Through the first part of 2025, one of the most impressive stocks on the market is Atlassian NASDAQ: TEAM. As of the Feb. 3 close, shares of the technology stock are up by over 28%.
Atlassian's stock has surged 89% since my initial "buy" rating and 42% since my last “buy” rating, outperforming the S&P 500, driven by enterprise growth and successful AI monetization with Rovo. Its Q2 FY25 earnings exceeded expectations, with revenue and non-GAAP operating income growing 21% and 34% YoY, respectively, prompting raised FY25 revenue and earnings guidance. Meanwhile, Rovo's adop...
Shares of work management software company Atlassian (TEAM 16.79%) jumped to a two-year high on Friday after the company reported financial results for its fiscal second quarter of 2025. Investors seem to be particularly encouraged by some big contract wins in Q2.
Atlassian (NASDAQ:TEAM) surged 17% on Friday after the collaboration software company reported stronger-than-expected quarterly earnings and revenue, with subscription growth exceeding analyst expectations. For its fiscal second quarter, Atlassian posted earnings per share of $0.96, beating Wall Street estimates of $0.62 by $0.34.
Atlassian stock rallied after Q2 showed strong revenue growth, beating expectations and lifting full-year guidance while not decelerating at all from Q1's growth pace. These strong results are a relief after direct competitor ServiceNow released a disappointing deceleration in its results, and fell ~10% in the aftermath. The company's AI product Rovo is driving strong upsells to higher tier SKU...
Atlassian shares popped more 20% in premarket trading after blowing past Wall Street's fiscal second-quarter earnings and guidance. The company reported adjusted earnings of 96 cents per share and $1.29 billion in revenues.
Atlassian posted strong Q2 results, with 21% YoY revenue growth and improved profit margins, driving a significant post-earnings rally. Management raised full-year revenue growth guidance to 19% with an implied Q4 acceleration to 20% YoY growth. Despite TEAM stock trading at the high end of my fair value range, I still see a path to market-beating returns.
Team collaboration and productivity software specialist Atlassian (TEAM -1.61%) reported fiscal year 2025 second-quarter results on Thursday, Jan. 30, that topped analysts' consensus estimates. Q2 revenue of $1.29 billion surpassed the estimated $1.24 billion mark while adjusted earnings per share came in at $0.96, outshining the anticipated $0.75.
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