $0.06 per share for the year, down from their prior estimate of $0.12. Capital One Financial has a “Equal Weight” rating and a $211.00 price objective on the stock. The consensus estimate for Atlassian’s current full-year earnings is ($0.34) per share. Capital One Financial also issued estimates for Atlassian’s FY2026 earnings at $0.06 EPS.

Atlassian (NASDAQ:TEAM) last announced its quarterly earnings results on Thursday, May 1st. The technology company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Atlassian had a negative return on equity of 23.41% and a negative net margin of 8.66%. Atlassian’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 EPS.

Several other equities research analysts also recently commented on the company. UBS Group reissued a “hold” rating on shares of Atlassian in a report on Monday, July 7th. Barclays cut their price objective on Atlassian from $350.00 to $260.00 and set an “overweight” rating for the company in a report on Monday, May 5th. BMO Capital Markets cut their price target on Atlassian from $295.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Jefferies Financial Group cut their price target on Atlassian from $330.00 to $262.00 and set a “buy” rating for the company in a report on Monday, April 7th. Finally, Canaccord Genuity Group cut their price target on Atlassian from $300.00 to $255.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Five equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Atlassian has a consensus rating of “Moderate Buy” and an average target price of $279.81.

Atlassian Trading Up 2.2%

NASDAQ:TEAM opened at $194.86 on Friday. Atlassian has a twelve month low of $135.29 and a twelve month high of $326.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average price of $206.33 and a two-hundred day moving average price of $231.87. The company has a market cap of $51.15 billion, a P/E ratio of -117.39 and a beta of 0.94.

Insider Activity at Atlassian

In other Atlassian news, CEO Michael Cannon-Brookes sold 7,948 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $222.47, for a total value of $1,768,191.56. Following the transaction, the chief executive officer directly owned 143,064 shares of the company’s stock, valued at approximately $31,827,448.08. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott Farquhar sold 7,948 shares of the business’s stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $206.80, for a total value of $1,643,646.40. Following the completion of the transaction, the director directly owned 174,856 shares in the company, valued at approximately $36,160,220.80. This trade represents a 4.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 447,725 shares of company stock worth $93,163,341. Insiders own 38.55% of the company’s stock.

Institutional Investors Weigh In On Atlassian

Several institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its stake in Atlassian by 37.7% in the 1st quarter. Farther Finance Advisors LLC now owns 369 shares of the technology company’s stock valued at $80,000 after purchasing an additional 101 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Atlassian by 42.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,240 shares of the technology company’s stock valued at $900,000 after purchasing an additional 1,259 shares during the period. Principal Financial Group Inc. grew its stake in Atlassian by 350.1% in the 1st quarter. Principal Financial Group Inc. now owns 51,900 shares of the technology company’s stock valued at $11,014,000 after purchasing an additional 40,369 shares during the period. Allspring Global Investments Holdings LLC grew its stake in Atlassian by 47,387.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,799 shares of the technology company’s stock valued at $822,000 after purchasing an additional 3,791 shares during the period. Finally, Amalgamated Bank lifted its position in shares of Atlassian by 6.1% during the 1st quarter. Amalgamated Bank now owns 11,360 shares of the technology company’s stock valued at $2,411,000 after buying an additional 650 shares during the last quarter. Institutional investors own 94.45% of the company’s stock.

Atlassian Company Profile

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, 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 organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.