On Nov 01, major Wall Street analysts update their ratings for $Atlassian (TEAM.US)$, with price targets ranging from $200 to $300.
Wells Fargo analyst Michael Turrin maintains with a buy rating, and adjusts the target price from $250 to $300.
Jefferies analyst Brent Thill maintains with a buy rating, and adjusts the target price from $240 to $280.
TD Cowen analyst Derrick Wood maintains with a hold rating, and adjusts the target price from $180 to $220.
BMO Capital analyst Keith Bachman maintains with a hold rating, and adjusts the target price from $177 to $255.
Mizuho Securities analyst Gregg Moskowitz maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Atlassian (TEAM.US)$'s main analysts recently are as follows:
Atlassian's strong performance in the September quarter was propelled by a widespread surge and Cloud growth that surpassed expectations. The company experienced a significant increase in seats across all products, robust deal activity, and favorable customer reactions to Loom and Rovo. Despite macroeconomic challenges, the quarter was deemed impressive. Looking ahead, there's optimism about the new CRO's potential impact on sales and the enhancement of enterprise cross-selling efforts.
Atlassian experienced a significant outperformance in Q1, surpassing expectations to a greater extent than usual due to conservative guidance and positive trends. It's believed that these results will bolster confidence in the outlook for the remainder of the year and support a trajectory towards a three-year compound annual growth rate of over 20%, potentially contributing to the extension of the stock's recent upward trend.
The company reported robust results and has updated its full-year guidance accordingly.
The strong top-line outperformance and raised guidance for Cloud growth by FY25 were key highlights in the recent performance review. The first quarter experienced the most significant Cloud outperformance in comparison to forecasts since the initiation of such guidance, accompanied by data center performance that also exceeded expectations.
Following Atlassian's 'strong' financial results for the first fiscal quarter, analysts have gained confidence that the company's guidance will likely enable a more predictable pattern of outperforming estimates and raising future projections. The company has demonstrated stable growth in paid seats over the last two quarters, and this, along with a cautious guidance approach that anticipates a challenging economic climate, sets a positive stage for the company's shares. Additionally, indicators from recent surveys suggest a cautious optimism for IT budget growth by 2025, which could be a harbinger of accelerated growth for Atlassian in the years following fiscal 2025.
Here are the latest investment ratings and price targets for $Atlassian (TEAM.US)$ from 14 analysts:
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美东时间11月1日，多家华尔街大行更新了$Atlassian (TEAM.US)$的评级，目标价介于200美元至300美元。
富国集团分析师Michael Turrin维持买入评级，并将目标价从250美元上调至300美元。
富瑞集团分析师Brent Thill维持买入评级，并将目标价从240美元上调至280美元。
TD Cowen分析师Derrick Wood维持持有评级，并将目标价从180美元上调至220美元。
BMO资本市场分析师Keith Bachman维持持有评级，并将目标价从177美元上调至255美元。
瑞穗证券分析师Gregg Moskowitz维持买入评级。
此外，综合报道，$Atlassian (TEAM.US)$近期主要分析师观点如下：
Atlassian在九月季度的强劲业绩受到了广泛激增和超出预期的云增长的推动。该公司所有产品的座位数量大幅增加，交易活动强劲，客户对Loom和Rovo的反应也很好。尽管受宏观经济挑战影响，整个季度被认为令人印象深刻。展望未来，人们对新首席营收官对销售的潜在影响和企业跨销售努力的增强感到乐观。
Atlassian在第一季度取得了显著的业绩超出预期，这一超出程度比通常更大，这归因于保守的指导和积极的趋势。人们认为这些结果将增强对年度剩余时间前景的信心，并支持朝着超过20%的三年复合年增长率的轨迹发展，这可能有助于延续股价最近的上升趋势。
公司报告了强劲的业绩，并相应调整了全年指导。
最近业绩审查中的关键亮点是强劲的营收业绩超出预期和到2025财年云增长的指导调高。第一季度云业绩表现明显超过预期，比起提供此类指导以来的预测，数据中心业绩也超出了预期。
在第一个财政季度Atlassian的“强劲”财务业绩之后，分析师们对该公司的指导将很可能实现更可预测的超越估计和提高未来预测的模式感到有信心。公司在过去两个季度中所展示的付费座位稳健增长，以及谨慎的指导方法，预见了挑战性的经济环境，为公司股票奠定了良好的基础。此外，最近调查的指标显示，到2025年IT预算增长可能保持谨慎乐观，这可能预示着Atlassian在2025财年后的几年内加速增长。
以下为今日14位分析师对$Atlassian (TEAM.US)$的最新投资评级及目标价：
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