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GTLB

GitLab NasdaqGS:GTLB Stock Report

Last Price

US$50.23

Market Cap

US$7.5b

7D

1.7%

1Y

-32.5%

Updated

07 Feb, 2023

Data

Company Financials +

GTLB Stock Overview

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.

GTLB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

New

Notes are coming soon

GitLab Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GitLab
Historical stock prices
Current Share PriceUS$50.23
52 Week HighUS$80.84
52 Week LowUS$30.74
Beta0
1 Month Change29.69%
3 Month Change46.79%
1 Year Change-32.49%
3 Year Changen/a
5 Year Changen/a
Change since IPO-51.65%

Recent News & Updates

Recent updates

GitLab Q2 Earnings: Staggering Results Justify The Price Tag

Sep 08

GitLab receives Neutral rating from JPMorgan on stretched valuations

Sep 01

GitLab: Verticalizing The DevOps Stack

Jul 19

Analysts Are Updating Their GitLab Inc. (NASDAQ:GTLB) Estimates After Its First-Quarter Results

Jun 10
Analysts Are Updating Their GitLab Inc. (NASDAQ:GTLB) Estimates After Its First-Quarter Results

GitLab: Too Much Competition, Little Differentiation, And Elevated Valuation; Sell For A Better Entry Point

May 31

GitLab: Taking On Microsoft's GitHub And Holding Its Own

Apr 28

GitLab: An Underrated Emerging DevOps Leader To Watch

Apr 08

GitLab: Category Leader In The DevOps Space Finally At An Investible Valuation

Feb 05

GitLab: Interesting Company, But $10B Market Cap Is Just Too Much

Jan 18

GitLab: Key Metrics To Fulfill

Jan 07

Shareholder Returns

GTLBUS SoftwareUS Market
7D1.7%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

Is GTLB's price volatile compared to industry and market?
GTLB volatility
GTLB Average Weekly Movement13.4%
Software Industry Average Movement9.3%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
20111,630Sid Sijbrandijhttps://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

How do GitLab's earnings and revenue compare to its market cap?
GTLB fundamental statistics
Market CapUS$7.52b
Earnings (TTM)-US$179.36m
Revenue (TTM)US$379.23m

19.8x

P/S Ratio

-41.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GTLB income statement (TTM)
RevenueUS$379.23m
Cost of RevenueUS$46.62m
Gross ProfitUS$332.61m
Other ExpensesUS$511.97m
Earnings-US$179.36m

Last Reported Earnings

Oct 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.20
Gross Margin87.71%
Net Profit Margin-47.30%
Debt/Equity Ratio0%

How did GTLB perform over the long term?

See historical performance and comparison