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Does Atlassian (TEAM) Have the Potential to Rally 31.18% as Wall Street Analysts Expect?
Atlassian Atlassian (US:TEAM) ZACKSยท2025-05-07 15:00

Group 1: Stock Performance and Price Targets - Atlassian (TEAM) closed at $207.89, with a 13.1% gain over the past four weeks, and a mean price target of $272.71 indicating a 31.2% upside potential [1] - The mean estimate consists of 24 short-term price targets with a standard deviation of $37.10, ranging from a low of $215 (3.4% increase) to a high of $370 (78% increase) [2] - A tight clustering of price targets, indicated by a low standard deviation, suggests a high degree of agreement among analysts regarding the stock's price movement [9] Group 2: Analyst Insights and Earnings Estimates - Analysts have shown increasing optimism about TEAM's earnings prospects, as evidenced by strong agreement in revising EPS estimates higher, which correlates with potential stock upside [11] - The Zacks Consensus Estimate for the current year has risen by 14.7% over the past month, with nine estimates increasing and no negative revisions [12] - TEAM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential upside [13]