Atlassian Shares Drop Ahead of Earnings as Cloud and AI Questions Loom
Atlassian Plc shares fell 5.9% in pre-market trading to $106.58 as investors reduced exposure ahead of the company’s fourth-quarter and full fiscal 2026 results due after the close. Analyst target cuts and lingering uncertainty about cloud growth, Data Center revenue, and AI monetization have pressured the stock despite its recovery from a 52-week …