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Atlassian Stock Analysis: I Highlight 3 Risks Investors Need to Know and Update My Recommendation
The Motley Fool· 2025-04-24 11:30
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Atlassian. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
As DOGE Disrupts, Atlassian Seems Better Positioned Than ServiceNow
Seeking Alpha· 2025-04-22 07:27
Group 1 - The article discusses the impact of tariffs on hardware companies, particularly those involved in chips, personal computers, and smartphones, suggesting that tech investors may consider software companies as a protective measure against market volatility [1] - The author emphasizes a unique perspective derived from extensive experience in IT and investment, focusing on themes such as automated supply chains, Generative AI, and the deflationary nature of software [1] - The investment journey highlighted includes a transition from mutual and indexed funds to individual stocks, with lessons learned from the 2008/2009 financial crisis influencing a more cautious investment approach [1]
Atlassian: A Growth Prospect At These Levels
Seeking Alpha· 2025-04-17 11:30
Core Insights - Atlassian (NASDAQ: TEAM) is positioned for growth and has demonstrated strong year-over-year growth, making it a potential candidate for long-term investors despite upcoming challenges related to IT budget cuts [1] Company Analysis - Atlassian has shown consistent growth, indicating a robust business model and market demand for its products [1] - The company is likely to face headwinds due to budget cuts in the IT sector, which may impact its growth trajectory [1] Investment Considerations - Long-term investors should keep Atlassian on their radar as it continues to expand, even in the face of potential short-term challenges [1]
Veho Adds Veteran Finance Leader Alex Estevez to its Board
Prnewswire· 2025-04-15 15:30
Company Overview - Veho is a logistics and technology company operating one of the largest parcel delivery platforms in the U.S. [1] - The company aims to transform shipping from a cost center into a value driver by leveraging purpose-built technology and a scalable delivery network [4]. Leadership Addition - Alex Estevez, a veteran finance executive with over 25 years of experience in scaling technology businesses, has joined Veho's Board [2][3]. - Estevez has held key financial leadership roles at notable companies such as Atlassian, Datastream Systems, and BigFix, and has been an advisor to various tech firms [2]. Strategic Vision - Veho's co-founder and CEO, Itamar Zur, emphasized that Estevez's financial expertise will be crucial as the company aims to become the delivery platform partner of choice for leading brands [3]. - Estevez highlighted the importance of operational discipline and financial control in executing Veho's strategy, which is centered on customer-centric operational excellence [3]. Performance Metrics - Veho boasts impressive operational metrics, including a 99% on-time delivery rate, a customer satisfaction score of 4.9/5, 71% fewer delivery-related refunds, and a 41% increase in customer lifetime value [4]. - The company currently serves over 113 million Americans across 50 markets and continues to grow [4].
Atlassian (TEAM) Soars 14.0%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 13:25
Company Overview - Atlassian (TEAM) shares increased by 14% to close at $209.62, following a broader market rally after US President Donald Trump's announcement to pause reciprocal tariffs for 90 days, although a baseline tariff of 10% on imports remains in effect [1] - The stock had previously experienced an 18% loss over the past four weeks [1] Earnings Expectations - Atlassian is expected to report quarterly earnings of $0.90 per share, reflecting a year-over-year increase of 1.1% [2] - Revenue is anticipated to reach $1.35 billion, which is a 13.4% increase compared to the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for Atlassian has been revised down by 1.6% over the last 30 days [3] - A negative trend in earnings estimate revisions typically does not lead to price appreciation, indicating potential caution for future stock performance [3] Industry Context - Atlassian is part of the Zacks Internet - Software industry, which includes other companies like Match Group (MTCH) [3] - Match Group's consensus EPS estimate remains unchanged at $0.68, representing a year-over-year change of 54.6% [4] - Match Group also holds a Zacks Rank of 3 (Hold), similar to Atlassian [4]
Is TEAM Stock Still Worth Holding Despite Falling 28% in a Month?
