NASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis → Warning: this could blow your mind (From DTI) (Ad) Free GTLB Stock Alerts $58.91 +0.16 (+0.27%) (As of 11:40 AM ET) Add Compare Share Share Today's Range$58.23▼$59.2550-Day Range$53.42▼$77.6052-Week Range$26.24▼$78.53Volume551,877 shsAverage Volume2.85 million shsMarket Capitalization$9.17 billionP/E RatioN/ADividend YieldN/APrice Target$69.19 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 Buy2.78 Rating ScoreUpside/Downside17.3% Upside$69.19 Price TargetShort InterestHealthy3.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.49Based on 21 Articles This WeekInsider TradingSelling Shares$50.96 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.3.83 out of 5 starsComputer And Technology Sector183rd out of 587 stocksPrepackaged Software Industry57th out of 198 stocks 3.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.19, GitLab has a forecasted upside of 17.3% from its current price of $58.98.Amount of Analyst CoverageGitLab has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.22% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently decreased by 13.04%, indicating that investor sentiment is improving 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 3.1 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.49. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 21 news articles for GitLab this week, compared to 8 articles on an average week.Search Interest95 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 252% compared to the previous 30 days.MarketBeat Follows40 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 264% 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 $50,958,577.00 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 -21.45, 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 -21.45, 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 10.80. 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 DTIBuy Friday, Sell Monday, No Exceptions Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.And for the first time in 2024, he’s sharing his strategy for free. 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 HeadlinesMarch 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 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.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) StockMarch 5, 2024 | marketbeat.comGitlab Goes on Sale: The AI Bubble Burst for This StockGitlab's NASDAQ: GTLB Q4 results and guidance failed to satisfy the market expectations, sending the stock down 20%. The takeaway is that an AI-fueled bubble burst for this market, but the story is not over.March 5, 2024 | marketbeat.comGitlab Goes on Sale: The AI Bubble Burst for This StockGitlab had a solid quarter but issued weaker-than-expected guidance, sending shares down 15%. The new low and guidance-reset position the stock to rebound.March 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GitLab Inc. - GTLBMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 27, 2024 | finance.yahoo.comQ4 Earnings Highs And Lows: GitLab (NASDAQ:GTLB) Vs The Rest Of The Software Development StocksMarch 26, 2024 | americanbankingnews.comGitLab Inc. (NASDAQ:GTLB) Insider Sells $142,468.75 in StockMarch 26, 2024 | finance.yahoo.comGitLab Inc (GTLB) Chief Legal Officer & Corp Sec Robin Schulman Sells Company SharesMarch 25, 2024 | markets.businessinsider.comBuy Rating for GitLab: Stabilizing Macroeconomics and New Product Catalysts Drive Growth PotentialMarch 24, 2024 | markets.businessinsider.comBuy Rating Affirmed: GitLab’s Strategic Acquisition of Oxeye to Enhance DevSecOps Positioning and Drive Revenue GrowthMarch 23, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Now Covered by Analysts at Capital One FinancialMarch 22, 2024 | markets.businessinsider.comStrong Buy for GitLab: Strategic Oxeye Acquisition Enhances SAST Solutions and Fuels Premium Tier GrowthMarch 22, 2024 | globenewswire.comGitLab to Hold Fireside Chat with Truist SecuritiesMarch 22, 2024 | seekingalpha.comGitLab, An Excellent But Overpriced CompanyMarch 21, 2024 | benzinga.comGitLab's Options: A Look at What the Big Money is ThinkingMarch 21, 2024 | americanbankingnews.comGitLab (NASDAQ:GTLB) Coverage Initiated by Analysts at KeyCorpMarch 20, 2024 | finance.yahoo.comGTLB Apr 2024 83.000 callMarch 20, 2024 | globenewswire.comGitLab Acquires Oxeye to Advance Application Security & Governance CapabilitiesMarch 20, 2024 | investorplace.com3 Underappreciated Tech Stocks That Deserve Some Investor LoveMarch 20, 2024 | americanbankingnews.comGitLab Inc. (NASDAQ:GTLB) CEO Sytse Sijbrandij Sells 230,000 SharesMarch 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GitLab Inc. - GTLBMarch 19, 2024 | benzinga.comGitLab Is A Gen AI Beneficiary With Growth Upside, Says Bullish Analyst: Here's WhyMarch 19, 2024 | markets.businessinsider.comGitLab Is A Beneficiary Of Gen AI And Has Growth Upside, Says Bullish AnalystSee 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 Earnings3/04/2024Today3/28/2024Next 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/AEmployees2,170Year FoundedN/APrice Target and Rating Average Stock Price Target$69.19 High Stock Price Target$85.00 Low Stock Price Target$37.00 Potential Upside/Downside+17.8%Consensus RatingModerate Buy Rating Score (0-4)2.78 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-30.95% Return on Equity-17.47% Return on Assets-10.93% Debt Debt-to-Equity RatioN/A Current Ratio2.02 Quick Ratio2.02 Sales & Book Value Annual Sales$579.91 million Price / Sales15.77 Cash FlowN/A Price / Cash FlowN/A Book Value$5.46 per share Price / Book10.76Miscellaneous Outstanding Shares155,700,000Free Float112,042,000Market Cap$9.15 billion OptionableOptionable Beta0.52 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsAppFolioNASDAQ:APPFGuidewire SoftwareNYSE:GWREPaylocityNASDAQ:PCTYDropboxNASDAQ:DBXAvalaraNYSE:AVLRView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 14,371 shares on 3/25/2024Ownership: 0.009%Erin MannixSold 958 sharesTotal: $57,029.74 ($59.53/share)Robin SchulmanSold 2,425 sharesTotal: $142,468.75 ($58.75/share)Sytse SijbrandijSold 75,000 sharesTotal: $4.14 M ($55.19/share)Sytse SijbrandijSold 230,000 sharesTotal: $12.33 M ($53.59/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 research analysts have issued "buy," "hold," and "sell" ratings for GitLab in the last year. There are currently 5 hold ratings and 18 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 Wall Street research analysts have issued 1 year target prices for GitLab's stock. Their GTLB share price targets range from $37.00 to $85.00. On average, they predict the company's stock price to reach $69.19 in the next twelve months. This suggests a possible upside of 17.3% 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 shares have decreased by 6.3% and is now trading at $58.98. View the best growth stocks for 2024 here. Are investors shorting GitLab? GitLab saw a drop in short interest in March. As of March 15th, there was short interest totaling 3,200,000 shares, a drop of 13.0% from the February 29th total of 3,680,000 shares. Based on an average trading volume of 2,750,000 shares, the short-interest ratio is presently 1.2 days. Currently, 3.2% 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) posted its quarterly earnings results on Monday, March, 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.07. The business had revenue of $163.80 million for the quarter, compared to analysts' expectations of $157.89 million. GitLab had a negative net margin of 73.14% and a negative trailing twelve-month return on equity of 17.47%. The firm's revenue was up 33.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.26) EPS. What ETFs hold GitLab's stock? ETFs with the largest weight of GitLab (NASDAQ:GTLB) stock in their portfolio include Spear Alpha ETF (SPRX), Harbor Corporate Culture Leaders ETF (HAPY), Amplify Global Cloud Technology ETF (IVES), Fidelity Cloud Computing ETF (FCLD), WisdomTree Cloud Computing Fund (WCLD), ALPS O'Shares Global Internet Giants ETF (OGIG), First Trust US Equity Opportunities ETF (FPX) and Gen Z ETF (ZGEN). 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 (EPS) guidance of 0.190-0.230 for the period, compared to the consensus 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 (IPO) on Thursday, October 14th 2021. The company issued 10,400,000 shares at $55.00-$60.00 per share. Who are GitLab's major shareholders? GitLab's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.03%), Vanguard Group Inc. (6.03%), HMI Capital Management L.P. (2.83%), Capital Research Global Investors (2.53%), Norges Bank (2.27%) and Franklin Resources Inc. (1.51%). 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, 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTop Project Outperforms BTC in 2023…Crypto 101 MediaThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss RatingsBill Ackman’s 2024 warningPorter & CompanyAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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