Atlassian Corp Plc

AI Summary

Atlassian provides cloud-based software that helps teams collaborate and manage work. Their flagship products include Jira for project tracking, Confluence for team documentation, and newer AI-powered tools like Rovo that help teams search information and automate workflows [Yahoo Finance]. They serve over 13,000 customers globally, primarily selling subscription-based software to businesses of all sizes [Yahoo Finance].

Atlassian is a collaboration software company that makes tools like Jira (project management), Confluence (document collaboration), and Loom (video messaging) used by teams worldwide [Yahoo Finance]. The company reported strong revenue growth of 32% year-over-year in Q3 2026, driven by cloud adoption and new AI features, though it remains unprofitable with widening GAAP losses [Yahoo Finance]. Recent news coverage is overwhelmingly positive, focused on AI product launches and analyst upgrades, while institutional investors like Baillie Gifford and AQR have aggressively increased their positions [EODHD].

Atlassian is growing fast but burning cash to get there, with strong revenue momentum offset by persistent operating losses.

Recent News

• Oppenheimer Raises Price Goal on Atlassian Corporation (TEAM)

  Yahoo Finance· 2026-05-19

• The Zacks Analyst Blog Highlights Palantir Technologies, Salesforce, Atlassian, Cloudflare and HubSpot

  Zacks· 2026-05-19

• A Look At Atlassian (TEAM) Valuation After Strong Q3 Growth And New AI And Cloud Initiatives

  Simply Wall St· 2026-05-18

• Atlas Bench Receives Atlassian's 2026 Rising Star Partner of the Year Award (Americas)

  Yahoo Finance· 2026-05-18

• Why Is Atlassian (TEAM) Stock Rocketing Higher Today

  Yahoo Finance· 2026-05-19

• How Investors Are Reacting To Atlassian (TEAM) Flex AI Licensing And Teamwork Graph Opening

  Yahoo Finance· 2026-05-15