GitLab Inc. (GTLB)

NASDAQ: GTLB · IEX Real-Time Price · USD
65.12
-2.47 (-3.65%)
At close: Aug 17, 2022 4:00 PM
65.79
+0.67 (1.03%)
After-hours: Aug 17, 2022 5:37 PM EDT
-3.65%
Market Cap 9.62B
Revenue (ttm) 290.13M
Net Income (ttm) -153.30M
Shares Out 147.70M
EPS (ttm) -1.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,629,087
Open 65.62
Previous Close 67.59
Day's Range 63.75 - 67.17
52-Week Range 30.74 - 137.00
Beta n/a
Analysts Buy
Price Target 71.09 (+9.2%)
Earnings Date Jun 6, 2022

About GTLB

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company 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. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLa... [Read more...]

Industry Software-Application
IPO Date Oct 14, 2021
Employees 1,630
Stock Exchange NASDAQ
Ticker Symbol GTLB
Full Company Profile

Financial Performance

In 2021, GitLab's revenue was $252.65 million, an increase of 66.03% compared to the previous year's $152.18 million. Losses were -$155.14 million, -19.28% less than in 2020.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for GTLB stock is "Buy." The 12-month stock price forecast is 71.09, which is an increase of 9.17% from the latest price.

Price Target
$71.09
(9.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GitLab To Announce Second Quarter Fiscal 2023 Financial Results

SAN FRANCISCO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc. , (NASDAQ: GTLB ), The One DevOps Platform, today announced that it will report its financial results for the second quarter of ...

CircleCI partners with GitLab

CircleCI, the popular continuous integration and delivery (CI/CD) platform, today announced a partnership with GitLab, the popular DevOps platform that also offers an integrated CI/CD service.

Needham Sees GitLab Increasingly Becoming Center Of Gravity For Organizational Software Innovation

Needham analyst Mike Cikos initiated coverage on GitLab Inc (NASDAQ: GTLB) with a Buy rating with a price target of $70 (21% upside). GitLab delivers a single application to drive cross-function collabo...

Gitlab (GTLB) Stock Pops Following Positive Earnings Guidance

GTLB stock is catching a much-needed bid today. GitLab's bottom-line outlook appears to be better than some traders had anticipated.

Stock Market Correction: Buy These 2 Stocks to Help You Retire Rich

These amazing tech stocks posted revenue growth above 70% in the first quarter.

Other symbols: AMD

GitLab Inc. Wins 2021 Google Cloud Technology Partner of the Year for Application Development Award

The One DevOps Platform Recognized as a Critical Tool for Cloud Native Application Development The One DevOps Platform Recognized as a Critical Tool for Cloud Native Application Development

Cloudflare outage hits Discord, GitLab and other services in India

A Cloudflare outage in India that began about 50 minutes ago has caused several services including Discord, GitLab, OSlash, and many other popular services to face performance issues in the country. Clo...

Other symbols: NET

Gitlab is up 15% after announcing its first-quarter financial results

GitLab Inc. (NASDAQ: GTLB), a One DevOps platform, shot up 15% after announcing its first-quarter financials for the 2023 fiscal year. The company reported an $87.4 million quarterly revenue, representi...

GitLab Beats Earnings Estimates. Analysts Praise Its Continued Strong Performance.

The code hosting platform added 575 new customers in the past quarter, a record.

We're very happy with our ability to hire and who we were able to hire, says GitLab CEO

Sid Sijbrandij, GitLab CEO, joins 'TechCheck' to discuss how multi-cloud is driving GitLab's business, how much room there is for headcount growth in the company's customer base and more.

Why GitLab Stock Soared After Earnings

This beaten-down SaaS stock is still posting impressive growth in 2022.

Here's What Analysts Had To Say About GitLab Post Q1 Beat

Analysts acknowledged GitLab Inc's (NASDAQ: GTLB) Q1 beat by re-rating the stock. RBC Capital analyst Matthew Hedberg maintained GitLab with an Outperform and raised the price target from $64 to $66.

Why Gitlab Shares Are Rising Today

Gitlab Inc (NASDAQ: GTLB) shares are trading higher by 21.7% at $48.50 after the company reported better-than-expected first-quarter adjusted EPS and sales results and issued second-quarter adjusted EPS...

GitLab (GTLB) Stock Pops 20% on Q1 Earnings Beat

Gitlab is up 20% after reporting strong Q1 revenue and profit growth Monday afternoon. How high will GTLB stock go?

GitLab Reports First Quarter Fiscal Year 2023 Financial Results

Quarterly re venue of $87.4 million , up 75% year-over-year  Strong Dollar-Based Net Retention Rate above 130%

This Recent Tech IPO Stock Is A Buy

Even though Gitlab has performed well, the share price continues to fall.

GitLab to Present at Upcoming Investor Conference

SAN FRANCISCO, June 01, 2022 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc. , (NASDAQ: GTLB ), The One DevOps Platform, today announced that the company will present at BofA Securities 2022 Global Technol...

6 Top Insider Buys of the Week

Tracking insider buying allows retail investors to take a look at how insiders view their company. This week, the list includes COIN and CVNA stocks.

Other symbols: COINCVNADOCSGOOGHLT

GitLab Inc.'s Partner Ecosystem Expands to Meet Increasing Demand for DevOps Solutions

Partner Program Enables Business Innovation and Growth for Customers Partner Program Enables Business Innovation and Growth for Customers

GitLab expands its DevOps platform with new observability and security tools

GitLab, the popular open-source DevOps service, today announced version 15 of its platform. As usual, GitLab is basically announcing its roadmap for the entirety of the GitLab 15 release cycle here, wit...

GitLab 15 Provides Replacement for Do-It-Yourself DevOps with The One DevOps Platform

Latest Iteration Expands Comprehensive DevOps Platform to Drive Digital Innovation Latest Iteration Expands Comprehensive DevOps Platform to Drive Digital Innovation

7 Up-and-Coming Stocks to Buy Before They Boom

Legacy stocks are getting the most attention, but investors shouldn't ignore the potential of these seven up-and-coming stocks. The post 7 Up-and-Coming Stocks to Buy Before They Boom appeared first on ...

GitLab Inc. Granted Software Licensing Program Contract With State of California

California Public Sector Agencies Can Now Deliver Software Faster and More Efficiently through Broader Accessibility to The DevOps Platform California Public Sector Agencies Can Now Deliver Software Fas...

Big Investors Are Buying Gitlab (GTLB) Stock. Here's Why.

GTLB stock is in the spotlight after BlackRock and HMI Capital Management reported purchasing shares of the DevOps company. The post Big Investors Are Buying Gitlab (GTLB) Stock.

GitLab Welcomes Ashley Kramer as Chief Marketing And Strategy Officer

Key leadership investment lends to continued growth for GitLab as DevOps Platform adoption is on the rise. Key leadership investment lends to continued growth for GitLab as DevOps Platform adoption is o...