Added to YB: 2026-05-06
Pitch date: 2026-05-04
TEAM [neutral]
Atlassian Corporation
Author Info
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
$18.1B
Pitch Price
N/A
Price Target
156.00 (+67%)
Dividend
N/A
EV/EBITDA
-261.95
P/E
-83.10
EV/Sales
2.94
Sector
Software
Category
growth
TEAM — Q3 FY2026 Quarterly Results
TEAM (earnings): Q3 rev $1,787M (+32% YoY), cloud reaccel to 29%, NRR >120% & rising, non-GAAP op margin 34% (+800bps). Service Collection crossed $1B ARR. $991M buyback (largest ever). Q4 guide $1,657M (down sequentially) fully explained by $50M DC pull-forward, not demand weakness. At $88.88, trades 14x FY27E EPS, 3.5x EV/rev despite 85% gross margin, RPO $4B. Rovo customers grow ARR at 2x. DC retention strong. Normalized RPO >40%. Fair value $125-156 (~40-75% upside).
Read full article (9 min)