Atlassian Corp. Stock

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/ Tradegate WKN: A3DUN5 / Name: Atlassian / Stock / Software & IT Services / Large Cap /

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Atlassian Corp. Stock

Atlassian Corp. shows a slight decrease today, losing -€1.800 (-0.960%) compared to yesterday.

Our community is currently high on Atlassian Corp. with 5 Buy predictions and 0 Sell predictions.

With a target price of 290 € there is a hugely positive potential of 55.55% for Atlassian Corp. compared to the current price of 186.44 €.

Our community identified positive and negative aspects for Atlassian Corp. stock for the coming years. 0 users see the criterium "Worthwhile Investment for the next years" as a plus for the Atlassian Corp. stock. On the other hand our users think that "Worthwhile Investment for the next years" could be a problem in the future.

What does Atlassian do?

Pros and Cons of Atlassian Corp. in the next few years

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Performance of Atlassian Corp. vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
Atlassian Corp.
NortonLifeLock Inc.
Microsoft Corp.
Adobe Inc.

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2023-06-12

Upon an initial review of Atlassian's financials, it appears that the company has experienced growth in its operations in recent years. With increasing revenues and investment in research and development, Atlassian seems to be focused on expanding its business operations and maintaining a competitive edge in the industry. However, the company has also reported a consistent net loss in its income statements, raising some concerns about its profitability and financial strength.

Growing Revenues: Atlassian has consistently increased its total revenues over the years, especially between 2020 and 2022. This signals that the company's products and services are well-received by the market and that there is a demand for their software solutions.

Favorable Cash Position: As of March 2023, Atlassian holds a substantial amount of cash and short-term investments, amounting to $1.98 billion. This sizeable liquidity provides the company with the necessary resources to invest further in research, development, and other growth opportunities.

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