Atlassian Corporation (NASDAQ: TEAM) was highlighted as one of the “Stocks That Could Mint Millionaires in 2026.” BTIG analyst Allan Verkhovski gave TEAM a Buy rating with a $220 price target, stating that AI disruption risk was overblown, and cloud revenue guidance was de-risked for FY26.

In their first fiscal quarter earnings report, Atlassian Corporation (NASDAQ: TEAM) raised its cloud revenue outlook by 1.5 points to 22.5% year-over-year for 2026. CEO Cannon-Brookes reaffirmed the long-term 20% CAGR growth target, expressing confidence in the company’s ability to deliver.

Atlassian Corporation (NASDAQ: TEAM) offers collaboration software that enhances productivity for organizations globally. Despite its potential for investment, some believe other AI stocks may offer better upside potential with lower downside risk.

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Read more at Yahoo Finance: BTIG Says AI Disruption Risk Overblown