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Why Atlassian Stock Just Exploded

TheMotleyFool 
0 0 01.05.26
Why Atlassian Stock Just Exploded: https://g.foolcdn.com/editorial/images/868082/1-green-arrow-going-up.jpg
 

Atlassian (NASDAQ: TEAM) stock exploded 22.6% higher through 10:15 a.m. ET Friday after crushing on its fiscal Q3 2026 earnings report last night.

Heading into the quarter, analysts had forecast the IT specialist to earn $0.98 per share, non-GAAP, on sales of $1.6 billion. In fact, Atlassian earned $1.75 per share on sales of $1.8 billion.

Image source: Getty Images.

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Source Fool.com

Atlassian Corp. Stock

€87.90
4.270%
A very strong showing by Atlassian Corp. today, with an increase of €3.60 (4.270%) compared to yesterday's price.
Atlassian Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 148 € there is a hugely positive potential of 68.37% for Atlassian Corp. compared to the current price of 87.9 €.
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