GitLab Inc. (GTLB)

Market Cap	7.87B
Revenue (ttm)	579.91M
Net Income (ttm)	-424.17M
Shares Out	152.80M
EPS (ttm)	-2.75
PE Ratio	n/a
Forward PE	258.45
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,724,503
Open	52.52
Previous Close	52.56
Day's Range	50.74 - 52.55
52-Week Range	26.24 - 78.53
Beta	0.45
Analysts	Strong Buy
Price Target	71.13 (+38.14%)
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 24 analysts, the average rating for GTLB stock is "Strong Buy." The 12-month stock price forecast is $71.13, which is an increase of 38.14% from the latest price.

Price Target

$71.13

(38.14% upside)

Analyst Consensus: Strong Buy