Financial Data and Key Metrics Changes - Atlassian closed Q2 with an annual run rate revenue surpassing $6 billion, achieving its first-ever $1 billion cloud revenue quarter, which represents a 26% year-over-year increase [5] - Remaining Performance Obligations (RPO) grew 44% year-over-year to $3.8 billion, indicating strong future revenue visibility [5] Business Line Data and Key Metrics Changes - The cloud revenue segment saw significant growth, contributing to the overall revenue increase, while the Data Center (DC) segment is expected to decline due to tough comparisons [31][30] - The Teamwork Collection, which includes AI capabilities, has seen over 1 million seats sold in under nine months, indicating strong adoption and demand [22] Market Data and Key Metrics Changes - Atlassian reported a net revenue retention (NRR) rate of over 120%, reflecting strong customer loyalty and expansion [19] - The company noted that customers using AI code generation tools experienced a 5% increase in task creation and monthly active users compared to those not using these tools [6][60] Company Strategy and Development Direction - Atlassian is focusing on enterprise, AI, and system-of-work transformations, positioning itself as a strategic partner for large enterprises [5][9] - The company is committed to enhancing its AI capabilities and integrating them into customer workflows, which is seen as a key driver for future growth [6][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth trajectory, emphasizing the importance of AI in driving customer engagement and operational efficiency [9][35] - Despite market noise and concerns, management believes that Atlassian is well-positioned to help customers navigate challenges and improve their business processes [15][16] Other Important Information - Atlassian's service collection is growing rapidly, with over 65,000 customers and significant year-over-year growth in the enterprise segment [67] - The company is recognized as a leader in enterprise service management, with a strong focus on integrating AI into service workflows [69] Q&A Session Summary Question: Changes in customer conversations and AI's impact - Management noted that customer conversations have become more strategic, with clients seeking partnerships to leverage AI capabilities, which are driving upgrades to the Teamwork Collection [12][13] Question: Pricing evolution and customer preferences - Management indicated that current pricing models are delivering value, and customers prefer predictable, seat-based pricing, which aligns with their needs [20][21] Question: Competitive landscape and AI tools - Management acknowledged the emergence of new AI tools but emphasized the unique value of Atlassian's offerings and its integration capabilities with various platforms [25][27] Question: Cloud migration impact on revenue - Management reported healthy cloud migrations contributing mid- to high-single-digit impacts to cloud revenue growth rates [49] Question: Seat expansion dynamics - Management highlighted broad-based seat expansion across both tech and non-tech users, particularly in business functions, indicating strong demand for Atlassian's products [52][56] Question: JSM growth and competitive dynamics - Management confirmed that the service collection is performing well, with significant growth in HR and finance sectors, and emphasized the importance of integrating AI into service workflows [68][69]

Core Viewpoint - Atlassian has raised its fiscal 2026 revenue growth forecast, anticipating strong spending on enterprise software services as clients increasingly adopt artificial intelligence [1] Group 1: Revenue Growth Forecast - The company is betting on robust revenue growth driven by the integration of artificial intelligence into its services [1] Group 2: Client Spending Trends - There is a notable increase in client spending on enterprise software, indicating a shift towards more advanced technological solutions [1]

Atlassian Announces Second Quarter Fiscal Year 2026 Results Revenue of $1,586 million, up 23% year-over-year Cloud revenue of $1,067 million, up 26% year-over-year Remaining performance obligations of $3,814 million, up 44% year-over-year GAAP operating margin of (3)% and non-GAAP operating margin of 27% TEAM Anywhere/San Francisco (February 5, 2026) — Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced financial results for its second qu ...

Atlassian stock price continued its strong downward trend, mirroring the performance of other software companies. TEAM plunged to a low of $100, down sharply from last year's high of $325 and the all-... ...

