Weekly Research Analysts’ Ratings Changes for Atlassian (TEAM)

Atlassian (NASDAQ: TEAM) recently received a number of ratings updates from brokerages and research firms:

• 7/21/2026 – Atlassian had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 7/17/2026 – Atlassian had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 7/16/2026 – Atlassian had its price target lowered by Bank of America Corporation from $110.00 to $105.00. They now have a “neutral” rating on the stock.
• 7/10/2026 – Atlassian had its “buy” rating reaffirmed by BTIG Research. They now have a $130.00 price target on the stock.
• 7/8/2026 – Atlassian had its price target lowered by KeyCorp from $130.00 to $115.00. They now have an “overweight” rating on the stock.
• 7/1/2026 – Atlassian had its “market perform” rating reaffirmed by Citizens Jmp.
• 6/29/2026 – Atlassian had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/29/2026 – Atlassian was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/25/2026 – Atlassian had its price target lowered by BMO Capital Markets from $105.00 to $95.00. They now have an “outperform” rating on the stock.
• 5/30/2026 – Atlassian was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Insider Buying and Selling

In other news, CRO Brian Duffy sold 3,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $89.71, for a total transaction of $269,130.00. Following the completion of the sale, the executive owned 227,691 shares in the company, valued at approximately $20,426,159.61. This represents a 1.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO James Chuong sold 8,838 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $87.75, for a total value of $775,534.50. Following the sale, the chief financial officer directly owned 288,272 shares of the company’s stock, valued at approximately $25,295,868. This represents a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 20,041 shares of company stock worth $1,801,069 over the last quarter. Insiders own 36.66% of the company’s stock.

Atlassian Corporation Plc is a software company headquartered in Sydney, Australia, best known for developing collaboration, project management and software development tools. Founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian grew from a small engineering-focused team into a publicly traded company after its initial public offering in 2015. The company serves a global customer base that spans small teams to large enterprises across technology, financial services, government and other sectors.

Atlassian’s product portfolio centers on tools designed to help teams plan, build and support software and business processes.