# James Chuong

Published articles for James Chuong.

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## Atlassian shares fall 17% as slower subscription growth forecast overshadows earnings beat

DevFeed: [Atlassian shares fall 17% as slower subscription growth forecast overshadows earnings beat](<https://devfeed.tech/articles/atlassian-shares-fall-17-as-slower-subscription-growth-forecast-overshadows-earnings-beat-119605.md>)

Original publisher: [Read original article](<https://siliconangle.com/2026/11/05/atlassian-shares-fall-17-as-slower-subscription-growth-forecast-overshadows-earnings-beat/>)

Author: Duncan Riley

Published: 2026-11-05T22:26:55Z

Content type: news

Language: en

Sources: [SiliconANGLE](<https://devfeed.tech/sources/siliconangle.md>)

Topics: [atlassian](<https://devfeed.tech/topics/atlassian.md>), [AI Chat](<https://devfeed.tech/topics/ai-chat.md>)

Tags: [17](<https://devfeed.tech/tags/17.md>), [ai](<https://devfeed.tech/tags/ai.md>), [ai-agents](<https://devfeed.tech/tags/ai-agents.md>), [analyst](<https://devfeed.tech/tags/analyst.md>), [artificial-intelligence](<https://devfeed.tech/tags/artificial-intelligence.md>), [atlassian](<https://devfeed.tech/tags/atlassian.md>), [atlassian-corp](<https://devfeed.tech/tags/atlassian-corp.md>), [buybacks](<https://devfeed.tech/tags/buybacks.md>), [cloud](<https://devfeed.tech/tags/cloud.md>), [collaboration](<https://devfeed.tech/tags/collaboration.md>), [collaboration-software](<https://devfeed.tech/tags/collaboration-software.md>), [company](<https://devfeed.tech/tags/company.md>), [confluence](<https://devfeed.tech/tags/confluence.md>), [data-center](<https://devfeed.tech/tags/data-center.md>), [earnings](<https://devfeed.tech/tags/earnings.md>), [enterprise-ai](<https://devfeed.tech/tags/enterprise-ai.md>), [fall](<https://devfeed.tech/tags/fall.md>), [first](<https://devfeed.tech/tags/first.md>), [first-quarter](<https://devfeed.tech/tags/first-quarter.md>), [fiscal-2027](<https://devfeed.tech/tags/fiscal-2027.md>), [forecast](<https://devfeed.tech/tags/forecast.md>), [free-cash-flow](<https://devfeed.tech/tags/free-cash-flow.md>), [growth](<https://devfeed.tech/tags/growth.md>), [james-chuong](<https://devfeed.tech/tags/james-chuong.md>), [jira](<https://devfeed.tech/tags/jira.md>), [mike-cannon-brookes](<https://devfeed.tech/tags/mike-cannon-brookes.md>), [more](<https://devfeed.tech/tags/more.md>), [news](<https://devfeed.tech/tags/news.md>), [october](<https://devfeed.tech/tags/october.md>), [remaining-performance-obligations](<https://devfeed.tech/tags/remaining-performance-obligations.md>), [report](<https://devfeed.tech/tags/report.md>), [results](<https://devfeed.tech/tags/results.md>), [rovo](<https://devfeed.tech/tags/rovo.md>), [service-collection](<https://devfeed.tech/tags/service-collection.md>), [shares](<https://devfeed.tech/tags/shares.md>), [subscription](<https://devfeed.tech/tags/subscription.md>), [subscription-annual-recurring-revenue](<https://devfeed.tech/tags/subscription-annual-recurring-revenue.md>), [teamwork-collection](<https://devfeed.tech/tags/teamwork-collection.md>), [the-latest](<https://devfeed.tech/tags/the-latest.md>)

### AI overview

Atlassian beat fiscal 2027 first-quarter estimates, but its shares fell more than 17% after hours as investors focused on forecast subscription ARR growth slowing to about 18.5% by year-end from 22.5% in September. Revenue rose 24% to $1.772 billion, led by cloud growth of 31%; adjusted EPS was $1.65 versus $1.43 expected. Data Center growth slowed to about 5% as customers plan cloud migrations, and Atlassian is retiring that product line in March 2029. The company raised its full-year revenue growth outlook to about 13.75%, while forecasting roughly 27% cloud growth next quarter. It attributed stronger profitability and cash flow to cost control and collections; enterprise cloud adoption of Rovo exceeded 87%.

### Source excerpt

Shares in Atlassian Corp. fell more than 17% in after-hours trading today on a forecast for slower subscription growth from the Australian collaboration software company. Its fiscal 2027 first-quarter results beat analyst estimates. The stock had nearly doubled between Atlassian's August report and late October. For the quarter that ended on Sept. 30, Atlassian reported [...] The post Atlassian shares fall 17% as slower subscription growth forecast overshadows earnings beat appeared first on SiliconANGLE.