Atlassian Corporation Plc ($TEAM) Stock Forecast: Down 12.6% Today

What is Atlassian Corporation Plc?

Atlassian Corporation (NASDAQ: TEAM) is a leading software company known for its collaboration tools such as Jira and Confluence. The company has been a favorite among tech investors for its innovative products and strong growth potential.

Why is Atlassian Corporation Plc going down?

TEAM stock is down 12.6% on Jan 29, 2026 20:07

• Atlassian Corporation (TEAM) witnessed a significant decline in its stock price due to a recent downgrade and price target reduction by Citi, stemming from concerns related to top-line growth quality and competition from code assistant platforms.
• Additional uncertainty surrounded the stock as an inquiry by Pomerantz LLP was initiated to investigate potential securities fraud or misconduct by the company's executives and board members.
• The collective impact of the downgrade, price target revision, and the ongoing investigation likely contributed to the notable bearish movement in Atlassian's stock, reflecting a challenging trading day for the company.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Atlassian Corporation - TEAM

Pomerantz LLP is investigating potential claims on behalf of investors of Atlassian Corporation (NASDAQ: TEAM) concerning possible securities fraud or unlawful business practices by the company's officers and directors. This investigation follows a Citi downgrade and price target cut for Atlassian stock on January 16, 2026, due to "pessimism on underlying cadence and quality of topline growth" and concerns about disruption from code assistant platforms, which caused the stock price to drop significantly. Investors affected by the stock price decline are encouraged to contact Pomerantz LLP for more information about potential class action involvement.

https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-atlassian-corporation---team-302672171.html

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Atlassian Corporation Plc Price History

08.07.2025 - TEAM Stock was down 5.5%

• Analysts cutting their forecasts on Atlassian after Q4 results may have led to a loss of investor confidence in the company's future performance.
• The partnership announcement with Alphabet Inc did not seem to have a positive impact on the stock price, indicating other factors at play.
• The market may have reacted negatively to Atlassian's Q4 earnings report, possibly due to missing key metrics or lower-than-expected performance.
• Overall, the combination of lowered forecasts, disappointing earnings, and lackluster market sentiment could have contributed to the bearish movement in Atlassian's stock price today.

02.04.2025 - TEAM Stock was down 8.9%

• Atlassian (TEAM) reported strong third-quarter revenue, beating analyst estimates, which led to positive market sentiment.
• The stock experienced a bearish movement due to the company issuing weaker-than-expected sales guidance for the fourth quarter, causing concerns among investors.
• The discrepancy between the better-than-expected results and the soft Q4 guidance likely led to a sell-off as investors reevaluated the growth prospects of the company.
• The market reaction indicates that while Atlassian continues to perform well, the cautious outlook for future sales has overshadowed its current success, prompting a bearish trend in the stock price.

02.04.2025 - TEAM Stock was down 10.2%

• Atlassian reported better-than-expected third-quarter revenue, which initially should have been a positive catalyst for the stock.
• However, the soft fourth-quarter guidance below analyst estimates likely caused investor concerns and led to the bearish movement in the stock.
• The discrepancy between the strong performance in the third quarter and the cautious outlook for the fourth quarter may have raised questions about the company's future growth prospects, prompting investors to sell off the stock.
• Investors might be waiting for more clarity on the factors impacting Atlassian's performance in the upcoming quarter before reevaluating their positions in the stock.

11.07.2025 - TEAM Stock was down 5.0%

• Atlassian reported impressive Q4 earnings and revenue growth, driven by cloud adoption, AI integration, and improved margins.
• However, despite the strong financial performance, some analysts revised their forecasts downward for Atlassian after the earnings report.
• The partnership announcement with Alphabet Inc. (GOOGGOOGL) could have also influenced market sentiment.
• The combination of positive earnings, revised forecasts, and partnership news likely created uncertainty among investors, prompting the bearish trend in Atlassian's stock price today.

