Atlassian (TEAM) Receives a Buy from Wells Fargo
In a report released today, Ryan MacWilliams from Wells Fargo maintained a Buy rating on Atlassian, with a price target of $120.00.
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According to TipRanks, MacWilliams is a 4-star analyst with an average return of 8.9% and a 52.19% success rate. MacWilliams covers the Technology sector, focusing on stocks such as MongoDB, HubSpot, and Atlassian.
In addition to Wells Fargo, Atlassian also received a Buy from KeyBanc’s Jason Celino in a report issued yesterday. However, on March 31, TipRanks – Google reiterated a Hold rating on Atlassian (NASDAQ: TEAM).
Based on Atlassian’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.59 billion and a GAAP net loss of $42.65 million. In comparison, last year the company earned a revenue of $1.29 billion and had a GAAP net loss of $38.21 million
Based on the recent corporate insider activity of 455 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TEAM in relation to earlier this year. Most recently, in February 2026, GENE LIU, the CAO of TEAM sold 66.00 shares for a total of $5,369.22.
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