Added to YB: 2026-07-01
Pitch date: 2026-06-28
TEAM [bullish]
Atlassian Corporation
-3.32%
current return
Author Info
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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
$20.0B
Pitch Price
$80.46
Price Target
147.00 (+86%)
Dividend
N/A
EV/EBITDA
95.33
P/E
-95.40
EV/Sales
3.25
Sector
Software
Category
growth
Atlassian Thesis: A Historic Opportunity
TEAM: SaaS quality compounder at ~$89 after 60% drop on 'SaaSpocalypse' AI fears. Author argues bear thesis (AI kills dev seats) is wrong—<50% users are devs, cloud seats accelerating. 26% 6yr rev CAGR, $140B TAM, 5% penetration, 6/7 AI moats, founder-led (87% vote). Q3 rev +32%, RPO +37%, buybacks now exceed SBC. Base case $147 PT/+32% IRR by 2030, bull +60%, bear -15.5%.
Read full article (30 min)