Mizuho raises Atlassian target to USD 235 for Atlassian stock evaluation

Published on 10/18/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue reached USD 1.77 billion against USD 1.66 billion estimates. For Atlassian stock, results are scheduled for November 5, 2026.

Analyst confidence meets earnings date

Mizuho lifted its Atlassian target to USD 235 on October 15, 2026.
Fiscal fourth-quarter revenue reached USD 1.77 billion against USD 1.66 billion estimates.
Atlassian is scheduled to report its next results on November 5, 2026.

TEAM, US0494681010, Illustration mit AI erstellt.

Atlassian Corporation (ISIN US0494681010) drew a higher target from Mizuho, which lifted its price objective from USD 215 to USD 235 on October 15, 2026, according to Markets Insider. The move keeps the analyst focus on cloud migration, consumption trends and artificial intelligence adoption ahead of Atlassian's next report.

Revenue sets the valuation frame

Atlassian's fiscal fourth-quarter revenue reached USD 1.77 billion for the period ended June 30, 2026, compared with USD 1.66 billion expected, according to Markets Insider. The same report cited net profit of USD 139.08 million, while the finance statement for the quarter listed diluted earnings per share of USD 0.55.

The revenue comparison matters because the target revisions are being made before the next quarterly update. Atlassian's investor-relations page describes a customer base of more than 300,000 organizations and reports trailing-twelve-month revenue of USD 6.6 billion, with 26.00 percent year-over-year growth as of June 30, 2026, according to Atlassian.

Three target changes since August

On August 7, 2026, Atlassian reported quarterly revenue of USD 1.77 billion against USD 1.66 billion consensus, according to MarketBeat. On September 21, Cantor Fitzgerald raised its target from USD 175 to USD 220, as reported by TranscriptDaily. On October 15, Mizuho raised its target from USD 215 to USD 235.

What dates matter next?

Atlassian is scheduled to report fiscal first-quarter 2027 results after the market closes on November 5, 2026, according to Simply Wall St. The date gives investors a defined checkpoint for cloud migration, seat retention and artificial intelligence adoption after the recent target increases.

Market value and trading context

Atlassian's market capitalization was USD 52.6 billion on October 16, 2026, while its 52-week range stood at USD 56.01 to USD 223.70. The Nasdaq-listed software company therefore enters the November report with a valuation close to the upper end of its annual trading range, making revenue conversion and profitability central to the next investor assessment.

The further course of trading is shown by the continuously updated real-time quote of Atlassian stock.