Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company has a strategic collaboration with Mattermost, Inc. for the development of Mattermost Docs, a sovereign, self-hosted successor to Confluence for defense, intelligence, and critical infrastructure organizations. The company was founded in 2002 and is headquartered in Sydney, Australia.
Market Valuation | With an average analyst price target of $258, Atlassian's market position reflects a balance between strong cloud growth and challenges in other segments amid fierce competition. |
Enterprise Expansion | Delve into Atlassian's success in securing large enterprise deals, signaling potential for higher contract values and more stable revenue streams in this lucrative market segment. |
Cloud Revenue Surge | Atlassian reported a 26% year-over-year increase in cloud revenue, reaching $928 million, highlighting the company's strong performance in this critical growth area. |
AI-Driven Growth | Explore Atlassian's strategic AI integration, including the Rovo initiative and $1 billion DX acquisition, positioning the company at the forefront of collaboration software innovation. |
Metrics to compare | TEAM | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTEAMPeersSector | |
|---|---|---|---|---|
P/E Ratio | −88.2x | 11.4x | 12.7x | |
PEG Ratio | −1.82 | 0.06 | 0.01 | |
Price / Book | 10.5x | 3.0x | 2.4x | |
Price / LTM Sales | 2.9x | 2.9x | 2.3x | |
Upside (Analyst Target) | 144.5% | 48.0% | 26.9% | |
Fair Value Upside | Unlock | 30.0% | 3.4% | Unlock |