Atlassian and Doximity shares each surged more than 30% on Friday, August 7, following their earnings reports, driven by strong adoption of their artificial intelligence offerings that beat low expectations. Both companies operate vertical-focused software platforms and had been widely viewed as potential AI losers, but their results highlighted how AI can accelerate growth. The article identifies three software-as-a-service stocks with similar setups ahead of their upcoming earnings: GitLab, UiPath, and Asana. GitLab faces a comparable bear case around AI-driven seat-license risk and is transitioning to a hybrid consumption model, with early signs of revenue acceleration potentially lifting the stock. UiPath carries roughly 25% short interest and trades at a forward price-to-sales ratio of 4 times 2027 analyst estimates, positioning it for a sharp move if its Maestro agentic AI orchestration platform gains traction and recurring revenue growth picks up. Asana, a project management platform for non-technical teams, has pivoted toward high-margin enterprise customers, cut costs, and launched AI Studio and AI Teammates in partnership with Anthropic, which could fuel a rebound if AI add-ons boost revenue.