ZACKS· 2025-04-04 15:20
Core Viewpoint - Atlassian's stock has declined 28.3% over the past month, significantly underperforming compared to the broader market and its industry peers, raising questions about whether to hold or sell the stock. Despite short-term challenges, the long-term growth potential remains strong, suggesting that holding the stock may be advisable [1]. Group 1: Stock Performance - Atlassian shares have dropped 28.3% in the last month, while the Zacks Computer Technology sector, Zacks Internet Software industry, and S&P 500 have seen declines of 12.4%, 17.7%, and 7.9%, respectively [1]. - The company is facing real near-term headwinds, but its long-term growth story is still intact, making a case for holding the stock [1]. Group 2: Factors Contributing to Underperformance - Broader market weakness and fears of increased tariffs affecting data center services and networking equipment costs have contributed to Atlassian's stock decline, impacting its margins [3][4]. - The company has experienced a slowdown in sales growth post-pandemic, with revenue growth rates dropping from mid-30s percentage range in fiscal 2022 to low-to-mid 20s percentage range in the past two fiscal years [5]. Group 3: Competitive Landscape - Atlassian faces intense competition in the collaboration and workflow software market from major players like Microsoft, Salesforce, and Monday.com, which may pressure its pricing and margins [6][8]. - The company’s products, such as JIRA and Confluence, compete directly with offerings from industry leaders, which could necessitate increased investment in R&D [7][8]. Group 4: Growth Opportunities - Atlassian is integrating AI across its product suite, leading to a 40% year-over-year increase in sales for its Premium and Enterprise editions, indicating strong customer adoption of higher-value AI products [10]. - The company is focused on migrating customers to a subscription-based cloud model, which generates stable recurring revenues and is nearing FedRAMP Moderate Authorization to attract U.S. government agencies [11]. Group 5: Conclusion - Despite facing regulatory, macroeconomic, and competitive challenges, Atlassian is enhancing its product portfolio and implementing AI and cloud strategies to drive future growth, suggesting that investors should consider retaining the stock for now [12].
Atlassian: A High-Quality Software Company With AI Tailwinds
The Motley Fool· 2025-04-03 23:00
Core Insights - The Motley Fool aims to enhance the intelligence, happiness, and wealth of individuals globally [1] Company Overview - Founded in 1993, The Motley Fool is a financial services company [1] - The company reaches millions of people monthly through various channels including premium investing solutions, free guidance, market analysis on Fool.com, top-rated podcasts, and its non-profit arm, The Motley Fool Foundation [1]
ServiceNow vs. Atlassian: Which ITSM Provider Has Greater Upside?
ZACKS· 2025-04-02 15:55
Core Insights - The competitive landscape in IT Service Management (ITSM) is evolving due to the rise of agentic AI, with predictions that by 2029, 80% of general customer issues will be resolved autonomously, leading to a 30% cost reduction [2] Company Analysis: ServiceNow (NOW) - ServiceNow's Now Platform integrates Now Assist, its AI solution, enhancing productivity across various domains such as CRM, HR, and IT [3] - The company has a strong partner ecosystem, including Amazon, NVIDIA, Microsoft, and DXC Technology, which aids in expanding its offerings [4] - As of Q4 2024, ServiceNow had 2,109 customers with over $1 million in annual contract value, reflecting a 14% year-over-year growth [5] - ServiceNow's subscription revenue is projected to be between $12.635 billion and $12.675 billion for 2025, indicating an 18.5% to 19% increase from 2024 [12] - The consensus estimate for ServiceNow's 2025 earnings has declined by three cents to $16.21 per share, suggesting a 16.45% growth over 2024 [15] - ServiceNow shares have dropped 23.5% year-to-date, impacted by unfavorable forex and a back-end loaded federal business [9][12] Company Analysis: Atlassian (TEAM) - Atlassian has integrated AI features across its major products, resulting in over one million monthly active users engaging with these features daily [6] - The company reported a 40% year-over-year increase in sales for