GitLab Inc. (GTLB)

Market Cap	8.80B
Revenue (ttm)	665.22M
Net Income (ttm)	-363.32M
Shares Out	160.43M
EPS (ttm)	-2.31
PE Ratio	n/a
Forward PE	95.09
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,385,658
Open	55.20
Previous Close	55.43
Day's Range	53.89 - 55.20
52-Week Range	40.19 - 78.53
Beta	0.46
Analysts	Strong Buy
Price Target	65.59 (+19.58%)
Earnings Date	Dec 2, 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
• Website: https://about.gitlab.com

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 27 analysts, the average rating for GTLB stock is "Strong Buy." The 12-month stock price forecast is $65.59, which is an increase of 19.58% from the latest price.

Price Target

$65.59

(19.58% upside)

Analyst Consensus: Strong Buy