NASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis $52.05 -0.30 (-0.57%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About GitLab Stock (NASDAQ:GTLB) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$51.48▼$52.5050-Day Range$40.84▼$56.2052-Week Range$40.19▼$78.53Volume2.04 million shsAverage Volume2.54 million shsMarket Capitalization$8.27 billionP/E RatioN/ADividend YieldN/APrice Target$66.05Consensus RatingModerate Buy Company OverviewGitLab 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… The election trade you can't lose (Ad)Politics is an unpredictable game. But no matter what happens in the next few months... There's one thing that can't be stopped by anything: Dividends.Download my Dividend Calendar here GitLab Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 80th PercentileGitLab scored higher than 80% of companies evaluated by MarketBeat, and ranked 211th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 19 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. Earnings and Valuation0.0 / 5Proj. Earnings GrowthDecreasing Earnings GrowthEarnings for GitLab are expected to decrease in the coming year, from ($0.41) to ($0.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -18.93, 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 -18.93, 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 12.02. 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.46% 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 decreased by 2.35%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGitLab does not currently pay a dividend.Dividend GrowthGitLab does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.46% 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 decreased by 2.35%, indicating that investor sentiment is improving. News and Social Media2.3 / 5News Sentiment0.22 News SentimentGitLab has a news sentiment score of 0.22. 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 lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 37 news articles for GitLab this week, compared to 10 articles on an average week.Search Interest39 people have searched for GTLB on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.MarketBeat FollowsOnly 19 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingSelling Shares 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 $6,683,620.00 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. GTLB Stock News HeadlinesBrian G. Robins Sells 16,668 Shares of GitLab Inc. (NASDAQ:GTLB) StockSeptember 13, 2024 | insidertrades.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.September 5, 2024 | marketbeat.comThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... There's one thing that can't be stopped by anything: Dividends.September 21, 2024 | Investors Alley (Ad)GitLab Inc. Class Action – Robbins LLP Reminds GTLB Investors with Large Losses to Seek Legal Counsel in Connection with the GTLB Securities Class Action LawsuitSeptember 20 at 9:33 PM | businesswire.comROSEN, TOP RANKED GLOBAL COUNSEL, Encourages GitLab Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GTLBSeptember 20 at 6:55 PM | markets.businessinsider.comROSEN, A HIGHLY REOCGNIZED LAW FIRM, Encourages GitLab Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GTLBSeptember 20 at 1:43 PM | globenewswire.comDeadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against GitLab Inc. (GTLB)September 20 at 1:29 PM | businesswire.comInvestors in GitLab Inc. Should Contact Levi & Korsinsky Before November 4, 2024 to Discuss Your Rights - GTLBSeptember 20 at 5:57 AM | prnewswire.comSee More Headlines GTLB Stock Analysis - Frequently Asked Questions How have GTLB shares performed this year? GitLab's stock was trading at $62.96 on January 1st, 2024. Since then, GTLB stock has decreased by 17.3% and is now trading at $52.05. View the best growth stocks for 2024 here. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) released its quarterly earnings results on Tuesday, September, 3rd. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. GitLab's revenue was up 30.8% on a year-over-year basis. 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 $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. Company Calendar Last Earnings9/03/2024Today9/20/2024Next 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$66.05 High Stock Price Target$80.00 Low Stock Price Target$50.00 Potential Upside/Downside+26.9%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage24 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-54.62% Pretax Margin-19.92% Return on Equity-15.40% Return on Assets-7.39% Debt Debt-to-Equity RatioN/A Current Ratio1.97 Quick Ratio1.97 Sales & Book Value Annual Sales$665.22 million Price / Sales12.43 Cash FlowN/A Price / Cash FlowN/A Book Value$4.33 per share Price / Book12.02Miscellaneous Outstanding Shares158,900,000Free Float124,959,000Market Cap$8.27 billion OptionableOptionable Beta0.44 This page (NASDAQ:GTLB) was last updated on 9/21/2024 by MarketBeat.com Staff From Our PartnersHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. 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