GitLab Inc. (GTLB)

NASDAQ: GTLB · IEX Real-Time Price · USD
45.00
+0.15 (0.33%)
At close: Sep 22, 2023, 4:00 PM
44.82
-0.18 (-0.40%)
After-hours: Sep 22, 2023, 7:16 PM EDT
0.33%
Market Cap 6.88B
Revenue (ttm) 502.35M
Net Income (ttm) -189.74M
Shares Out 152.80M
EPS (ttm) -1.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,030,608
Open 45.07
Previous Close 44.85
Day's Range 44.32 - 45.40
52-Week Range 26.24 - 58.70
Beta n/a
Analysts Buy
Price Target 62.00 (+37.78%)
Earnings Date Sep 5, 2023

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 2,170
Stock Exchange NASDAQ
Ticker Symbol GTLB
Full Company Profile

Financial Performance

In 2022, GitLab's revenue was $424.34 million, an increase of 67.95% compared to the previous year's $252.65 million. Losses were -$172.31 million, 11.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for GTLB stock is "Buy." The 12-month stock price forecast is $62.0, which is an increase of 37.78% from the latest price.

Price Target
$62.0
(37.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Top 5 Analysts Calls in September

The earnings action has quieted down, but the analysts' activity remains hot. The activity in the 1st week of September is driven by a handful of small tech names with 1 thing in common: exposure to t...

Other symbols: AIBRZEFRSHPATH
12 days ago - MarketBeat

This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In RH - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - GitLab (NASDAQ:GTLB), DocuSign (NASDAQ:DOCU)

U.S. stocks closed slightly higher on Friday but recorded losses last week. The S&P fell 1.3% to record its first negative week in three, while the Dow lost around 0.8% last week.

Other symbols: DOCURHSESPWH
12 days ago - Benzinga

This is How to Get the Best Exposure to AI App Development

The AI industry is in high gear, and the money flows fast into all segments. Among the most promising segments are AI apps and services, which will be the largest portion of the market over time.

Other symbols: MDBNVDAORCL
16 days ago - MarketBeat

GitLab Chief Financial Officer Brian Robins to Present at the Piper Sandler Growth Frontiers Conference

SAN FRANCISCO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that Brian Robins, GitLab's Chief Fina...

17 days ago - GlobeNewsWire

GitLab Shares Rise After Reporting Surprise Profit on Boom in Security Platform Sales

Shares of GitLab (GTLB) jumped 3.6% in early trading on Wednesday after the tech firm posted a surprising quarterly profit on soaring sales of its information technology (IT) security platform.

17 days ago - Investopedia

Stock news September 6, 2023: Enbridge, Express, GitLab

Yahoo Finance anchors Brad Smith and Julie Hyman break down stock news for September 6, 2023. The S&P 500 (^GSPC) is trading slightly in the red amid lingering inflation concerns ahead of the Federal ...

Other symbols: ENBEXPR
17 days ago - Yahoo Finance

Here are the 14 stocks Jim Cramer is watching, including Oracle, Roku and Southwest

Here are some of the tickers on my radar for Wednesday, Sept. 6, taken directly from my reporter's notebook.

17 days ago - CNBC

Zscaler stock slips after earnings call, Gitlab shares rise and other stocks on the move

Shares of Gitlab Inc. GTLB rose 6% after the software company reported a surprise second-quarter adjusted profit and offered up a slightly more upbeat full-year outlook.

Other symbols: ZS
17 days ago - Market Watch

Gitlab reports surprise profit and nudges full-year forecasts higher

Shares of Gitlab Inc. GTLB, +1.16% rallied after hours on Tuesday after the company, whose platforms help businesses with software development, reported a surprise second-quarter adjusted profit and o...

18 days ago - Market Watch

Global DevSecOps Report on AI Shows Cybersecurity and Privacy Concerns Create an Adoption Dilemma

GitLab survey finds organizations are optimistic about AI, but AI adoption requires attention to privacy and security, productivity, and training

18 days ago - GlobeNewsWire

GitLab Reports Second Quarter Fiscal Year 2024 Financial Results

Quarterly re venue of $139.6 million , up 38% year-over-year Fiscal Second Quarter Highlights: Total revenue of $139.6 million GAAP operating margin of (39)%; Non-GAAP operating margin of (3)% GAAP ne...

