Analyst Scoreboard: 12 Ratings For Atlassian
Portfolio Pulse from Benzinga Insights
Atlassian (NASDAQ:TEAM) received mixed analyst ratings over the past three months, with a recent downward trend in price targets. The average 12-month price target is now $209, down from $225.91. Despite a 20.5% revenue growth, Atlassian faces challenges with profitability, ROE, ROA, and a high debt-to-equity ratio.
September 23, 2024 | 6:00 pm
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Atlassian's stock has received mixed analyst ratings, with a recent decrease in average price targets. Despite strong revenue growth, the company faces challenges in profitability and financial metrics.
The mixed analyst ratings and the decrease in average price targets suggest a neutral short-term impact on Atlassian's stock. While the company shows strong revenue growth, its profitability and financial metrics are below industry averages, which could offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100