EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Atlassian Corp Plc (TEAM) fair value: what the stock is really worth

We calculate from audited financials what Atlassian Corp Plc is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Technology · US · ISIN US0494681010

AC Atlassian Corp Plc logo Thin data Sep 18, 2026

Atlassian Corp Plc

TEAM · US

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value $227.16 · Undervalued (+16%)
!Quality 59/100
!Mixed Growth (revenue 5y +26.4 %/yr)
!Loss-making · -3.5% net margin (TTM)
✓Moderate debt · generates free cash flow
!Mixed vs. peers (5/12)
!Narrow moat 40/100
!Insider activity 40/100
!Evidence only low, so the estimate is less certain
Watch Atlassian Corp Plc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$458.13 $57.15 Fair Value $227.16 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.

How to read this chart

60‑month range $57.15 – $458.13 · fair‑value band $122.99 – $337.41 · the $195.67 price screens below the $227.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.

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

Company profile

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

Show more

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.

Stock analysis

Atlassian Corp Plc (TEAM) currently trades at $195.67, while our model-based Fair Value estimate is $227.16, implying the stock looks roughly 13.9% undervalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of $244.39 per share, and 4 of the 7 models we run sit above the $195.67 price.

Bear case: the Multiples group reads lowest at $124.83, and 3 of the 7 models stay below the price. Evidence for this calculation is low.

Scenario range: $122.99 (bear) to $337.41 (bull), the price of $195.67 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 59/100 (solid quality), in the Technology sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

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

Key figures

Market cap $22.5B · P/S ratio 3.64 · EPS (TTM) $−0.8200 · Net margin −4.9% · Return on equity −19.3% · Return on assets (EBIT) −1.7% · Operating margin 9.4% · Revenue (TTM) $6.2B.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (medium confidence).

What moves the price

The share trades about 12% below its 52-week high and 249% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at −16% fair-value upside, at 16%, TEAM screens cheaper than that median.

Fair Value models

Bear $122.99 Fair Value $227.16 Bull $337.41
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF $158.80 $244.39 $516.96 76
Growth DCF $149.93 $288.18 $514.71 75
5Y Revenue Exit $115.70 $189.73 $344.36 70
All 7 models by family
DCF Models
FCF DCF $158.80 $244.39 $516.96 76
5Y Revenue Exit $115.70 $189.73 $344.36 70
10Y Revenue Exit $126.49 $257.99 $339.00 66
Multiples
EV/Revenue $90.25 $124.83 $159.41 54
Asset-Based
NCAV (Graham) $4.21 $5.65 $8.43 54
Growth DCF
Growth DCF $149.93 $288.18 $514.71 75
Rev-Margin DCF $122.19 $215.71 $402.58 69

Open the full fair value analysis →

Notify me when TEAM reaches fair value

Put TEAM on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 59/100

Of which business quality 63 · Market factors (momentum, volatility) 62

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 79
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 71
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+19.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+23.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+26.4%
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+34.5%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−5.2% (2019) → −2.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Growth Forecast

Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.5%
Yearly sales growth analysts expect, extended to five years.
Forecast 2026 (sales)+19.1%
Forecast 2027 (sales)+19.1%
Projected 2028 (sales)+16.9%
Projected 2029 (sales)+14.8%
Projected 2030 (sales)+12.7%

Watch TEAM, get fair value alerts →

Recent news

News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.

Compare Atlassian Corp Plc with another stock

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

Free, no sign-up

Peer Groupⓘ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.Software - Application · 701 stocks

Beats the industry median on 4/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 59 · Above median
Fair Value upside −35% · Below median
Profitability
Return on assets 1% · Below median
Net margin (TTM) −4% · Below median
Operating margin (TTM) 9% · Above median
Growth and dividend
Revenue growth 32% · Top 25%
Balance sheet
Debt / equity 0.73× · Highest 25%

Valuation Multiplesvs Software - Application median · lower = cheaper

P/B 16.76× · Priciest 25%
P/S (TTM) 3.64× · Pricier than median
P/FCF 15.9× · Pricier than median
PEG 0.68× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)55 · sector 24
FUTURE (revenue growth)100 · sector 36
PAST (return on equity)0 · sector 12
HEALTH (low debt)63 · sector 98
DIVIDEND (yield)0 · sector 28

Context: sector, industry, market

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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
SAP SE SAP €186.56 €156.00 −16%
Shopify Inc SHOP C$178.41 C$112.02 −37%
Uber Technologies, Inc UBER $71.43 $102.51 +44%
Salesforce, Inc CRM $255.65 $344.41 +35%
ServiceNow, Inc NOW $141.90 $156.09 +10%
Cadence Design Systems, Inc CDNS $273.96 $224.24 −18%
Snowflake Inc SNOW $322.98 $74.65 −77%
Datadog, Inc DDOG $230.27 $32.92 −86%
Adobe Inc ADBE $257.76 $471.62 +83%
Automatic Data Processing, Inc ADP $276.53 $177.51 −36%

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
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.

