TEAM Stock Recent News

The Nasdaq entered a correction in early August, but the index usually recovers quickly. Alphabet is the largest digital advertiser and the third-largest public cloud in the world.

Atlassian on Thursday announced that it has acquired Rewatch, an AI-powered meeting notetaker, screen recording tool and video hub. The company plans to integrate Rewatch into Loom, the asynchronous video messaging platform it acquired for $975 million last October.

Shares in collaboration software maker Atlassian (TEAM) will remain in focus on Monday following last week's gain of 9%.

Atlassian's YTD declines intensified after the company released its FY25 outlook calling for 16% growth, versus Street expectations for 18% growth. Still, the sharp selloff has rendered the stock cheap even against lowered expectations. The stock has reached rough valuation parity with Salesforce and Workday, against which it used to trade at a large premium.

Atlassian (TEAM) stock price has been a big loser in 2024, shedding over 40% of its valuation amid concerns about its growth and competition. It was trading at $142 on Friday, down by over 70% from its all-time high (ATH).

Examine Atlassian's (TEAM) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Shares of Atlassian (TEAM) sank as the business software provider posted disappointing guidance and announced its top sales executive is leaving the company.

Atlassian grew as expected during its latest fiscal year but investors had hoped for better growth projections for the coming year. The company is investing in AI, causing certain operating expenses to grow at a faster rate than revenue in the most recent quarter.

Atlassian Corporation TEAM reported better-than-expected earnings for its fourth quarter on Thursday.

Atlassian's (TEAM) fourth-quarter fiscal 2024 results reflect strong cloud migrations and high growth in Data Center, as well as Marketplace and Services revenues.