Professional
Added to YB: 2024-10-24
Pitch date: 2024-09-30
TEAM [bullish]
Atlassian Corporation
-0.73%
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
$42.3B
Pitch Price
$163.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.7K
P/E
-228.27
EV/Sales
7.46
Sector
Software
Category
growth
Baron Opportunity Fund New Position: Atlassian Corporation
TEAM (new position): Leading software co for collaboration & productivity. Post-cloud migration, well-positioned for cross-selling & expansion. Recent innovations in incident mgmt, project prioritization, AI, & search. Growth bottoming, reacceleration expected. FCF margins to expand. Valuation near 10-yr low. Initiated position on increased confidence in guidance & targets.
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