NASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free GTLB Stock Alerts $55.24 +1.82 (+3.41%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$53.68▼$55.7750-Day Range$53.42▼$77.6052-Week Range$26.24▼$78.53Volume2.95 million shsAverage Volume2.98 million shsMarket Capitalization$8.60 billionP/E RatioN/ADividend YieldN/APrice Target$68.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get GitLab alerts: Email Address GitLab MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside23.8% Upside$68.40 Price TargetShort InterestHealthy3.67% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 10 Articles This WeekInsider TradingSelling Shares$34.54 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.3.76 out of 5 starsComputer And Technology Sector118th out of 602 stocksPrepackaged Software Industry29th out of 205 stocks 3.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 17 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.40, GitLab has a forecasted upside of 23.8% from its current price of $55.24.Amount of Analyst CoverageGitLab has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.67% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently decreased by 14.81%, 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 3.9 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.95. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for GitLab this week, compared to 8 articles on an average week.Search Interest94 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 236% compared to the previous 30 days.MarketBeat Follows30 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 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 $34,543,951.00 in company stock.Percentage Held by Insiders28.04% 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 Institutions54.15% of the stock of GitLab is held by institutions. High institutional ownership can be a signal of strong market trust in this company. 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 -20.09, 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 -20.09, 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 10.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. 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 HeadlinesMarch 5, 2024 | marketbeat.comGitlab Goes on Sale: The AI Bubble Burst for This StockGitlab's NASDAQ: GTLB Q4 results and guidance failed to satisfy the market expectations, sending the stock down 20%. The takeaway is that an AI-fueled bubble burst for this market, but the story is not over.March 5, 2024 | marketbeat.comGitlab Goes on Sale: The AI Bubble Burst for This StockGitlab had a solid quarter but issued weaker-than-expected guidance, sending shares down 15%. The new low and guidance-reset position the stock to rebound.March 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.February 20, 2024 | marketbeat.comJFrog 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 targetsMarch 17, 2024 | seekingalpha.comGitLab Presents A Great Buying Opportunity Post Earnings Sell-Off (Rating Upgrade)March 16, 2024 | finance.yahoo.comGTLB Oct 2024 35.000 putMarch 16, 2024 | finance.yahoo.comGTLB Oct 2024 105.000 callMarch 16, 2024 | americanbankingnews.comGitLab Inc. (NASDAQ:GTLB) Sees Large Decrease in Short InterestMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 15, 2024 | finance.yahoo.comGTLB Mar 2024 52.000 callMarch 13, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in GitLabMarch 12, 2024 | businesswire.comGitLab Inc. (GTLB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsMarch 10, 2024 | finance.yahoo.comGitLab Inc. (NASDAQ:GTLB) Q4 2024 Earnings Call TranscriptMarch 10, 2024 | finance.yahoo.comGitLab Full Year 2024 Earnings: EPS Misses ExpectationsMarch 9, 2024 | finance.yahoo.comGTLB Mar 2024 82.000 callMarch 9, 2024 | finance.yahoo.comGTLB Mar 2024 60.000 putMarch 7, 2024 | finance.yahoo.comWhy GitLab (GTLB) Shares Are Falling TodayMarch 6, 2024 | msn.comGitLab retains Buy rating from multiple analysts despite plungeMarch 6, 2024 | markets.businessinsider.comA Closer Look at 16 Analyst Recommendations For GitLabMarch 6, 2024 | businesswire.comGitLab Inc. (GTLB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsMarch 6, 2024 | seekingalpha.comGitLab: FY 2024 Was Strong, But Guidance Was Lower Than ExpectedMarch 5, 2024 | fool.comWhy GitLab Stock Was Tumbling TodayMarch 5, 2024 | wsj.comStocks to Watch Tuesday: Target, Tesla, GitLabMarch 5, 2024 | realmoney.thestreet.comGitLab price target lowered by $4 at TD Cowen, here's whyMarch 5, 2024 | markets.businessinsider.comGitLab: Strong Financials and Market Position Support Outperform RatingMarch 5, 2024 | markets.businessinsider.comBuy Rating Justified: GitLab’s Strong Q4 2024 Performance and Long-Term Growth ProspectsMarch 5, 2024 | msn.comGitLab shares