<p>软件股票投资者最近有很多理由持悲观态度。新的人工智能代理预计将侵蚀有价值的软件收入来源，许多分析师准备将 “按席位” 商业模式置于生命支持状态。但在软件股票崩盘后的几个月里，发生了一件有趣的事情：这些担忧并没有在收益中显著体现。事实上，许多声称面临风险的经常性收入流的公司在 2026 年第一季度的销售增长反而加速，而这些股票现在的交易价格远低于其历史估值水平。</p>
<p>现在是时候小心投资软件股票了吗？对该行业的情绪依然非常消极，摩根士丹利指出 SaaS 债务是一个问题，注意到 46% 的软件贷款将在未来四年到期。但这些末日预言似乎是错误的，许多软件公司现在将人工智能视为顺风。我们将关注一对从基本面和技术面看起来突然吸引人的软件股票。</p>
<h2>基本面和技术面看涨的股票</h2>
<p>iShares Expanded Tech-Software Sector ETF BATS: IGV 在过去 12 个月仍然下跌超过 10%，但下行趋势已被中和。强劲的收益已经推动了该领域几家公司的增长，包括像 Oracle Corp. NYSE: ORCL 和 Fortinet Inc. NASDAQ: FTNT 这样的蓝筹股。随着投资者希望摆脱高价的内存和芯片制造商股票而不完全退出市场，软件股票也开始受益于科技行业的轮动。以下两家公司在 2026 年第一季度的业绩中都为 “人工智能将毁灭软件” 的论调钉上了钉子。</p>
<h3>Atlassian：云加速打破按席位压缩论</h3>
<p>预计将受到人工智能重创的公司之一是 Atlassian Corp. PLC NASDAQ: TEAM，该公司开发用于工作流管理的数字工具。</p>
<p>对于投资者来说，痛苦是真实的，因为该股票在过去 12 个月中下跌了近 60%。然而，该公司在 4 月 30 日公布了其 2026 财年第三季度的收益，人工智能现在看起来像是顺风而不是逆风。</p>
<p>Atlassian 轻松超越了第三季度的收益和收入预期，收益每股（EPS）数字超出预期超过 20%。收入同比增长超过 30%，但真正让市场转变的是人工智能助手 Rovo 的采用。数百万用户已经将 Rovo 纳入他们的 Jira 或 Confluence 云工作流，结果非常出色：使用 Rovo 的客户报告的年度经常性收入（ARR）是非用户的两倍以上。该股票在收益发布后的交易中上涨近 30%，触发了几个看涨的技术信号。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130042_team2026-05-1913-34-05.PNG?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130042_team2026-05-1913-34-05.PNG"/></p>
<p>自 2 月底以来，悲观的动能一直在减弱，这在移动平均收敛发散（MACD）指标上的看涨交叉中得到了体现。MACD 在 3 月和 4 月继续显示出向上的动能，最终在 4 月 30 日的收益激增后突破了直方图。该股票现在首次在全年交易中高于其 50 日移动平均线，为公司的基本面实力提供了坚实的技术背景。</p>
<h3>Datadog：超大规模工作负载外包的受益者</h3>
<p>这里有一只实际上在 2026 年创下新历史高点的软件股票。Datadog Inc. NASDAQ: DDOG 在 5 月 7 日的第一季度收益超预期后飙升超过 30%，该股票在一些技术催化剂的推动下继续上涨。</p>
<p>该公司的 2026 年第一季度数据消除了对人工智能侵蚀销售的任何担忧：季度收入超过 10 亿美元（首次）和超过 17% 的 EPS 超预期。该公司还吸引了更多有利可图的客户，因为超大规模公司正在外包他们的工作负载。</p>
<p>超过 4500 名客户报告的年度经常性收入达到 10 万美元或更多，同比增长超过 20%。许多这些高价值客户正在使用 Datadog 的 GPU 来外包他们的人工智能模型训练环境，产生了一个巨大的、稳定的收入流。</p>
<p>该股票在报告后获得了一波价格目标上调，包括 Stifel Nicolaus 的新高 305 美元。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130610_ddog2026-05-1913-37-38.PNG?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130610_ddog2026-05-1913-37-38.PNG"/></p>
<p>DDOG 的股票现在已经超过了去年 11 月的高点，并可能很快受到一波技术信号的推动。与 TEAM 一样，MACD 在收益催化剂之前暗示了积累的看涨动能。现在突破已经开始，另一个技术催化剂正在形成：黄金交叉，即 50 日移动平均线突破 200 日移动平均线。黄金交叉通常是算法交易者开新仓位的 “全清” 信号，因此 DDOG 在这个夏天可能会迎来更多的高点。</p>
<h2>现在应该投资 1000 美元在 Atlassian 吗？</h2>
<p>在考虑 Atlassian 之前，你会想听听这个。</p>
<p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已经确定了五只顶级分析师悄悄向客户推荐的股票，建议在更广泛的市场意识到之前购买……而 Atlassian 并不在名单上。</p>
<p>虽然 Atlassian 目前在分析师中获得了中等买入评级，但顶级分析师认为这五只股票更值得购买。</p>
<p>在这里查看这五只股票</p>