Atlassian Corp Plc · Fair Value
$227.16 +14%Fair Value
Calculator →

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

Frequently asked questions

Is Atlassian Corp Plc (TEAM) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of $227.16 versus a price of $195.67, about +16% upside (undervalued).
What is the fair value of TEAM?
Our model-based fair value for Atlassian Corp Plc is $227.16 (as of Sep 18, 2026), built from audited fundamentals. The current price: $195.67.
What is the quality score of TEAM?
Atlassian Corp Plc 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 price target for Atlassian Corp Plc (TEAM)?
Our model-based price target is the fair value of $227.16 (as of Sep 18, 2026) from 7 valuation models. Cautious scenario $122.99, optimistic scenario $337.41. It is a calculation from audited fundamentals, not an analyst target.
What is the Atlassian Corp Plc stock forecast for 2026?
Our models put fair value at $227.16, about +16% upside versus a price of $195.67 (undervalued). Cautious scenario $122.99, optimistic scenario $337.41. The calculation is refreshed regularly with new filings.
What is the revenue of Atlassian Corp Plc (TEAM)?
Atlassian Corp Plc reported trailing-twelve-month revenue of about $6.2B (latest available figure, as of Sep 18, 2026).
What growth is priced into Atlassian Corp Plc (TEAM)?
For today's price to be fair in a discounted-cash-flow model, Atlassian Corp Plc would have to grow free cash flow by +17.5 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +26.4 % per year. As of Sep 18, 2026.
What discount rate (WACC) does the fair value of TEAM use?
Our models discount Atlassian Corp Plc at 9.0 %: a base by market capitalisation (large), damped by beta 0.90, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Atlassian Corp Plc that is +17.5 % per year a year over ten years, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Atlassian Corp Plc (TEAM) delivered so far?
Over the past 5 years revenue at Atlassian Corp Plc grew +26.4 % a year. The price currently implies +17.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Atlassian Corp Plc (TEAM) growing?
The median revenue growth in the sector is +8.0 % a year. That is the yardstick for the growth priced into Atlassian Corp Plc (+17.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Atlassian Corp Plc (TEAM)?
The free-cash-flow yield on the price is 2.82 %: that much free cash flow Atlassian Corp Plc produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Atlassian Corp Plc (TEAM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Atlassian Corp Plc it is $227.16 per share (as of Sep 18, 2026), against a price of $195.67. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Atlassian Corp Plc stock overvalued or undervalued in 2026?
As of Sep 18, 2026, TEAM trades below its calculated fair value: price $195.67, fair value $227.16, a gap of about +16% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TEAM?
No. The price is what the market pays today ($195.67); the fair value is what the company's own numbers justify ($227.16). For Atlassian Corp Plc the two are $31.49 per share apart. That gap is exactly why we show both numbers side by side.
How much is Atlassian Corp Plc worth?
The market values Atlassian Corp Plc at about $22.5B (market capitalisation, as of Sep 18, 2026). Per share that is $195.67; our models calculate a fair value of $227.16 per share.
What do the bullish and bearish scenarios say about TEAM?
Our models span a range for Atlassian Corp Plc: cautious scenario $122.99, base $227.16, optimistic $337.41 per share (as of Sep 18, 2026, price $195.67). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of TEAM?
The PEG ratio of Atlassian Corp Plc is 0.68 (P/E divided by earnings growth, as of Sep 18, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Atlassian Corp Plc (TEAM)?
Balance-sheet figures for Atlassian Corp Plc (as of Sep 18, 2026): return on equity −19.3%, debt of 0.73 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is TEAM from its 52-week high?
Atlassian Corp Plc trades at $195.67, about 12% below its 52-week high of $222.59 and 249% above the low of $56.01 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of $227.16 is for.
Which stocks are comparable to Atlassian Corp Plc?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Atlassian Corp Plc stock attractive at the current price?
The data as of Sep 18, 2026: price $195.67, calculated fair value $227.16 (+16%), Quality Score 59/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TEAM calculated?
We run Atlassian Corp Plc through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $227.16, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 16.1 % above its aggregate fair value. Atlassian Corp Plc currently trades 16 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Atlassian Corp Plc (TEAM)?
The closing price on Sep 21, 2026 was $195.67. Our model-based fair value is $227.16, about +16% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Atlassian Corp Plc right now?
The model range is unusually wide ($122.99 to $337.41). The outcome hinges heavily on assumptions, so read the point estimate with caution. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Atlassian Corp Plc

How large is the market capitalisation of Atlassian Corp Plc (TEAM)?
The market capitalisation of Atlassian Corp Plc is $22.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Atlassian Corp Plc (TEAM)?
The price-to-sales ratio of Atlassian Corp Plc is 3.64 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Atlassian Corp Plc (TEAM)?
Earnings per share at Atlassian Corp Plc are $−0.8200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Atlassian Corp Plc (TEAM)?
The net margin of Atlassian Corp Plc is −4.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Atlassian Corp Plc (TEAM)?
The return on equity (ROE) of Atlassian Corp Plc is −19.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Atlassian Corp Plc (TEAM)?
On an EBIT basis the return on assets of Atlassian Corp Plc is −1.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Atlassian Corp Plc (TEAM)?
The operating margin of Atlassian Corp Plc is 9.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Atlassian Corp Plc (TEAM)?
Revenue at Atlassian Corp Plc is growing +31.7% versus a year earlier (3y avg +23.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Atlassian Corp Plc (TEAM)?
Earnings per share at Atlassian Corp Plc are growing +172% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Atlassian Corp Plc (TEAM) hold?
Atlassian Corp Plc holds more cash than debt, $1.3B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Atlassian Corp Plc in the live analysis

One click puts Atlassian Corp Plc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.