<p><strong>法国巴黎银行</strong> 分析师 Stefan Slowinski 强调了软件股票基本面的改善，指出招聘需求上升和即将举行的行业活动是塑造投资者情绪的关键催化剂。</p>
<h2>招聘趋势显示潜在实力</h2>
<p>Slowinski 强调，软件工程师的需求持续上升，招聘同比增长 18%。</p>
<p>他指出，<strong>Atlassian Corp.</strong> (NASDAQ: TEAM) 的股价在强劲的业绩推动下上涨了 30%，这得益于座位增长，进一步强化了人工智能可能扩展基于座位和基于消费的机会的观点。</p>
<p>他补充说，软件在企业中的更广泛应用可能需要更多的工程师和工具，而基于人工智能的客户互动也可能推动销售和市场营销功能的提升。</p>
<p>尽管有这样的背景，他认为市场对一些软件供应商的看法过于悲观。</p>
<h2>人工智能辩论将主导投资者活动</h2>
<p>Slowinski 预计，人工智能将继续成为本周 <strong>ServiceNow, Inc</strong>. (NYSE: NOW)、<strong>国际商业机器公司</strong> (NYSE: IBM) 和 Atlassian 会议及分析师日的核心主题。</p>
<p>然而，他并不预期会有重大的人工智能变现里程碑。相反，他认为公司将专注于在最近的代理编码工具发展后，阐明人工智能战略。</p>
<p>他补充说，投资者不太可能找到明确的证据来挑战悲观的软件即服务（SaaS）叙述，尽管招聘数据提供了一些支持。</p>
<h2>产品路线图和客户数据成为焦点</h2>
<p>Slowinski 预计公司将利用这些活动详细介绍产品管道，并突出可能成为未来增长催化剂的客户案例。</p>
<p>他指出，投资者将密切关注定价、包装和采用趋势的更新，特别是针对人工智能产品。</p>
<p>他还计划通过与客户和销售团队的讨论来评估企业人工智能的采用趋势，因为公司为未来几年的潜在收入加速做好准备。</p>
<p><strong>价格动态：</strong> 截至周一，IBM 的股价下跌 0.70%，报 230.57 美元，ServiceNow 的股价上涨 2.57%，报 93.50 美元，Atlassian 的股价上涨 6.84%，报 94.95 美元，数据来源于 据 Benzinga Pro。</p>
<p><em>图片来源于 Shutterstock</em></p>

TEAM

云计算 ETF - GlobalX

标普软件与服务 ETF - SPDR

全球科技股指数 ETF - iShares

北美科技软件股指数 ETF - iShares

<p>BNP Paribas 分析师 Stefan Slowinski 强调软件股票出现积极转变，这得益于招聘需求上升 18% 和 Atlassian 股价飙升 30%。他指出，人工智能将在即将举行的投资者活动中成为重点，尽管预计不会有重大变现里程碑。公司可能会讨论产品路线图和客户使用案例，投资者对人工智能产品的更新充满期待。尽管市场对一些软件供应商的整体情绪较为消极，但招聘数据表明该行业的基本面依然强劲</p>

