Atlassian Corporation's subscription annual recurring revenue (ARR) increased 22.5% year-over-year to $6.81 billion, with cloud revenue up 31% and remaining performance obligations (RPO) up 44%. The growth is fueled by strong enterprise adoption of products like Deep Rovo and Teamwork Collection, alongside ongoing investments in AI and the phaseout of Data Center offerings. Despite risks from economic challenges and competition, improved margins and free cash flow support a premium valuation, maintaining a strong buy outlook for the company.
Atlassian stock trades at USD 148.40 on Pluang as of Nov 11, 2026, 19:22 WIB, down slightly by 0.13% in one day. The company's market cap stands at $37.59 billion, with a high volume of 4,356,472 shares traded. Despite the recent news of strong AI-driven growth, Pluang data shows a majority of investors selling, with 93% of orders as Sell and only 7% as Buy.
