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Track Atlassian Corporation in real time with a live news feed covering Atlassian Corporation stock news, official press releases, company announcements, and an archive of historical Atlassian Corporation news. ...more
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5:15 AM | Tuesday | Aug 11, 2026
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Wall Street soured on software companies during the past year amid concern artificial intelligence (AI) would disrupt their business model. Atlassian is proving the doubters wrong with soaring revenue growth, partly driven by its own AI platform.
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Wall Street soured on software companies during the past year amid concern artificial intelligence (AI) would disrupt their business model. Atlassian is proving the doubters wrong with soaring revenue growth, partly driven by its own AI platform.
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Software stocks are staging a comeback in the second half of the year, according to Jefferies analysts, who pointed to strong results from ServiceNow Inc (NYSE:NOW, XETRA:4S0), SAP, Roper Technologies, Atlassian (NASDAQ:TEAM) and Cloudflare as evidence the sector is shaking off fears of AI-driven disruption. Solid earnings beats, healthy margins and early signs of AI monetization through consumption growth and product up-tiering are easing investor concerns about software companies' long-term value, the analysts said.
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Atlassian Corporation (NASDAQ:TEAM) stock rose 35% this week in one of the sharpest single-session moves of the year. Shares jumped from a $110.17 close on August 6 to as high as $153.20 intraday on August 7, 2026.
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Atlassian Corporation (NASDAQ:TEAM) stock rose 35% this week in one of the sharpest single-session moves of the year. Shares jumped from a $110.17 close on August 6 to as high as $153.20 intraday on August 7, 2026.
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Atlassian's fiscal fourth-quarter revenue rose 28% year over year to $1.77 billion. The company swung from a year-ago operating loss to a 12% operating margin on a GAAP basis.
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Cetera Investment Advisers increased its holdings in shares of Atlassian Corporation PLC (NASDAQ: TEAM) by 23.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,599 shares of the technology company's stock after purchasing an additional 6,670 shares during
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Atlassian surged 35% post-earnings, driven by 28% YoY revenue growth, which beat by the highest magnitude in 9 quarters and its first full year of GAAP profitability. TEAM's cloud revenue accelerated to 31% YoY, with enterprise deals and AI agent Rovo adoption fueling ARR growth and platform expansion. Management guides FY27 revenue growth to 13% YoY, with Cloud at 25.5% and the Data Center segment declining due to migration and EOL impacts.
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Wall Street's concerns that artificial intelligence would trigger a "SaaSocalypse" for enterprise software companies are facing a fresh test as a series of stronger-than-expected earnings reports has sparked a sharp rebound across the sector. Software stocks have recently staged one of their strongest rallies in years following quarterly results from companies including Atlassian, Twilio, JFrog, ServiceNow and Cloudflare.
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Atlassian (NASDAQ:TEAM) shares jumped more than 30% on Friday after the software maker posted fourth-quarter revenue and cloud growth that topped analyst estimates and issued a stronger-than-expected cloud revenue outlook for fiscal 2027. Revenue for the quarter came in at $1.8 billion, up 28% from a year earlier and above the $1.66 billion analysts had expected.
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TEAM tops Q4 earnings and revenue estimates as subscription, cloud and AI platform growth fuel enterprise momentum and support fiscal 2027 outlook.
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Atlassian's cloud growth, record enterprise deals and rising Rovo adoption fuel momentum, while fiscal 2027 guidance reflects external uncertainty.
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Investors can watch whether Atlassian sustains its cloud growth, Twilio continues its revenue reacceleration and Cloudflare maintains its AI-driven momentum.
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Sam Vadas and Nicole Petallides break down three of Friday morning's biggest earnings movers. Atlassian (TEAM) surges after beating expectations and issuing upbeat guidance, while Twilio (TWLO) rallies after topping quarterly estimates and raising its full-year outlook.
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