Atlassian (TEAM) to Release Quarterly Earnings on Thursday

Atlassian (NASDAQ:TEAM) is expected to be posting its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect Atlassian to post earnings of $1.12 per share and revenue of $1.5442 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Atlassian (NASDAQ:TEAM) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.83 by $0.21. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.40 billion. Atlassian had a negative return on equity of 7.11% and a negative net margin of 3.38%.The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. On average, analysts expect Atlassian to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Atlassian Trading Up 0.7%

Shares of NASDAQ TEAM opened at $134.76 on Thursday. Atlassian has a 1-year low of $115.53 and a 1-year high of $326.00. The business has a fifty day moving average price of $150.02 and a 200 day moving average price of $162.32. The stock has a market capitalization of $35.46 billion, a P/E ratio of -189.80, a price-to-earnings-growth ratio of 20.73 and a beta of 0.88. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26.

Wall Street Analyst Weigh In

Several research firms have commented on TEAM. Mizuho decreased their price target on shares of Atlassian from $245.00 to $225.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. TD Cowen reduced their price objective on shares of Atlassian from $205.00 to $175.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group set a $262.00 target price on shares of Atlassian in a research report on Thursday, January 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Atlassian in a research note on Wednesday, January 21st. Finally, Robert W. Baird reduced their price target on Atlassian from $230.00 to $170.00 and set an “outperform” rating on the stock in a research report on Monday. Twenty-one analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Atlassian has a consensus rating of “Moderate Buy” and an average target price of $231.54.

Key Stories Impacting Atlassian

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Renewed Williams F1 partnership — Atlassian extended its long-term, fan-first sponsorship with the Williams F1 team, which supports global brand visibility and marketing momentum. Read More.
• Positive Sentiment: Sparco sponsorship added to F1 program — Sparco joined as the official racewear and technical apparel supplier for the Atlassian‑Williams F1 partnership, furthering co-marketing and brand exposure initiatives. Read More.
• Neutral Sentiment: Short-interest data is inconsistent across reports — some entries show a sizable January increase (≈7.49M shares, ~4.5% short interest, ~2.1 days to cover) while others report zero; data reliability is unclear, so short activity is not a confirmed driver based on these releases.
• Neutral Sentiment: Media coverage summarizes the mix of items pressuring shares today (insider sales, analyst action, lawsuit probe) and helps explain intraday volatility. Read More.
• Neutral Sentiment: Institutional moves: several hedge funds adjusted stakes in Q4 (some added exposure, others rebalanced). High institutional ownership (≈94%) can amplify moves but does not single-handedly predict direction.
• Negative Sentiment: Insider selling by founders/executives — CEO Michael Cannon‑Brookes and co‑founder/director Scott Farquhar each sold multiple blocks (7,665 shares at ~ $136.93 in the most recent filing), trimming their stakes by ~2.2%; repeated founder sales through January are a near‑term negative signal for sentiment. Read More.
• Negative Sentiment: Analyst action: Robert W. Baird trimmed its price target (lowering upside from $230 to $170), which reduces consensus near‑term upside and can pressure the stock. Read More.
• Negative Sentiment: Investor litigation probe: Pomerantz LLP announced an investigation into Atlassian, which raises legal risk and tends to weigh on sentiment until resolved. Read More.

Insider Buying and Selling at Atlassian

In other Atlassian news, Director Scott Farquhar sold 7,665 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $167.61, for a total value of $1,284,730.65. Following the completion of the transaction, the director owned 314,265 shares of the company’s stock, valued at approximately $52,673,956.65. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Anutthara Bharadwaj sold 9,847 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $152.46, for a total transaction of $1,501,273.62. Following the sale, the president directly owned 242,092 shares in the company, valued at $36,909,346.32. This trade represents a 3.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 551,049 shares of company stock worth $84,075,059. 36.66% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new position in Atlassian in the 3rd quarter worth approximately $1,925,000. Danske Bank A S purchased a new stake in shares of Atlassian in the 3rd quarter valued at $13,004,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Atlassian by 12.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 584,264 shares of the technology company’s stock worth $93,307,000 after acquiring an additional 66,306 shares during the period. Morningstar Investment Management LLC purchased a new position in shares of Atlassian during the third quarter worth $2,826,000. Finally, Optimist Retirement Group LLC lifted its position in Atlassian by 16.1% during the third quarter. Optimist Retirement Group LLC now owns 1,678 shares of the technology company’s stock valued at $268,000 after purchasing an additional 233 shares during the period. 94.45% of the stock is currently owned by hedge funds and other institutional investors.

Atlassian Company Profile

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.