Oppenheimer raises target for Atlassian stock to USD 275

Published on 10/27/2026 at 14:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Atlassian stock costs EUR 198.60 on October 27, 2026. Oppenheimer's target moved from USD 200.00 to USD 275.00 on October 22, 2026.

Analyst targets shape next dates

Oppenheimer set a USD 275.00 target on October 22, 2026.
Fiscal year 2026 revenue reached USD 6.6 billion, up 26.00 percent.
Atlassian stock traded at EUR 198.60 at 2:31 p.m. CEST at Lang & Schwarz on October 27, 2026.

TEAM, US0494681010, Illustration mit AI erstellt.

Atlassian Corporation (ISIN US0494681010) was quoted at EUR 198.60 at Lang & Schwarz on October 27, 2026, while TipRanks reported on October 22 that Oppenheimer raised its Atlassian target from USD 200.00 to USD 275.00 and kept an Outperform rating. The move puts analyst expectations above the latest quoted euro price, but the two figures are in different currencies and are not directly netted.

Target rises before results

Oppenheimer analyst Ittai Kidron cited steady seat growth and data center migration activity in the note. The firm expected first-quarter fiscal 2027 revenue to run 3.00 percent to 5.00 percent above consensus, with Teamwork Graph, Teamwork Collection, MCP Server and Jira Service Management identified as cross-sell drivers.

That view arrives after a strong fiscal 2026. An SEC proxy filing dated October 13, 2026 said total revenue reached USD 6.6 billion, up 26.00 percent from fiscal 2025, while cloud revenue reached USD 4.4 billion, up 28.00 percent. Subscription annual recurring revenue rose 23.00 percent to USD 6.6 billion, and remaining performance obligations increased 44.00 percent to more than USD 4.8 billion.

Three dates frame the story

On October 5, 2026, Atlassian announced that its first-quarter fiscal 2027 results would follow after the market close on November 5, 2026, according to a release carried by Yahoo Finance. On October 13, 2026, the SEC filing reported fiscal 2026 revenue of USD 6.6 billion and free cash flow of USD 1.3 billion. On October 22, 2026, Oppenheimer raised its target from USD 200.00 to USD 275.00.

What matters before November 5?

The next earnings release is scheduled for November 5, 2026, after the market close, with the conference call at 5:00 p.m. ET. Atlassian's annual meeting is scheduled for December 1, 2026, at 2:00 p.m. Pacific Time, according to the SEC proxy filing. The upcoming results will test whether the expected 3.00 percent to 5.00 percent revenue advantage can be supported by cloud growth and enterprise migrations.

Stock quote and company profile

Atlassian develops software for project management, collaboration and enterprise service management. Its investor-relations page highlights USD 6.6 billion in trailing-twelve-month revenue, 350,000-plus customers and 26.00 percent trailing-twelve-month revenue growth, with more than 85.00 percent of Fortune 500 companies paying customers as of June 30, 2026.

Atlassian stock was trading at EUR 198.60 at Lang & Schwarz on October 27, 2026 at 2:31 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Atlassian stock.