TEAM - Atlassian Corporation Plc

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
126.07
-3.08 (-2.38%)
As of 1:22PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close 129.15
Open 125.85
Bid 125.45 x 900
Ask 125.98 x 1800
Day's Range 124.60 - 127.33
52 Week Range 60.39 - 131.99
Volume 1,112,496
Avg. Volume 1,769,895
Market Cap 30.391B
Beta (3Y Monthly) 1.51
PE Ratio (TTM) N/A
EPS (TTM) N/A
Earnings Date N/A
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date N/A
1y Target Est N/A
Trade prices are not sourced from all markets
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  • Atlassian shares hit a record after Goldman analysts recommend buying the stock
    CNBC 11 days ago

    Atlassian shares hit a record after Goldman analysts recommend buying the stock

    Atlassian shares hit an all-time high on Thursday after Goldman Sachs recommended buying the stock and lifted its price target.

  • Benzinga 11 days ago

    Goldman Sachs Upgrades Atlassian, Encouraged By Outlook

    The fourth-quarter consensus billings estimate for Atlassian Corporation PLC (NASDAQ: TEAM ) reflects low deferred revenue expectations and appears conservative, according to Goldman Sachs. The Analyst ...

  • Atlassian Corporation (TEAM) Surges: Stock Moves 5.9% Higher
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  • Twilio Setting Records After Earnings, But Buyer Beware
    InvestorPlace 19 days ago

    Twilio Setting Records After Earnings, But Buyer Beware

    Twilio (NYSE:TWLO) stock management reported earnings last night, and the stock has been active since then. Traders initially sold the stock down on the headline in a knee-jerk reaction but then it flipped green. This morning TWLO is holding the rally -- it's up almost 5%. So clearly the news was indeed more good than bad.Source: Web Summit Via FlickrWhat makes this pop impressive is that the stock came into the earnings event already up 52% year-to-date. This is double that of the Nasdaq Invesco QQQ Trust (NASDAQ:QQQ). This differential is even more pronounced farther back in time. Twilio is up over 200% in 12 months. Compare this to the QQQ, which is up 18%. Clearly, the buyers are in charge of this stock.When a stock is at or near all-time highs, the setup for an upside reaction to earnings is difficult. So the greens today, if they hold, are a testament to the respect that Wall Street has for the stock. Now the onus is on management to continue to execute on its plans this well going forward, so that it continues to prove worthy of the trust that investors have in it.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe report card was strong. They beat expectations and guided stronger forward. Revenues grew 80% to $233 million when investors were only expecting $223 million. This is a proper result for a growth stock as the company continues to grow the top line. How to Trade TWLO StockSo is it a buy here? Not exactly. I call stocks like this too high to chase and too hot to short.This is a case where your next move totally depends on your time frame. If the intent is to own these shares for a long time, then there is no sense trying to snipe the perfect entry point -- but up here at all-time highs, it's not an obvious entry point into Twilio stock.This is not a negative statement against the company's prospects, just a caution against the price action from here. Ideally, it would be better to wait for a pull back to $125 per share but the traders may not allow for it for a long while.Fundamentally, Twilio is not cheap. This is a tech stock that sells at 26 times sales. Compare that with the original cloud company, Salesforce.com (NYSE:CRM), which sells at only 10 times sales. And remember, CRM stock is not cheap either so I am not comparing TWLO to a bargain. Salesforce's trailing price-to-earnings ratio is 115, which is more than most mega-cap stocks -- even Amazon (NASDAQ:AMZN).In summary, buying TWLO stock at all time highs requires a lot of faith in the future of the markets in general and in this sector. So the safer bet is to wait for a better entry point perhaps near $125 per share. Otherwise, if not already long it, it's okay to admit that the trader missed this trade.Most analysts who cover the stock rate TWLO as a buy as it trades towards the upper end of their price target ranges, so they will need to reset their targets higher or downgrade it soon enough. And that, too, could be a price driver.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers -- And Hurt Its Business Compare Brokers The post Twilio Setting Records After Earnings, But Buyer Beware appeared first on InvestorPlace.

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  • Thomson Reuters StreetEvents 27 days ago

    Edited Transcript of TEAM earnings conference call or presentation 17-Apr-19 9:00pm GMT

    Q3 2019 Atlassian Corp PLC Earnings Call

  • American City Business Journals 29 days ago

    Modern Workplaces: Atlassian offers beer on tap, a reflection room with a foot wash basin and more

    San Francisco-based enterprise software company packs a range of features in its expansive Financial District headquarters.

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  • Atlassian's Adjusted Earnings Soar
    Motley Fool last month

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    The software company continues to grow at a robust pace.

