GTLB Stock Overview
Through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
GitLab Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.45 |
| 52 Week High | US$78.53 |
| 52 Week Low | US$40.72 |
| Beta | 0.54 |
| 1 Month Change | -9.26% |
| 3 Month Change | 17.04% |
| 1 Year Change | -6.24% |
| 3 Year Change | -34.54% |
| 5 Year Change | n/a |
| Change since IPO | -41.81% |
Recent News & Updates
GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'
Dec 06After Leaping 26% GitLab Inc. (NASDAQ:GTLB) Shares Are Not Flying Under The Radar
Nov 23
Recent updates
GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'
Dec 06After Leaping 26% GitLab Inc. (NASDAQ:GTLB) Shares Are Not Flying Under The Radar
Nov 23GitLab: Gaining Market Share In The Enterprise Segment, With AI As A Tailwind
Oct 07Market Participants Recognise GitLab Inc.'s (NASDAQ:GTLB) Revenues Pushing Shares 30% Higher
Sep 07GitLab: Fantastic Performance Over The Last 2 Quarters
Sep 04Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Aug 26GitLab: Over 60% Undervalued After Market Overreaction
Aug 15GitLab: Don't Chase A Buyout Rumor
Jul 17What You Can Learn From GitLab Inc.'s (NASDAQ:GTLB) P/S After Its 27% Share Price Crash
Jun 20Understanding The Bull Case For Investing In GitLab
Jun 11GitLab: Pounce On Further Weakness
Jun 04Calculating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
May 28GitLab: Four Reasons To Buy
May 09GitLab: Not Cheap But Worth A Premium Valuation
Apr 01GitLab Presents A Great Buying Opportunity Post Earnings Sell-Off (Rating Upgrade)
Mar 17GitLab: FY 2024 Was Strong, But Guidance Was Lower Than Expected
Mar 06Investors Appear Satisfied With GitLab Inc.'s (NASDAQ:GTLB) Prospects As Shares Rocket 25%
Feb 10GitLab: Staying On The Sidelines As Growth Is Fully Priced In
Jan 22Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Jan 06Shareholder Returns
| GTLB | US Software | US Market | |
|---|---|---|---|
| 7D | 2.2% | -3.7% | -2.2% |
| 1Y | -6.2% | 21.9% | 23.9% |
Return vs Industry: GTLB underperformed the US Software industry which returned 21.9% over the past year.
Return vs Market: GTLB underperformed the US Market which returned 23.9% over the past year.
Price Volatility
| GTLB volatility | |
|---|---|
| GTLB Average Weekly Movement | 6.1% |
| Software Industry Average Movement | 7.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GTLB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GTLB's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 2,130 | Bill Staples | about.gitlab.com |
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.
GitLab Inc. Fundamentals Summary
| GTLB fundamental statistics | |
|---|---|
| Market cap | US$9.81b |
| Earnings (TTM) | -US$48.60m |
| Revenue (TTM) | US$711.60m |
13.8x
P/S Ratio-201.9x
P/E RatioIs GTLB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTLB income statement (TTM) | |
|---|---|
| Revenue | US$711.60m |
| Cost of Revenue | US$78.26m |
| Gross Profit | US$633.34m |
| Other Expenses | US$681.93m |
| Earnings | -US$48.60m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.30 |
| Gross Margin | 89.00% |
| Net Profit Margin | -6.83% |
| Debt/Equity Ratio | 0% |
How did GTLB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GitLab Inc. is covered by 35 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Ryan MacWilliams | Barclays |
| Koji Ikeda | BofA Global Research |