Added to YB: 2024-06-26
Pitch date: 2024-06-26
TEAM [bullish]
Atlassian Corporation
-5.6%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
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
$171.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.7K
P/E
-228.27
EV/Sales
7.46
Sector
Software
Category
growth
Atlassian Corporation (TEAM): Growth Potential in Cloud and Enterprise Solutions
TEAM: Strong cloud migration, price uplift potential. High switching costs, consistent price hikes. Server to data center/cloud shift = big revenue boost. Marketplace apps costlier on cloud. Jira criticized but hard to replace due to functionality, data ecosystem. Competing well vs MNDY, challenges vs NOW. Focus on cloud growth yielding results.
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