智通财经APP获悉，进入新年仅一个月，软件板块的紧张情绪已迅速升温。在人工智能浪潮席卷之下， 市场担忧AI工具将侵蚀传统软件公司的市场份额，尤其是项目管理与工作流管理领域，被华尔街视为 最可能遭到"颠覆"的赛道之一。 不过，分析师认为，Atlassian(TEAM.US)与Monday.com(MNDY.US)或许并非AI威胁下的"受害者"，反 而可能成为赢家。 两家公司将在未来几天陆续公布财报,Atlassian将于周四美股收盘后发布第二财季业绩，Monday.com则 将在下周一开盘前披露第四财季数据。Cantor分析师Thomas Blakey预计，两家公司业绩有望缓解市场 对AI冲击的担忧。 过去12个月，由于投资者对AI替代风险的焦虑不断加剧，Atlassian与Monday.com股价均累计下跌超过 60%。市场担心，AI驱动的新型开发模式和自动化工具可能削弱项目管理软件的需求。 但Blakey指出，两家公司对自身产品与AI整合能力保持信心，尤其是在与Anthropic旗下Claude模型的集 成方面,这正是引发行业焦虑的核心AI平台之一。 Blakey预计，Atlassian云业务收入将在本季度 ...

Group 1 - Atlassian's stock price decreased by 1.6% [1] - Adobe's stock price fell by 2.5% [1] - Salesforce's stock price dropped by 2.7% [1] - ServiceNow's stock price also declined by 2.7% [1] - Cloudflare's stock price decreased by 3% [1] - Datadog's stock price fell by 2.2% [1] - Intuitive Surgical's stock price dropped by 4.9% [1]

Analysts on Wall Street project that Atlassian (TEAM) will announce quarterly earnings of $1.12 per share in its forthcoming report, representing an increase of 16.7% year over year. Revenues are projected to reach $1.54 billion, increasing 19.7% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this perio ...

Select Wall Street analysts think shares of Datadog and Atlassian are headed much higher in the next year.The S&P North American Technology Software Index, which tracks 111 software stocks, has fallen 24% from the record high it reached in September 2025. That puts the index in bear market territory. Investors are worried that artificial intelligence (AI) coding tools will limit demand for software in the future.I think the market is too pessimistic. Morgan Stanley's fourth-quarter CIO survey suggests softw ...

Core Insights - Anthropic and Atlassian Williams F1 Team have announced a multi-year partnership, designating Claude as the team's Official Thinking Partner [1] - Claude will be integrated throughout the Williams organization to enhance race strategy, car development, and operations, especially during significant regulatory changes in Formula 1 [2] - The partnership aims to leverage Claude's advanced AI capabilities to improve decision-making and performance under pressure [3] Company Overview - Atlassian Williams F1 Team is a historic Formula 1 team, founded in 1977, with a record of nine Constructors' Championships and seven Drivers' Championships, making it one of the most successful teams in F1 history [7] - The team is known for its ingenuity and innovation, focusing on maximizing performance through meticulous attention to detail [4] Partnership Details - Claude's branding will be featured on the FW48 cars, drivers, and team kit, starting with the 2026 livery reveal on February 3 [5] - The partnership is expected to demonstrate the value of AI in high-stakes environments, combining human talent with advanced AI models [6][9] - Team Principal James Vowles expressed enthusiasm for the partnership, highlighting the potential for success through collaboration with Anthropic [6]

Core Viewpoint - Atlassian Corporation (NASDAQ:TEAM) is identified as one of the tech stocks with significant upside potential despite recent price target reductions from Wall Street analysts [1][2]. Group 1: Price Target Adjustments - UBS analyst Karl Kierstead reduced the price target for Atlassian shares from $185 to $145, maintaining a Hold rating, which indicates a potential upside of 21.26% from current levels [1]. - Bank of America analyst Koji Ikeda also lowered the price target from $200 to $170 while reaffirming a Hold rating, suggesting a 26% upside from current levels [2]. Group 2: Market Sentiment and Risks - The downward adjustments in price targets reflect concerns over waning investor sentiment in the software sector, particularly due to fears surrounding AI disruption [2]. - The adjustments are attributed to elevated risks associated with AI-related concerns and valuation multiple compression across the software industry [2]. Group 3: Company Overview - Atlassian Corporation is a provider of collaboration software, with a product portfolio that includes Jira, Confluence, Loom, Jira Service Management, and Rovo [3]. - The company was incorporated in 2002 and is headquartered in Sydney, Australia [3].