Atlassian Corp. Stock

Price

Target price

/ Tradegate WKN: A3DUN5 / Name: Atlassian / Stock / Software & IT Services / Large Cap /

Please give a prediction to see the opinions of the community

sharewise uses Wisdom of crowds to gather information regarding a security. Wisdom of crowds works best if you do not see the predictions of others before giving your estimate. Please click one button to see how the community sees this security.

Your prediction

Atlassian Corp. Stock

There is an upward development for Atlassian Corp. compared to yesterday, with an increase of €1.80 (1.400%).

Currently there is a rather positive sentiment for Atlassian Corp. with 4 Buy predictions and 0 Sell predictions.

Based on the current price of 130.2 € the target price of 290 € shows a potential of 122.73% for Atlassian Corp. which would more than double the current price.

For the coming years our community has positive and negative things to say abot the Atlassian Corp. stock. Criterium "Worthwhile Investment for the next years" gathered the most positive votes but regarding "Worthwhile Investment for the next years" there were negative voices in the community.

What does Atlassian do?

Pros and Cons of Atlassian Corp. in the next few years

Pros

M***** P*******

B****

C******** o* t** e**********

Cons

W********* I********* f** t** n*** y****

G***** c******* t* c**********

S********** s********

Tell us your opinion to access the 'Wisdom of the Crowds'

Your Opinion

Legal notice

Performance of Atlassian Corp. vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
Atlassian Corp.
Microsoft Corp.
NortonLifeLock Inc.
Adobe Inc.

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2023-06-12

Upon an initial review of Atlassian's financials, it appears that the company has experienced growth in its operations in recent years. With increasing revenues and investment in research and development, Atlassian seems to be focused on expanding its business operations and maintaining a competitive edge in the industry. However, the company has also reported a consistent net loss in its income statements, raising some concerns about its profitability and financial strength.

Growing Revenues: Atlassian has consistently increased its total revenues over the years, especially between 2020 and 2022. This signals that the company's products and services are well-received by the market and that there is a demand for their software solutions.

Favorable Cash Position: As of March 2023, Atlassian holds a substantial amount of cash and short-term investments, amounting to $1.98 billion. This sizeable liquidity provides the company with the necessary resources to invest further in research, development, and other growth opportunities.

Feedback