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  • The Zoom IPO Goes Boom
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    The Zoom IPO Goes Boom

    I've met with Zoom Video Communications' (NASDAQ:ZM) CEO and founder Eric Yuan several times. He's soft spoken and humble. He also has a laser focus on his customers (keep in mind that the company's Net Promoter Score (NPS) is over 70, which is exceptional).Source: Shutterstock No doubt, Yuan's efforts have paid off in a big way. Today the company launched its IPO and yes, it's a mega offering. The ZOOM IPO priced 20.9 million shares at $36, which was after there were two increases in the range. In the deal, Salesforce.com (NYSE:CRM) agreed to invest $100 million. ZOOM also has some other notable strategic investors like Atlassian (NASDAQ:TEAM) and Dropbox (NASDAQ:DBX).The valuation? Well, the ZOOM IPO is now at $15.8 billion, with the stock up 75% on its opening. By comparison, the valuation was $1 billion in early 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe ZOOM IPO comes on a day when Pinterest (NYSE:PINS) pulled off its own offering. That company priced 75 million shares at $19 and so far in today's trading, the stock is up 22%.And it's a good bet we'll see more new IPOs come to market in the coming months, such as Uber, Slack and Palantir. Background on the ZOOM IPOAs a college student in China during the 1980s, Yuan wanted to use technology to communicate with his girlfriend (by the way, she is now his wife!) This is why he was so attracted to WebEx, which he jointed as a founding engineer in 1997. He got a quick education on what it's like to be a part of a hyper growth company. * 5 Dividend Stocks Perfect for Retirees But when Cisco (NASDAQ:CSCO) acquired WebEx, things changed -- and not for the better. Yuan provided many ideas to improve the product but there was tepid interest. So in 2011, he left to start Zoom.His obsession was with creating the best product possible. As a result, there was little energy devoted to marketing. In fact, it was not until a few years ago that Zoom put together a marketing team.As of now, Zoom is a full-on platform that allows for rich video, voice, chat and content sharing. It is a native cloud system -- that involves a custom multimedia router -- which has demonstrated much better performance than legacy applications. The goal: to make Zoom meetings better than in-person meetings.Now, a key to the success of Zoom is that it is inherently viral. According to the S-1: "Our rapid adoption is driven by a virtuous cycle of positive user experiences. Individuals typically begin using our platform when a colleague or associate invites them to a Zoom meeting. When attendees experience our platform and realize the benefits, they often become paying customers to unlock additional functionality."This has translated into strong financials. From fiscal 2017 to 2019, revenues soared from $60.8 million to $330.5 million. Oh, and ZOOM is profitable. Last year, the net income came to $7.6 million and cash flow from operations was a hefty $51.3 million.The market opportunity is also enormous. Based on research from IDC, the spending on ZOOM's main categories are forecasted to reach $43.1 billion by 2022. Bottom Line on the ZOOM IPOWhile Zoom is a great company and is likely to see continued robust growth, the valuation remains at nosebleed levels. Consider that the price-to-sales multiple is around 47X. Actually, this is at levels for red-hot cannabis stocks!OK then, so what now for the ZOOM IPO? It's really tough to tell. However, it seems clear that the stock is priced for perfection. And yes, this can set investors up for disappointment. Just look at what happened with the Snap (NYSE:SNAP) IPO.In other words, when looking at ZOOM right now, it's best to be cautious.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post The Zoom IPO Goes Boom appeared first on InvestorPlace.

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  • Atlassian Breaks Down From Support After Mixed Guidance
    Investopedia last month

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  • Atlassian Corporation Plc (TEAM) Q3 2019 Earnings Call Transcript
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    TEAM earnings call for the period ending March 31, 2019.

  • Atlassian's Strong Growth Continues
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  • Atlassian Corporation PLC (TEAM) Q3 Earnings and Revenues Top Estimates
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    Atlassian Corporation PLC (TEAM) delivered earnings and revenue surprises of 16.67% and 1.70%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

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  • MarketWatch last month

    Atlassian stock drops as earnings outlook misses

    Atlassian Inc. shares dropped in the extended session Wednesday after the team-collaboration software company's earnings outlook fell short of Wall Street estimates. Atlassian shares fell 8% after hours, following a 1.6% decline to close the regular session at $111.19. The company said it expects adjusted fiscal fourth-quarter earnings of 16 cents a share on revenue of $329 million to $331 million. Analysts surveyed by FactSet expect 19 cents a share on revenue of $327.6 million. The company reported a fiscal third-quarter loss of $202.8 million, or 85 cents a share, compared with $15.8 million, or 7 cents a share, in the year-ago period. Adjusted earnings were 21 cents a share. Revenue rose to $309.3 million from $224.3 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 18 cents a share on revenue of $304.7 million.

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