Wells Fargo raises target for Atlassian stock from USD 180 to USD 230

Published on 10/15/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal fourth-quarter revenue reached USD 1.77 billion against USD 1.66 billion estimates. Atlassian stock was at EUR 182.40 at Lang & Schwarz on October 15, 2026.

Analyst target and reporting date

Wells Fargo raised its Atlassian target from USD 180 to USD 230 on October 14, 2026.
Fiscal fourth-quarter revenue reached USD 1.77 billion against USD 1.66 billion of consensus estimates.
Atlassian stock traded at EUR 182.40 at 1:03 p.m. CEST at Lang & Schwarz on October 15, 2026.
Atlassian is scheduled to report first-quarter fiscal 2027 results on November 5, 2026.

TEAM, US0494681010, Illustration mit AI erstellt.

Atlassian (ISIN US0494681010) was trading at EUR 182.40 at Lang & Schwarz on October 15, 2026 at 1:03 p.m. CEST. Wells Fargo analyst Ryan MacWilliams raised the target from USD 180 to USD 230 on October 14, 2026, according to Markets Insider.

Wells Fargo sees cloud progress

The target move followed Wells Fargo discussions at Atlassian's Team '26 Europe event. The firm cited the pace of data-center migrations, customer seat retention during cloud moves and improving early adoption of Rovo, the report said.

The updated target is the latest in a series of higher analyst views. Investing.com reported that RBC raised its target from USD 215 to USD 235 on October 12, 2026, while keeping an Outperform rating.

What does the earnings base show?

Atlassian's fiscal fourth-quarter revenue was USD 1.77 billion for the period ended June 30, 2026, above the USD 1.66 billion consensus estimate. Adjusted earnings per share reached USD 1.87 against USD 1.50 expected, while cloud revenue rose 31.00 percent to USD 1.21 billion, according to Investing.com.

Three milestones shape the story

On August 7, 2026, Atlassian reported fiscal fourth-quarter revenue of USD 1.77 billion, above USD 1.66 billion estimates, according to Investing.com. On September 21, 2026, Cantor Fitzgerald raised its target from USD 175 to USD 220, as shown in the company's coverage page. On October 14, 2026, Wells Fargo lifted its target from USD 180 to USD 230, according to Markets Insider.

Next results arrive November 5

Atlassian is scheduled to publish its first-quarter fiscal 2027 results on November 5, 2026, according to the dated earnings calendar cited by Yahoo Finance. The coming report will test whether subscription annual recurring revenue growth can approach the 18.00 percent fiscal 2027 guidance described by RBC.

Stock quote stays central

The euro quotation gives German investors a live reference while the latest analyst actions keep attention on cloud migrations, seat retention and Rovo adoption. Atlassian's investor-relations page lists USD 6.6 billion of trailing-twelve-month revenue and more than 350,000 customers as company highlights.

Atlassian was trading at EUR 182.40 at Lang & Schwarz on October 15, 2026 at 1:03 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Atlassian stock.