{
  "id": 13974379,
  "title": "RBC raises Atlassian stock price target on subscription growth outlook",
  "url": "https://urgent.news/2026/10/12/rbc-raises-atlassian-stock-price-target-on-subscription-growth-outlook",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T14:22:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/rbc-raises-atlassian-stock-price-target-on-subscription-growth-outlook-93CH-4944791"
  },
  "original_language": "en",
  "account": null,
  "summary": "RBC Capital has raised its price target on Atlassian Corporation (NASDAQ:TEAM) shares to $235 from $215, maintaining an Outperform rating. The firm expects the company to exceed consensus estimates for first-quarter results due to its research, noting that Atlassian introduced subscription annual recurring revenue as a new metric to eliminate data center migration noise in revenue recognition. Atlassian's adjusted earnings per share for fiscal Q4 was $1.87, surpassing the consensus estimate of $1.50, with revenue reaching $1.77 billion, a 28% increase year-over-year. The company also achieved its first GAAP operating profit in over two years, with a 12% margin.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "RBC Capital raises Dynatrace stock price target on strong momentum",
        "url": "https://urgent.news/2026/10/12/rbc-capital-raises-dynatrace-stock-price-target-on-strong-momentum",
        "published": "2026-10-12T14:22:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}