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Added to YB: 2025-01-17

Pitch date: 2025-01-16

TEAM [bullish]

Atlassian Corporation

-73.8%

current return

Author Info

No bio for this author

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

$19.9B

Pitch Price

$259.85

Price Target

315.00 (+363%)

Dividend

N/A

EV/EBITDA

1.4K

P/E

-104.58

EV/Sales

3.39

Sector

Software

Category

growth

Show full summary:
Morgan Stanley Raises Atlassian Price Target to $315

TEAM: Morgan Stanley top pick, PT $315. 20% revenue growth, 25%+ FCF growth for 3yrs. Bullish on expanding markets, cross-sell opportunities, data center to cloud migrations, pricing power, and operational efficiency via GenAI. 35% stock rise narrows valuation gap, but upward revision potential remains.

Read full article (1 min)