GitLab Inc. (GTLB)

Market Cap	8.22B
Revenue (ttm)	622.22M
Net Income (ttm)	-426.35M
Shares Out	158.90M
EPS (ttm)	-2.74
PE Ratio	n/a
Forward PE	171.15
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,474,299
Open	51.36
Previous Close	51.34
Day's Range	50.72 - 52.35
52-Week Range	40.19 - 78.53
Beta	0.44
Analysts	Buy
Price Target	66.56 (+28.62%)
Earnings Date	Jun 3, 2024

About 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. an...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Oct 14, 2021
• Employees: 2,130
• Stock Exchange: NASDAQ
• Ticker Symbol: GTLB

Financial Performance

In 2023, GitLab's revenue was $579.91 million, an increase of 36.66% compared to the previous year's $424.34 million. Losses were -$424.17 million, 146.2% more than in 2022.

Analyst Forecast

According to 26 analysts, the average rating for GTLB stock is "Buy." The 12-month stock price forecast is $66.56, which is an increase of 28.62% from the latest price.

Price Target

$66.56

(28.62% upside)

Analyst Consensus: Buy