TEAM: Strong Results, Weak Guidance
Here's our initial take on 's (NASDAQ: TEAM) financial report.
AAR = average annual return.
Atlassian topped expectations in its fiscal second quarter ending March 31, reporting revenue up 14% and earnings per share up 9% year over year, thanks to strong 25% growth in cloud revenue. The company's shift from stand-alone products to a cloud-based suite appears to be going according to script.
Source Fool.com
Atlassian Corp. Stock
€147.80
-1.070%
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Atlassian Corp..
However, we have a potential of -4.6% for Atlassian Corp. as the target price of 141 € is below the current price of 147.8 €.


