Multiple Contraction Hit Atlassian Corp. (TEAM) in Q3

In its third-quarter 2025 capitalist letter, Hardman Johnston Global Equity Strategy highlighted stocks specified arsenic Atlassian Corporation (NASDAQ:TEAM). Atlassian Corporation (NASDAQ:TEAM) is simply a starring collaboration bundle supplier that enables organizations to link each teams done a strategy of enactment that unlocks productivity astatine scale. The one-month instrumentality of Atlassian Corporation (NASDAQ:TEAM) was -8.84%, and its shares mislaid 37.43% of their worth implicit the past 52 weeks. On December 24, 2025, Atlassian Corporation (NASDAQ:TEAM) banal closed astatine $161.12 per share, with a marketplace capitalization of $42.412 billion.

Hardman Johnston Global Equity Strategy stated the pursuing regarding Atlassian Corporation (NASDAQ:TEAM) successful its 3rd 4th 2025 capitalist letter:

"The apical assemblage detractors from comparative show during the 4th were Information Technology and Health Care. Within Information Technology, Atlassian Corporation (NASDAQ:TEAM) underperformed during the 4th owed to aggregate contraction, contempt beardown near-term fundamentals. The institution exceeded expectations successful its FY4Q results and provided a blimpish FY25 guide, supporting assurance successful its quality to prolong +20% topline growth. The banal faced further unit erstwhile OpenAI released GPT-5, unveiling an interior SaaS instrumentality for automating endeavor workloads, which triggered a broader antagonistic absorption crossed the SaaS sector. Valuation derating reflects uncertainty implicit the relation of exertion bundle successful the epoch of generative AI, peculiarly successful DevOps wherever AI-assisted coding shows wide returns. It has been a challenging tally for Atlassian’s multiple, but the banal present trades successful uncommon territory for a concern that has idiosyncratic drivers similar DC-to-Cloud migration and level transverse merchantability opportunities that tin sustainably thrust 20% income growth."

Atlassian Corporation (NASDAQ:TEAM) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 64 hedge money portfolios held Atlassian Corporation (NASDAQ:TEAM) astatine the extremity of the 2nd quarter, compared to 82 successful the erstwhile quarter. In the archetypal 4th of fiscal 2026, Atlassian Corporation’s (NASDAQ:TEAM) revenue grew 21% year-over-year to $1.4 billion.  While we admit the imaginable of Atlassian Corporation (NASDAQ:TEAM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.