Atlassian Corp. Stock
€172.78
Your prediction
Atlassian Corp. Stock
Pros and Cons of Atlassian Corp. in the next few years
Pros
Cons
Performance of Atlassian Corp. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Atlassian Corp. | 2.980% | 4.601% | 18.962% | 8.326% | -20.743% | -21.624% | 42.793% |
LYFT Inc | -0.910% | -6.667% | -14.018% | 31.003% | -9.404% | -76.515% | - |
NortonLifeLock Inc. | -0.880% | -2.564% | -3.390% | 37.102% | 9.615% | -0.393% | 2.564% |
Microsoft Corp. | 0.910% | 3.319% | 10.621% | 38.249% | 26.842% | 83.920% | 253.617% |
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.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.
Comments
News
1 Former Software Stock Darling Keeps Tanking -- Time to Buy the Dip?
Work management software leader Atlassian (NASDAQ: TEAM) has been a great example of a business that has grown in grand fashion, but delivered little in the way of positive shareholder returns
Should You Buy MongoDB, Snowflake, and Atlassian at Their 52-Week Lows?
Just a week after the S&P 500 hit its latest all-time high, software stocks MongoDB (NASDAQ: MDB), Snowflake (NYSE: SNOW), and Atlassian (NASDAQ: TEAM) all hit new 52-week lows on May 31. Software
My Top ETF to Buy the Dip in Slumping Software Stocks Like Salesforce
Salesforce (NYSE: CRM) stock got clobbered on May 30, a day after posting weak second-quarter fiscal 2025 guidance. Salesforce and other top software stocks -- from Adobe to Workday, Atlassian