TE
Atlassian Corporation
TEAM · Software
Company brief
TE
TEAMSoftware$42.8B

Atlassian Corporation

Enterprise collaboration and productivity software provider offering tools for software development teams, project management, and business teams including Jira, Confluence, Bitbucket, and Trello.

Moat score
85/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$83.68
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
-60%

Negative price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
15.1x

Forward P/E around 15.1x means investors pay about $15.1 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
N/A

Trailing P/E is unavailable, often because earnings are negative or provider data is missing.

EPS
$-0.83
Market Cap
$22.2B
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

The market keeps focusing on whether Atlassian can convert durable workflow lock-in into steady earnings power while the multiple stays tied to growth expectations.

Watch signal

Forward P/E around 15.1x stays in line with growth and sentiment.

What you own

Atlassian Corporation is exposure to software operating model with high switching costs and 115% net revenue retention.

Base thesis

Deep workflow integration creates 'system of record' lock-in across engineering teams

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

Pro access unlocks the workflow simulator for this company brief.

Simulator coverage pending

This ticker has a company brief, but richer workflow modules have not been built yet.

Investor Snapshot
85Moat Score
Net Revenue Retention115%
Retention RiskLow
AI Disruption RiskMedium
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Deep workflow integration creates 'system of record' lock-in across engineering teams
  • Historical data in Jira becomes irreplaceable institutional knowledge over years
  • Complex custom field configurations and automations require months to recreate
  • Confluence becomes single source of truth for company documentation and tribal knowledge
  • Cross-product integrations (Jira + Confluence + Bitbucket) create ecosystem dependency
  • Team velocity metrics and sprint histories represent years of performance baselines
  • AI threatens to automate project management and documentation, but Atlassian investing heavily