
In 2026, Atlassian's stock rose 5%, outperforming HubSpot and Monday.com, which fell 40% and 38% respectively. The broader software sector declined only 4%, indicating that the sharp drops in HubSpot and Monday.com are company-specific rather than sector-wide. Atlassian's transition to cloud services presents some risks but remains the strongest performer among the three. Investors should watch for growth stabilization in HubSpot and Monday.com before considering them opportunities.