Top-Rated StocksTop-RatedNASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free GTLB Stock Alerts $52.52 +1.03 (+2.00%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$50.90▼$52.6650-Day Range$51.49▼$74.4752-Week Range$26.24▼$78.53Volume1.65 million shsAverage Volume1.62 million shsMarket Capitalization$8.33 billionP/E RatioN/ADividend YieldN/APrice Target$70.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get GitLab alerts: Email Address GitLab MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.87 Rating ScoreUpside/Downside34.7% Upside$70.73 Price TargetShort InterestHealthy3.64% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.74Based on 9 Articles This WeekInsider TradingSelling Shares$28.05 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.96) to ($0.95) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.82 out of 5 starsComputer And Technology Sector191st out of 592 stocksPrepackaged Software Industry49th out of 201 stocks 4.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGitLab has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.64% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently increased by 27.81%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGitLab does not currently pay a dividend.Dividend GrowthGitLab does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GTLB. Previous Next 2.6 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for GitLab this week, compared to 8 articles on an average week.Search InterestOnly 25 people have searched for GTLB on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.MarketBeat FollowsOnly 17 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GitLab insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,048,607.00 in company stock.Percentage Held by Insiders28.04% of the stock of GitLab is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.72% of the stock of GitLab is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for GitLab are expected to grow in the coming year, from ($0.96) to ($0.95) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -19.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of GitLab is -19.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGitLab has a P/B Ratio of 13.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wealthpin ProOne trade. One ticker. One week. Do you want to target weekly income of up to $2k or more… Starting with just $500... With just one trade per week? Well, then you should click here to see this free training. About GitLab Stock (NASDAQ: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. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is headquartered in San Francisco, California.Read More GTLB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GTLB Stock News HeadlinesApril 20, 2024 | marketbeat.comMarketBeat Week in Review – 4/15 - 4/19 (GTLB)The markets continued to move lower ahead of a big earnings week as analysts adjust valuations on the outlook for interest rates and geopolitical concernsApril 19, 2024 | marketbeat.comBargain Alert: Gitlab's Slide Has Created a Temporary 40% UpsideHaving seen its shares rally almost 200% in the nine months before this past February, software company Gitlab Inc NASDAQ: GTLB was finally starting to break out of a multi-year range. Having chosen to IPO at the tail end of 2021, it was one of those tech stocks that initially soared but then collapsed into 2022.April 23, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 19, 2024 | marketbeat.comBargain Alert: Gitlab’s Slide Has Created a Temporary 40% Upside (GTLB)The stock has been trending down since March but what’s interesting is that analysts are only getting more excited about its potential upside.April 18, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) CEO Sells $3,075,520.00 in StockApril 4, 2024 | insidertrades.comInsider Selling: GitLab Inc. (NASDAQ:GTLB) CFO Sells 60,000 Shares of StockMarch 31, 2024 | insidertrades.comSundeep Bedi Sells 9,000 Shares of GitLab Inc. (NASDAQ:GTLB) StockMarch 26, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) CAO Sells $57,029.74 in StockApril 23, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 19, 2024 | americanbankingnews.comSytse Sijbrandij Sells 56,000 Shares of GitLab Inc. (NASDAQ:GTLB) StockApril 18, 2024 | globenewswire.comGitLab Announces the General Availability of GitLab Duo ChatApril 18, 2024 | theglobeandmail.com1 AI Software Stock That's Winning Over Wall StreetApril 15, 2024 | finance.yahoo.comGitLab Inc. (GTLB)April 14, 2024 | finance.yahoo.com‘There’s More Room for Upside’: Wells Fargo Says Buy These 2 Stocks for Double-Digit ReturnsApril 14, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Upgraded by Raymond James to "Outperform"April 14, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Shares Gap Up to $58.11April 13, 2024 | investorplace.comDisruptive Forces: 3 Game-changing Stocks Reshaping the Tech LandscapeApril 13, 2024 | nasdaq.comGuru Fundamental Report for GTLBApril 10, 2024 | finance.yahoo.comSAP, WIX, GTLB: Which “Strong Buy” Tech Stock Is Best?April 9, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Intel (INTC), Gitlab (GTLB) and Advanced Micro Devices (AMD)April 9, 2024 | globenewswire.comGitLab Wins a Google Cloud Technology Partner of the Year Award for DevOpsApril 5, 2024 | benzinga.comGitLab Inc. Showcases Strong FY '24 Performance and Strategic AI Investments in Conference CallApril 4, 2024 | finance.yahoo.comGTLB Apr 2024 52.000 callApril 3, 2024 | finance.yahoo.comGitLab Inc (GTLB) CFO Brian Robins Sells 60,000 SharesApril 3, 2024 | forbes.comBull Signal Flashing For Losing Tech GiantApril 1, 2024 | markets.businessinsider.comCritical Insights From GitLab Analyst Ratings: What You Need To KnowMarch 30, 2024 | finance.yahoo.comGitLab Inc (GTLB) Director Sundeep Bedi Sells 9,000 SharesSee More Headlines Receive GTLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GitLab and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/04/2024Today4/22/2024Next Earnings (Estimated)6/03/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:GTLB CUSIPN/A CIK1653482 Webabout.gitlab.com Phone415-829-2854FaxN/AEmployees2,130Year FoundedN/APrice Target and Rating Average Stock Price Target$70.73 High Stock Price Target$85.00 Low Stock Price Target$55.00 Potential Upside/Downside+34.7%Consensus RatingModerate Buy Rating Score (0-4)2.87 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)($2.75) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-424,170,000.00 Net Margins-73.14% Pretax Margin-27.62% Return on Equity-18.26% Return on Assets-10.65% Debt Debt-to-Equity RatioN/A Current Ratio1.93 Quick Ratio1.93 Sales & Book Value Annual Sales$579.91 million Price / Sales14.36 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book13.40Miscellaneous Outstanding Shares158,600,000Free Float114,129,000Market Cap$8.33 billion OptionableOptionable Beta0.46 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Sytse Sijbrandij (Age 44)Co-Founder, Chairman, President & CEO Comp: $3.6kMr. Brian G. Robbins (Age 54)Chief Financial Officer Comp: $657.21kMs. Robin J. Schulman (Age 51)Chief Legal Officer, Head of Corporate Affairs & Corporate Secretary Comp: $559.22kMs. Erin Mannix (Age 40)Principal Accounting Officer & Chief Accounting Officer Mr. James ShenDirector of Corporate FinanceMs. Sabrina FarmerChief Technology OfficerMs. Natasha WoodsDirector of Corporate CommunicationsMr. Eliran MesikaDirector of Corporate DevelopmentMs. Ashley KramerChief Marketing & Strategy OfficerMs. Wendy Nice BarnesChief People OfficerMore ExecutivesKey CompetitorsAvalaraNYSE:AVLRPaylocityNASDAQ:PCTYGuidewire SoftwareNYSE:GWREmonday.comNASDAQ:MNDYDayforceNYSE:DAYView All CompetitorsInsiders & InstitutionsByrne Asset Management LLCBought 560 shares on 4/22/2024Ownership: 0.000%Tran Capital Management L.P.Bought 88,138 shares on 4/19/2024Ownership: 0.056%Handelsinvest InvesteringsforvaltningSold 1,388 shares on 4/19/2024Ownership: 0.002%SeaCrest Wealth Management LLCBought 6,225 shares on 4/18/2024Ownership: 0.004%Allspring Global Investments Holdings LLCBought 548 shares on 4/18/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GTLB Stock Analysis - Frequently Asked Questions Should I buy or sell GitLab stock right now? 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last year. There are currently 3 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GTLB shares. View GTLB analyst ratings or view top-rated stocks. What is GitLab's stock price target for 2024? 23 analysts have issued 12-month target prices for GitLab's shares. Their GTLB share price targets range from $55.00 to $85.00. On average, they expect the company's stock price to reach $70.73 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View analysts price targets for GTLB or view top-rated stocks among Wall Street analysts. How have GTLB shares performed in 2024? GitLab's stock was trading at $62.96 at the beginning of 2024. Since then, GTLB stock has decreased by 16.6% and is now trading at $52.52. View the best growth stocks for 2024 here. Are investors shorting GitLab? GitLab saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,090,000 shares, an increase of 27.8% from the March 15th total of 3,200,000 shares. Based on an average daily trading volume, of 2,820,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 3.6% of the company's shares are sold short. View GitLab's Short Interest. When is GitLab's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024. View our GTLB earnings forecast. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) issued its earnings results on Monday, March, 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The firm had revenue of $163.80 million for the quarter, compared to the consensus estimate of $157.89 million. GitLab had a negative net margin of 73.14% and a negative trailing twelve-month return on equity of 18.26%. The firm's quarterly revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.26) earnings per share. What ETFs hold GitLab's stock? ETFs with the largest weight of GitLab (NASDAQ:GTLB) stock in their portfolio include Innovator Deepwater Frontier Tech ETF (LOUP), Future Fund Long/Short ETF (FFLS), Spear Alpha ETF (SPRX), Future Fund Active ETF (FFND), Renaissance IPO ETF (IPO), Amplify Global Cloud Technology ETF (IVES), First Trust Cloud Computing ETF (SKYY) and ALPS O'Shares Global Internet Giants ETF (OGIG). What guidance has GitLab issued on next quarter's earnings? GitLab issued an update on its FY 2025 earnings guidance on Monday, March, 4th. The company provided EPS guidance of 0.190-0.230 for the period, compared to the consensus EPS estimate of 0.350. The company issued revenue guidance of $725.0 million-$731.0 million, compared to the consensus revenue estimate of $731.7 million. When did GitLab IPO? GitLab (GTLB) raised $598 million in an initial public offering on Thursday, October 14th 2021. The company issued 10,400,000 shares at a price of $55.00-$60.00 per share. Who are GitLab's major shareholders? GitLab's stock is owned by many different retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Tran Capital Management L.P. (0.06%), Wealth Enhancement Advisory Services LLC (0.04%), Renaissance Capital LLC (0.04%), State of Michigan Retirement System (0.01%) and Arkfeld Wealth Strategies L.L.C. (0.01%). Insiders that own company stock include 2021 Gp LLC Gv, August Capital Management Vii,, Brian G Robins, Crossover Managemen Technology, Dale R Brown, Divesh Makan, Erin Mannix, Howard Hartenbaum, Iconiq Strategic Partners Iii,, Iconiq Strategic Partners Iv,, Iconiq Strategic Partners Vi,, Mark Porter, Matthew Jacobson, Michael Eugene Mcbride, Robin Schulman, Sundeep Bedi, Susan L Bostrom and Sytse Sijbrandij. View institutional ownership trends. How do I buy shares of GitLab? Shares of GTLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GTLB) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders Agency[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. 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