Atlassian Corp (NASDAQ: TEAM) stock suffered a major decline of -11.4% on 4/3/25. The shares closed at $198.35. Moreover, above average trading volume at 139% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -13.6% during the last week.
Current PriceTarget Research Rating
Atlassian has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Atlassian has a slightly negative Appreciation Score of 33 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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