07.07.2025 - TEAM Stock was down 4.1%

• The bearish movement in Atlassian's stock today could be attributed to lower-than-expected Q4 earnings.
• Forecasts for key metrics may have fallen short, leading to investor disappointment and a sell-off of the stock.
• It is possible that Atlassian's performance in the quarter ended June 2025 did not meet market expectations, causing a negative reaction in the stock price.
• Investors might be concerned about the company's growth prospects or future outlook, leading to a decline in the stock value.

21.00.2026 - TEAM Stock was up 5.0%

• Despite the recent slump in Atlassian's stock price, the market movement today suggests a strong bullish sentiment.
• Investors may be viewing the current dip in Atlassian's share price as a buying opportunity, driving the bullish movement.
• The company's high price-to-sales ratio, despite the recent decline, indicates that investors still have confidence in Atlassian's growth potential.
• The positive market movement could be a result of renewed optimism in Atlassian's ability to deliver on its projected 19% annual revenue growth, despite concerns about its valuation compared to industry peers.

29.00.2026 - TEAM Stock was down 12.6%

• Atlassian Corporation (TEAM) witnessed a significant decline in its stock price due to a recent downgrade and price target reduction by Citi, stemming from concerns related to top-line growth quality and competition from code assistant platforms.
• Additional uncertainty surrounded the stock as an inquiry by Pomerantz LLP was initiated to investigate potential securities fraud or misconduct by the company's executives and board members.
• The collective impact of the downgrade, price target revision, and the ongoing investigation likely contributed to the notable bearish movement in Atlassian's stock, reflecting a challenging trading day for the company.

01.04.2025 - TEAM Stock was up 5.4%

• Atlassian (TEAM) likely saw a rise in stock price today due to positive market sentiment and expectations of robust Q3 earnings.
• Investors seem optimistic about Atlassian's outlook, as reflected in Wall Street predictions for key metrics, pointing towards potential growth and profitability.
• The market movement may also be fueled by growing demand for Atlassian's products and services, driven by the ongoing need for remote work and digital collaboration in today's business landscape.

02.03.2025 - TEAM Stock was up 5.4%

• TEAM experienced a bullish movement due to positive market sentiment towards IT service management providers.
• The comparison between ServiceNow and Atlassian may have sparked investor interest in TEAM, leading to increased buying activity.
• The mention of Agentic AI potentially favoring one of the companies could have influenced traders to bet on the future growth prospects of Atlassian.
• Overall, the bullish movement in TEAM could be attributed to growing optimism surrounding the ITSM sector and specific company evaluations.

31.09.2025 - TEAM Stock was up 5.8%

• Atlassian (TEAM) experienced a strong bullish movement following its better-than-expected Q1 results, with revenue surpassing analyst estimates.
• The company's relentless pace of AI innovation has been a key driver of its success.
• Figma's AI tools gaining traction and driving top-line growth in the industry may have also positively influenced market sentiment towards Atlassian, showcasing the importance of innovation in the tech sector.
• Overall, Atlassian's strong performance and focus on AI-driven innovation have propelled its stock price upwards, reflecting investor confidence in the company's growth trajectory.

31.09.2025 - TEAM Stock was up 5.2%

• Atlassian (TEAM) experienced a strong bullish movement today following its Q1 earnings report exceeding expectations. This surge can be attributed to:
• Surpassing both earnings and revenue estimates, showcasing the company's strong financial performance and growth trajectory.
• Strong Cloud migrations and enterprise deals driving double-digit revenue growth, indicating a robust demand for Atlassian's products and services.
• The market's positive response to Atlassian's 'relentless pace of AI innovation,' highlighting the company's commitment to technological advancements and staying ahead in the competitive landscape.
• Overall, Atlassian's solid financial results and innovative approach seem to have instilled confidence in investors, leading to the bullish market movement for the stock.

21.09.2025 - TEAM Stock was up 5.2%

• TEAM's bullish movement could be attributed to the overall positive sentiment in the application software industry, driven by Roper's growth and innovation in GenAI.
• The increasing demand for software-as-a-service (SaaS) and innovative technologies like GenAI might have positively influenced TEAM's stock performance.
• Investors appear optimistic about TEAM's future prospects, considering the growth potential in the application software sector exemplified by Roper's market success.