Why Atlassian Stock Just Exploded
Source: Motley Fool
2026-05-01 11:29:40 ET
Atlassian (NASDAQ: TEAM) stock exploded 22.6% higher through 10:15 a.m. ET Friday after crushing on its fiscal Q3 2026 earnings report last night.
Heading into the quarter, analysts had forecast the IT specialist to earn $0.98 per share, non-GAAP, on sales of $1.6 billion. In fact, Atlassian earned $1.75 per share on sales of $1.8 billion.
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Atlassian Corporation
NASDAQ: TEAM
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