|Bid||192.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||205.67 - 212.04|
|52 Week Range||110.01 - 216.29|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 21, 2021 - Jan 25, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||215.63|
Software growth stocks rallied amid Covid-19 owing to recurring revenue and cloud business models. As the economy rebounds, digital transformation projects will drive growth.
Retailers including Home Depot, Walmart, Target, TJX, and Lowe’s all report this week. Plus, investor days from Johnson & Johnson, Cummins, and Liberty Media companies.
Atlassian (NASDAQ: TEAM) is riding the trend of digital transformation, with its team-productivity software driving its stock up more than 60% this year. Given this momentum, some may have been surprised when the company made an announcement that would disrupt a large set of its important customers: It is ending support for its server products that customers have installed in their own data centers. Customers have three ways they can install Atlassian's software for users.