Atlassian Corp A
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$484.00 | Jrzmwn | Krgqqjcs |
Atlassian’s Unique Sales Approach and Strong Product Suite Drive Narrow Moat
Business Strategy and Outlook
Atlassian endeavors to “unleash the potential of teams” through better planning, project management, and workflow software, and we think its strong momentum is likely to continue over the next five years as the transition to the cloud continues. Atlassian’s original product, Jira, was designed as a workflow solution for software developers that has grown into a richly featured, easy-to-use, inexpensive, easy-to-buy application. The software is often bundled with Confluence, a collaboration tool. Atlassian’s products are used by organizations of all sizes, from small teams at small and midsize businesses to large teams at large enterprises.