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 | 6/6 |
| Dividends | 0/6 |
GitLab Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$53.51 |
| 52 Week High | US$78.53 |
| 52 Week Low | US$26.24 |
| Beta | 0.45 |
| 1 Month Change | -3.13% |
| 3 Month Change | -17.80% |
| 1 Year Change | 62.25% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -48.49% |
Recent News & Updates
Recent updates
GitLab: 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 10
GitLab: Staying On The Sidelines As Growth Is Fully Priced In
Jan 22Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Jan 06We're Not Worried About GitLab's (NASDAQ:GTLB) Cash Burn
Nov 07A Look At The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Jul 24Companies Like GitLab (NASDAQ:GTLB) Can Afford To Invest In Growth
Jul 03GitLab Inc.'s (NASDAQ:GTLB) Price In Tune With Revenues
Apr 17GitLab 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 10GitLab: 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 08Shareholder Returns
| GTLB | US Software | US Market | |
|---|---|---|---|
| 7D | -7.7% | -4.5% | -3.7% |
| 1Y | 62.2% | 39.4% | 20.5% |
Return vs Industry: GTLB exceeded the US Software industry which returned 39.2% over the past year.
Return vs Market: GTLB exceeded the US Market which returned 20.2% over the past year.
Price Volatility
| GTLB volatility | |
|---|---|
| GTLB Average Weekly Movement | 8.5% |
| Software Industry Average Movement | 8.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GTLB's share price has been volatile over the past 3 months.
Volatility Over Time: GTLB's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 2,130 | Sid Sijbrandij | 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$8.54b |
| Earnings (TTM) | -US$424.17m |
| Revenue (TTM) | US$579.91m |
14.6x
P/S Ratio-20.0x
P/E RatioIs GTLB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTLB income statement (TTM) | |
|---|---|
| Revenue | US$579.91m |
| Cost of Revenue | US$59.25m |
| Gross Profit | US$520.66m |
| Other Expenses | US$944.84m |
| Earnings | -US$424.17m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.67 |
| Gross Margin | 89.78% |
| Net Profit Margin | -73.15% |
| Debt/Equity Ratio | 0% |
How did GTLB perform over the long term?
See historical performance and comparison