GitLab Stock's AI-Powered Reversal Hosted by Laycee KluinDecember 11, 2023 ShareLink copied to clipboard. Play video for GitLab Stock's AI-Powered ReversalDetailsGuestsGitLab NASDAQ: GTLB was already a Most Upgraded Stock on the Marketbeat platform going into its Q3 results, which is unlikely to change soon. What is likely to change is the trend in the consensus price target. The consensus price target has been trimmed over the past few months, coming down to about +5% ahead of the earnings release as analysts tempered expectations. Because the earnings release included top and bottom line strength, improved guidance and unexpected profitability several quarters sooner than expected, price targets will likely start getting lifted and lead the market higher. Until then, GTLB shares are up 13% following the release, trading in alignment with the consensus target and on the brink of completing a full reversal. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioGTLBGitLab3.4041 of 5 stars$24.29-2.2%N/AN/A Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube Listen to MarketBeat Other Platforms The Tech Dip Will Make (Smart) Investors Rich l Here’s HowMarketBeat TV | March 6, 2026Watch VideoRecent VideosThe Last Time Buffett Did This Was 1999 — It's Happening AgainMarketBeat TV | May 5, 2026Watch VideoThe Stock Stories You're Missing This WeekMarketBeat TV | May 4, 2026Watch VideoThis ALWAYS Happens During an AI Boom (3 Stocks to Buy, 2 to Avoid)MarketBeat TV | May 3, 2026Watch Video Featured Articles and OffersThe Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It LaunchesMay 4, 2026Satellite Images Spot Potential $10 Trillion DiscoveryFrom Altimetry (Ad)Alphabet’s Earnings Didn’t Just Beat—They Changed the StoryApril 30, 20263 Energy Stocks to Buy and 2 to Avoid as AI Power Demand ExplodesMay 4, 20265 Stocks to Buy in May Before the Next AI Surge HitsMay 1, 2026SMX: Where Physical Energy Meets Digital TruthFrom Smallcaps Daily (Ad) Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. 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: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.
Hosted by Laycee KluinDecember 11, 2023 ShareLink copied to clipboard. Play video for GitLab Stock's AI-Powered ReversalDetailsGuestsGitLab NASDAQ: GTLB was already a Most Upgraded Stock on the Marketbeat platform going into its Q3 results, which is unlikely to change soon. What is likely to change is the trend in the consensus price target. The consensus price target has been trimmed over the past few months, coming down to about +5% ahead of the earnings release as analysts tempered expectations. Because the earnings release included top and bottom line strength, improved guidance and unexpected profitability several quarters sooner than expected, price targets will likely start getting lifted and lead the market higher. Until then, GTLB shares are up 13% following the release, trading in alignment with the consensus target and on the brink of completing a full reversal. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioGTLBGitLab3.4041 of 5 stars$24.29-2.2%N/AN/A Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube