Atlassian (TEAM) Expected to Announce Earnings on Thursday

Atlassian (NASDAQ:TEAM) is expected to post its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect Atlassian to post earnings of $1.12 per share and revenue of $1.5442 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Atlassian Trading Down 3.8%

Shares of NASDAQ:TEAM opened at $113.70 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a market capitalization of $29.92 billion, a price-to-earnings ratio of -160.14, a PEG ratio of 18.30 and a beta of 0.88. Atlassian has a 1-year low of $113.47 and a 1-year high of $326.00. The company has a 50 day moving average price of $148.33 and a 200 day moving average price of $160.59.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TEAM shares. Sanford C. Bernstein increased their price objective on Atlassian from $290.00 to $304.00 and gave the company an “outperform” rating in a research report on Tuesday, November 18th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $260.00 target price on shares of Atlassian in a research report on Friday, October 31st. Jefferies Financial Group set a $262.00 price target on Atlassian in a research report on Thursday, January 15th. Zacks Research raised Atlassian from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, Truist Financial set a $210.00 price objective on Atlassian in a report on Friday, October 31st. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Atlassian has an average rating of “Moderate Buy” and an average price target of $227.60.

Atlassian News Roundup

Here are the key news stories impacting Atlassian this week:

• Positive Sentiment: Atlassian and Anthropic/Williams F1 announced a multi‑year partnership to integrate Anthropic’s Claude across the Williams F1 team, highlighting Atlassian’s positioning in AI partnerships and product integration opportunities that could support enterprise demand and brand visibility. Anthropic and Atlassian Williams F1 Team announce multi-year partnership
• Positive Sentiment: Analyst preview from Zacks expects Q2 to benefit from strong cloud adoption, AI tools and continued demand for Jira and Confluence — a fundamental tailwind that supports revenue growth expectations ahead of earnings. Atlassian to Report Q2 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Media commentary notes Atlassian may have upside despite broader negative sentiment in the software sector; this is more thematic and less company‑specific. Atlassian Corporation (TEAM) has upside despite negative software sentiment
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares and a 0.0 days‑to‑cover metric — a technical data point that currently appears immaterial to price pressure.
• Negative Sentiment: CEO Michael Cannon‑Brookes sold 7,665 shares on Jan. 30 at an average $119.15 (≈$913K), reducing his stake ~2.38%; insider selling can create near‑term negative sentiment among investors. SEC filing — CEO sale
• Negative Sentiment: Director Scott Farquhar sold an identical block (7,665 shares at $119.15) on Jan. 30, also reducing his stake ~2.38%; combined insider sales from top executives amplify concerns about conviction even if sales may be routine or for diversification. SEC filing — Director sale

Insider Activity at Atlassian

In other Atlassian news, President Anutthara Bharadwaj sold 9,847 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $152.46, for a total transaction of $1,501,273.62. Following the completion of the sale, the president directly owned 242,092 shares in the company, valued at approximately $36,909,346.32. This trade represents a 3.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Michael Cannon-Brookes sold 7,665 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $153.77, for a total value of $1,178,647.05. Following the completion of the transaction, the chief executive officer owned 237,615 shares in the company, valued at $36,538,058.55. This represents a 3.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 551,049 shares of company stock valued at $82,759,668. Company insiders own 36.66% of the company’s stock.

Institutional Investors Weigh In On Atlassian

A number of institutional investors have recently modified their holdings of TEAM. Snowden Capital Advisors LLC increased its stake in shares of Atlassian by 1.6% in the second quarter. Snowden Capital Advisors LLC now owns 4,464 shares of the technology company’s stock worth $907,000 after acquiring an additional 71 shares during the last quarter. Captrust Financial Advisors boosted its position in Atlassian by 1.1% during the second quarter. Captrust Financial Advisors now owns 14,002 shares of the technology company’s stock valued at $2,844,000 after purchasing an additional 156 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Atlassian by 447.2% in the first quarter. Geneos Wealth Management Inc. now owns 197 shares of the technology company’s stock valued at $42,000 after purchasing an additional 161 shares in the last quarter. State of Wyoming increased its position in Atlassian by 59.7% in the 2nd quarter. State of Wyoming now owns 444 shares of the technology company’s stock worth $90,000 after purchasing an additional 166 shares during the last quarter. Finally, Knollwood Investment Advisory LLC increased its position in Atlassian by 9.9% in the 3rd quarter. Knollwood Investment Advisory LLC now owns 2,182 shares of the technology company’s stock worth $348,000 after purchasing an additional 197 shares during the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

About Atlassian

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.