AI-Driven Growth | Explore Atlassian's strategic AI integration, including the Rovo initiative and $1 billion DX acquisition, positioning the company at the forefront of collaboration software innovation. |
Cloud Revenue Surge | Atlassian reported a 26% year-over-year increase in cloud revenue, reaching $928 million, highlighting the company's strong performance in this critical growth area. |
Enterprise Expansion | Delve into Atlassian's success in securing large enterprise deals, signaling potential for higher contract values and more stable revenue streams in this lucrative market segment. |
Market Valuation | With an average analyst price target of $258, Atlassian's market position reflects a balance between strong cloud growth and challenges in other segments amid fierce competition. |
Metrics to compare | TEAM | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTEAMPeersSector | |
|---|---|---|---|---|
P/E Ratio | −819.4x | 16.7x | 12.3x | |
PEG Ratio | −9.97 | 0.15 | 0.01 | |
Price/Book | 41.7x | 6.2x | 2.4x | |
Price / LTM Sales | 6.7x | 5.0x | 2.2x | |
Upside (Analyst Target) | 4.6% | −2.2% | 35.2% | |
Fair Value Upside | Unlock | 22.0% | 7.1% | Unlock |
Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. The company’s product portfolio includes Jira, Confluence, Loom, Jira Service Management, Rovo, Bitbucket, Compass, Jira Product Discovery, Focus, Talent, Trello, and Guard. It also offers Collections, a curated sets of apps and agents built on the Atlassian cloud platform and designed to solve cross-functional customer workflows, including teamwork, service, strategy, software, and product collections. The company was founded in 2002 and is headquartered in Sydney, Australia.