Why Atlassian Corporation’s (TEAM) Stock Is Down 5.27%

By Cynthia McLaughlin
February 08, 2026
Featured Tickers:

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Atlassian Corporation before investing.

In this article, we go over a few key elements for understanding Atlassian Corporation’s stock price such as:

  • Atlassian Corporation’s current stock price and volume
  • Why Atlassian Corporation’s stock price changed recently
  • Upgrades and downgrades for TEAM from analysts
  • TEAM’s stock price momentum as measured by its relative strength

About Atlassian Corporation (TEAM)

Before we jump into Atlassian Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. Its product portfolio includes Jira, a project management platform for planning, tracking, and managing work; Confluence, a connected workspace to create, organize, and share team knowledge, documents, and collaboration content; Loom, an asynchronous video communication tool to record and share videos; Jira Service Management, an intuitive service management solution for IT, HR, and other teams; and Rovo, an AI offering that assists teams with its Search, Chat and Agent capabilities. The company also offers Bitbucket, a git-based source code management platform for professional development teams; Compass, a developer portal that provides a unified view of engineering components; Jira Product Discovery, a tool to capture, prioritize, and roadmap product ideas; Jira Align, an enterprise agility solution that connects business and technology teams to align strategy with execution; Focus, a strategy hub for leadership teams; and Talent, a workforce planning app. In addition, it provides Trello, an AI-powered personal productivity tool; and Guard, an app for detecting and responding to security threats. The company was founded in 2002 and is headquartered in Sydney, Australia.

Want to learn more about Atlassian Corporation’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Atlassian Corporation.

Learn More About A+ Investor

Atlassian Corporation’s Stock Price as of Market Close

As of February 06, 2026, 4:00 PM, CST, Atlassian Corporation’s stock price was $94.720.

Atlassian Corporation is down 3.75% from its previous closing price of $98.410.

During the last market session, Atlassian Corporation’s stock traded between $92.320 and $102.990. Currently, there are approximately 262.99 million shares outstanding for Atlassian Corporation.

Atlassian Corporation’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Atlassian Corporation Stock Price History

Atlassian Corporation’s (TEAM) price is currently down 19.85% so far this month.

During the month of February, Atlassian Corporation’s stock price has reached a high of $119.610 and a low of $92.320.

Over the last year, Atlassian Corporation has hit prices as high as $326.000 and as low as $92.320. Year to date, Atlassian Corporation’s stock is down 41.58%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Atlassian Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 06, 2026, there were 2 analysts who downgraded Atlassian Corporation’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Atlassian Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Atlassian Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Atlassian Corporation’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Atlassian Corporation (TEAM) by visiting AAII Stock Evaluator.

Relative Price Strength of Atlassian Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 06, 2026, Atlassian Corporation has a weighted four-quarter relative price strength of -30.50%, which translates to a Momentum Score of 6 and is considered to be Very Weak.

Want to learn more about how Atlassian Corporation is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Atlassian Corporation Stock Price: Bottom Line

As of February 6, 2026, Atlassian Corporation’s stock price is $94.720, which is down 3.75% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Atlassian Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
Est Rev: Up 5% Screen: 21.7% Compared to S&P 500
at only 6.9%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.