EN DE

Atlassian Corporation (TEAM) Fair Value & Analysis

Technology · US · Market cap $22.5B

AC Atlassian Corporation logo Atlassian Corporation TEAM · US
Price$165.98
Fair Value$123.25
Upside-25.7%
Quality59/100
Watch Atlassian Corporation for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -3.5% net margin
Moderate debt · generates free cash flow
Trails peers (4/12)
Narrow moat 40/100
Evidence: Low Range $88.67 – $157.84 Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from $54.67 to $123.25 (+125.4%) since Jul 13, 2026. Share price +86.3% over the past month.

A solid business, but screening 26% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($157.84). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$458.13 $57.15 Fair Value $123.25 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $57.15 – $458.13 · fair‑value band $88.67 – $157.84 · the $165.98 price screens above the $123.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Atlassian Corporation (TEAM) currently trades at $165.98, while our model-based Fair Value estimate is $123.25, implying the stock looks roughly 25.7% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Atlassian Corporation generated revenue of $6.2B at a net margin of -3.5%. Revenue grew 31.7% year over year. It earns a return on equity of -19.3%. The balance sheet holds a net cash position of $1.3B. Fundamentals as of Aug 13, 2026

Our scenario range runs from $88.67 (bear case) to $157.84 (bull case); at $165.98, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 196% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -40% fair-value upside, at -26%, TEAM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $149.93 $288.18 $514.71 80
Rev-Margin DCF $122.19 $215.71 $402.58 74
NCAV (Graham) $4.21 $5.65 $8.43 50
All 7 models by family
DCF Models
FCF DCF $158.80 $244.39 $516.96 38
5Y Revenue Exit $115.70 $189.73 $344.36 39
10Y Revenue Exit $126.49 $257.99 $339.00 36
Multiples
EV/Revenue $90.25 $124.83 $159.41 43
Asset-Based
NCAV (Graham) $4.21 $5.65 $8.43 50
Growth DCF
Growth DCF $149.93 $288.18 $514.71 80
Rev-Margin DCF $122.19 $215.71 $402.58 74

Widest divergence: DCF Models ($244.39) versus Asset-Based ($5.65). Highest evidence: Growth DCF (80).

Notify me when TEAM reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) $6.2B
Revenue growth (YoY) +31.7%
Net margin -3.5%
Return on equity -19.3%
Free cash flow $1.4B FY2025
Operating margin 9.4%
More key figures
EPS (TTM) $-0.8200
EPS growth (YoY) +172%
Net cash $1.3B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 63 · Market factors (momentum, volatility) 52

Profitability 33
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 98
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 27
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 71
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide.

Full company description

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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Atlassian Corporation reported revenue of $5.2B in FY2025 versus $2.1B in FY2021, a compound +25.7%/yr. Reported net income was −$257M in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$5.2B
Latest YoY
+19.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.4%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+34.5%
Revenue +25.7%/yr
FY21 $2.1B
FY22 $2.8B
FY23 $3.5B
FY24 $4.4B
FY25 $5.2B
Net income
FY21 −$696M
FY22 −$520M
FY23 −$487M
FY24 −$301M
FY25 −$257M

TEAM screens 26% overvalued. Compare with SAP SE →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Atlassian Corporation Fair Value". https://www.fairvalue-calculator.com/stock/TEAM

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Software - Application · 713 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −26% · Below median
Return on assets 1% · Below median
Net margin (TTM) -4% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth 32% · Top 25%
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 16.76× · Pricier than 75% of peers
P/S (TTM) 3.64× · Pricier than median
P/FCF 15.9× · Pricier than median
PEG 0.68× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 4
FUTURE 100 · sector 38
PAST 0 · sector 13
HEALTH 63 · sector 98
DIVIDEND 0 · sector 27

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.46 C$16.26 +30%
Shopify Inc SHOP C$209.78 C$28.76 -86%
Uber Technologies, Inc UBER $75.36 $43.66 -42%
Salesforce, Inc CRM $193.32 $249.28 +29%
ServiceNow, Inc NOW $124.94 $43.73 -65%
Cadence Design Systems, Inc CDNS $323.13 $112.57 -65%
Beijing Kingsoft Office Software, Inc 688111 ¥254.50 ¥81.23 -68%
Tata Elxsi Limited TATAELXSI ₹3,712 ₹2,519 -32%
Douzone Bizon Co 012510 120,000 KRW 92,181 KRW -23%
KFin Technologies Limited KFINTECH ₹922.00 ₹556.85 -40%

Compare Atlassian Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Atlassian Corporation (TEAM) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $123.25 versus a price of $165.98, about −26% (overvalued).
What is the fair value of TEAM?
Our model-based fair value for Atlassian Corporation is $123.25 (as of Aug 13, 2026), built from audited fundamentals. The current price is $165.98.
What is the quality score of TEAM?
Atlassian Corporation has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Atlassian Corporation (TEAM)?
Atlassian Corporation reported trailing-twelve-month revenue of about $6.2B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of TEAM?
The net profit margin of Atlassian Corporation is about -3.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Atlassian Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.