Atlassian impresses analysts with presentations, receives stock upgrade, but retail investors are unimpressed.

From StockTwits: 2025-04-10 21:56:00

Atlassian Corp. is expected to exceed its fiscal year 2025 guidance with a 15-25% price increase on renewing contracts. Despite recent sell-offs due to Trump’s tariffs, the company’s stock received an upgrade from Macquarie to ‘Outperform’ with a $270 price target. Atlassian announced a new cloud bundle, Teamwork Collection, incorporating AI for project workflow actions. The company raised its 2025 revenue growth outlook and is set to release third-quarter earnings on May 1. Despite price target cuts from analysts, sentiment remains bullish on Atlassian’s growth potential. Stock ended Thursday down 5.53% at $198.03.



Read more at StockTwits: Atlassian Wows Analysts With Investor Event Presentations, Macquarie Upgrades Stock: Retail Isn’t Excited