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Gitlab (GTLB)
NASDAQ:GTLB
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GTLB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.72 - $78.53
Previous Close$59.83
Volume4.62M
Average Volume (3M)2.24M
Market Cap
$9.03B
Enterprise Value$8.16B
Total Cash (Recent Filing)$916.97M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.67
Next Earnings
Mar 17, 2025EPS Estimate
$0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding162,300,000
10 Day Avg. Volume3,590,218
30 Day Avg. Volume2,235,514
Standard Deviation0.16
R-Squared0.03
Alpha-0.00825
Financial Highlights & Ratios
Price to Book (P/B)13.38
Price to Sales (P/S)13.65
Price to Cash Flow (P/CF)-13.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.47
Enterprise Value/Gross Profit15.69
Enterprise Value/Ebitda-72.80
Forecast
1Y Price Target
$80.43Price Target Upside34.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
Gitlab News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGitLab reported a strong 3Q with revenue growth of 31%, exceeding expectations of 26%.
Leadership And ManagementBill Staples is joining GitLab as CEO, and his dedication to customers and passion for developers is encouraging, with previous successful experience in similar transitions.
Strategic PartnershipsGitLab announced a landmark partnership with AWS that could unlock platform growth in a number of new ways.
Bears Say
Competitive ConcernsInvestors are concerned about GitLab's ability to compete effectively against Microsoft, given the strength of Azure and its integration with a growing set of AI capabilities.
Leadership UncertaintyA CEO transition adds some uncertainty to the forward narrative.
Market PenetrationSome investors believe GitLab's total addressable market may be more penetrated than initially estimated, with GitLab's market share closer to 20% and Microsoft/GitHub close to 50%.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Gitlab
Desktop Users
Mobile Users
GTLB FAQ
What was Gitlab’s price range in the past 12 months?
Gitlab lowest stock price was $40.72 and its highest was $78.53 in the past 12 months.
What is Gitlab’s market cap?
Currently, no data Available
When is Gitlab’s upcoming earnings report date?
Gitlab’s upcoming earnings report date is Mar 17, 2025 which is in 85 days.
How were Gitlab’s earnings last quarter?
Gitlab released its earnings results on Dec 05, 2024. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.155 by $0.075.
Is Gitlab overvalued?
According to Wall Street analysts Gitlab’s price is currently Undervalued.
Does Gitlab pay dividends?
Gitlab does not currently pay dividends.
What is Gitlab’s EPS estimate?
Gitlab’s EPS estimate is $0.23.
How many shares outstanding does Gitlab have?
Gitlab has 141,200,000 shares outstanding.
What happened to Gitlab’s price movement after its last earnings report?
Gitlab reported an EPS of $0.23 in its last earnings report, beating expectations of $0.155. Following the earnings report the stock price went up 1.741%.
Which hedge fund is a major shareholder of Gitlab?
Among the largest hedge funds holding Gitlab’s share is Eminence Capital LLC. It holds Gitlab’s shares valued at 150M.
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Gitlab Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$80.43 (34.43% Upside)
$80.43 (34.43% Upside)
Blogger Sentiment
Bullish
GTLB Sentiment 95%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 13.9%
Last 30 Days ▲ 25.7%
Last 30 Days ▲ 25.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.12%
12-Months-Change
Fundamentals
Return on Equity
-7.65%
Trailing 12-Months
Asset Growth
2.10%
Trailing 12-Months
Company Description
Gitlab
GitLab Inc is the DevOps platform that empowers organizations to maximize the overall return on software development by delivering software faster and efficiently, while strengthening security and compliance.
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GTLB Company Deck
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GTLB Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth and profitability, driven by strong demand for GitLab's AI-powered DevSecOps platform and successful customer acquisitions. However, challenges in the China joint venture and a substantial tax-related cash impact were noted. Overall, the positive aspects significantly outweigh the negatives.Read More>---
GTLB Revenue Breakdown
87.04% Subscription
12.96% License
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GTLB Stock 12 Month Forecast
Average Price Target
$80.43
▲(34.43% Upside)
Technical Analysis
Best Analysts Covering GTLB
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+19.10%
reiterated a buy rating 16 days ago
Copying Kash Rangan's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +19.10% per trade.
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