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Added to YB: 2025-01-09

Pitch date: 2025-01-06

TEAM [bullish]

Atlassian Corporation

-38.71%

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

$259.72

Price Target

310.00 (+91%)

Dividend

N/A

EV/EBITDA

-5.7K

P/E

-228.27

EV/Sales

7.46

Sector

Software

Category

growth

Show full summary:
Atlassian (TEAM) Projected to Re-Rating, Price Target Raised to $310 by Piper Sandler

TEAM: Piper Sandler PT $310. 20%+ CAGR F'24-F'27 driven by cloud/datacenter growth, server EOL lapping. F'1Q beat, conservative guidance. Margin lift expected. Currently trading at discount vs peers. Top 5 pick for 2025. 400bps revenue growth acceleration in F'26.

Read full article (1 min)