Atlassian Corp Plc's stock saw a notable increase, fueled by advancements in its public sector cloud offerings.
Atlassian Corp Plc (NASDAQ:TEAM) experienced a 3.41% rise in its stock price yesterday, closing at CA$195.08. This increase follows the company's announcement about accelerating cloud deployment plans for public sector clients.
Investor takeaway: Atlassian's proactive approach to enhancing its cloud services for government agencies could strengthen its market position in a competitive landscape.
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Atlassian Corp Plc
TEAM.US
TEAM.US
Atlassian Corp Plc
WealthAwesomeMarket cap
$47.75B
52W high
$200.00
52W low
$56.01
1W change
+2.52%
Beta
1.16
Analyst Price Targets
Based on 33 analysts covering TEAM · as of Sep 23, 2026
Wall Street analysts forecast TEAM stock price to rise 2.9% over the next 12 months.
Consensus
Buy4.36 / 5.00
Avg. Target
C$200.68
+2.9% Upside
Previously C$199.23 on Sep 21, 2026
Current Price
C$195.08
Last close
Analyst Breakdown (33 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TEAM's historical volatility
30-Day Vol
57.7%
Annualized
90-Day Vol
87.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$233.22
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$207.04 | C$169.69 – C$252.62 |
| 60 trading days | C$219.74 | C$165.85 – C$291.14 |
| 90 trading days | C$233.22 | C$165.24 – C$329.17 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Atlassian's stock rose 3.41% yesterday.
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The company's market cap is now around CA$49.38 billion, reflecting its growing influence in the software industry.
Bull case
Atlassian is speeding up its IL5 authorization timelines, now set for July 2028, in response to rising demand from public sector customers. This strategy aims to ensure that government agencies can securely and compliantly transition to Atlassian Cloud, highlighting the company's commitment to meeting the specific needs of its public sector clients.
Bear case
Despite the positive stock movement, investors should stay cautious about Atlassian's profit margin challenges and the competitive pressure from rivals like ServiceNow and Salesforce.
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