Top-Rated StocksTop-RatedNASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free GTLB Stock Alerts $47.19 -1.35 (-2.78%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$46.25▼$48.8550-Day Range$47.19▼$59.5352-Week Range$33.09▼$78.53Volume6.09 million shsAverage Volume1.70 million shsMarket Capitalization$7.48 billionP/E RatioN/ADividend YieldN/APrice Target$70.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get GitLab alerts: Email Address GitLab MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.87 Rating ScoreUpside/Downside49.4% Upside$70.50 Price TargetShort InterestHealthy4.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.77Based on 6 Articles This WeekInsider TradingSelling Shares$23.63 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.96) to ($0.95) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.93 out of 5 starsComputer And Technology Sector168th out of 602 stocksPrepackaged Software Industry59th out of 204 stocks 4.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGitLab has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GitLab's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.16% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently increased by 9.01%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGitLab does not currently pay a dividend.Dividend GrowthGitLab does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GTLB. Previous Next 3.2 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for GitLab this week, compared to 8 articles on an average week.Search Interest31 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.MarketBeat Follows11 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GitLab insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,632,528.00 in company stock.Percentage Held by Insiders21.36% of the stock of GitLab is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.72% of the stock of GitLab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about GitLab's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for GitLab are expected to grow in the coming year, from ($0.96) to ($0.95) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -17.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of GitLab is -17.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGitLab has a P/B Ratio of 12.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about GitLab's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThis military-backed stock “owns” AI marketThe AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About GitLab Stock (NASDAQ:GTLB)GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. The company helps organizations to plan, build, secure, and deploy software to drive business outcomes. It also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is headquartered in San Francisco, California.Read More GTLB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GTLB Stock News HeadlinesMay 10, 2024 | marketbeat.comJFrog Stock Gets Punished for Solid Results: Buy the Dip (GTLB)JFrog had a solid quarter and issued good guidance but fell short of whisper hopes for acceleration. Analysts trim targets but forecast 20% upside.June 1 at 1:10 AM | americanbankingnews.comGitLab (GTLB) to Release Quarterly Earnings on MondayMay 31 at 6:51 PM | cnbc.comCramer's week ahead: Labor report, plus Gitlab and Crowdstrike earningsMay 25, 2024 | fool.comHere Are the 2 Growth Stocks Google's Parent Company Just Added to Its $7 Billion PortfolioMay 24, 2024 | investorplace.comInvesting on Steroids: 7 High-Growth Stocks for the Bold and DaringMay 17, 2024 | nasdaq.comGitLab (GTLB) Shares Cross Above 200 DMAMay 17, 2024 | markets.businessinsider.comBeyond The Numbers: 17 Analysts Discuss GitLab StockMay 16, 2024 | stockhouse.comGitLab Announces Secure AI-driven Capabilities to Streamline Software DevelopmentMay 13, 2024 | globenewswire.comGitLab To Announce First Quarter Fiscal 2025 Financial ResultsMay 9, 2024 | seekingalpha.comGitLab: Four Reasons To BuyMay 9, 2024 | finance.yahoo.comGitLab Inc. (GTLB) Stock Moves -0.97%: What You Should KnowMay 4, 2024 | finance.yahoo.comGitLab Inc (GTLB) CFO Brian Robins Sells 30,000 SharesApril 30, 2024 | ca.finance.yahoo.comGTLB May 2024 60.000 callApril 30, 2024 | businesswire.comFleet Rings in The End of Invasive IT Notifications with Industry-First Auto-Scheduling of Operating System Updates for macOS, Windows, and LinuxApril 18, 2024 | globenewswire.comGitLab Announces the General Availability of GitLab Duo ChatApril 18, 2024 | theglobeandmail.com1 AI Software Stock That's Winning Over Wall StreetApril 15, 2024 | finance.yahoo.comGitLab Inc. (GTLB)April 14, 2024 | finance.yahoo.com‘There’s More Room for Upside’: Wells Fargo Says Buy These 2 Stocks for Double-Digit ReturnsApril 13, 2024 | investorplace.comDisruptive Forces: 3 Game-changing Stocks Reshaping the Tech LandscapeApril 13, 2024 | nasdaq.comGuru Fundamental Report for GTLBApril 10, 2024 | finance.yahoo.comSAP, WIX, GTLB: Which “Strong Buy” Tech Stock Is Best?April 9, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Intel (INTC), Gitlab (GTLB) and Advanced Micro Devices (AMD)April 9, 2024 | globenewswire.comGitLab Wins a Google Cloud Technology Partner of the Year Award for DevOpsApril 5, 2024 | benzinga.comGitLab Inc. Showcases Strong FY '24 Performance and Strategic AI Investments in Conference CallApril 4, 2024 | finance.yahoo.comGTLB Apr 2024 52.000 callSee More Headlines Receive GTLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GitLab and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/04/2024Today6/01/2024Next Earnings (Confirmed)6/03/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:GTLB CUSIPN/A CIK1653482 Webabout.gitlab.com Phone415-829-2854FaxN/AEmployees2,130Year FoundedN/APrice Target and Rating Average