Atlassian (TEAM) Q4 2026 Earnings Preview: Insights and Market Projections
Atlassian (NASDAQ:TEAM) is set to announce its earnings results on February 4, 2026. This announcement comes after the company surpassed analysts’ revenue expectations in the previous quarter. Atlassian generated $1.43 billion in revenue, marking a 20.6% increase year-over-year. However, the full-year revenue guidance did not meet analysts’ predictions, exhibiting a significant shortfall in billings estimates.
Q4 2026 Revenue Expectations for Atlassian
For the upcoming quarter, analysts anticipate Atlassian’s revenue will climb to $1.54 billion, reflecting a year-on-year growth rate of 19.9%. This projected growth represents a slowdown from the 21.4% increase reported in the same quarter last year. Adjusted earnings are forecasted at $1.14 per share, with analysts maintaining their estimates over the past month.
Market Performance and Peer Comparison
Atlassian has a track record of exceeding Wall Street’s expectations, achieving an average revenue beat of 2.9% over the last two years. In contrast, its competitors in the productivity software sector reported varied results. Microsoft recorded a 16.7% year-on-year revenue growth, exceeding forecasts by 1.2%. ServiceNow announced a revenue increase of 20.7%, topping estimates by 1%.
- Microsoft: 16.7% growth, estimated beat +1.2%
- ServiceNow: 20.7% growth, estimated beat +1%
Despite these successes, the market’s response has been negative, with Microsoft shares falling by 10% and ServiceNow down by 9.9% following their results. Furthermore, the productivity software sector has experienced an average decline of 17.8% in share prices over the past month. Atlassian itself has seen a drastic drop of 31.9% in the same period.
Analyst Insights and Share Price Expectations
As Atlassian prepares for its earnings announcement, the average analyst price target stands at $229.58, while its current share price is approximately $105.06. This discrepancy highlights the potential for recovery in share value as investor sentiment shifts.
The broader market has dealt with fluctuations influenced by the political landscape and economic policies, affecting the overall performance of technology stocks. Investors will be watching closely to gauge how Atlassian navigates these challenges in its upcoming earnings report.
