GitLab
GTLB
Market cap $9.71B

59.83 USD

+4.17

7.49%

At close Dec 20, 4:00 PM EST

After hours

60.30

+0.47

0.79%

1 day

7.49%

5 days

1.63%

1 month

-3.73%

3 months

14.95%

6 months

39.46%

Year to date

-0.35%

1 year

-3.12%

5 years

-42.41%

10 years

-42.41%

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

Information Technology Prepackaged Software

0

Funds holding %

of 6,809 funds

0

Analysts bullish %

of 18 analysts

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]

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$65

9%

upside

Avg. target

$79

32%

upside

High target

$90

50%

upside

18 analyst ratings

15 positive

83%

3 neutral

17%

0 negative

0%

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

See Analyst Rankings

Financial journalist opinion

Based on 20 articles about GTLB published over the past 30 days

Top Wall Street analysts believe in the long-term prospects of these stocks

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including GitLab and MongoDB.

Top Wall Street analysts believe in the long-term prospects of these stocks

Zacks Investment Research

Gitlab (GTLB) Upgraded to Buy: Here's Why

Gitlab (GTLB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Gitlab (GTLB) Upgraded to Buy: Here's Why

Zacks Investment Research

Wall Street Analysts See a 27.41% Upside in Gitlab (GTLB): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 27.4% in Gitlab (GTLB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 27.41% Upside in Gitlab (GTLB): Can the Stock Really Move This High?

GitLab: Stay Buy Rated On Solid Growth Momentum

I maintain a buy rating for GitLab stock, with a revised price target of ~$92. GTLB's revenue grew 31% y/y to $196 million in the latest quarter, with significant EBIT margin expansion and raised FY25 revenue guidance. Encouraging metrics include a 48.1% y/y increase in RPO and strong adoption of the Ultimate subscription tier, particularly in the public sector.

GitLab: Stay Buy Rated On Solid Growth Momentum

GitLab: Fantastic Execution, But Incredibly Expensive

GitLab continues to perform exceptionally well, with strong execution and growth, but its high valuation keeps me from investing currently. Q3 results were impressive, with a 31% YoY revenue growth and raised guidance, despite a slight drop in Dollar-Based Net Retention Rate. New CEO Bill Staples brings valuable experience, and AI integration is a key focus, enhancing GitLab's competitive edge.

GitLab: Fantastic Execution, But Incredibly Expensive

Zacks Investment Research

Gitlab Q3 Earnings Beat Estimates: Will Raised View Aid Shares?

GTLB's third-quarter fiscal 2025 results benefit from solid subscription revenue growth driven by expanding clientele.

Gitlab Q3 Earnings Beat Estimates: Will Raised View Aid Shares?

The Motley Fool

Should You Forget Palantir and Buy These 2 Tech Stocks Instead?

Palantir Technologies (PLTR 0.47%) has become one of the best performing stocks in the market this year, up more than 340% year to date as of this writing. However, the stock's strong performance has also left it with one of the most hefty valuations in the space.

Should You Forget Palantir and Buy These 2 Tech Stocks Instead?

GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'

GitLab Inc. offers a highly differentiated AI-based DevSecOps platform, driving 30.9% revenue growth and 13.2% operating margin, with a “Buy” rating and $85 target price. Key differentiators include AI-assisted workflows, rapid innovation through open-source contributions, and strategic partnerships with major cloud providers like AWS and Alphabet. GitLab Ultimate significantly boosts bookings and ARR, with strong market adoption, projected 30% revenue growth for FY25, and consistent margin expansion.

GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'

GitLab Stock Rises on Earnings Beat. What Wall Street Thinks About the New CEO.

The software company announces the departure of CEO Sid Sijbrandij, and analysts have high hopes for his successor.

GitLab Stock Rises on Earnings Beat. What Wall Street Thinks About the New CEO.

RBRK All-Time High, DOCU 2-Year High, HPE & GTLB Rally

It's a green morning on Wall Street. Rubrik (RBRK) surged to an all-time high after posting an earnings beat and guidance raise.

RBRK All-Time High, DOCU 2-Year High, HPE & GTLB Rally

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