Top-Rated StocksTop-RatedNASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis $53.09 -2.76 (-4.94%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$52.86▼$56.0350-Day Range$40.84▼$55.8552-Week Range$40.19▼$78.53Volume2.32 million shsAverage Volume2.58 million shsMarket Capitalization$8.44 billionP/E RatioN/ADividend YieldN/APrice Target$65.87 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get GitLab alerts: Email Address GitLab MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside24.1% Upside$65.87 Price TargetShort InterestHealthy3.64% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 74 Articles This WeekInsider TradingSelling Shares$6.85 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.50) to ($0.55) 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.2.86 out of 5 starsComputer And Technology Sector317th out of 594 stocksPrepackaged Software Industry105th out of 202 stocks 3.4 Analyst's Opinion Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 20 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGitLab has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GitLab's stock forecast and price target. 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently increased by 2.66%, indicating that investor sentiment is decreasing. 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 3.0 News and Social Media Coverage News SentimentGitLab has a news sentiment score of 0.43. 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 74 news articles for GitLab this week, compared to 10 articles on an average week.Search Interest49 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 104% compared to the previous 30 days.MarketBeat Follows19 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 19% 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 $6,848,847.00 in company stock.Percentage Held by Insiders21.36% 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.Read more about GitLab's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for GitLab are expected to decrease in the coming year, from ($0.50) to ($0.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -19.31, 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 -19.31, 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 13.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about GitLab's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressEx-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…Click here now and learn how to prepare. 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 HeadlinesSeptember 5 at 7:38 AM | marketbeat.comGet Ahead of GitLab’s Rebound: AI-Driven Growth in FocusGitLab had a solid quarter and raised guidance, leading analysts to raise their targets and lead the stock higher. A reversal is in play for this market.August 16, 2024 | marketbeat.com3 Beaten-Down Tech Stocks That Shouldn’t Be Overlooked (GTLB)Many top tech stocks have fallen sharply, with some now trading at or near their 52-week lows, but these three stocks may be a case of mistaken identitySeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...September 7 at 8:01 AM | americanbankingnews.comRobert W. Baird Boosts GitLab (NASDAQ:GTLB) Price Target to $62.00September 6 at 9:00 PM | globenewswire.comGITLAB ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against GitLab Inc. and Encourages Investors to Contact the FirmSeptember 6 at 3:22 PM | globenewswire.comGITLAB INC. (NASDAQ: GTLB) INVESTOR ALERT: Investors With Large Losses in GitLab Inc. Should Contact Bernstein Liebhard LLP To Discuss Their RightsSeptember 6 at 2:14 PM | fool.comWhy Gitlab Stock Rallied This WeekSeptember 6 at 1:16 PM | seekingalpha.comGitLab: Fantastic Results, But Don't ChaseSeptember 7, 2024 | Behind the Markets (Ad)NASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...September 6 at 9:30 AM | prnewswire.comGTLB Investors Have Opportunity to Lead GitLab Inc. Securities Fraud Lawsuit with the Schall Law FirmSeptember 6 at 6:29 AM | americanbankingnews.comGitLab (NASDAQ:GTLB) Price Target Raised to $55.00September 6 at 5:45 AM | prnewswire.comGTLB LAWSUIT ALERT: Levi & Korsinsky Notifies GitLab Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineSeptember 6 at 5:33 AM | americanbankingnews.comGitLab (NASDAQ:GTLB) PT Raised to $60.00 at Royal Bank of CanadaSeptember 6 at 5:33 AM | americanbankingnews.comGitLab (NASDAQ:GTLB) PT Raised to $65.00September 6 at 4:15 AM | americanbankingnews.comGitLab (NASDAQ:GTLB) PT Raised to $62.00September 6 at 4:15 AM | americanbankingnews.comNeedham & Company LLC Reiterates "Hold" Rating for GitLab (NASDAQ:GTLB)September 6 at 1:38 AM | americanbankingnews.comTraders Buy Large Volume of Call Options on GitLab (NASDAQ:GTLB)September 5 at 6:34 PM | globenewswire.comInvestor Notice: Robbins LLP Informs Stockholders of the Class Action Lawsuit Filed Against GitlLab Inc.See 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 Earnings9/03/2024Today9/07/2024Next Earnings (Estimated)12/02/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:GTLB CUSIPN/A CIK1653482 Webabout.gitlab.com Phone415-829-2854FaxN/AEmployees2,130Year FoundedN/APrice Target and Rating Average Stock Price Target$65.87 High Stock Price Target$80.00 Low Stock Price Target$50.00 Potential Upside/Downside+24.1%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage25 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-68.52% Pretax Margin-24.38% Return on Equity-19.14% Return on Assets-10.06% Debt Debt-to-Equity RatioN/A Current Ratio1.87 Quick Ratio1.87 Sales & Book Value Annual Sales$665.22 million Price / Sales12.68 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book13.54Miscellaneous Outstanding Shares158,900,000Free Float124,959,000Market Cap$8.44 billion OptionableOptionable Beta0.44 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Sytse Sijbrandij (Age 44)Co-Founder, Chairman, President & CEO Comp: $3.6kMr. Brian G. Robins (Age 54)Chief Financial Officer Comp: $784.02kMs. Robin J. Schulman (Age 51)Chief Legal Officer, Head of Corporate Affairs & Corporate Secretary Comp: $651.25kMr. Christopher Weber (Age 59)Chief Revenue Officer Comp: $557.81kMs. Erin Mannix (Age 40)Principal Accounting Officer & Chief Accounting Officer Mr. James ShenDirector of Corporate FinanceMs. Sabrina Farmer (Age 52)Chief Technology Officer Ms. Christina WeaverDirector of Corporate CommunicationsMr. Eliran MesikaVice President of Corporate DevelopmentMs. Ashley KramerChief Marketing & Strategy OfficerMore ExecutivesKey CompetitorsAvalaraNYSE:AVLRAmdocsNASDAQ:DOXElasticNYSE:ESTCCoupa SoftwareNASDAQ:COUPUpstartNASDAQ:UPSTView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 4,003 shares on 9/5/2024Ownership: 0.003%Sycomore Asset ManagementBought 95,874 shares on 8/28/2024Ownership: 0.105%Clearbridge Investments LLCBought 23,899 shares on 8/27/2024Ownership: 0.330%Algert Global LLCBought 104,495 shares on 8/16/2024Ownership: 0.090%Quarry LPBought 1,502 shares on 8/16/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions GTLB Stock Analysis - Frequently Asked Questions How have GTLB shares performed this year? GitLab's stock was trading at $62.96 at the start of the year. Since then, GTLB stock has decreased by 15.7% and is now trading at $53.09. View the best growth stocks for 2024 here. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) released its earnings results on Tuesday, September, 3rd. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.05. The company's quarterly revenue was up 30.8% on a year-over-year basis. 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? Top institutional shareholders of GitLab include Fiera Capital Corp (0.78%), Renaissance Technologies LLC (0.75%), Primecap Management Co. CA (0.52%) and DNB Asset Management AS (0.48%). Insiders that own company stock include 2021 Gp LLC Gv, Iconiq Strategic Partners Iii,, Michael Eugene Mcbride, Iconiq Strategic Partners Iv,, Matthew Jacobson, Brian G Robins, Susan L Bostrom, Karen Blasing, Howard Hartenbaum, August Capital Management Vii,, Robin Schulman, Erin Mannix, Dale R Brown, Merline Saintil, Mark Porter, Sundeep Bedi, Divesh Makan, Iconiq Strategic Partners Vi,, Crossover Managemen Technology 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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