StreetInsider.com News Articles

Wolfe Research Reiterates Outperform Rating on Atlassian Corporation (TEAM): "RIF supports TEAM reaching GAAP operating profitability"

Thu, 12 Mar 2026 15:43:50 -0400

Wolfe Research analyst Alex Zukin reiterated an Outperform rating and $100.00 price target on Atlassian Corporation (NASDAQ: TEAM)

The analyst commented, "We believe this RIF is a step in the right direction aligning TEAM's focus on driving real (and difficult) operational changes to deliver profitable growth in the AI era. With no changes to growth estimates, we see the RIF providing ~$390M runrate in OpEx savings, which would drive 4-5pp expansion in operating margin next year vs. our prior estimates. With FY26 guidance reiterated, we note that the RIF still provides upside to non-GAAP operating income in FY26 as TEAM will

Jefferies Reiterates Buy Rating on Atlassian Corporation (TEAM) following workforce reduction announcement

Thu, 12 Mar 2026 08:18:29 -0400

Jefferies analyst Brent Thill reiterated a Buy rating and $150.00 price target on Atlassian Corporation (NASDAQ: TEAM)

The analyst commented, "TEAM announced a 10% RIF yesterday, with the CEO noting that now is the time to adapt to the evolving AI landscape as the bar for what constitutes a "great" software co has been raised. We see upside to FY26 OPM ests of 25.6% and are pos on potentially lower SBC as a % of rev, though questions remain on reinvestment plans and areas impacted. We highlight TEAM's attractive Rule of 40 story and see catalysts for 20%+ MT growth as

Atlassian Corporation (TEAM) PT Lowered to $185 at Mizuho

Thu, 12 Mar 2026 06:46:06 -0400

(Updated - March 12, 2026 6:46 AM EDT)

Mizuho analyst Greg Moskowitz lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $185.00 (from $205.00) while maintaining a Outperform rating.

The analyst commented: "After the close, TEAM announced a significant restructuring that will eliminate ~10% of its workforce, or roughly 1,600 employees. The co. expects to incur $225-236M in charges. TEAM also reaffirmed its F3Q26 and FY26 financial guidance.

While we continue to be bullish on TEAM's growth prospects, we have long viewed TEAM's R&D expense in particular as higher than it should be, and we assume most of the cuts will be

Atlassian Corporation (TEAM) PT Lowered to $185 at Mizuho

Thu, 12 Mar 2026 06:46:06 -0400

(Updated - March 12, 2026 6:46 AM EDT)

Mizuho analyst Greg Moskowitz lowered the price target on Atlassian Corporation (NASDAQ: TEAM) to $185.00 (from $205.00) while maintaining a Outperform rating.

While we continue to be bullish on TEAM's growth prospects, we have long viewed TEAM's R&D expense in particular as higher than it should be, and we assume most of the cuts will be

Form 8-K Atlassian Corp For: Mar 11

Wed, 11 Mar 2026 17:08:00 -0400

si-local-file:///var/storage/secattach/20260311/26147090.html

Form 8-K Atlassian Corp For: Mar 11

Wed, 11 Mar 2026 17:08:00 -0400

si-local-file:///var/storage/secattach/20260311/26147090.html

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

TEAM Anywhere/SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced the open beta of agents in Jira, bringing AI agents right where teams plan and track work. With this new capability, teams can assign work to Atlassian Rovo and third-party agents in Jira, iterate with agents in comments, and embed them directly into their workflows. As a result, agent-driven work is no longer detached and fragmented but visible, coordinated,

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Atlassian Introduces Agents in Jira to Drive Human-AI Collaboration at Enterprise Scale

Wed, 25 Feb 2026 09:00:00 -0400

Atlassian strengthens its position as the place to orchestrate work across humans and AI agents

Jefferies prefers these 4 software stocks after apps reset

Mon, 23 Feb 2026 08:20:04 -0400

Investing.com -- Jefferies has taken a fresh look at the application software space after sharp underperformance across the group, with the broker favoring a select group of names based on their more durable business models and internal AI adoption.

Apps stocks have lagged broader software significantly, with many stocks down roughly 30–55% year to date versus the IGV ETF’s (NYSE:IGV) 24% decline. Against this backdrop, Jefferies analysts led by Brent Thill said they are “taking a fresh look at current levels considering both our new AI Risk Matrix and idiosyncratic fundamentals/catalysts.”