Professional
Added to YB: 2024-05-30
Pitch date: 2024-04-12
TEAM [bullish]
Atlassian Corporation
-61.2%
current return
Author Info
No bio for this author
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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
$25.0B
Pitch Price
$206.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.8K
P/E
-131.29
EV/Sales
4.28
Sector
Software
Category
growth
Show full summary:
Parnassus Mid Cap Growth Fund New Position: Atlassian Corporation
TEAM: Leading software for IT project collaboration. Cloud migration causing temporary headwinds but unlocking long runway for growth. Expect margin rebound post-transition. Wide moat with Jira as industry standard. Attractive entry valuation amid volatility from cloud shift.
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