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How to Buy Atlassian Stock

Atlassian Corp

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide.

Atlassian stock last closed at $191.55, down 1.06% from the previous day, and has increased 17.68% in one year. It has underperformed other stocks in the Software - Application industry by 0.01 percentage points. Atlassian stock is currently +49.63% from its 52-week low of $128.02, and -25.95% from its 52-week high of $258.69.

As of Apr 19, 2024, there are 259.41M shares of TEAM outstanding. The market value of TEAM is $49.69B. In the last 24 hours, 1.76M TEAM shares were traded.

How to Buy Atlassian Stock

Wondering how to invest in Atlassian stock? Here's how.
  1. Choose where to buy Atlassian stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Atlassian stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your method of payment and add your info.
  4. Analyze Atlassian stock: The Atlassian ticker symbol is TEAM. Is Atlassian stock a good investment? Should you buy shares of TEAM? How do TEAM's underlying business fundamentals look? Do top analysts think Atlassian is a good buy? Why has TEAM's stock price moved recently? (Hint: Our stock research tools can help you decide if TEAM is a good stock to buy).
  5. Execute your TEAM trade: Decide if you will purchase TEAM shares at the current market price or use a limit order to buy TEAM shares at a specific price.
  6. Get notifications regarding your investment in TEAM: Create a watchlist to keep tabs on your position in Atlassian shares.

Step 1: Choose where to buy Atlassian stock

You need a brokerage account to access the NASDAQ market and buy TEAM shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you can invest in TEAM stock today.

How to Create a New Investment Account on eToro

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  2. Input your personal details to open a new brokerage account.
  1. Send your information by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on the best stock trading app, you can securely and quickly fund your account:

Check out this video walkthrough for more details depositing money into your new investment account.

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Step 4: Analyze Atlassian stock

After you have identified the best place to buy Atlassian stock, it's important to analyze their stock before you buy, so you actually comprehend the risk and upside.

Atlassian shares quick numbers

TEAM Price
$191.55
1w %
-7.25%
1y %
17.68%
5y %
84.63%
P/E
-128.56x
P/B
54.91x
P/S
12.73x
PEG
N/A
Revenue
$3.89B
Earnings
-$384.34M
Fore. Rev. Growth
16.61%
Fore. Earn. Growth
N/A
Market Cap
$49.69B
Next Earnings
May 2, 2024
Next Dividend
N/A

Fundamentals of Atlassian

WallStreetZen was built to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on TEAM's stock page.

Is TEAM stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge TEAM's fair value.

Using relative valuations ratios:

  • TEAM may be overvalued based on its P/B ratio of 54.91x, relative to Software - Application industry P/B ratio of 6.31x

You can access more valuation research on TEAM's stock here.

Is TEAM a healthy company?

Passed Financial Due Diligence Checks:

  • TEAM's operating cash flow of $1.08B allows it to safely service it's debt of $1.27B.
  • There are more short-term assets than short-term liabilities on the TEAM balance sheet.
  • There are more short-term assets than long-term liabilities on the TEAM balance sheet.

Failed Financial Due Diligence Checks:

  • TEAM profit margin has gone down from -9.6% to -9.9% in the past year.
  • Total TEAM debt is higher than 5 years ago, relative to shareholder equity.
  • TEAM earnings of -$217.46M is not sufficient to cover its interest payments.
  • TEAM has a relatively high debt to equity ratio of 3.92.

Do Wall Street analysts think it's a good time to buy TEAM stock

Out of 9 Equities analysts who track TEAM, the consensus analyst rating on TEAM is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest TEAM Analyst Forecasts

Michael Turrin, a bottom 10% analyst from Wells Fargo maintains TEAM with a strong buy rating and raises their TEAM price target from $275.00 to $285.00, on Jan 24, 2024.

Joel Fishbein, a top 9% analyst from Truist Securities maintains TEAM with a hold rating and raises their TEAM price target from $180.00 to $220.00, on Jan 16, 2024.

Nick Altmann, a bottom 15% analyst from ScotiaBank initiates coverage on TEAM with a hold rating and announces their TEAM price target of $185.00, on Dec 1, 2023.

Rob Owens, a top 1% analyst from Piper Sandler maintains TEAM with a hold rating and lowers their TEAM price target from $200.00 to $180.00, on Nov 3, 2023.

You can dive deeper into what analysts are forecasting on the Atlassian stock forecast page.

TEAM Technical Indicators

SMA10
199.43
SMA20
196.7
SMA50
202.39
SMA100
213.93
SMA200
201.29
MACD
-2.13
MACD Signal
-1.91
MACD Histogram
-0.22
RSI
42.19
Stochastic %K
12.4
Stochastic %D
13.78
StochRSI %K
17.86
StochRSI %D
20.94

Is TEAM Growing Revenue?

Last year, TEAM revenue was $3.89B. In the past five year, TEAM's revenue has increased by 30.28% per year. This was faster than the Software - Application industry average of 27.59%.

You can research TEAM's earnings and revenue performance here.

What are TEAM executives and large shareholders up to?

Over the last year, insiders at TEAM have sold more shares than they have bought.

Michael Cannonbrookes, Co-CEO Co-Founder of TEAM, was the latest TEAM insider to sell. They sold $396,877.19 worth of TEAM shares on Apr 18, 2024.

Learn more about who owns TEAM stock here.

Can I get consistent income from TEAM stock?

No, Atlassian doesn't provide an income stream by paying out dividends.

What do other traders have to say about TEAM?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your TEAM trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, place a limit order.

Click the Open button and your broker will place the order.

If you need more info about buying stocks on eToro, watch the helpful video below:

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Step 6: Get notifications regarding your investment in TEAM

Now that you own some shares in TEAM, you'll want to keep up with your new investment.

Create a watchlist to monitor your TEAM stock.

TEAM Feed

How to Buy Stock in Atlassian

To reiterate, here are the 6 steps you need to take to buy Atlassian stock right now:

  1. Choose where to buy Atlassian stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Atlassian stock
  5. Execute your TEAM trade
  6. Get notifications regarding your investment in TEAM

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Atlassian, create a watchlist on WallStreetZen today.

NASDAQ: TEAM
$191.55-2.06 (-1.06%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: TEAM
$191.55-2.06 (-1.06%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Atlassian share?

As of Apr 19, 2024, it costs $191.55 to buy one share of Atlassian stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.522 shares of TEAM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Atlassian stock?

According to 9 Wall Street analysts who monitor Atlassian, their consensus recommendation is to buy Atlassian stock.

What is the best way to buy Atlassian stock?

One way to place an order for Atlassian stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.