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Atlassian Corp Surges to 237th in Trading Volume with $537 Million in Shares Traded
Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 8:22 pm ET1min read
On May 12, 2025,
Corp (TEAM) saw a significant surge in trading volume, with a total of $537 million in shares traded, marking a 74.64% increase from the previous day. This surge placed Atlassian at the 237th position in terms of trading volume for the day. The stock price of Atlassian rose by 7.82%.Analysts have set an average one-year price target of $280.52 for Atlassian, with estimates ranging from $215.00 to $420.00. This target suggests a potential upside of 26.18% from the current stock price. The consensus recommendation from brokerage firms indicates an "Outperform" status, with an average rating of 2.0 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.
GuruFocus estimates the GF Value for Atlassian in one year to be $311.16, implying a 39.97% upside from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections. The GF Value represents an estimate of the fair value at which the stock should be traded.
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