DDOG

TEAM

XDAT

DOGD

云计算 ETF - GlobalX

DTCR

标普软件与服务 ETF - SPDR

北美科技软件股指数 ETF - iShares

全球科技股指数 ETF - iShares

<p>Atlassian 和 Datadog 的股票在强劲的 2026 年第一季度财报发布后上涨超过 30%，打破了人们对人工智能会损害软件收入的担忧。Atlassian 报告了 30% 的收入增长，并且其 AI 助手 Rovo 的采用情况显著。Datadog 实现了超过 10 亿美元的季度收入，吸引了高价值客户。这两家公司现在被视为从人工智能中受益，积极的技术信号表明可能会有进一步的涨幅</p>

<p>Software stock investors have had plenty of reasons to be bearish lately. New AI agents were expected to cut into valuable software revenue streams, and many analysts were ready to put the ‘per-seat’ business model on life support. But in the months following the software stock meltdown, a funny thing happened: these fears failed to materialize meaningfully in earnings. In fact, many of the companies with supposedly at-risk recurring revenue streams saw sales growth <em>accelerate</em> in the first quarter of 2026, and these stocks are now trading well below their historic valuation levels.</p>
<div class="lb-trans"><p>软件股票投资者最近有很多理由持悲观态度。新的人工智能代理预计将侵蚀有价值的软件收入来源，许多分析师准备将 “按席位” 商业模式置于生命支持状态。但在软件股票崩盘后的几个月里，发生了一件有趣的事情：这些担忧并没有在收益中显著体现。事实上，许多声称面临风险的经常性收入流的公司在 2026 年第一季度的销售增长反而加速，而这些股票现在的交易价格远低于其历史估值水平。</p>
</div><p>Is it time to nibble on software stocks? Sentiment toward the sector remains very negative, and Morgan Stanley flagged SaaS debt as a concern, noting that 46% of software loans mature over the next four years. But the apocalyptic predictions appear to have been off base, and many software companies now see AI as a tailwind. We’ll focus on a pair of software stocks that suddenly look appealing from a fundamental and technical perspective.</p>
<div class="lb-trans"><p>现在是时候小心投资软件股票了吗？对该行业的情绪依然非常消极，摩根士丹利指出 SaaS 债务是一个问题，注意到 46% 的软件贷款将在未来四年到期。但这些末日预言似乎是错误的，许多软件公司现在将人工智能视为顺风。我们将关注一对从基本面和技术面看起来突然吸引人的软件股票。</p>
</div><h2>Software Stocks With Bullish Fundamental and Technical Signals</h2>
<div class="lb-trans"><h2>基本面和技术面看涨的股票</h2>
</div><p>The iShares Expanded Tech-Software Sector ETF BATS: IGV is still down more than 10% over the last 12 months, but the downtrend has been neutralized. Strong earnings have already boosted several companies in the space, including large caps like Oracle Corp. NYSE: ORCL and Fortinet Inc. NASDAQ: FTNT. Software stocks are also starting to benefit from the tech sector rotation as investors look to move away from pricey memory and chipmaker stocks without exiting the market entirely. The following two companies both helped put a nail in the “AI will doom software” coffin with their Q1 2026 results.</p>
<div class="lb-trans"><p>iShares Expanded Tech-Software Sector ETF BATS: IGV 在过去 12 个月仍然下跌超过 10%，但下行趋势已被中和。强劲的收益已经推动了该领域几家公司的增长，包括像 Oracle Corp. NYSE: ORCL 和 Fortinet Inc. NASDAQ: FTNT 这样的蓝筹股。随着投资者希望摆脱高价的内存和芯片制造商股票而不完全退出市场，软件股票也开始受益于科技行业的轮动。以下两家公司在 2026 年第一季度的业绩中都为 “人工智能将毁灭软件” 的论调钉上了钉子。</p>
</div><h3>Atlassian: Cloud Acceleration Blows Up Per-Seat Compression Thesis</h3>
<div class="lb-trans"><h3>Atlassian：云加速打破按席位压缩论</h3>