Stock Price Target$70.50 High Stock Price Target$85.00 Low Stock Price Target$55.00 Potential Upside/Downside+49.4%Consensus RatingModerate Buy Rating Score (0-4)2.87 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)($2.75) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-424,170,000.00 Net Margins-73.14% Pretax Margin-27.62% Return on Equity-18.26% Return on Assets-10.65% Debt Debt-to-Equity RatioN/A Current Ratio1.93 Quick Ratio1.93 Sales & Book Value Annual Sales$579.91 million Price / Sales12.91 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book12.04Miscellaneous Outstanding Shares158,600,000Free Float124,723,000Market Cap$7.48 billion OptionableOptionable Beta0.49 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Sytse Sijbrandij (Age 44)Co-Founder, Chairman, President & CEO Comp: $3.6kMr. Brian G. Robins (Age 54)Chief Financial Officer Comp: $784.02kMs. Robin J. Schulman (Age 51)Chief Legal Officer, Head of Corporate Affairs & Corporate Secretary Comp: $651.25kMr. Christopher Weber (Age 59)Chief Revenue Officer Comp: $557.81kMs. Erin Mannix (Age 40)Principal Accounting Officer & Chief Accounting Officer Mr. James ShenDirector of Corporate FinanceMs. Sabrina Farmer (Age 52)Chief Technology Officer Ms. Christina WeaverDirector of Corporate CommunicationsMr. Eliran MesikaVice President of Corporate DevelopmentMs. Ashley KramerChief Marketing & Strategy OfficerMore ExecutivesKey CompetitorsAvalaraNYSE:AVLRCoupa SoftwareNASDAQ:COUPAmdocsNASDAQ:DOXUpstartNASDAQ:UPSTVeeva SystemsNYSE:VEEVView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 6,313 shares on 5/24/2024Ownership: 0.004%Walleye Trading LLCBought 129,700 shares on 5/17/2024Ownership: 0.000%Comerica BankBought 63,323 shares on 5/17/2024Ownership: 0.042%Tidal Investments LLCBought 15,804 shares on 5/17/2024Ownership: 0.010%Grandeur Peak Global Advisors LLCSold 1,498 shares on 5/16/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions GTLB Stock Analysis - Frequently Asked Questions Should I buy or sell GitLab stock right now? 23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last twelve months. There are currently 3 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GTLB shares. View GTLB analyst ratings or view top-rated stocks. What is GitLab's stock price target for 2024? 23 brokers have issued 1 year target prices for GitLab's stock. Their GTLB share price targets range from $55.00 to $85.00. On average, they anticipate the company's share price to reach $70.50 in the next year. This suggests a possible upside of 49.4% from the stock's current price. View analysts price targets for GTLB or view top-rated stocks among Wall Street analysts. How have GTLB shares performed in 2024? GitLab's stock was trading at $62.96 on January 1st, 2024. Since then, GTLB shares have decreased by 25.0% and is now trading at $47.19. View the best growth stocks for 2024 here. When is GitLab's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024. View our GTLB earnings forecast. How can I listen to GitLab's earnings call? GitLab will be holding an earnings conference call on Monday, June 3rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) released its quarterly earnings data on Monday, March, 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.07. The firm earned $163.80 million during the quarter, compared to analyst estimates of $157.89 million. GitLab had a negative net margin of 73.14% and a negative trailing twelve-month return on equity of 18.26%. The firm's quarterly revenue was up 33.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.26) EPS. What ETFs hold GitLab's stock? ETFs with the largest weight of GitLab (NASDAQ:GTLB) stock in their portfolio include Innovator Deepwater Frontier Tech ETF (LOUP), Future Fund Long/Short ETF (FFLS), Spear Alpha ETF (SPRX), Future Fund Active ETF (FFND), Renaissance IPO ETF (IPO), Amplify Global Cloud Technology ETF (IVES), First Trust Cloud Computing ETF (SKYY) and Fidelity Cloud Computing ETF (FCLD). What guidance has GitLab issued on next quarter's earnings? GitLab issued an update on its FY 2025 earnings guidance on Monday, March, 4th. The company provided earnings per share (EPS) guidance of 0.190-0.230 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $725.0 million-$731.0 million, compared to the consensus revenue estimate of $731.7 million. When did GitLab IPO? GitLab (GTLB) raised $598 million in an initial public offering on Thursday, October 14th 2021. The company issued 10,400,000 shares at $55.00-$60.00 per share. Who are GitLab's major shareholders? GitLab's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.91%), Capital Research Global Investors (4.44%), Bamco Inc. NY (0.78%), Lord Abbett & CO. LLC (0.54%), Westfield Capital Management Co. LP (0.53%) and Clearbridge Investments LLC (0.32%). Insiders that own company stock include 2021 Gp LLC Gv, August Capital Management Vii,, Brian G Robins, Crossover Managemen Technology, Dale R Brown, Divesh Makan, Erin Mannix, Howard Hartenbaum, Iconiq Strategic Partners Iii,, Iconiq Strategic Partners Iv,, Iconiq Strategic Partners Vi,, Mark Porter, Matthew Jacobson, Michael Eugene Mcbride, Robin Schulman, Sundeep Bedi, Susan L Bostrom and Sytse Sijbrandij. View institutional ownership trends. How do I buy shares of GitLab? Shares of GTLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GTLB) was last updated on 6/1/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyUnlock Explosive Gains with This Defense StockBehind the MarketsNvidia is about to pass AppleWeiss RatingsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProThe Worst is Yet to Come…Porter & CompanyDems have chosen Biden replacement?Paradigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GitLab Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
