Atlassian Corporation ranks slightly below the peer group median, with a split structural profile: strong growth and valuation, but weak profitability and stability. The market setup has weakened, with clear trend damage and relative performance under pressure.
Momentum Priced, Margin Weakness Ignored
52w drawdown -60.4% · 21d vs sector +17.1%
Peer-relative scores, weakest to strongest
Atlassian develops collaboration and productivity software for teams and enterprises, focusing on cloud-based solutions and AI integration.
TEAM is priced on cloud momentum, not structural quality. Despite an operating margin of just 6.1%—well below the SaaS peer median—the market is focused on growth acceleration rather than current efficiency or margin strength. TEAM differentiates via AI-driven cloud products but remains weak on margins and efficiency. With 1Y volatility at 54.7% (top decile in the peer group), the market prices every quarterly update into the stock with heightened sensitivity. A growth slowdown or margin setback is enough to trigger a sharp rerating.
Break down TEAM's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.