Top-Rated StocksTop-RatedNASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis → Could Bitcoin Literally FORCE This Crypto To Rocket Up? (From Paradigm Press) (Ad) Free GTLB Stock Alerts $53.51 -0.35 (-0.65%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$53.35▼$54.9750-Day Range$53.42▼$77.6052-Week Range$26.24▼$78.53Volume1.08 million shsAverage Volume1.85 million shsMarket Capitalization$8.49 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/Downside32.2% Upside$70.73 Price TargetShort InterestHealthy3.64% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 14 Articles This WeekInsider TradingSelling Shares$33.34 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.3.74 out of 5 starsComputer And Technology Sector196th out of 587 stocksPrepackaged Software Industry52nd out of 192 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 0.62. 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 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for GitLab this week, compared to 8 articles on an average week.Search InterestOnly 31 people have searched for GTLB on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 20 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% 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 $33,342,857.00 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 -19.46, 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 -19.46, 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 13.65. 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 Paradigm PressCould Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…>>Click here to find out what it is. 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 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 StockApril 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 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 StockMarch 20, 2024 | marketbeat.com5 Undervalued AI Stocks and Why to Buy ThemValue is where you find it, and there is value among AI stocks. This is a look at five AI stocks with value for investors in one form or another.March 20, 2024 | marketbeat.com5 Undervalued AI Stocks and Why to Buy Them (GTLB)This is a look at five undervalued AI stocks that could rise by double-digits soon and triple-digits over the next two years.March 20, 2024 | insidertrades.comSytse Sijbrandij Sells 75,000 Shares of GitLab Inc. (NASDAQ:GTLB) StockApril 18, 2024 | Crypto 101 Media (Ad)[Urgent!] Generational Wealth GameplanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 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 10, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Receives New Coverage from Analysts at Wells Fargo & CompanyApril 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 SharesMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GitLab Inc. - GTLBMarch 27, 2024 | finance.yahoo.comQ4 Earnings Highs And Lows: GitLab (NASDAQ:GTLB) Vs The Rest Of The Software Development StocksSee 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 Earnings3/04/2024Today4/17/2024Next 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+32.2%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 / Sales14.63 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book13.65Miscellaneous Outstanding Shares158,600,000Free Float114,129,000Market Cap$8.49 billion OptionableOptionable Beta0.45 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 & InstitutionsWealth Enhancement Advisory Services LLCBought 75,981 shares on 4/16/2024Ownership: 0.040%Arkfeld Wealth Strategies L.L.C.Bought 12,452 shares on 4/15/2024Ownership: 0.008%Counterpoint Mutual Funds LLCBought 4,305 shares on 4/15/2024Ownership: 0.003%Future Financial Wealth Managment LLCBought 1,000 shares on 4/15/2024Ownership: 0.001%Sytse SijbrandijSold 56,000 sharesTotal: $3.08 M ($54.92/share)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 equities research analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last twelve months. There are currently 3 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities 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 price objectives for GitLab's stock. 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 32.2% 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 the year. Since then, GTLB stock has decreased by 15.0% and is now trading at $53.51. View the best growth stocks for 2024 here. Are investors shorting GitLab? GitLab saw a increase in short interest in 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 volume of 2,820,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.6% of the company's stock 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) announced its quarterly earnings results on Monday, March, 4th. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.07. The firm earned $163.80 million during the quarter, compared to analyst estimates of $157.89 million. GitLab had a negative trailing twelve-month return on equity of 18.26% and a negative net margin of 73.14%. GitLab's revenue was up 33.3% compared to the same quarter last year. During the same period last year, the business posted ($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), Harbor Corporate Culture Leaders ETF (HAPY), Renaissance IPO ETF (IPO), Amplify Global Cloud Technology ETF (IVES), Fidelity Cloud Computing ETF (FCLD) and ALPS O'Shares Global Internet Giants ETF (OGIG). What guidance has GitLab issued on next quarter's earnings? GitLab updated its FY 2025 earnings guidance on Monday, March, 4th. The company provided earnings per share guidance of 0.190-0.230 for the period, compared to the consensus earnings per share 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 IPO 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 a number of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%), Wealth Enhancement Advisory Services LLC (0.04%), Renaissance Capital LLC (0.04%), Arkfeld Wealth Strategies L.L.C. (0.01%), Counterpoint Mutual Funds LLC (0.00%) and Park Avenue Securities LLC (0.00%). 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. 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