GitLabGTLB
About: GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Employees: 2,130
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $178M | Put options by funds: $102M
56% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 61
56% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 14 (+5) [Q3]
33% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 106
10% more funds holding
Funds holding: 354 [Q2] → 388 (+34) [Q3]
1% more capital invested
Capital invested by funds: $5.46B [Q2] → $5.53B (+$72.6M) [Q3]
4.26% less ownership
Funds ownership: 82.77% [Q2] → 78.51% (-4.26%) [Q3]
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Macquarie Steve Koenig 0% 1-year accuracy 0 / 3 met price target | 50%upside $90 | Outperform Initiated | 12 Dec 2024 |
Mizuho Gregg Moskowitz 59% 1-year accuracy 30 / 51 met price target | 34%upside $80 | Outperform Maintained | 9 Dec 2024 |
Barclays Ryan McKeveny 0% 1-year accuracy 0 / 1 met price target | 17%upside $70 | Equal-Weight Maintained | 9 Dec 2024 |
Scotiabank Nick Altmann 58% 1-year accuracy 7 / 12 met price target | 34%upside $80 | Sector Outperform Maintained | 6 Dec 2024 |
DA Davidson Gil Luria 69% 1-year accuracy 29 / 42 met price target | 17%upside $70 | Neutral Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 20 articles about GTLB published over the past 30 days
