Earnings Beat Sparks Surge: Social media buzz erupted after Atlassian's Q3 fiscal 2026 results exceeded expectations, with revenue hitting $1.79 billion, up 32% year-over-year, and adjusted EPS reaching $1.75, surpassing forecasts by a wide margin. Cloud revenue grew 29%, while data center sales jumped 44%, highlighting robust demand for enterprise tools. Users hailed the performance as a 'double beat' that crushed a low bar.
Stock Reaction and Guidance: Shares soared nearly 28% in after-hours trading, reversing recent pressures in the software sector. Though Q4 guidance came in slightly below estimates at $1.65-1.66 billion, optimism persisted around accelerating cloud adoption and free cash flow of $561 million. Discussions noted the stock's recovery potential despite prior YTD declines.
AI Momentum Builds: Commentary focused on CEO enthusiasm for AI integration, boosting products like Jira and the System of Work platform. Remaining performance obligations rose 37% to $4 billion, signaling strong future commitments. Sentiment leaned bullish on long-term growth amid enterprise and AI priorities.
Note: This discussion summary was generated from an AI condensation of post data.
Atlassian Insider Trading Activity
Atlassian insiders have traded $TEAM stock on the open market 819 times in the past 6 months. Of those trades, 2 have been purchases and 817 have been sales.
Here’s a breakdown of recent trading of $TEAM stock by insiders over the last 6 months:
- SCOTT FARQUHAR has made 0 purchases and 363 sales selling 498,225 shares for an estimated $73,759,074.
- MICHAEL CANNON-BROOKES (CEO, Co-Founder) has made 0 purchases and 363 sales selling 498,225 shares for an estimated $73,758,980.
- RAJEEV BASHYAM RAJAN (Chief Technology Officer) has made 0 purchases and 21 sales selling 15,750 shares for an estimated $1,884,419.
- ANUTTHARA BHARADWAJ (President) has made 0 purchases and 6 sales selling 9,847 shares for an estimated $1,501,235.
- JOSEPH LEO BINZ (Chief Financial Officer) has made 0 purchases and 21 sales selling 10,843 shares for an estimated $1,318,639.
- BRIAN DUFFY (Chief Revenue Officer) has made 0 purchases and 21 sales selling 5,612 shares for an estimated $689,623.
- SCOTT BELSKY has made 2 purchases buying 3,148 shares for an estimated $498,411 and 0 sales.
- GENE LIU (Chief Accounting Officer) has made 0 purchases and 21 sales selling 2,110 shares for an estimated $252,368.
- SHONA L BROWN sold 528 shares for an estimated $86,064
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Atlassian Revenue
Atlassian had revenues of $1.8B in Q3 2026. This is an increase of 31.71% from the same period in the prior year.
You can track TEAM financials on Quiver Quantitative's TEAM stock page.
Atlassian Hedge Fund Activity
We have seen 407 institutional investors add shares of Atlassian stock to their portfolio, and 422 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 8,760,091 shares (-76.4%) from their portfolio in Q4 2025, for an estimated $1,420,361,154
- AQR CAPITAL MANAGEMENT LLC added 5,769,788 shares (+291.4%) to their portfolio in Q4 2025, for an estimated $935,513,426
- SANDS CAPITAL MANAGEMENT, LLC removed 2,505,196 shares (-94.8%) from their portfolio in Q4 2025, for an estimated $406,192,479
- D. E. SHAW & CO., INC. removed 2,161,018 shares (-63.1%) from their portfolio in Q4 2025, for an estimated $350,387,458
- COATUE MANAGEMENT LLC removed 2,077,303 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $336,813,908
- JPMORGAN CHASE & CO removed 1,898,588 shares (-79.1%) from their portfolio in Q4 2025, for an estimated $307,837,058
- MORGAN STANLEY added 1,657,309 shares (+52.4%) to their portfolio in Q4 2025, for an estimated $268,716,081
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Atlassian Analyst Ratings
Wall Street analysts have issued reports on $TEAM in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 05/01/2026
- Mizuho issued a "Outperform" rating on 01/21/2026
- Bernstein issued a "Outperform" rating on 11/18/2025
- Macquarie issued a "Outperform" rating on 11/03/2025
To track analyst ratings and price targets for Atlassian, check out Quiver Quantitative's $TEAM forecast page.
Atlassian Price Targets
Multiple analysts have issued price targets for $TEAM recently. We have seen 17 analysts offer price targets for $TEAM in the last 6 months, with a median target of $146.0.
Here are some recent targets:
- Allan Verkhovski from BTIG set a target price of $120.0 on 05/01/2026
- Raimo Lenschow from Barclays set a target price of $100.0 on 04/21/2026
- Ittai Kidron from Oppenheimer set a target price of $100.0 on 04/17/2026
- Derrick Wood from TD Cowen set a target price of $85.0 on 04/16/2026
- Keith Weiss from Morgan Stanley set a target price of $120.0 on 04/16/2026
- David Hynes from Canaccord Genuity set a target price of $150.0 on 04/15/2026
- Gregg Moskowitz from Mizuho set a target price of $145.0 on 04/14/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
