GTLB vs. WIT, TTD, GDDY, SRAD, CHKP, ZM, IOT, CRWV, PTC, and OKTA
Should you be buying GitLab stock or one of its competitors? The main competitors of GitLab include Wipro (WIT), Trade Desk (TTD), GoDaddy (GDDY), Sportradar Group (SRAD), Check Point Software Technologies (CHKP), Zoom Video Communications (ZM), Samsara (IOT), CoreWeave, Inc. Class A Common Stock (CRWV), PTC (PTC), and Okta (OKTA). These companies are all part of the "computer software" industry.
GitLab vs.
Wipro (NYSE:WIT) and GitLab (NASDAQ:GTLB) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, risk, community ranking, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.
GitLab has a consensus target price of $71.73, indicating a potential upside of 53.69%. Given GitLab's stronger consensus rating and higher probable upside, analysts clearly believe GitLab is more favorable than Wipro.
Wipro received 219 more outperform votes than GitLab when rated by MarketBeat users. However, 59.02% of users gave GitLab an outperform vote while only 50.82% of users gave Wipro an outperform vote.
Wipro has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500. Comparatively, GitLab has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500.
In the previous week, GitLab had 13 more articles in the media than Wipro. MarketBeat recorded 22 mentions for GitLab and 9 mentions for Wipro. GitLab's average media sentiment score of 1.35 beat Wipro's score of 0.96 indicating that GitLab is being referred to more favorably in the news media.
Wipro has higher revenue and earnings than GitLab. GitLab is trading at a lower price-to-earnings ratio than Wipro, indicating that it is currently the more affordable of the two stocks.
2.4% of Wipro shares are held by institutional investors. Comparatively, 95.0% of GitLab shares are held by institutional investors. 1.0% of Wipro shares are held by insiders. Comparatively, 21.4% of GitLab shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Wipro has a net margin of 13.96% compared to GitLab's net margin of -6.83%. Wipro's return on equity of 15.46% beat GitLab's return on equity.
Summary
Wipro and GitLab tied by winning 9 of the 18 factors compared between the two stocks.
Get GitLab News Delivered to You Automatically
Sign up to receive the latest news and ratings for GTLB and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart
Related Companies and Tools
This page (NASDAQ:GTLB) was last updated on 5/1/2025 by MarketBeat.com Staff