Mizuho lowers Atlassian's price target to $325, but maintains buy rating

From Yahoo Finance: 2025-06-25 13:14:00

Atlassian Corporation (NASDAQ:TEAM) is listed as one of the top 10 AI stocks set to skyrocket. Mizuho has adjusted their price target on Atlassian to $325 from $355, citing market concerns and recession fears. Despite this, the firm maintains an Outperform rating, highlighting Atlassian’s growth potential and market position.

Mizuho believes Atlassian’s long-term fundamentals are strong, with growth potential and innovative products like Jira, Confluence, and Trello driving revenue and customer expansion. The company’s focus on cloud migration, product innovation, and AI features sets it up for success in the competitive enterprise software space.

Despite the adjusted price target, Mizuho’s confidence in Atlassian’s ability to navigate challenges and grow its user base remains high. The company’s product diversity, customer loyalty, and margin potential make it stand out in the enterprise software industry. Investors are encouraged to consider other AI stocks with high potential returns.

For more insights on tech stocks, check out the 10 Best Small Cap Tech Stocks With Biggest Upside Potential and 7 Most Popular AI Penny Stocks Under $5 To Avoid. No specific recommendations for Atlassian (TEAM) were disclosed.

Read more: Mizuho Trims Atlassian (TEAM) Price Target, Maintains Buy Rating