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GitLab (GTLB) Competitors

GitLab logo
$46.67 -0.48 (-1.02%)
As of 04/30/2025 04:00 PM Eastern

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wipro
2 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.17
GitLab
0 Sell rating(s)
3 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.91

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.

CompanyUnderperformOutperform
WiproOutperform Votes
340
50.82%
Underperform Votes
329
49.18%
GitLabOutperform Votes
121
59.02%
Underperform Votes
84
40.98%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wipro
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
GitLab
16 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wipro$890.88B0.03$1.33B$0.1519.07
GitLab$759.25M9.98-$424.17M-$0.03-1,555.67

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.

Company Net Margins Return on Equity Return on Assets
Wipro13.96% 15.46% 10.11%
GitLab -6.83%-11.72%-5.98%

Summary

Wipro and GitLab tied by winning 9 of the 18 factors compared between the two stocks.

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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.
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Media 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.
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GTLB vs. The Competition

MetricGitLabPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$7.57B$23.95B$23.05B$7.82B
Dividend YieldN/A1.95%2.98%4.22%
P/E Ratio-145.84114.1542.1318.48
Price / Sales9.9817.712,077.10103.91
Price / CashN/A86.0634.7234.62
Price / Book11.918.556.134.25
Net Income-$424.17M$440.05M$738.82M$248.23M
7 Day Performance8.75%12.41%3.58%3.29%
1 Month Performance-3.53%4.19%2.08%2.42%
1 Year Performance-11.05%14.52%52,586.99%5.54%

GitLab Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GTLB
GitLab
3.6994 of 5 stars
$46.67
-1.0%
$71.73
+53.7%
-11.1%$7.65B$759.25M-145.841,630Positive News
Gap Down
WIT
Wipro
1.7804 of 5 stars
$2.84
+0.2%
N/A-47.0%$29.54B$890.88B19.48240,000
TTD
Trade Desk
3.6553 of 5 stars
$54.20
+0.4%
$101.34
+87.0%
-35.3%$26.89B$2.44B69.492,770Analyst Forecast
Gap Down
GDDY
GoDaddy
4.5251 of 5 stars
$184.35
+0.5%
$209.60
+13.7%
+53.9%$26.11B$4.57B28.646,910Upcoming Earnings
Analyst Forecast
Short Interest ↑
Analyst Revision
Positive News
SRAD
Sportradar Group
3.244 of 5 stars
$22.37
-0.4%
$27.00
+20.7%
+148.0%$24.91B$1.11B111.932,960Positive News
High Trading Volume
CHKP
Check Point Software Technologies
4.2825 of 5 stars
$211.50
+2.4%
$232.04
+9.7%
+46.9%$23.26B$2.60B28.315,800Analyst Revision
Positive News
ZM
Zoom Video Communications
4.2147 of 5 stars
$76.14
+0.1%
$85.90
+12.8%
+26.9%$23.25B$4.67B25.398,480Insider Trade
Positive News
IOT
Samsara
3.3123 of 5 stars
$39.48
+0.2%
$48.87
+23.8%
+13.5%$22.52B$1.25B-84.151,620Positive News
Gap Down
CRWV
CoreWeave, Inc. Class A Common Stock
N/A$41.00
-1.3%
$46.86
+14.3%
N/A$19.03B$1.92B0.00881
PTC
PTC
4.5167 of 5 stars
$152.20
-1.2%
$190.38
+25.1%
-12.7%$18.31B$2.31B46.966,500
OKTA
Okta
4.1969 of 5 stars
$104.68
+1.3%
$116.12
+10.9%
+20.6%$18.23B$2.61B-300.016,010Positive News
Gap Down

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This page (NASDAQ:GTLB) was last updated on 5/1/2025 by MarketBeat.com Staff
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