S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches

GitLab (GTLB) Stock Price, News & Analysis

$73.31
+1.19 (+1.65%)
(As of 03/1/2024 ET)
Today's Range
$70.41
$74.05
50-Day Range
$57.00
$77.60
52-Week Range
$26.24
$78.53
Volume
3.18 million shs
Average Volume
2.05 million shs
Market Capitalization
$11.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.95

GitLab MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
11.4% Downside
$64.95 Price Target
Short Interest
Healthy
4.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of GitLab in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$128.33 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.89) to ($0.81) 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.

2.75 out of 5 stars

Computer And Technology Sector

314th out of 594 stocks

Prepackaged Software Industry

107th out of 205 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

JFrog leaps on EPS beat and raised guidance (GTLB)
JFrog crushed its fourth quarter earnings report and raised its guidance for 2024; FROG stock is forming a bullish pattern as analysts raise their targets
GTLB Mar 2024 63.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
GTLB Mar 2024 69.000 call
GTLB Mar 2024 75.000 put
GitLab (GTLB) Scheduled to Post Quarterly Earnings on Monday
GTLB Mar 2024 90.000 call
GTLB Mar 2024 52.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
GTLB Mar 2024 71.000 put
GTLB Mar 2024 67.000 call
GTLB Mar 2024 69.000 put
GTLB Mar 2024 68.000 call
GTLB Mar 2024 78.000 put
GTLB Mar 2024 77.000 call
GitLab Stock (NASDAQ:GTLB), Quotes and News Summary
GTLB May 2024 65.000 put
GTLB Jan 2025 110.000 call
GTLB Aug 2024 110.000 call
GTLB Apr 2024 110.000 call
GitLab price target raised by $5 at Truist, here's why
GTLB Feb 2024 77.000 call
GTLB Feb 2024 46.000 put
GTLB Feb 2024 87.000 call
See More Headlines
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Company Calendar

Last Earnings
12/04/2023
Today
3/01/2024
Next Earnings (Confirmed)
3/04/2024
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
2,170
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.95
High Stock Price Target
$80.00
Low Stock Price Target
$37.00
Potential Upside/Downside
-11.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
22 Analysts

Profitability

Net Income
$-172,310,000.00
Pretax Margin
-30.95%

Debt

Sales & Book Value

Annual Sales
$424.34 million
Book Value
$5.46 per share

Miscellaneous

Free Float
112,042,000
Market Cap
$11.41 billion
Optionable
Optionable
Beta
0.52
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GTLB Stock Analysis - Frequently Asked Questions

Should I buy or sell GitLab stock right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last twelve months. There are currently 6 hold ratings and 16 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?

22 analysts have issued 1-year price targets for GitLab's shares. Their GTLB share price targets range from $37.00 to $80.00. On average, they predict the company's stock price to reach $64.95 in the next year. This suggests that the stock has a possible downside of 11.4%.
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 at the beginning of 2024. Since then, GTLB stock has increased by 16.4% and is now trading at $73.31.
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, March 4th 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, March 4th 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) posted its quarterly earnings results on Monday, December, 4th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.10. The business earned $149.67 million during the quarter, compared to analyst estimates of $141.54 million. GitLab had a negative trailing twelve-month return on equity of 19.66% and a negative net margin of 79.11%. GitLab's quarterly revenue was up 32.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.33) EPS.

What guidance has GitLab issued on next quarter's earnings?

GitLab issued an update on its fourth quarter 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of 0.080-0.090 for the period, compared to the consensus estimate of -0.060. The company issued revenue guidance of $157.0 million-$158.0 million, compared to the consensus revenue estimate of $150.2 million.

When did GitLab IPO?

(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 shareholders include Vanguard Group Inc. (6.03%), HMI Capital Management L.P. (2.83%), Capital Research Global Investors (2.53%), Norges Bank (2.27%), Franklin Resources Inc. (1.51%) and First Trust Advisors LP (0.98%). 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, 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 3/2/2024 by MarketBeat.com Staff