Atlassian Corporation - Class A Common Stock (TEAM)
225.82
-13.04 (-5.46%)
Atlassian Corp is a software development company that specializes in collaborative tools and solutions for teams
Known for its flagship products like Jira, Confluence, and Trello, Atlassian provides platforms that facilitate project management, team collaboration, and agile development. The company’s offerings are designed to enhance productivity and streamline workflow for organizations of various sizes, enabling them to plan, track, and manage their projects more effectively. With a focus on fostering collaboration and communication, Atlassian serves a diverse clientele across multiple industries, empowering teams to work together seamlessly, regardless of location.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Shares of IT project management software company, Atlassian (NASDAQTEAM)
fell 7.4% in the afternoon session as markets tumbled after holding steady the previous day, while concerns over the ongoing trade war continued to spread. Investors briefly felt some optimism after the Trump administration said it would hold off on tariffs for automakers that met USMCA (United States-Mexico-Canada Agreement) rules. That helped the auto sector in particular, and there was perhaps some hope that the door was open to more broadly delaying tariffs. The sentiment seemed to be shifting in the other direction today, and the market is in 'risk-off' mode, with sectors such as tech seeing outsized declines.
As of this writing, the S&P 500 had fallen 7% from where it closed on February 19th and the Nasdaq Composite dropped 10% over the same period.
Slack, Salesforce's workplace communication platform, is experiencing an outage Wednesday. Launched in 2014, Slack is a leading business messaging tool.
Office and call centre communications software provider RingCentral (NYSERNG)
will be reporting results tomorrow after the bell. Here’s what to expect.
Williams Racing and Atlassian are thrilled to announce a long-term title partnership that will usher in a new era for the iconic Formula 1 team as Atlassian Williams Racing.
Analyst Steve Koenig expects Atlassian to maintain its 2025 momentum, citing the stability in the quarterly revenue trends and the proposed 15%-25% data center price increases.
Software company Atlassian posted impressive fiscal Q2 2025 results, and the market rewarded the stock greatly. But, is there still room for the stock to run
The top 10 best performing large-cap stocks in the last week were Atlassian, Royal Caribbean, IBM, GitLab, Check Point, RBC Bearings, Alibaba, Duolingo, Franklin Resources, and Cloudflare.
Shares of IT project management software company, Atlassian (NASDAQTEAM)
jumped 22% in the pre-market session after the company reported strong fourth-quarter (Q2 FY25) results, which reflected stabilization in the mid-market, improved enterprise execution, and continued adoption of its cloud platform. Fourth quarter results blew past analysts' estimates for key top-line metrics, including billings, and revenue. Notably, the company recorded a convincing beat in cloud revenue, which is a key focus of the market, and raised its FY25 Cloud growth forecast to approximately 26.5% (vs. previous guidance of 24%). Growth in the data center segment also exceeded Wall Street's expectations as the company observed more large deals and renewals. Adding to the good news was that revenue guidance for next quarter came in higher than Wall Street's estimates. Zooming out, we think this was a very solid quarter.
