Atlassian will report Q4 earnings on Thursday, with analysts expecting revenue of $1.54 billion, up 19.9% year on year, and adjusted earnings of $1.14 per share. The collaboration software company has consistently beaten revenue estimates over the past two years by an average of 2.9%. Last quarter, Atlassian reported revenues of $1.43 billion, beating expectations by 2.2% with 20.6% year-on-year growth. However, full-year guidance and billings figures missed analysts' expectations significantly. Recent results from productivity software peers showed Microsoft growing 16.7% and ServiceNow up 20.7%, both exceeding estimates. However, both stocks declined sharply following their reports. Atlassian shares have fallen 31.9% over the past month, trading at $105.06 against an average analyst price target of $229.58.

Atlassian Corporation shares traded at $118.18 as of 30th January, with a forward price-to-earnings ratio of 24.69. The collaboration software company began fiscal 2026 with strong momentum, reporting 21% year-over-year revenue growth to $1.4 billion in the first quarter, with cloud revenue rising 26% to $998 million. AI adoption is accelerating rapidly, with 3.5 million monthly active users of AI features—up over 50% sequentially—and AI interactions rising approximately 150% over six months. Customer data shows AI-enabled teams expand Jira seats roughly 5% faster and manage over 20% more projects than peers. The company's remaining performance obligations increased 42% year-over-year to $3.3 billion. However, accelerated Data Centre migrations are shifting revenue into ratable cloud recognition, moderating near-term reported growth despite stronger bookings.

DLocal, a global payments platform valued at $4.34 billion, is trading at $14.54, below its estimated future cash flow value of $19.26. Analysts predict earnings will grow 22.7% annually, outpacing broader market expectations. The company has strengthened governance with a majority independent board featuring former Citigroup and Google executives. Recent third-quarter results showed strong revenue expansion and increased net income year-over-year. Atlassian, with a market capitalisation of $36.43 billion, is trading at $133.86, well below its estimated cash flow value of $243.06. The collaboration software company's earnings are projected to grow 54.88% annually, with profitability expected within three years. Its recent AWS Marketplace listing could enhance cash flow generation as revenue grows 14.8% yearly.