<p><strong>BNP Paribas</strong> analyst Stefan Slowinski highlighted improving fundamentals for software stocks, pointing to rising hiring demand and upcoming industry events as key catalysts shaping investor sentiment.</p>
<div class="lb-trans"><p><strong>法国巴黎银行</strong> 分析师 Stefan Slowinski 强调了软件股票基本面的改善，指出招聘需求上升和即将举行的行业活动是塑造投资者情绪的关键催化剂。</p>
</div><h2>Hiring Trends Signal Underlying Strength</h2>
<div class="lb-trans"><h2>招聘趋势显示潜在实力</h2>
</div><p>Slowinski emphasized that demand for software engineers continues to rise, with hiring up 18% year over year.</p>
<div class="lb-trans"><p>Slowinski 强调，软件工程师的需求持续上升，招聘同比增长 18%。</p>
</div><p>He noted that <strong>Atlassian Corp.’s</strong> (NASDAQ: TEAM) shares surged 30% after strong results driven by seat growth, reinforcing the view that AI could expand both seat-based and consumption-based opportunities.</p>
<div class="lb-trans"><p>他指出，<strong>Atlassian Corp.</strong> (NASDAQ: TEAM) 的股价在强劲的业绩推动下上涨了 30%，这得益于座位增长，进一步强化了人工智能可能扩展基于座位和基于消费的机会的观点。</p>
</div><p>He added that broader adoption of software across enterprises may require more engineers and tools, while AI-driven customer engagement could also boost Sales and Marketing functions.</p>
<div class="lb-trans"><p>他补充说，软件在企业中的更广泛应用可能需要更多的工程师和工具，而基于人工智能的客户互动也可能推动销售和市场营销功能的提升。</p>
</div><p>Despite this backdrop, he believes the market has become overly negative on some software vendors.</p>
<div class="lb-trans"><p>尽管有这样的背景，他认为市场对一些软件供应商的看法过于悲观。</p>
</div><h2>AI Debate To Dominate Investor Events</h2>
<div class="lb-trans"><h2>人工智能辩论将主导投资者活动</h2>
</div><p>Slowinski expects AI to remain a central theme at this week’s <strong>ServiceNow, Inc</strong>. (NYSE: NOW), <strong>International Business Machines Corp</strong>. (NYSE: IBM), and Atlassian conferences and analyst days.</p>
<div class="lb-trans"><p>Slowinski 预计，人工智能将继续成为本周 <strong>ServiceNow, Inc</strong>. (NYSE: NOW)、<strong>国际商业机器公司</strong> (NYSE: IBM) 和 Atlassian 会议及分析师日的核心主题。</p>
</div><p>However, he does not anticipate major AI monetization milestones. Instead, he believes companies will focus on outlining AI strategies following recent developments in agentic coding tools.</p>
<div class="lb-trans"><p>然而，他并不预期会有重大的人工智能变现里程碑。相反，他认为公司将专注于在最近的代理编码工具发展后，阐明人工智能战略。</p>
</div><p>He added that investors are unlikely to find clear evidence that challenges bearish Software-as-a-Service (SaaS) narratives, though hiring data offers some support.</p>
<div class="lb-trans"><p>他补充说，投资者不太可能找到明确的证据来挑战悲观的软件即服务（SaaS）叙述，尽管招聘数据提供了一些支持。</p>
</div><h2>Product Roadmaps And Customer Data In Focus</h2>
<div class="lb-trans"><h2>产品路线图和客户数据成为焦点</h2>
</div><p>Slowinski expects companies to use these events to detail product pipelines and highlight customer use cases that could signal future growth catalysts.</p>
<div class="lb-trans"><p>Slowinski 预计公司将利用这些活动详细介绍产品管道，并突出可能成为未来增长催化剂的客户案例。</p>
</div><p>He noted that investors will pay close attention to updates on pricing, packaging, and adoption trends, particularly for AI offerings.</p>
<div class="lb-trans"><p>他指出，投资者将密切关注定价、包装和采用趋势的更新，特别是针对人工智能产品。</p>
</div><p>He also plans to assess enterprise AI adoption trends through discussions with customers and sales teams, as companies position themselves for potential revenue acceleration in the coming years.</p>
<div class="lb-trans"><p>他还计划通过与客户和销售团队的讨论来评估企业人工智能的采用趋势，因为公司为未来几年的潜在收入加速做好准备。</p>
</div><p><strong>Price Action:</strong> IBM shares were down 0.70% at $230.57, ServiceNow shares were up 2.57% at $93.50, and Atlassian shares were up 6.84% at $94.95 at the time of publication on Monday, according to Benzinga Pro data.</p>
<div class="lb-trans"><p><strong>价格动态：</strong> 截至周一，IBM 的股价下跌 0.70%，报 230.57 美元，ServiceNow 的股价上涨 2.57%，报 93.50 美元，Atlassian 的股价上涨 6.84%，报 94.95 美元，数据来源于 据 Benzinga Pro。</p>
</div><p><em>Photo via Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源于 Shutterstock</em></p>
</div>

分析师表示，Atlassian 股价的 30% 飙升以及招聘的激增颠覆了软件空头的预期