Atlassian Corporation (NASDAQ: TEAM) is highlighted as a top AI stock to watch by analysts. Guggenheim analyst Howard Ma initiated coverage with a Buy rating and $225 price target on September 11. Despite concerns over AI coding tools impacting Atlassian’s seat-based model, analysts believe the company’s growth will continue as global developer headcount rises and AI boosts productivity. The firm has 300,000+ customers for its collaboration products like Jira and Confluence. With a focus on service management, AI workflows, and upmarket investments, Atlassian remains on track to achieve its long-term revenue target of $10 billion by FY29.

Read more at Yahoo Finance: Analysts Say AI Is Not the ‘Death Knell’ for Atlassian (TEAM) Stock