Atlassian shares rise as investors revisit recent AI and results momentum

Atlassian (TEAM) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks consistent with a continued rebound after Atlassian’s recent earnings beat and a series of AI-related product updates that have kept sentiment active. With no single, widely cited headline tied specifically to today’s session, this could also reflect a broader rotation back into beaten-down software names and short-covering dynamics.

Details:

Atlassian recently reported quarterly results that topped expectations, including a milestone $1B+ cloud revenue quarter and expanding AI adoption metrics.

The company has been highlighting growth in its AI offerings (including Rovo usage) and ongoing efforts to add “agentic” AI capabilities into core workflows.

A recent product update introduced an open beta for “agents in Jira,” aiming to let teams assign work to AI agents alongside human teammates.

Recent cloud-platform release notes also outlined incremental Rovo-related enhancements, which can reinforce the market’s view that AI features are becoming more embedded across Atlassian’s suite.

Sources:

Atlassian, StockStory, Zacks, The Register

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TEAM Insider Trading Activity

$TEAM insiders have traded $TEAM stock on the open market 1283 times in the past 6 months. Of those trades, 8 have been purchases and 1275 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 592 sales selling 827,820 shares for an estimated $127,465,329.
MICHAEL CANNON-BROOKES (CEO, Co-Founder) has made 0 purchases and 592 sales selling 827,820 shares for an estimated $127,465,191.
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.
SCOTT BELSKY has made 8 purchases buying 4,714 shares for an estimated $738,163 and 0 sales.
BRIAN DUFFY (Chief Revenue Officer) has made 0 purchases and 21 sales selling 5,612 shares for an estimated $689,623.
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.

$TEAM Hedge Fund Activity

We have seen 450 institutional investors add shares of $TEAM stock to their portfolio, and 504 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
ARTISAN PARTNERS LIMITED PARTNERSHIP removed 3,878,133 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $619,337,840
WCM INVESTMENT MANAGEMENT, LLC removed 3,388,634 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $541,164,849
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

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TEAM Analyst Ratings

Wall Street analysts have issued reports on $TEAM in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Mizuho issued a "Outperform" rating on 01/21/2026
BTIG issued a "Buy" rating on 01/13/2026
Bernstein issued a "Outperform" rating on 11/18/2025
Macquarie issued a "Outperform" rating on 11/03/2025
BMO Capital issued a "Outperform" rating on 10/24/2025
Canaccord Genuity issued a "Buy" rating on 10/22/2025
BWG Global issued a "Positive" rating on 10/14/2025

To track analyst ratings and price targets for $TEAM, check out Quiver Quantitative's $TEAM forecast page.

$TEAM Price Targets

Multiple analysts have issued price targets for $TEAM recently. We have seen 19 analysts offer price targets for $TEAM in the last 6 months, with a median target of $175.0.

Here are some recent targets:

Fatima Boolani from Citigroup set a target price of $160.0 on 02/09/2026
Steve Koenig from Macquarie set a target price of $150.0 on 02/06/2026
Keith Weiss from Morgan Stanley set a target price of $290.0 on 02/06/2026
Ittai Kidron from Oppenheimer set a target price of $150.0 on 02/06/2026
Allan Verkhovski from BTIG set a target price of $140.0 on 02/06/2026
Ryan Macwilliams from Wells Fargo set a target price of $155.0 on 02/06/2026
Howard Ma from Guggenheim set a target price of $190.0 on 02/06/2026

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.