Atlassian Corporation’s Upside Expected in 2022/2023
Analysts at Oppenheimer provided their views on <a href='https://financialmodelingprep.com/financial-summary/TEAM'>Atlassian Corporation Plc (NASDAQ:TEAM)</a>, mentioning they are positive on the company and highlighting it as one of their top picks entering 2022. </p>
<p>According to the analysts, the key drivers behind strong performance and revenue upside in recent quarters remain intact, including </p>
<p>(1) strong subscription growth of above 40% year-over-year with broadening support as the company's cloud/SaaS transition shifts to larger organizations with more expansion power,</p>
<p>(2) ample opportunity in work management as it leverages a broad set of collaboration assets (Jira Work Management, Trello, Confluence, etc.) across multiple use cases.</p>
<p>(3) ongoing smooth execution across multiple vectors (customer additions, use case/product advancement, and effective customer engagement/price leverage). </p>
<p>The analysts believe the company is in an excellent position to continue to deliver upside in 2022/2023 and build cloud/SaaS momentum with larger customers.</p>

NASDAQ:TEAM