Sign up now and fund within 24h to get free NKE, GPRO or DBX stock. T&Cs apply.
Redeem Now
Stake logo

TEAM

Atlassian Corporation Plc

1 day chart

About TEAM

Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. The Company’s products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. Jira Service Management is a service desk product for creating and managing service experiences for a variety of service team providers, including information technology, legal, and human resources teams. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.

Buy US stocks in Australia starting with TEAM. Open an account and start investing today!

Market Capitalisation

$48.70K

Price-earnings ratio

-

Dividend yield

0.00%

Volume

851.39K

High today

$190.03

Low today

$186.21

Open price

$188.92

52-week high

$215.77

52-week low

$116.40


What is Atlassian (TEAM)?

Work can get messy. To support collaboration and organise workflow, companies need to have the right software – especially since the remote working boom.

Atlassian specialises in the design, development, licensing and maintenance of software for project managers and software development teams. Atlassian’s products help teams work, communicate and collaborate, openly – and there's a chance you've used one before without even knowing.

Atlassian’s mission is, in their words, “to unleash the potential of every team through software that makes teamwork work.”

Founded by Michael Cannon-Brookes and Scott Farquhar in 2002, Atlassian Corporation PLC is a global software company with over 225,000 customers across 190 countries. Atlassian currently has more than 7,000 employees.

Atlassian offers a broad range of software products that can be divided into three main categories:

  1. Plan, Track and Support (Jira Software, Jira Align, Jira Work Management, Jira Service Management, Statuspage, Opsgenie and Halp)
  2. Collaborate (Confluence, Trello)
  3. Code, Build and Ship (Bitbucket, Sourcetree, Bamboo)

Why does TEAM stock appeal to investors?

With more than 15 million people using its cloud platform on a monthly basis, Atlassian is a leader in the field of collaboration software. In fact, 83% of Fortune 500 companies are Atlassian customers.

Atlassian has had a strong history of growth. Revenue has grown at approximately 30% or more every year for the past 3 financial years from US$1.2b in 2019 to US$1.6b in 2020 and US$2.0b just last year.

Atlassian’s growth has been heavily supported by its ability to continue developing new products, improving previously existing products and powerful customer adoption.

Co-Founders & Co-CEOs Michael Cannon-Brookes and Scott Farquhar remain committed to Atlassian’s success, even 20 years after founding the company.

Who should include Atlassian in their investment portfolio?

Atlassian is a fast-growing technology company within the Software as a Service (SaaS) sector. If you’re an investor considering exposure to the technology sector and in particular SaaS, TEAM shares may be an appropriate choice.

Atlassian is an ambitious company with grand plans. In their FY 2021 Investor Day presentation, they stated a desire to reach 100 million monthly active users on the cloud and $5 billion in revenue in the near future.

What percentage of Atlassian stock is owned by insiders or institutions?

Scott Farquhar and Michael Cannon-Brookes own the majority of Atlassian stock at 22.02% of the company each. Atlassian Chief Technology Officer, Sridatta Viswanath, also owns over US$100m worth of stock.

Institutional ownership of TEAM stock totals 48.2%. Some institutions with the largest TEAM shareholdings include T. Rowe Price Group, Inc. (5.5%), Jennison Associates LLC (3.41%) and Capital Research and Management Company (3.07%).

Other institutions of note include Sands Capital Management, LLC, BlackRock, Inc. and Tiger Global Management, LLC.

Where is Atlassian based?

Atlassian is based in Sydney, Australia.


TEAM FAQs

Yes, the Stake platform allows you to buy TEAM shares and over 8,000 stocks and ETFs across the ASX and Wall St.

One share of Atlassian Corporation Plc is valued at $187.86.

The ticker symbol for Atlassian Corporation Plc is TEAM.

To buy TEAM stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake Wall St
  3. Deposit directly into your Stake wallet and you're ready to invest in TEAM

The Atlassian Corporation Plc 52-week high stock price is $215.77.

The Atlassian Corporation Plc 52-week low stock price is $116.40.

As of 08/12/2023 Atlassian Corporation Plc has a market cap of $49K.


Related Stocks

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.


Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2023 Stake. All rights reserved.