- Prev close
- $195.67
- Day range
- $185.58 – $200.00
- Next earnings
- in 34 days
TEAM’s move was tied to a broader risk-on session, with the Nasdaq 100 up 2.8% and Atlassian finishing up 1.9%; the backdrop looks benign and the company’s 26.0% TTM revenue growth supports the setup.
TEAM
ATLASSIAN CORP-CL A
As of Sep 21, 2026
76/100
Looks healthyHealth ScoreWhy it moved
TEAM rose 1.9% in a session when the S&P 500 gained 1.9% and the Nasdaq 100 gained 1.9%, so the move was directionally in line with the market rather than a stock-specific shock. There is no clear single-company bad news in the facts; the main driver looks market-wide, helped by a strong AI-led risk bid that lifted software and semis broadly. The move is modest versus the Nasdaq 100’s 2.8%, which argues this was a normal participation move, not a company-only rerating.
Volatility check
This looks like ordinary volatility for a stock with beta 1.19, meaning it tends to move about 19% more than the market. The underlying business is still growing fast, with revenue +26.0% YoY TTM and +27.6% YoY in the latest quarter, while gross margin is 84.8% and operating margin is 0.2%. Valuation is not cheap at forward PE 16.1, but the combination of strong growth and a near-breakeven operating margin means the move is not being driven by obviously deteriorating fundamentals; it reads as a market-driven drift rather than a stress signal. PEG is not provided, and even if it were, it would only be meaningful if earnings growth were explicitly positive; here the cleaner read is on revenue growth, margins and forward PE.
Earnings preview
The next earnings date is not available this period, so I cannot anchor the report to a confirmed release date. The facts also do not include consensus revenue or EPS estimates, so I cannot cite the expected growth/margin setup for the upcoming print. What the market is likely focused on, based on the provided event flow, is whether Teamwork Graph and the new agentic engineering tools are translating into seat growth, ARPU expansion and cross-sell, and whether Atlassian can keep scaling revenue at the recent +27.6% YoY pace while preserving the 84.8% gross margin and improving the 0.2% operating margin.
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