Currently 2 bullish, 2 bearish — stable.
Analysts are holding steady at 2 bullish to 2 bearish.
5 YouTube analysts cover Atlassian Corp (TEAM).
5 analysts have covered TEAM so far…
Atlassian is showing general weakness, closing below its 21-day moving average with RSI in negative territory.
TEAM is emblematic of the broader software deterioration, closing below the 21-day moving average with RSI now negative. The sector is not yet ready for prime time, and selectivity is required.
TEAM’s price action is part of the bullish swing watchlist, with the speaker signaling an open-position approach.
TEAM is named among specific swing ideas tied to the same list of breakout winners. Being “in the last week’s video” set and treated as an open-position candidate suggests the trade thesis is still working.
TEAM looks like the next software leadership trade because revenue growth is accelerating (despite still being unprofitable) while gross margin is strong and the company is also aggressively buying back stock versus issuing stock comp.
Atlassian's revenue growth is accelerating alongside strong gross margins, and the company is buying back stock rather than diluting shareholders through net stock comp issuance. This combination of growth reacceleration and shareholder-friendly capital returns signals software sector leadership potential.
No official filings surfaced for TEAM yet.
