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Stock Comparison · Valuation-led comparison

Atlassian vs Toast: Which Stock Looks Stronger in 2026?

Atlassian holds the cleaner structural position, with valuation as the main driver and profitability adding further support. Toast still leads on profitability and stability, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight.

Trajectory Similarity
0.71
Similar
Peer-set rank: #4
within Atlassian Corporation's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

Most of the shared profile comes through investment intensity and recent revenue growth.

Similarity drivers
investment intensityrecent revenue growth
What reduces the match
margin trend
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
TEAM
Atlassian Corporation
49
Peer-Score
Signal qualityHigh
vs
TOST
Toast, Inc.
42
Peer-Score
Signal qualityHigh

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: TEAM vs TOST Profitability 6 25 Stability 14 29 Valuation 87 44 Growth 90 79 TEAM TOST
Gap Ranking
#1 Valuation +43
#2 Profitability +19
#3 Stability +15
#4 Growth +11
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for TEAM and TOST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer TEAMTOST Relative valuation Structural strength

Atlassian Corporation and Toast, Inc. look relatively close on structure, but the price setup still leans toward Atlassian Corporation.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both rank well on valuation, but Atlassian Corporation still holds a clear edge.
Profitability
Neither side looks especially strong on profitability, though Toast, Inc. still ranks somewhat higher.
Valuation — Dominant Gap
TEAM
87
TOST
44
Gap+43in favour of TEAM

The multiple-based pricing edge comes from a forward P/E that is 3.9 turns lower.

What keeps the gap from being one-sided

Profitability still favours Toast, with a 8.5-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

The valuation edge is decisive, even though current pricing and profitability still lean somewhat toward Toast, Inc..

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Break down the TEAM vs TOST comparison across all dimensions with the full interactive tool.

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Similar valuation-driven comparisons

Explore how TEAM and TOST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

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.

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.