GTLB Stock Overview
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
NewNotes are coming soon
GitLab Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$50.23 |
| 52 Week High | US$80.84 |
| 52 Week Low | US$30.74 |
| Beta | 0 |
| 1 Month Change | 29.69% |
| 3 Month Change | 46.79% |
| 1 Year Change | -32.49% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -51.65% |
Recent News & Updates
Recent updates
GitLab Q2 Earnings: Staggering Results Justify The Price Tag
Sep 08GitLab receives Neutral rating from JPMorgan on stretched valuations
Sep 01GitLab: Verticalizing The DevOps Stack
Jul 19Analysts Are Updating Their GitLab Inc. (NASDAQ:GTLB) Estimates After Its First-Quarter Results
Jun 10
GitLab: Too Much Competition, Little Differentiation, And Elevated Valuation; Sell For A Better Entry Point
May 31GitLab: Taking On Microsoft's GitHub And Holding Its Own
Apr 28GitLab: An Underrated Emerging DevOps Leader To Watch
Apr 08GitLab: Category Leader In The DevOps Space Finally At An Investible Valuation
Feb 05GitLab: Interesting Company, But $10B Market Cap Is Just Too Much
Jan 18GitLab: Key Metrics To Fulfill
Jan 07Shareholder Returns
| GTLB | US Software | US Market | |
|---|---|---|---|
| 7D | 1.7% | 2.6% | 0.9% |
| 1Y | -32.5% | -21.1% | -10.9% |
Return vs Industry: GTLB underperformed the US Software industry which returned -20% over the past year.
Return vs Market: GTLB underperformed the US Market which returned -9.6% over the past year.
Price Volatility
| GTLB volatility | |
|---|---|
| GTLB Average Weekly Movement | 13.4% |
| Software Industry Average Movement | 9.3% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: GTLB is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: GTLB's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,630 | Sid Sijbrandij | https://about.gitlab.com |
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company 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. It helps organizations to plan, build, secure, and deploy software to drive business outcomes.
GitLab Inc. Fundamentals Summary
| GTLB fundamental statistics | |
|---|---|
| Market Cap | US$7.52b |
| Earnings (TTM) | -US$179.36m |
| Revenue (TTM) | US$379.23m |
19.8x
P/S Ratio-41.9x
P/E RatioIs GTLB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTLB income statement (TTM) | |
|---|---|
| Revenue | US$379.23m |
| Cost of Revenue | US$46.62m |
| Gross Profit | US$332.61m |
| Other Expenses | US$511.97m |
| Earnings | -US$179.36m |
Last Reported Earnings
Oct 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.20 |
| Gross Margin | 87.71% |
| Net Profit Margin | -47.30% |
| Debt/Equity Ratio | 0% |
How did GTLB perform over the long term?
See historical performance and comparison