<p>軟件股票投資者最近有很多理由持悲觀態度。新的人工智能代理預計將侵蝕有價值的軟件收入來源，許多分析師準備將 “按席位” 商業模式置於生命支持狀態。但在軟件股票崩盤後的幾個月裏，發生了一件有趣的事情：這些擔憂並沒有在收益中顯著體現。事實上，許多聲稱面臨風險的經常性收入流的公司在 2026 年第一季度的銷售增長反而加速，而這些股票現在的交易價格遠低於其歷史估值水平。</p>
<p>現在是時候小心投資軟件股票了嗎？對該行業的情緒依然非常消極，摩根士丹利指出 SaaS 債務是一個問題，注意到 46% 的軟件貸款將在未來四年到期。但這些末日預言似乎是錯誤的，許多軟件公司現在將人工智能視為順風。我們將關注一對從基本面和技術面看起來突然吸引人的軟件股票。</p>
<h2>基本面和技術面看漲的股票</h2>
<p>iShares Expanded Tech-Software Sector ETF BATS: IGV 在過去 12 個月仍然下跌超過 10%，但下行趨勢已被中和。強勁的收益已經推動了該領域幾家公司的增長，包括像 Oracle Corp. NYSE: ORCL 和 Fortinet Inc. NASDAQ: FTNT 這樣的藍籌股。隨着投資者希望擺脱高價的內存和芯片製造商股票而不完全退出市場，軟件股票也開始受益於科技行業的輪動。以下兩家公司在 2026 年第一季度的業績中都為 “人工智能將毀滅軟件” 的論調釘上了釘子。</p>
<h3>Atlassian：雲加速打破按席位壓縮論</h3>
<p>預計將受到人工智能重創的公司之一是 Atlassian Corp. PLC NASDAQ: TEAM，該公司開發用於工作流管理的數字工具。</p>
<p>對於投資者來説，痛苦是真實的，因為該股票在過去 12 個月中下跌了近 60%。然而，該公司在 4 月 30 日公佈了其 2026 財年第三季度的收益，人工智能現在看起來像是順風而不是逆風。</p>
<p>Atlassian 輕鬆超越了第三季度的收益和收入預期，收益每股（EPS）數字超出預期超過 20%。收入同比增長超過 30%，但真正讓市場轉變的是人工智能助手 Rovo 的採用。數百萬用户已經將 Rovo 納入他們的 Jira 或 Confluence 雲工作流，結果非常出色：使用 Rovo 的客户報告的年度經常性收入（ARR）是非用户的兩倍以上。該股票在收益發布後的交易中上漲近 30%，觸發了幾個看漲的技術信號。</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 月底以來，悲觀的動能一直在減弱，這在移動平均收斂發散（MACD）指標上的看漲交叉中得到了體現。MACD 在 3 月和 4 月繼續顯示出向上的動能，最終在 4 月 30 日的收益激增後突破了直方圖。該股票現在首次在全年交易中高於其 50 日移動平均線，為公司的基本面實力提供了堅實的技術背景。</p>
<h3>Datadog：超大規模工作負載外包的受益者</h3>
<p>這裏有一隻實際上在 2026 年創下新歷史高點的軟件股票。Datadog Inc. NASDAQ: DDOG 在 5 月 7 日的第一季度收益超預期後飆升超過 30%，該股票在一些技術催化劑的推動下繼續上漲。</p>
<p>該公司的 2026 年第一季度數據消除了對人工智能侵蝕銷售的任何擔憂：季度收入超過 10 億美元（首次）和超過 17% 的 EPS 超預期。該公司還吸引了更多有利可圖的客户，因為超大規模公司正在外包他們的工作負載。</p>
<p>超過 4500 名客户報告的年度經常性收入達到 10 萬美元或更多，同比增長超過 20%。許多這些高價值客户正在使用 Datadog 的 GPU 來外包他們的人工智能模型訓練環境，產生了一個巨大的、穩定的收入流。</p>
<p>該股票在報告後獲得了一波價格目標上調，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 的股票現在已經超過了去年 11 月的高點，並可能很快受到一波技術信號的推動。與 TEAM 一樣，MACD 在收益催化劑之前暗示了積累的看漲動能。現在突破已經開始，另一個技術催化劑正在形成：黃金交叉，即 50 日移動平均線突破 200 日移動平均線。黃金交叉通常是算法交易者開新倉位的 “全清” 信號，因此 DDOG 在這個夏天可能會迎來更多的高點。</p>
<h2>現在應該投資 1000 美元在 Atlassian 嗎？</h2>
<p>在考慮 Atlassian 之前，你會想聽聽這個。</p>
<p>MarketBeat 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已經確定了五隻頂級分析師悄悄向客户推薦的股票，建議在更廣泛的市場意識到之前購買……而 Atlassian 並不在名單上。</p>
<p>雖然 Atlassian 目前在分析師中獲得了中等買入評級，但頂級分析師認為這五隻股票更值得購買。</p>
<p>在這裏查看這五隻股票</p>

