S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

GitLab (GTLB) Stock Price, News & Analysis

$53.51
-0.35 (-0.65%)
(As of 04/17/2024 ET)
Today's Range
$53.35
$54.97
50-Day Range
$53.42
$77.60
52-Week Range
$26.24
$78.53
Volume
1.08 million shs
Average Volume
2.67 million shs
Market Capitalization
$8.49 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$70.73

GitLab MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
32.2% Upside
$70.73 Price Target
Short Interest
Healthy
3.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of GitLab in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$33.45 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.96) to ($0.95) Per Share

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.

3.74 out of 5 stars

Computer And Technology Sector

196th out of 588 stocks

Prepackaged Software Industry

51st out of 195 stocks

GTLB stock logo

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.

GTLB Stock Price History

GTLB Stock News Headlines

Start loving Mondays like this
Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!
5 Undervalued AI Stocks and Why to Buy Them
Value is where you find it, and there is value among AI stocks. This is a look at five AI stocks with value for investors in one form or another.
5 Undervalued AI Stocks and Why to Buy Them (GTLB)
This is a look at five undervalued AI stocks that could rise by double-digits soon and triple-digits over the next two years.
GitLab Inc. (GTLB)
Start loving Mondays like this
Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!
GitLab (NASDAQ:GTLB) Upgraded by Raymond James to "Outperform"
GitLab (NASDAQ:GTLB) Shares Gap Up to $58.11
Guru Fundamental Report for GTLB
GTLB Apr 2024 52.000 call
Bull Signal Flashing For Losing Tech Giant
See 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.

Company Calendar

Last Earnings
3/04/2024
Today
4/17/2024
Next Earnings (Estimated)
6/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:GTLB
Fax
N/A
Employees
2,130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$70.73
High Stock Price Target
$85.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
23 Analysts

Profitability

Net Income
$-424,170,000.00
Pretax Margin
-27.62%

Debt

Sales & Book Value

Annual Sales
$579.91 million
Book Value
$3.92 per share

Miscellaneous

Free Float
114,129,000
Market Cap
$8.49 billion
Optionable
Optionable
Beta
0.45
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

GTLB Stock Analysis - Frequently Asked Questions

Should I buy or sell GitLab stock right now?

23 Wall Street 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 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 analysts have issued 1 year price targets for GitLab's shares. Their GTLB share price targets range from $55.00 to $85.00. On average, they expect the company's stock price to reach $70.73 in the next twelve months. This suggests a possible upside of 32.2% 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 stock has decreased by 15.0% and is now trading at $53.51.
View the best growth stocks for 2024 here
.

Are investors shorting GitLab?

GitLab saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,090,000 shares, an increase of 27.8% from the March 15th total of 3,200,000 shares. Based on an average daily trading volume, of 2,820,000 shares, the short-interest ratio is currently 1.5 days. Approximately 3.6% of the shares of the stock are short sold.
View GitLab's Short Interest
.

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 were GitLab's earnings last quarter?

GitLab Inc. (NASDAQ:GTLB) posted its quarterly earnings results 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 company earned $163.80 million during the quarter, compared to analysts' expectations 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 business's quarterly revenue was up 33.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.26) EPS.

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 EPS guidance of 0.190-0.230 for the period, compared to the consensus EPS 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 a price of $55.00-$60.00 per share.

Who are GitLab's major shareholders?

GitLab's stock is owned by many different institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%), Wealth Enhancement Advisory Services LLC (0.04%), Renaissance Capital LLC (0.04%), Arkfeld Wealth Strategies L.L.C. (0.01%), Counterpoint Mutual Funds LLC (0.00%) and Park Avenue Securities LLC (0.00%). 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 4/17/2024 by MarketBeat.com Staff

From Our Partners