70.55 USD
-0.90
1.26%
At close Feb 7, 4:00 PM EST
Pre-market
69.61
-0.94
1.33%
1 day
-1.26%
5 days
0.79%
1 month
16.48%
3 months
15.30%
6 months
63.35%
Year to date
25.18%
1 year
-3.02%
5 years
-32.09%
10 years
-32.09%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 18 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

74% more call options, than puts

Call options by funds: $178M | Put options by funds: $103M

70% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 56

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]

2% more capital invested

Capital invested by funds: $5.67B [Q2] → $5.76B (+$95M) [Q3]

4.13% less ownership

Funds ownership: 85.89% [Q2] → 81.76% (-4.13%) [Q3]

Research analyst outlook

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

Low target
$65
8%
downside
Avg. target
$79
12%
upside
High target
$90
28%
upside

18 analyst ratings

15 positive
83%
neutral
17%
negative
0%
Macquarie
Steve Koenig
75% 1-year accuracy
3 / 4 met price target
28%upside
$90
Outperform
Maintained
15 Jan 2025
Needham
Mike Cikos
77% 1-year accuracy
73 / 95 met price target
20%upside
$85
Buy
Reiterated
7 Jan 2025
Mizuho
Gregg Moskowitz
71% 1-year accuracy
34 / 48 met price target
13%upside
$80
Outperform
Maintained
9 Dec 2024
Barclays
Ryan McKeveny
0% 1-year accuracy
0 / 1 met price target
1%downside
$70
Equal-Weight
Maintained
9 Dec 2024
Scotiabank
Nick Altmann
80% 1-year accuracy
12 / 15 met price target
13%upside
$80
Sector Outperform
Maintained
6 Dec 2024

Financial journalist opinion

Based on 14 articles about GTLB published over the past 30 days

Positive
The Motley Fool
22 hours ago
The Best Stocks to Invest $50,000 in Right Now
If you suddenly inherited $50,000, and you didn't have some short-term expense that needed paying off, you might be inclined to look for someplace to invest it and perhaps grow it into something bigger. $50K is a lot of money to invest all in one place, so a safer bet would be to spread it out across several stocks.
The Best Stocks to Invest $50,000 in Right Now
Neutral
GlobeNewsWire
3 days ago
Kuehn Law Encourages Investors of Gitlab Inc. to Contact Law Firm
NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Gitlab Inc. (NASDAQ: GTLB) breached their fiduciary duties to shareholders.
Kuehn Law Encourages Investors of Gitlab Inc. to Contact Law Firm
Positive
Zacks Investment Research
3 days ago
GTLB Trading at P/S of 15.69X: How Should Investors Approach the Stock?
While GitLab is benefiting from strong growth and AI partnerships, rising competition and stretched valuation pose risks for investors.
GTLB Trading at P/S of 15.69X: How Should Investors Approach the Stock?
Positive
Seeking Alpha
1 week ago
GitLab's Bet On AI Pays Off Big Time
GitLab Inc. is a leading AI-powered DevSecOps platform with strong traction for GitLab Ultimate, now accounting for ~50% of total ARR. GTLB's competitive advantages include its end-to-end platform, robust security features, and transparency policy, attracting major clients like the US government and Indeed. With a large TAM of $40 billion and a growing customer base, GTLB's revenue run-rate stands at $784 million, with a two-year CAGR of 32%.
GitLab's Bet On AI Pays Off Big Time
Positive
Zacks Investment Research
1 week ago
Gitlab (GTLB) Moves 12.3% Higher: Will This Strength Last?
Gitlab (GTLB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Gitlab (GTLB) Moves 12.3% Higher: Will This Strength Last?
Positive
The Motley Fool
1 week ago
Why Software Stocks MongoDB, Salesforce, and GitLab Were Moving Higher
After tech investors licked their wounds yesterday on the launch of the Chinese artificial intelligence (AI) chatbot DeepSeek, today they saw an opportunity from the upheaval.
Why Software Stocks MongoDB, Salesforce, and GitLab Were Moving Higher
Positive
Seeking Alpha
1 week ago
GitLab As A Buy: How AI Trends Are Shaping The Future Of Software Development
GitLab leverages AI to enhance software development, integrating security and AI throughout the development lifecycle, driving significant growth. Since my buy recommendation on June 11, 2024, GitLab's stock has risen 44%, outperforming the S&P 500's 14% increase. This article reviews GitLab's Q3 FY 2025 performance, valuation, and risks, emphasizing its potential as a leader in Agentic AI.
GitLab As A Buy: How AI Trends Are Shaping The Future Of Software Development
Positive
Seeking Alpha
2 weeks ago
GitLab: Further Growth Through DevOps Consolidation Strategy
GTLB, a San Francisco-based DevOps platform provider, reported $196 million in 3Q25 revenues, showing 31% y/y and 7.1% q/q growth. Clients with over $5K and $100K ARR increased to 9.52K and 1.14K, representing 16% and 31% y/y growth, respectively. Operating margins improved from -26.67% to -14.29%. Apart from industry tailwinds, GTLB's new AI solutions and growth strategy that focuses on helping enterprises consolidate point solutions will help with topline growth.
GitLab: Further Growth Through DevOps Consolidation Strategy
Positive
Zacks Investment Research
2 weeks ago
New Strong Buy Stocks for January 23rd
BRLT, GTLB, BBCP, BAK and KMX have been added to the Zacks Rank #1 (Strong Buy) List on January 23, 2025.
New Strong Buy Stocks for January 23rd
Positive
24/7 Wall Street
2 weeks ago
Top Ideas 2025: SNOW, GTLB and SMCI Have Phenomenal Upside Potential
Investors faced a unique dynamic in 2024, with a range of catalysts dominating the mind share of most investors.
Top Ideas 2025: SNOW, GTLB and SMCI Have Phenomenal Upside Potential
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