Core Viewpoint - The sell-off in software stocks is considered overdone by Nvidia's CEO Jensen Huang, who argues that the market has overreacted to concerns about AI disrupting the software industry [1][5]. Software Industry Overview - The S&P North American Technology Software Index has declined 30% from its peak, entering bear market territory, driven by fears surrounding AI's impact on software companies [1]. - Huang believes that AI tools will complement existing software rather than replace it, suggesting that the current market sentiment is illogical [5]. Attractive Software Stocks - **Microsoft (MSFT)**: Stock down 27% from its high, currently trading at 26 times earnings, with adjusted earnings up 24% last quarter and a 160% increase in paid copilot seats [6]. - **Datadog (DDOG)**: Stock down 47% from its high, trading at 53 times adjusted earnings, with adjusted earnings increasing 20% last quarter despite high R&D spending [7]. - **AppLovin (APP)**: Stock down 52% from its high, trading at 45 times earnings, with earnings up 96% last quarter [8]. - **Atlassian (TEAM)**: Stock down 70% from its high, trading at 22 times earnings, with adjusted earnings increasing 27% last quarter [9]. - **HubSpot (HUBS)**: Stock down 73% from its high, trading at 25 times earnings, with adjusted earnings up 22% last quarter [9]. Market Outlook - While software stocks may continue to decline in the near term, long-term investors are likely to benefit from purchasing stocks at reasonable prices, anticipating significant earnings growth over the next five years [10].

Atlassian Corp (NASDAQ:TEAM) is one of the 13 Best Revenue Growth Stocks to Buy Right Now. On February 2, Canaccord Genuity analyst David Hynes maintained a Buy rating on Atlassian (NASDAQ:TEAM) with a price target of $230. Zeroing in on a disconnect between Atlassian’s current valuation and its fundamentals, the analyst said the company’s stock price is down due to sector-wide multiple compression and AI-related concerns, despite its business performance, resilient growth, and improving margins. Hynes f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37651 Atlassian Corporation (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Emplo ...

Key Takeaways TEAM posted Q2 FY26 EPS of $1.22 and revenues of $1.59B, beating the consensus mark.Atlassian's subscription revenues jumped 24.3% as cloud migrations and paid seat expansion stayed strong.TEAM expanded non-GAAP operating margin to 27% and guided 22% FY26 revenue growth.Atlassian (TEAM) came out with second-quarter fiscal 2026 earnings of $1.22 per share, which beat the Zacks Consensus Estimate of $1.12. This compares to earnings of 96 cents per share a year ago.Over the last four quarters, th ...

Management framed AI as a major catalyst for customer upgrades and longer-term commitments. Cannon-Brookes said Rovo surpassed 5 million monthly active users of Atlassian’s AI capabilities and described AI as “the best thing to happen to Atlassian.”The CEO emphasized enterprise traction, stating Atlassian closed a record number of deals greater than $1 million in annual contract value (ACV) during the quarter and that the number of those deals “nearly doubl[ed] year-over-year again.” He cited large customer ...

Atlassian (TEAM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.19%. A quarter ago, it was expected that this company would post earnings of $0.83 per share when it actually produced earnings of $1.04, delivering a surprise of +25.3%.Over the last four quarters, the company has su ...

Atlassian (NasdaqGS:TEAM) Q2 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsAlex Zukin - Managing Director of Software Equity ResearchGregg Moskowitz - Managing Director of Enterprise SoftwareItay Kidron - Managing DirectorJason Celino - Managing DirectorJoe Binz - CFOKarl Keirstead - Managing Director of Software Equity ResearchKoji Ikeda - Director of Enterprise Software Equity ResearchMartin Lam - Head of Investor RelationsMike Cannon-Brookes - CEO and Co-FounderRaimo Lenschow - Man ...

Atlassian (NasdaqGS:TEAM) Q2 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsGregg Moskowitz - Managing Director of Enterprise SoftwareItay Kidron - Managing DirectorJason Celino - Managing DirectorJoe Binz - CFOKarl Keirstead - Managing Director of Software Equity ResearchKoji Ikeda - Director of Enterprise Software Equity ResearchMartin Lam - Head of Investor RelationsMike Cannon-Brookes - CEORaimo Lenschow - Managing DirectorRyan MacWilliams - VP of Business Performance and Global Tr ...

Atlassian (NasdaqGS:TEAM) Q2 2026 Earnings call February 05, 2026 05:00 PM ET Speaker10Good afternoon, and thank you for joining Atlassian's earnings conference call for the second quarter of fiscal year 2026. As a reminder, this conference call is being recorded and will be available for replay on the investor relations section of Atlassian's website following this call. I will now hand the call over to Martin Lamb, Atlassian's Head of Investor Relations.Speaker8Welcome to Atlassian's second quarter fiscal ...

Core Viewpoint - Atlassian has raised its fiscal 2026 revenue growth forecast, anticipating strong spending on enterprise software services as clients increasingly adopt artificial intelligence [1] Group 1: Revenue Growth Forecast - The company is betting on robust revenue growth driven by the integration of artificial intelligence into its services [1] Group 2: Client Spending Trends - There is a notable increase in client spending on enterprise software, indicating a shift towards more advanced technological solutions [1]