Professional
Added to YB: 2025-12-22
Pitch date: 2025-12-17
TEAM [bullish]
Atlassian Corporation
-0.79%
current return
Author Info
No bio for this author
Company Info
Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide.
Market Cap
$42.6B
Pitch Price
$162.35
Price Target
220.00 (+33%)
Dividend
N/A
EV/EBITDA
-5.7K
P/E
-230.03
EV/Sales
7.52
Sector
Software
Category
growth
BTIG Initiates Atlassian at Buy, $220 Price Target
TEAM: BTIG Buy rating, $220 target. AI disruption risk overblown despite -42% past year. Cloud revenue de-risked w/ mid-20% growth potential through FY26. Multiple growth drivers (seat growth, pricing, migrations, tier upgrades, cross-selling, AI consumption) driving ~120% cloud net expansion rate.
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