its Premium and Enterprise editions, driven by higher-value AI-infused products [6] - Atlassian's partnership with Microsoft-backed OpenAI enhances its product capabilities, particularly in Confluence and Jira Service Management [7] - The company closed a record number of deals worth over $1 million in Q2 of fiscal 2025, indicating strong enterprise penetration [8] - Atlassian expects revenues to grow by 18.5% to 19% year-over-year in fiscal 2025, with a non-GAAP gross margin of 84.5% and an operating margin of 23.5% [13] - The consensus estimate for Atlassian's 2025 earnings is $3.47 per share, reflecting an 18.43% increase over fiscal 2024 [14] Valuation Comparison - Both companies are considered overvalued, with Atlassian trading at a forward Price/Sales ratio of 9.6X, compared to ServiceNow's 12.23X [17] Conclusion - Atlassian's strategy of leveraging AI for enterprise growth positions it favorably, while ServiceNow faces potential volatility in its growth trajectory due to external factors [20]
LEADING SMALL TEAM IN WASHINGTON, D.C. JOINS TTR SOTHEBY'S INTERNATIONAL REALTY
Prnewswire· 2025-03-27 20:28
Core Insights - Sotheby's International Realty announced the addition of HRLS Partners, a leading luxury real estate team, which has achieved a total lifetime sales volume of $2.42 billion and nearly 1,300 transactions [1][2] - HRLS Partners has been recognized as one of the "Top 1,000 Agent Teams in America" and achieved the highest average sales price of $3 million in the Capital Region in 2023 [2] - The partnership aims to leverage Sotheby's global brand and marketing resources to enhance their service offerings in the luxury real estate market [4] Company Overview - HRLS Partners consists of four members with a combined 70 years of experience in luxury real estate across D.C., Maryland, and Virginia [2] - The team recently completed a notable sale of an estate for $11.2 million in McLean, Virginia [2] - TTR Sotheby's International Realty will now operate 13 offices in the Washington, D.C. area, with HRLS Partners helping to establish a new office in Cleveland Park [3] Strategic Growth - The addition of HRLS Partners is seen as a significant milestone in TTR Sotheby's strategic growth, enhancing their presence in the luxury market [3] - The partnership is expected to create exceptional opportunities for both clients and agents, leveraging HRLS's market knowledge and reputation for excellence [3] - Sotheby's International Realty has a global network that spans 84 countries and territories, providing extensive marketing exposure for listings [4][6]
MASSACHUSETTS REALTOR® AND AWARD-WINNING TEAM LEADER MICHELLE FERMIN OF CENTURY 21 NORTH EAST INDUCTDED INTO CENTURY 21 DICK LOUGHLIN INTERNATIONAL HALL OF FAME
Prnewswire· 2025-03-27 14:00
Core Points - Michelle Fermin of CENTURY 21 North East has been inducted into the CENTURY 21® Dick Loughlin International Hall of Fame for her contributions to the real estate profession and community service [1][2][3] - The Hall of Fame recognizes elite independent sales professionals within the CENTURY 21 System, requiring a minimum of 10 years of affiliation and eight years at CENTURION® level production [2] Company Overview - Century 21 Real Estate LLC is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS) and operates over 11,000 offices across 79 countries, employing more than 130,000 independent sales professionals [6][7] - The company provides industry-leading tools, resources, and marketing assets to its members, enhancing their ability to serve clients effectively [6] Achievements and Contributions - Fermin has led her team, The Fermin Group, to significant industry recognitions, including being ranked as the 5 Top Latino Team by the National Association of Hispanic Real Estate Professionals in 2024 and the CENTURY 21 1 Obsessed 6 Team in the US by AGC in both 2023 and 2024 [3][4] - Fermin is also the founder of We Women United, a nonprofit organization aimed at supporting women in business, and has initiated the Andres Castañeda Real Estate Scholarship to honor a late team member and support aspiring real estate agents [3][4] Community Engagement - Fermin actively participates in local afterschool programs to educate aspiring real estate professionals and has been involved in community service initiatives that empower young women facing domestic challenges [4]