</div><p>One of the companies projected to take a hard hit from AI was Atlassian Corp. PLC NASDAQ: TEAM, which develops digital tools for workflow management.</p>
<div class="lb-trans"><p>预计将受到人工智能重创的公司之一是 Atlassian Corp. PLC NASDAQ: TEAM，该公司开发用于工作流管理的数字工具。</p>
</div><p>And for investors, the pain was real, as the stock is down nearly 60% in the last 12 months. However, the company reported its fiscal Q3 2026 earnings on April 30, and AI is now looking like a tailwind rather than a headwind.</p>
<div class="lb-trans"><p>对于投资者来说，痛苦是真实的，因为该股票在过去 12 个月中下跌了近 60%。然而，该公司在 4 月 30 日公布了其 2026 财年第三季度的收益，人工智能现在看起来像是顺风而不是逆风。</p>
</div><p>Atlassian easily surpassed Q3 earnings and revenue estimates, with earnings per share (EPS) figures smashing expectations by more than 20%. Revenue grew more than 30% year-over-year (YOY), but the adoption of the AI-powered assistant Rovo is what really had the market turning its head. Millions of users have already adopted Rovo into their Jira or Confluence cloud workflows, and the results have been exceptional: clients using Rovo reported more than double the annual recurring revenue (ARR) of non-users. The stock jumped nearly 30% in the session following the earnings release, which triggered several bullish technical signals.</p>
<div class="lb-trans"><p>Atlassian 轻松超越了第三季度的收益和收入预期，收益每股（EPS）数字超出预期超过 20%。收入同比增长超过 30%，但真正让市场转变的是人工智能助手 Rovo 的采用。数百万用户已经将 Rovo 纳入他们的 Jira 或 Confluence 云工作流，结果非常出色：使用 Rovo 的客户报告的年度经常性收入（ARR）是非用户的两倍以上。该股票在收益发布后的交易中上涨近 30%，触发了几个看涨的技术信号。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130042_team2026-05-1913-34-05.PNG" alt="" original-src="https://www.marketbeat.com/logos/articles/med_20260519130042_team2026-05-1913-34-05.PNG"/></p>
<p>The bearish momentum had been waning since the end of February, as evidenced by the bullish crossover on the Moving Average Convergence Divergence (MACD) indicator. The MACD continued to show upward momentum through March and April before finally breaking above the histogram following the April 30 earnings pop. The stock now trades above its 50-day moving average for the first time all year, providing a solid technical backdrop to the company’s fundamental strength.</p>
<div class="lb-trans"><p>自 2 月底以来，悲观的动能一直在减弱，这在移动平均收敛发散（MACD）指标上的看涨交叉中得到了体现。MACD 在 3 月和 4 月继续显示出向上的动能，最终在 4 月 30 日的收益激增后突破了直方图。该股票现在首次在全年交易中高于其 50 日移动平均线，为公司的基本面实力提供了坚实的技术背景。</p>
</div><h3>Datadog: Beneficiary of Hyperscaler Workload Outsourcing</h3>
<div class="lb-trans"><h3>Datadog：超大规模工作负载外包的受益者</h3>
</div><p>Here’s a software stock that’s actually making new all-time highs in 2026. Datadog Inc. NASDAQ: DDOG soared more than 30% following its Q1 earnings beat on May 7, and the stock is continuing to creep higher ahead of some technical catalysts.</p>
<div class="lb-trans"><p>这里有一只实际上在 2026 年创下新历史高点的软件股票。Datadog Inc. NASDAQ: DDOG 在 5 月 7 日的第一季度收益超预期后飙升超过 30%，该股票在一些技术催化剂的推动下继续上涨。</p>
</div><p>The company’s Q1 2026 numbers eased any concerns about AI bleeding sales: over $1 billion in quarterly revenue (a first) and an EPS beat of more than 17%. The company is also attracting more lucrative customers as hyperscalers outsource their workload.</p>
