Atlassian

Atlassian shares climbed about 3.0% to $185.12 in pre-market trading, continuing their recovery from the 52-week low of $56.01. The trigger were significantly better Q4 numbers: EPS $1.87 (consensus $1.50) and revenue $1.766 billion (expected $1.66 billion), accompanied by several price-target increases (Citi $225, BofA $210, BTIG $230). The strength is stock-specific, while the Nasdaq and S&P 500 are slipping sharply today. » More on de.investing.com

At the Citi Global TMT Conference 2026, Atlassian said AI is giving the business a tailwind: the "Teamwork Graph" and the "Teamwork Collection" are driving broad user adoption and cross‑selling among enterprise customers. In the fourth fiscal quarter the company generated $1.8 billion in revenue (+28%) and ARR grew 23%; cloud revenues rose 31%. Atlassian plans to introduce consumption‑based billing for more complex AI services starting in December, will keep simple queries free, and will continue to invest heavily in AI infrastructure and expansion of its sales force. For fiscal 2027 the company expects subscription‑ARR growth to slow due to macroeconomic uncertainty, but sees further upside from cloud migration, Collections, and AI usage. » More on de.investing.com

Atlassian shares climbed to a new 52-week high of 184.22 USD and currently have a market capitalization of about 46.45 billion USD. The stock rose 124% over the past six months, with a year-to-date change of 3.56%. Atlassian beat expectations for the fourth fiscal quarter with adjusted EPS of 1.87 USD (consensus 1.50 USD) and revenue of 1.77 billion USD (consensus 1.66 billion USD); cloud revenue growth was 31%. Several analysts raised their price targets, and CEO Mike Cannon-Brookes announced a personal stock purchase, while the company reported an operating GAAP profit for the first time in more than two years. » More on de.investing.com