Atlassian (TEAM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.87
- Estimate
- $1.50
- Surprise
- +24.5%
- Score at report (before → after)
- 6.6 → 6.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Atlassian (TEAM) beat the $1.50 estimate with diluted EPS of $1.87 — a large 24.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.6/10) to Hold at 6.5/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TEAM Hold at 6.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +24.5% surprise compares with a +21.6% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 1.2): -0.5
- Overbought (RSI 86)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $171.47
- Price target
- $172.90
- Stop
- $159.78
- Upside to target
- +0.8%
- Reward-to-risk
- 0.0:1
Risk check: RSI 86 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
TEAM at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $43.49B
- P/E (fwd)
- 25.5
- 52-week range
- $56.01–$184.00
- Off 52-week high
- 6.8%
- RSI (14)
- 86
- Volume vs avg
- 0.57×
- Score today
- 6.2/10