drop as 'less conservative' forecast disappoints investorsSee 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 Earnings3/04/2024Today3/18/2024Next Earnings (Estimated)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/AEmployees2,170Year FoundedN/APrice Target and Rating Average Stock Price Target$68.40 High Stock Price Target$85.00 Low Stock Price Target$37.00 Potential Upside/Downside+23.8%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage22 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-30.95% Return on Equity-17.47% Return on Assets-10.93% Debt Debt-to-Equity RatioN/A Current Ratio2.02 Quick Ratio2.02 Sales & Book Value Annual Sales$579.91 million Price / Sales14.83 Cash FlowN/A Price / Cash FlowN/A Book Value$5.46 per share Price / Book10.12Miscellaneous Outstanding Shares155,700,000Free Float112,042,000Market Cap$8.60 billion OptionableOptionable Beta0.52 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Sytse Sijbrandij (Age 44)Co-Founder, Chairman, President & CEO Comp: $3.6kMr. Brian G. Robbins (Age 54)Chief Financial Officer Comp: $657.21kMs. Robin J. Schulman (Age 51)Chief Legal Officer, Head of Corporate Affairs & Corporate Secretary Comp: $559.22kMs. Erin Mannix (Age 40)Principal Accounting Officer & Chief Accounting Officer Mr. James ShenDirector of Corporate FinanceMs. Sabrina FarmerChief Technology OfficerMs. Natasha WoodsDirector of Corporate CommunicationsMr. Eliran MesikaDirector of Corporate DevelopmentMs. Ashley KramerChief Marketing & Strategy OfficerMs. Wendy Nice BarnesChief People OfficerMore ExecutivesKey CompetitorsGuidewire SoftwareNYSE:GWRESentinelOneNYSE:SPaylocityNASDAQ:PCTYAvalaraNYSE:AVLRDropboxNASDAQ:DBXView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 1,070,994 shares on 3/11/2024Ownership: 6.030%Wellington Management Group LLPBought 162,369 shares on 3/5/2024Ownership: 0.508%Congress Asset Management Co. MASold 3,696 shares on 3/4/2024Ownership: 0.071%Tucker Asset Management LLCBought 1,325 shares on 3/4/2024Ownership: 0.001%Goldman Sachs Group Inc.Sold 315,660 shares on 3/1/2024Ownership: 0.172%View All Insider TransactionsView All Institutional Transactions GTLB Stock Analysis - Frequently Asked Questions Should I buy or sell GitLab stock right now? 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last twelve months. There are currently 5 hold ratings and 17 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? 22 Wall Street research analysts have issued twelve-month target prices for GitLab's stock. Their GTLB share price targets range from $37.00 to $85.00. On average, they expect the company's stock price to reach $68.40 in the next twelve months. This suggests a possible upside of 23.8% 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 at the start of the year. Since then, GTLB stock has decreased by 12.3% and is now trading at $55.24. View the best growth stocks for 2024 here. Are investors shorting GitLab? GitLab saw a decrease in short interest in February. As of February 29th, there was short interest totaling 3,680,000 shares, a decrease of 14.8% from the February 14th total of 4,320,000 shares. Based on an average daily volume of 2,870,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 3.7% of the shares of the company are sold short. 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 analysts' consensus estimates of $0.08 by $0.07. The company earned $163.80 million during the quarter, compared to analyst estimates of $157.89 million. GitLab had a negative trailing twelve-month return on equity of 17.47% and a negative net margin of 73.14%. The company's revenue for the quarter was up 33.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.26) EPS. What ETFs hold GitLab's stock? ETFs with the largest weight of GitLab (NASDAQ:GTLB) stock in their portfolio include Spear Alpha ETF (SPRX), Harbor Corporate Culture Leaders ETF (HAPY), Amplify Global Cloud Technology ETF (IVES), Fidelity Cloud Computing ETF (FCLD), WisdomTree Cloud Computing Fund (WCLD), ALPS O'Shares Global Internet Giants ETF (OGIG), First Trust US Equity Opportunities ETF (FPX) and Gen Z ETF (ZGEN). 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 guidance of 0.190-0.230 for the period, compared to the consensus 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? (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? GitLab's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.03%), Vanguard Group Inc. (6.03%), HMI Capital Management L.P. (2.83%), Capital Research Global Investors (2.53%), Norges Bank (2.27%) and Franklin Resources Inc. (1.51%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company 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: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: 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.