GitLab Inc. (GTLB)

NASDAQ: GTLB · Real-Time Price · USD
59.83
+4.17 (7.49%)
At close: Dec 20, 2024, 4:00 PM
60.30
+0.47 (0.79%)
After-hours: Dec 20, 2024, 7:57 PM EST
7.49%
Market Cap 9.71B
Revenue (ttm) 711.60M
Net Income (ttm) -48.60M
Shares Out 162.30M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 76.01
Dividend n/a
Ex-Dividend Date n/a
Volume 4,129,336
Open 55.90
Previous Close 55.66
Day's Range 55.48 - 59.94
52-Week Range 40.72 - 78.53
Beta 0.54
Analysts Strong Buy
Price Target 75.88 (+26.83%)
Earnings Date Dec 5, 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... [Read more]

Sector Technology
IPO Date Oct 14, 2021
Employees 2,130
Stock Exchange NASDAQ
Ticker Symbol GTLB
Full Company Profile

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.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for GTLB stock is "Strong Buy." The 12-month stock price forecast is $75.88, which is an increase of 26.83% from the latest price.

Price Target
$75.88
(26.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Top Wall Street analysts believe in the long-term prospects of these stocks

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including GitLab and MongoDB.

Other symbols: MDBS
6 days ago - CNBC

GitLab: Stay Buy Rated On Solid Growth Momentum

I maintain a buy rating for GitLab stock, with a revised price target of ~$92. GTLB's revenue grew 31% y/y to $196 million in the latest quarter, with significant EBIT margin expansion and raised FY25...

11 days ago - Seeking Alpha

GitLab: Fantastic Execution, But Incredibly Expensive

GitLab continues to perform exceptionally well, with strong execution and growth, but its high valuation keeps me from investing currently. Q3 results were impressive, with a 31% YoY revenue growth an...

12 days ago - Seeking Alpha

GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'

GitLab Inc. offers a highly differentiated AI-based DevSecOps platform, driving 30.9% revenue growth and 13.2% operating margin, with a “Buy” rating and $85 target price. Key differentiators include A...

14 days ago - Seeking Alpha

GitLab Stock Rises on Earnings Beat. What Wall Street Thinks About the New CEO.

The software company announces the departure of CEO Sid Sijbrandij, and analysts have high hopes for his successor.

15 days ago - Barrons

RBRK All-Time High, DOCU 2-Year High, HPE & GTLB Rally

It's a green morning on Wall Street. Rubrik (RBRK) surged to an all-time high after posting an earnings beat and guidance raise.

Other symbols: DOCUHPERBRK
15 days ago - Schwab Network

GitLab names Bill Staples as its new CEO

GitLab, the popular developer and security platform, has named a new CEO, Bill Staples, effective immediately.

15 days ago - TechCrunch

GitLab Inc. (GTLB) Q3 2025 Earnings Call Transcript

GitLab Inc. (NASDAQ:GTLB) Q3 2025 Earnings Conference Call December 5, 2024 4:30 PM ET Company Participants Kelsey Turcotte - VP, IR Sid Sijbrandij - Co-Founder and Executive Chair of the Board Brian...

15 days ago - Seeking Alpha

GitLab Reports Third Quarter Fiscal Year 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--All Remote – GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its third quarter fiscal year 2025, ...

15 days ago - Business Wire

GitLab Names Bill Staples as New CEO

SAN FRANCISCO--(BUSINESS WIRE)--All Remote—GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, announced Bill Staples was named CEO and a member of the board of director...

15 days ago - Business Wire

AWS and GitLab Announce Integrated AI Offering to Accelerate Software Innovation and Developer Productivity

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-pow...

Other symbols: AMZN
17 days ago - Business Wire

GitLab Chief Financial Officer Brian Robins to Present at the Barclays 22nd Annual Global Technology Conference

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that GitLab Chief Financial Officer Brian Robins will pr...

25 days ago - Business Wire

GitLab To Announce Third Quarter Fiscal 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that it will report its financial results for the third ...

5 weeks ago - Business Wire

GitLab Chief Product Officer David DeSanto to Present at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that GitLab Chief Product Officer David DeSanto will pre...

6 weeks ago - Business Wire

GTLB Deadline: Rosen Law Firm Urges GitLab Inc. (NASDAQ: GTLB) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers and acquirers of securities of GitLab In...

6 weeks ago - Business Wire

Shareholders With Losses Should Join The Schall Law Firm In A Securities Fraud Case Against GitLab Inc.

LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the ...

6 weeks ago - Accesswire

GitLab Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Affected Investors To Reach Out

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the ...

6 weeks ago - Accesswire

Shareholders Are Encouraged To Join The Schall Law Firm In A Securities Fraud Case Against GitLab Inc.

LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the ...

7 weeks ago - Accesswire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of GitLab

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In GitLab To Contact Him Directly To Discuss Their Options

7 weeks ago - GlobeNewsWire

GitLab Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. November 4, 2024 Deadline to file Lead Plaintiff Motion

Investors can contact the law firm at no cost to learn more about recovering their losses Investors can contact the law firm at no cost to learn more about recovering their losses

7 weeks ago - GlobeNewsWire

Shareholders Are Invited To Join The Schall Law Firm In A Securities Fraud Case Against GitLab Inc.

LOS ANGELES, CA / ACCESSWIRE / October 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the ...

7 weeks ago - Accesswire

Shareholders of GitLab Inc. Should Contact The Gross Law Firm Before November 4, 2024 to Discuss Your Rights – GTLB

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of GitLab Inc. (NASDAQ: GTLB).

7 weeks ago - GlobeNewsWire

GitLab Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Investor Participation

LOS ANGELES, CA / ACCESSWIRE / October 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the ...

7 weeks ago - Accesswire

Code Without Fear: HYCU® Delivers One-click Recovery and Enterprise-class Backup for GitHub, GitLab, and Bitbucket

Latest Integration Adds Support for Developers Beyond GitLab and Bitbucket with Consistent, Secure and Reliable Protection for Leading Developer Platforms Latest Integration Adds Support for Developer...

7 weeks ago - GlobeNewsWire

Nov. 4th Deadline in Lawsuit for Investors who Lost over $100,000 in shares of GitLab Inc. (NASDAQ: GTLB) announced by Shareholders Foundation

SAN DIEGO , Oct. 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced that a deadline is coming up on November 4, 2024, in the lawsuit that was filed for certain investors in GitLab In...

7 weeks ago - PRNewsWire