On May 2, 2025, UBS analyst Karl Keirstead announced an update on the stock of Atlassian (TEAM, Financial). The investment firm decided to maintain its current "Neutral" rating for the company.
In the latest analysis, the price target for Atlassian (TEAM, Financial) was adjusted downward by UBS. The new price target is set at $215.00 USD, down from the prior target of $230.00 USD. This adjustment reflects a price target percentage change of -6.52%.
UBS's continued "Neutral" stance indicates that the investment firm sees no strong buy or sell signals at the moment for Atlassian (TEAM, Financial), despite the lowered price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for Atlassian Corp (TEAM, Financial) is $287.84 with a high estimate of $420.00 and a low estimate of $225.00. The average target implies an upside of 38.07% from the current price of $208.48. More detailed estimate data can be found on the Atlassian Corp (TEAM) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, Atlassian Corp's (TEAM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Atlassian Corp (TEAM, Financial) in one year is $320.61, suggesting a upside of 53.78% from the current price of $208.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Atlassian Corp (TEAM) Summary page.