DDOG

TEAM

XDAT

DOGD

雲計算 ETF - GlobalX

DTCR

標普軟件與服務 ETF - SPDR

北美科技軟件股指數 ETF - iShares

全球科技股指數 ETF - iShares

<p>Atlassian 和 Datadog 的股票在強勁的 2026 年第一季度財報發佈後上漲超過 30%，打破了人們對人工智能會損害軟件收入的擔憂。Atlassian 報告了 30% 的收入增長，並且其 AI 助手 Rovo 的採用情況顯著。Datadog 實現了超過 10 億美元的季度收入，吸引了高價值客户。這兩家公司現在被視為從人工智能中受益，積極的技術信號表明可能會有進一步的漲幅</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>軟件股票投資者最近有很多理由持悲觀態度。新的人工智能代理預計將侵蝕有價值的軟件收入來源，許多分析師準備將 “按席位” 商業模式置於生命支持狀態。但在軟件股票崩盤後的幾個月裏，發生了一件有趣的事情：這些擔憂並沒有在收益中顯著體現。事實上，許多聲稱面臨風險的經常性收入流的公司在 2026 年第一季度的銷售增長反而加速，而這些股票現在的交易價格遠低於其歷史估值水平。</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>現在是時候小心投資軟件股票了嗎？對該行業的情緒依然非常消極，摩根士丹利指出 SaaS 債務是一個問題，注意到 46% 的軟件貸款將在未來四年到期。但這些末日預言似乎是錯誤的，許多軟件公司現在將人工智能視為順風。我們將關注一對從基本面和技術面看起來突然吸引人的軟件股票。</p>
</div><h2>Software Stocks With Bullish Fundamental and Technical Signals</h2>
<div class="lb-trans"><h2>基本面和技術面看漲的股票</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 在過去 12 個月仍然下跌超過 10%，但下行趨勢已被中和。強勁的收益已經推動了該領域幾家公司的增長，包括像 Oracle Corp. NYSE: ORCL 和 Fortinet Inc. NASDAQ: FTNT 這樣的藍籌股。隨着投資者希望擺脱高價的內存和芯片製造商股票而不完全退出市場，軟件股票也開始受益於科技行業的輪動。以下兩家公司在 2026 年第一季度的業績中都為 “人工智能將毀滅軟件” 的論調釘上了釘子。</p>
</div><h3>Atlassian: Cloud Acceleration Blows Up Per-Seat Compression Thesis</h3>
<div class="lb-trans"><h3>Atlassian：雲加速打破按席位壓縮論</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>預計將受到人工智能重創的公司之一是 Atlassian Corp. PLC NASDAQ: TEAM，該公司開發用於工作流管理的數字工具。</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>對於投資者來説，痛苦是真實的，因為該股票在過去 12 個月中下跌了近 60%。然而，該公司在 4 月 30 日公佈了其 2026 財年第三季度的收益，人工智能現在看起來像是順風而不是逆風。</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 輕鬆超越了第三季度的收益和收入預期，收益每股（EPS）數字超出預期超過 20%。收入同比增長超過 30%，但真正讓市場轉變的是人工智能助手 Rovo 的採用。數百萬用户已經將 Rovo 納入他們的 Jira 或 Confluence 雲工作流，結果非常出色：使用 Rovo 的客户報告的年度經常性收入（ARR）是非用户的兩倍以上。該股票在收益發布後的交易中上漲近 30%，觸發了幾個看漲的技術信號。</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 月底以來，悲觀的動能一直在減弱，這在移動平均收斂發散（MACD）指標上的看漲交叉中得到了體現。MACD 在 3 月和 4 月繼續顯示出向上的動能，最終在 4 月 30 日的收益激增後突破了直方圖。該股票現在首次在全年交易中高於其 50 日移動平均線，為公司的基本面實力提供了堅實的技術背景。</p>
</div><h3>Datadog: Beneficiary of Hyperscaler Workload Outsourcing</h3>
<div class="lb-trans"><h3>Datadog：超大規模工作負載外包的受益者</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>這裏有一隻實際上在 2026 年創下新歷史高點的軟件股票。Datadog Inc. NASDAQ: DDOG 在 5 月 7 日的第一季度收益超預期後飆升超過 30%，該股票在一些技術催化劑的推動下繼續上漲。</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>該公司的 2026 年第一季度數據消除了對人工智能侵蝕銷售的任何擔憂：季度收入超過 10 億美元（首次）和超過 17% 的 EPS 超預期。該公司還吸引了更多有利可圖的客户，因為超大規模公司正在外包他們的工作負載。</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>超過 4500 名客户報告的年度經常性收入達到 10 萬美元或更多，同比增長超過 20%。許多這些高價值客户正在使用 Datadog 的 GPU 來外包他們的人工智能模型訓練環境，產生了一個巨大的、穩定的收入流。</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>該股票在報告後獲得了一波價格目標上調，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 的股票現在已經超過了去年 11 月的高點，並可能很快受到一波技術信號的推動。與 TEAM 一樣，MACD 在收益催化劑之前暗示了積累的看漲動能。現在突破已經開始，另一個技術催化劑正在形成：黃金交叉，即 50 日移動平均線突破 200 日移動平均線。黃金交叉通常是算法交易者開新倉位的 “全清” 信號，因此 DDOG 在這個夏天可能會迎來更多的高點。</p>
</div><h2>Should You Invest $1,000 in Atlassian Right Now?</h2>
<div class="lb-trans"><h2>現在應該投資 1000 美元在 Atlassian 嗎？</h2>
</div><p>Before you consider Atlassian, you'll want to hear this.</p>
<div class="lb-trans"><p>在考慮 Atlassian 之前，你會想聽聽這個。</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 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。MarketBeat 已經確定了五隻頂級分析師悄悄向客户推薦的股票，建議在更廣泛的市場意識到之前購買……而 Atlassian 並不在名單上。</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>雖然 Atlassian 目前在分析師中獲得了中等買入評級，但頂級分析師認為這五隻股票更值得購買。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在這裏查看這五隻股票</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

飛塔信息

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

兩家軟件公司正在將對 AI 的恐懼轉化為基本收益