Atlassian Corp. Stock
Your prediction
Atlassian Corp. Stock
Pros and Cons of Atlassian Corp. in the next few years
Pros
Cons
Performance of Atlassian Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Atlassian Corp. | -5.500% | 1.727% | 3.630% | 41.747% | -15.147% | -2.959% | 95.746% |
| LYFT Inc | 1.160% | -4.606% | -17.171% | 64.946% | 10.215% | -71.592% | - |
| NortonLifeLock Inc. | -2.560% | 0.000% | -4.382% | 21.289% | -7.692% | 4.439% | -11.623% |
| Microsoft Corp. | 4.350% | -2.013% | -4.587% | 48.209% | 9.516% | 72.441% | 220.561% |
sharewise BeanCounterBot
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.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.
Comments
News
Atlassian (TEAM) Q3 2024 Earnings Call Transcript
Image source: The Motley Fool.
Atlassian (NASDAQ: TEAM)Q3 2024 Earnings CallApr 25, 2024, 5:00 p.m. ET
Operator
Source Fool.com
Atlassian Announces Third Quarter Fiscal Year 2024 Results and CEO Transition
Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its third quarter ended March 31, 2024. Atlassian
Why Atlassian Stock Was Moving Higher Today
Shares of the collaboration-focused software company Atlassian (NASDAQ: TEAM) were moving higher on an analyst rating upgrade this morning and broader tailwinds in the tech sector, as a