Atlassian
TEAMMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -36%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$163
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 22 months
- How long Benson has been tracking this pick.
About Atlassian
Atlassian makes the software teams use to get work done, like Jira for tracking projects and Confluence for sharing notes. Now they are wiring AI agents into all of it, so people and bots can run workflows side by side.
The case for and against
Both sides of the story, in plain English.
- Growth Reaccelerating
Revenue jumped 32 percent this quarter to 1.79 billion dollars, with cloud growth speeding up to 29 percent. Customers are signing bigger, longer deals, and future booked work climbed 37 percent to nearly 4 billion dollars.
- Cash Machine
Atlassian threw off 561 million dollars in free cash flow this quarter, a 31 percent margin. Adjusted operating margin hit 34 percent, up from 26 percent a year ago, showing the business gets more profitable as it scales.
- Still GAAP Unprofitable
On the official accounting basis, Atlassian lost 98 million dollars this quarter, hurt by a 224 million dollar restructuring charge. Until those losses flip positive, the stock will keep getting punished for spending too much on stock-based pay.
- Guidance Slowdown
Next quarter's revenue guide of about 1.66 billion dollars points to growth cooling toward the mid-20s, and full-year cloud growth is guided to 26.5 percent. The reacceleration story works only if AI products keep pulling customers in.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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