TEAM to $165 by end of Oct?

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Short term technical:

Last few times RSI dropped below 30, the stock rebounded 10-20% during the next month.

Long term fundamental:

The stock has plunged about 35% year-to-date, largely due to softer guidance in recent earnings, highlighting elongated enterprise deal cycles, billing shifts, and conservative outlooks amid macro uncertainties. However, this dip creates an excellent buying entry: the company maintains robust growth with 25% YoY cloud revenue and a 20% CAGR target through FY2027, while its forward P/E has compressed to around 34x.

Penafian

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