NASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis $53.37 -0.07 (-0.13%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$52.20▼$54.5750-Day Range$42.90▼$58.5252-Week Range$40.19▼$78.53Volume1.52 million shsAverage Volume2.58 million shsMarket Capitalization$8.48 billionP/E RatioN/ADividend YieldN/APrice Target$67.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get GitLab alerts: Email Address GitLab MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.84 Rating ScoreUpside/Downside26.1% Upside$67.30 Price TargetShort InterestHealthy4.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.51Based on 10 Articles This WeekInsider TradingSelling Shares$5.70 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.50) to ($0.55) 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.4.06 out of 5 starsComputer And Technology Sector182nd out of 612 stocksPrepackaged Software Industry58th out of 202 stocks 4.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.84, and is based on 21 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGitLab has been the subject of 12 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 5.0 Short Interest Percentage of Shares Shorted4.29% 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 decreased by 8.07%, indicating that investor sentiment is improving 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 2.5 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.51. 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 WeekMarketBeat has tracked 10 news articles for GitLab this week, compared to 9 articles on an average week.Search InterestOnly 19 people have searched for GTLB on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.MarketBeat Follows23 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 28% 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 $5,699,980.00 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 0.0 Earnings and Valuation Earnings GrowthEarnings for GitLab are expected to decrease in the coming year, from ($0.50) to ($0.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -19.41, 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 -19.41, 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 13.61. 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 DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report 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 HeadlinesJuly 23, 2024 | marketbeat.comThis DevOps Stock Lights Up on Acquisition SpeculationDevOps platform provider GitLab Inc. (NASDAQ: GTLB) saw its shares surge over 10% on speculation that the company is exploring a sale after attractingJuly 18, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) Insider Sells $135,112.50 in StockJuly 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 18, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) CEO Sells $2,743,440.00 in StockJuly 9, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) Director Merline Saintil Sells 1,182 SharesJuly 6, 2024 | marketbeat.comMarketBeat Week in Review – 7/1 - 7/5 (GTLB)The market was mostly quiet in a holiday-shortened week; that may change next week with the latest inflation readings and the kickoff of a new earnings seasonJuly 3, 2024 | marketbeat.comGitLab Stock Rebounds: The Inside Story of Its ComebackThe market for GitLab NASDAQ: GTLB collapsed in late May when it announced high-severity flaws in its platform. The news was especially shocking coming from a DevSecOps platform, but the impact on the share price has been short-lived.July 3, 2024 | marketbeat.comGitLab Stock Rebounds: The Inside Story of Its ComebackGitlab is rebounding and may continue to rally in the second half because outperformance is expected, and analyst sentiment is set up for an upgrade cycle.July 27, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 2, 2024 | insidertrades.comErin Mannix Sells 444 Shares of GitLab Inc. (NASDAQ:GTLB) StockJune 29, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) Director Merline Saintil Sells 1,329 SharesJuly 25 at 12:21 PM | investorplace.com3 Hypergrowth AI Stocks Every Investor Must OwnJuly 25 at 11:27 AM | nz.finance.yahoo.comGITLAB CL.A DL-,0000025 (8K2.DU)July 23, 2024 | msn.comGoogle could look to GitLab as potential M&A target after Wiz fallout: WolfeJuly 22, 2024 | fool.comCathie Wood Goes Bargain Hunting: 3 Stocks She Just BoughtJuly 20, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Rating Reiterated by Royal Bank of CanadaJuly 19, 2024 | msn.comGitLab soars as Google-backed firm eyes sale; Needham positive on potential deal with DatadogJuly 19, 2024 | markets.businessinsider.comCracking The Code: Understanding Analyst Reviews For GitLabSee 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 Earnings6/03/2024Today7/27/2024Next Earnings (Estimated)9/03/2024Fiscal 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$67.30 High Stock Price Target$80.00 Low Stock Price Target$50.00 Potential Upside/Downside+26.1%Consensus RatingModerate Buy Rating Score (0-4)2.84 Research Coverage25 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-68.52% Pretax Margin-24.38% Return on Equity-19.14% Return on Assets-10.06% Debt Debt-to-Equity RatioN/A Current Ratio1.87 Quick Ratio1.87 Sales & Book Value Annual Sales$622.22 million Price / Sales13.63 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book13.61Miscellaneous Outstanding Shares158,900,000Free Float124,959,000Market Cap$8.48 billion OptionableOptionable Beta0.46 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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:AVLRAmdocsNASDAQ:DOXCoupa SoftwareNASDAQ:COUPUpstartNASDAQ:UPSTVeeva SystemsNYSE:VEEVView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 156,582 shares on 7/26/2024Ownership: 0.426%Allspring Global Investments Holdings LLCBought 3,152 shares on 7/26/2024Ownership: 0.002%Lecap Asset Management Ltd.Bought 11,964 shares on 7/23/2024Ownership: 0.008%Summit Global InvestmentsBought 5,884 shares on 7/22/2024Ownership: 0.004%Canton Hathaway LLCBought 435 shares on 7/22/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions GTLB Stock Analysis - Frequently Asked Questions How have GTLB shares performed this year? GitLab's stock was trading at $62.96 at the beginning of the year. Since then, GTLB stock has decreased by 15.2% and is now trading at $53.37. View the best growth stocks for 2024 here. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) posted its quarterly earnings data on Monday, June, 3rd. The company reported ($0.24) earnings per share for the quarter, beating analysts' consensus estimates of ($0.33) by $0.09. The firm earned $169.19 million during the quarter, compared to analyst estimates of $165.66 million. GitLab had a negative net margin of 68.52% and a negative trailing twelve-month return on equity of 19.14%. When did GitLab IPO? GitLab (GTLB) raised $598 million in an initial public offering (IPO) 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? Top institutional investors of GitLab include DNB Asset Management AS (0.48%), Bank of New York Mellon Corp (0.43%), M&G Plc (0.13%) and Tran Capital Management L.P. (0.13%). Insiders that own company stock include 2021 Gp LLC Gv, Iconiq Strategic Partners Iii,, Michael Eugene Mcbride, Iconiq Strategic Partners Iv,, Matthew Jacobson, Brian G Robins, Susan L Bostrom, Karen Blasing, Howard Hartenbaum, August Capital Management Vii,, Robin Schulman, Erin Mannix, Dale R Brown, Merline Saintil, Mark Porter, Sundeep Bedi, Divesh Makan, Iconiq Strategic Partners Vi,, Crossover Managemen Technology 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. 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