<div class="lb-trans"><p>该公司的 2026 年第一季度数据消除了对人工智能侵蚀销售的任何担忧：季度收入超过 10 亿美元（首次）和超过 17% 的 EPS 超预期。该公司还吸引了更多有利可图的客户，因为超大规模公司正在外包他们的工作负载。</p>
</div><p>More than 4,500 customers reported annual recurring revenue of $100,000 or more, an increase of more than 20% YOY. Many of these high-value customers are using Datadog’s GPUs to outsource their AI model training environments, generating a massive, resilient revenue stream.</p>
<div class="lb-trans"><p>超过 4500 名客户报告的年度经常性收入达到 10 万美元或更多，同比增长超过 20%。许多这些高价值客户正在使用 Datadog 的 GPU 来外包他们的人工智能模型训练环境，产生了一个巨大的、稳定的收入流。</p>
</div><p>The stock received a wave of price target bumps following the report, including a new Street-high of $305 from Stifel Nicolaus.</p>
<div class="lb-trans"><p>该股票在报告后获得了一波价格目标上调，包括 Stifel Nicolaus 的新高 305 美元。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/articles/med_20260519130610_ddog2026-05-1913-37-38.PNG" alt="" original-src="https://www.marketbeat.com/logos/articles/med_20260519130610_ddog2026-05-1913-37-38.PNG"/></p>
<p>DDOG shares have now soared past their previous November high and could soon get a boost from a wave of technical signals. Like TEAM, the MACD hinted at accumulating bullish momentum before the earnings catalyst. Now that the breakout is underway, another technical catalyst is forming: a Golden Cross, which occurs when the 50-day moving average crosses above the 200-day moving average. The Golden Cross is often an “all clear” message for algorithmic traders to open new positions on a stock, so more highs could be on tap for DDOG this summer.</p>
<div class="lb-trans"><p>DDOG 的股票现在已经超过了去年 11 月的高点，并可能很快受到一波技术信号的推动。与 TEAM 一样，MACD 在收益催化剂之前暗示了积累的看涨动能。现在突破已经开始，另一个技术催化剂正在形成：黄金交叉，即 50 日移动平均线突破 200 日移动平均线。黄金交叉通常是算法交易者开新仓位的 “全清” 信号，因此 DDOG 在这个夏天可能会迎来更多的高点。</p>
</div><h2>Should You Invest $1,000 in Atlassian Right Now?</h2>
<div class="lb-trans"><h2>现在应该投资 1000 美元在 Atlassian 吗？</h2>
</div><p>Before you consider Atlassian, you'll want to hear this.</p>
<div class="lb-trans"><p>在考虑 Atlassian 之前，你会想听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlassian wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已经确定了五只顶级分析师悄悄向客户推荐的股票，建议在更广泛的市场意识到之前购买……而 Atlassian 并不在名单上。</p>
</div><p>While Atlassian currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>虽然 Atlassian 目前在分析师中获得了中等买入评级，但顶级分析师认为这五只股票更值得购买。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在这里查看这五只股票</p>
</div>

2 Software Stocks Turning AI Fears Into Fundamental Gains

Market Beat

Datadog

Atlassian

FRNKL EXP DT ETF

Tradr 2X Long DDOG Daily ETF

Global X Data Center & Dgtl Infrs ETF

摩根士丹利

甲骨文

飞塔信息

Stifel Financial

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D

STIFEL FINANCIAL CORP 6.125% DEP SHS REP 1/1000 NON CU PF SR C

Stifel Financial Pref Share SFB 5.2 10/15/47

STIFEL FINANCIAL CORP 6.25%NON CUM DEP SHS REP 1/1000TH SER B

STIFEL FINANCIAL CORP 4.50% DEP SHS REP 1/1000TH PREF SHS SR D

两家软件公司正在将对 AI 的恐惧转化为基本收益