GitLab (GTLB) Stock Price, News & Analysis

Company Overview

GitLab Inc. (NASDAQ: GTLB) is a leading provider of a unified DevOps platform designed to streamline the software development lifecycle. Founded in 2011 by Dmitriy Zaporozhets and Sid Sijbrandij, the company initially gained recognition for its open-source Git repository manager. Over time, GitLab expanded its offerings to encompass planning, source code management, continuous integration/continuous deployment (CI/CD), security testing, and monitoring in a single application. This integrated approach enables development teams to collaborate efficiently, reduce toolchain complexity, and accelerate release cycles.

The GitLab platform is offered through both cloud-hosted and self-managed deployment models, catering to organizations of all sizes. Key features include version control, issue tracking, merge requests, automated pipelines, vulnerability scanning, and compliance controls. Customers can choose from tiered subscription plans—Free, Premium, and Ultimate—that provide varying levels of support, advanced analytics, performance optimization, and enterprise-grade security. By consolidating multiple DevOps tools into one solution, GitLab helps enterprises improve visibility, enforce governance, and maintain high levels of operational efficiency.

Operating as a fully remote company, GitLab employs a distributed workforce spanning more than 60 countries. Headquartered in San Francisco, California, the organization fosters a transparent, asynchronous culture that emphasizes collaboration across time zones. Sid Sijbrandij serves as Chief Executive Officer, guiding GitLab through its public debut in October 2021 and its ongoing mission to redefine how software is built. With a global customer base that includes technology companies, financial institutions, and government agencies, GitLab continues to invest in innovation and expand its platform to meet evolving DevOps needs.

Key Stats

• Today's Range: $43.14 to $45.25
• 50-Day Range: $38.82 to $50.43
• 52-Week Range: $37.90 to $74.18
• Volume: 6.07 million shs
• Average Volume: 5.99 million shs
• Market Capitalization: $7.35 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $58.67
• Consensus Rating: Moderate Buy

GitLab Stock Analysis - MarketRank™

GitLab scored higher than 67% of companies evaluated by MarketBeat, and ranked 305th out of 671 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 19 buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

GitLab has a consensus price target of $58.67, representing about 33.0% upside from its current price of $44.11.

Amount of Analyst Coverage

GitLab has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for GitLab are expected to decrease in the coming year, from ($0.31) to ($0.41) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GitLab is -1,102.75, 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. Sector

The P/E ratio of GitLab is -1,102.75, 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 Ratio

GitLab has a P/B Ratio of 8.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.39% of the float of GitLab has been sold short.

Short Interest Ratio / Days to Cover

GitLab has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GitLab has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GitLab does not currently pay a dividend.

Dividend Growth

GitLab does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.39% of the float of GitLab has been sold short.

Short Interest Ratio / Days to Cover

GitLab has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GitLab has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

GitLab has a news sentiment score of 0.72. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for GitLab this week, compared to 19 articles on an average week.

Search Interest

139 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 121% compared to the previous 30 days.

MarketBeat Follows

70 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 119% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $59,495,444.00 in company stock.

Percentage Held by Insiders

21.36% 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 Institutions

95.04% of the stock of GitLab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GTLB Stock Analysis - Frequently Asked Questions

How have GTLB shares performed this year?

GitLab's stock was trading at $56.35 on January 1st, 2025. Since then, GTLB shares have decreased by 21.7% and is now trading at $44.11.

How were GitLab's earnings last quarter?

GitLab Inc. (NASDAQ:GTLB) posted its quarterly earnings results on Tuesday, June, 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company's quarterly revenue was up 26.8% on a year-over-year basis.
Read the conference call transcript.

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.

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.

What other stocks do shareholders of GitLab own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GitLab investors own include NVIDIA (NVDA), Humana (HUM), Rambus (RMBS), Meta Platforms (META), Saia (SAIA), Enovix (ENVX) and American Water Works (AWK).

Company Calendar

• Last Earnings: 6/10/2025
• Today: 10/01/2025
• Next Earnings (Estimated): 12/04/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GTLB
• CIK: 1653482
• Web: about.gitlab.com
• Phone: 415-829-2854
• Fax: N/A
• Employees: 2,375
• Year Founded: 2011

Price Target and Rating

• Average Price Target for GitLab: $58.67
• High Price Target: $76.00
• Low Price Target: $44.00
• Potential Upside/Downside: +33.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 27 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$6.33 million
• Net Margins: -0.55%
• Pretax Margin: -6.74%
• Return on Equity: -2.71%
• Return on Assets: -1.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.60
• Quick Ratio: 2.60

Sales & Book Value

• Annual Sales: $759.25 million
• Price / Sales: 9.68
• Cash Flow: $0.13 per share
• Price / Cash Flow: 350.10
• Book Value: $5.47 per share
• Price / Book: 8.06

Miscellaneous

• Outstanding Shares: 166,700,000
• Free Float: 131,093,000
• Market Cap: $7.35 billion
• Optionable: Optionable
• Beta: 0.75