Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira, a project management system that connects technical and business teams so they can better plan, organize, track, and manage their work and projects; Confluence, a connected workspace that empowers organizations to create, organize, find, and share information; Loom, an asynchronous video communication tool that helps users communicate through instantly shareable videos; and Trello that captures and adds structure to fluid and fast-forming work for individuals and teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian’s enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; Jira Product Discovery, a prioritization and road mapping tool; and Compass, a developer portal that provides a unified real-time representation of engineering teams' output in one place. Further, the company’s portfolio includes Bamboo, Crowd, Crucible, Fisheye, Opsgenie, Sourcetree, Statuspage, and Atlassian cloud apps. The company was founded in 2002 and is headquartered in Sydney, Australia.
Analyst Optimism | Discover why analysts maintain a positive outlook, with price targets ranging from $250 to $365, despite current trading at $218.44 and slight overvaluation concerns |
Enterprise Expansion | Delve into Atlassian's enterprise growth strategy, focusing on upselling opportunities and the potential for Jira Service Management to penetrate larger organizations |
AI-Powered Future | Explore Atlassian's AI initiatives, including Atlassian Intelligence and Rovo, poised to revolutionize collaboration tools and potentially create new revenue streams |
Cloud Dominance | Atlassian's cloud-first strategy drives impressive growth, with cloud revenue surging 31% year-over-year to $792 million, signaling strong market adoption |
Metrics to compare | TEAM | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTEAMPeersSector | |
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P/E Ratio | −130.8x | −52.7x | 11.3x | |
PEG Ratio | 0.81 | −2.57 | 0.01 | |
Price / Book | 41.1x | 10.9x | 2.4x | |
Price / LTM Sales | 11.3x | 7.7x | 2.0x | |
Upside (Analyst Target) | 23.7% | 9.1% | 25.8% | |
Fair Value Upside | Unlock | −2.6% | 7.0% | Unlock |