$TEAM âą 6-week flat base breakout, holding đ
Tested $200 three times: early Sep, Sep 22 and Oct 6. Closed over it Oct 8 at $203.57. Held above it this morning, now $203.69.
đ Maker of Jira, Confluence and Rovo. Q4 FY26 revenue $1.77B, up 28%. Cloud revenue $1.21B, up 31%. Subscription ARR $6.6B, up 23%. RPO $4.8B, up 44%. Non-GAAP operating margin 36%. The stock gapped up more than 30% on the print.
Real risk here: FY27 subscription ARR growth is guided to 18% from 23%. The stock is up about 3.6x off its $56.01 low, and the average analyst target of $207.49 is barely above price.
â Confirmed above $200
đą TP1 $216.28 (+6.2%) · TP2 $232.22 (+14.0%) · TP3 $262 (+28.6%)
â Invalid close under $193.40 (-5.1%)
#stocks
Tested $200 three times: early Sep, Sep 22 and Oct 6. Closed over it Oct 8 at $203.57. Held above it this morning, now $203.69.
đ Maker of Jira, Confluence and Rovo. Q4 FY26 revenue $1.77B, up 28%. Cloud revenue $1.21B, up 31%. Subscription ARR $6.6B, up 23%. RPO $4.8B, up 44%. Non-GAAP operating margin 36%. The stock gapped up more than 30% on the print.
Real risk here: FY27 subscription ARR growth is guided to 18% from 23%. The stock is up about 3.6x off its $56.01 low, and the average analyst target of $207.49 is barely above price.
â Confirmed above $200
đą TP1 $216.28 (+6.2%) · TP2 $232.22 (+14.0%) · TP3 $262 (+28.6%)
â Invalid close under $193.40 (-5.1%)
#stocks