Companies/Enterprise AI/TEAM

TEAM

Atlassian

High-growth Infrastructure Bet

Enterprise AI applications·Australia·Sydney·#21 / 31 in segment·0.1% of segment mcap

$86.23

-85.9% vs S&P 12m

Business overview

AI productivity upside AI disruption risk

Software dev collaboration leader with Rovo AI agents for cross-tool search and automation.

Developer-facing AI adoption is fast; durability of seat-based pricing in an agent world is the risk.

Products

Jira
Confluence
Rovo
Compass

Customers (2)

Developers
Enterprises

Competitors (3)

Composite score

Higher = stronger overall research case

Fundamental67

Technical26

Valuation85

AI relevance60

Risk-adjusted (higher = safer)41

Segment-relative fundamental percentile: 43

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: -0.9%6M RS: -52.3%12M RS: -85.9%Vol30d: 105%DD52w: -61.0%

Financial summary

Curated, illustrative

Revenue

$6.19B

Growth (YoY)

31.7%

Gross margin

84.8%

Operating margin

-2.0%

FCF

$1.44B

Capex

$0.00

Net cash / (debt)

$-106.68M

ROIC

-1.9%

Customer conc.

Medium

Valuation

Market cap

$21.88B

Enterprise value

$21.99B

P/E (TTM)

—

Forward P/E

13.9x

EV / Sales

3.6x

EV / EBITDA

50.0x

P / FCF

15.2x

PEG

0.7x

Rule of 40

48.0%

Risks

Severity 1 (low) to 5 (severe)

4
Seat pricing pressure from AI

Score components

What drove the composite

Growth87

Profitability28

Cash generation80

Balance sheet78

Moat / AI relevance62

Capital intensity (higher = lighter)83

Customer diversification60

Valuation discipline (dilution)65

Trend (MA50/MA200)29

Momentum (3/6/12m)39

Relative strength13

Realized vol (higher = lower vol)21

Segment peers

Other companies in Enterprise AI

SIEGY54

Siemens AG (incl. Siemens EDA)