Morgan Stanley Sticks to Their Buy Rating for Atlassian (TEAM)

In a report released today, Keith Weiss from Morgan Stanley maintained a Buy rating on Atlassian, with a price target of $120.00.

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Weiss covers the Technology sector, focusing on stocks such as Microsoft, Intuit, and Atlassian. According to TipRanks, Weiss has an average return of 8.0% and a 58.13% success rate on recommended stocks.

In addition to Morgan Stanley, Atlassian also received a Buy from Truist Financial’s Miller Jump in a report issued yesterday. However, on the same day, TD Cowen maintained 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 435 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, JOSEPH LEO BINZ, the CFO of TEAM sold 1,653.00 shares for a total of $134,462.21.