Street call of the week

Wall Street analysts provided insights on various stocks, including upgrades for Alaska Airlines, Wingstop, and Atlassian, and downgrades for Tapestry and Qorvo.

Street calls of the week

Wall Street analysts provided insights on Alaska Airlines, Tapestry, Qorvo, Wingstop, and Atlassian, with notable upgrades, downgrades, and market outlooks for each company.

Earnings call: Atlassian reports robust start to FY25, AI drives growth

Amazon, Intel, Chevron and Boeing rise premarket; Apple falls

US stock futures rise as tech sector earnings are released. Apple declines while Amazon, Intel, and others see gains ahead of the jobs report.

Atlassian shares spike after group lifts revenue forecast on cloud strength

Atlassian's shares surged over 20% after the company raised its revenue growth outlook, driven by increased demand for cloud software and strong quarterly performance.

After-hours movers: Apple, Amazon, Intel and more

Amazon, Intel, Atlassian, and LendingTree see rises post-earnings, while Apple declines despite strong results; Intel plans significant headcount reduction.

Atlassian Q1 results top estimates on stronger cloud, data center growth

Atlassian Corp Plc surpassed Q1 estimates with strong cloud growth, reporting $1.19B revenue and forecasting stable future growth for Q2 and fiscal 2025.

Atlassian lifted to Outperform at Raymond James

Raymond James upgraded Atlassian to Outperform, citing potential upside in cloud growth despite recent stock declines and missed targets, maintaining a price target of $200.

Atlassian CEO Cannon-Brookes sells over $1.2m in company stock

Atlassian CEO Michael Cannon-Brookes sold $1.3M in stock while reporting strong Q4 results, prompting investor interest in the company's financial health and future growth.

Atlassian director Farquhar Scott sells over $1.2m in stock

Atlassian director Farquhar Scott sold over $1.2 million in shares amid company growth, while recent financials show promising revenue gains despite challenges in profitability.