18 days ago - GlobeNewsWire

GitLab Co-Founder and Chief Executive Officer Sid Sijbrandij to Present at the Goldman Sachs Communacopia & Technology Conference

SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that Sid Sijbrandij, GitLab's Co-Founde...

23 days ago - GlobeNewsWire

GitLab Wins a Google Cloud Technology Partner of the Year Award

SAN FRANCISCO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc. , the most comprehensive AI-powered DevSecOps platform, today announced that it has received the 2023 Google Cloud Technology ...

25 days ago - GlobeNewsWire

Stratascale Named Partner of the Year by GitLab

AUSTIN, Texas--(BUSINESS WIRE)--Stratascale, an SHI company, has been named the 2023 GitLab Partner of the Year. The award recognizes Stratascale's broad experience in leveraging GitLab's comprehensiv...

5 weeks ago - Business Wire

8 Best Meme Stocks to Buy Now

The rise of meme stocks was one of the biggest stories during the volatile markets of 2020 and 2021. While many stocks saw unexpectedly impressive gains as the COVID-19 pandemic raged, the meme stocks...

6 weeks ago - MarketBeat

GitLab Releases Inaugural Environmental, Social, and Governance (ESG) and Diversity, Inclusion, and Belonging (DIB) Reports

SAN FRANCISCO, July 26, 2023 (GLOBE NEWSWIRE) -- GitLab Inc., ​the most comprehensive AI-powered DevSecOps platform, today released its inaugural Environmental, Social, and Governance (ESG) and Divers...

2 months ago - GlobeNewsWire

GitLab shares fall nearly 3% after naming chief revenue officer, reiterating revenue guidance

Shares of GitLab Inc. GTLB, +1.83% tumbled nearly 3% in extended trading Tuesday after the AI company named former Microsoft Corp. MSFT, +3.98% executive Chris Weber as chief revenue officer and confi...

2 months ago - Market Watch

GitLab Names Chris Weber Chief Revenue Officer and Confirms Second Quarter and Annual Guidance

Long-time Microsoft executive joins the company to fuel its next phase of growth Long-time Microsoft executive joins the company to fuel its next phase of growth

2 months ago - GlobeNewsWire

Cloudfresh Has Become a Gitlab Select Channel and Professional Services Partner

Prague, Czech Republic--(Newsfile Corp. - July 13, 2023) - Recently, Cloudfresh has achieved GitLab Select Channel and Professional Services Partner statuses. It means that from now on, Cloudfresh aim...

2 months ago - Newsfile Corp

This stock category is the best possible investment right now

Financial markets have come under significant pressure in 2022 as tough macroeconomic conditions, including 4-decade-high inflation and rising interest rates, led to bearish sentiment among stock inve...

2 months ago - Finbold

Small Growth Stocks Are Finally Catching Big Tech

The guppies are finally swimming with the whales. The guppies, of course, are the highest growth stocks, and the whales are the Big Tech names.

Other symbols: PGNY
2 months ago - Barrons

GitLab Appoints Erin Mannix as Chief Accounting Officer

SAN FRANCISCO, June 30, 2023 (GLOBE NEWSWIRE) -- GitLab Inc., ​​the most comprehensive AI-powered enterprise DevSecOps platform, today announced the appointment of Erin Mannix as chief accounting offi...

3 months ago - GlobeNewsWire

GitLab Appoints Josh Lemos as Chief Information Security Officer

Former Block, ServiceNow and Cylance security leader joins to lead privacy-first security strategy for the most comprehensive AI-powered DevSecOps platform in the market Former Block, ServiceNow and C...

3 months ago - GlobeNewsWire

GitLab Recognized as Leader in Inaugural Gartner® Magic Quadrant™ for DevOps Platforms

The AI-powered DevSecOps platform positioned highest on Ability to Execute axis The AI-powered DevSecOps platform positioned highest on Ability to Execute axis

3 months ago - GlobeNewsWire

GitLab Recognized as the Only Leader by Independent Research Firm in Integrated Software Delivery Platforms Report

According to the report, GitLab leads with a balance between solid platform capabilities and overall strategy According to the report, GitLab leads with a balance between solid platform capabilities a...

3 months ago - GlobeNewsWire