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GitLab NasdaqGS:GTLB Stock Report

Last Price

US$44.51

Market Cap

US$7.2b

7D

2.1%

1Y

-13.1%

Updated

14 Jun, 2024

Data

Company Financials +

GTLB Stock Overview

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 Health6/6
Dividends0/6

GitLab Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GitLab
Historical stock prices
Current Share PriceUS$44.51
52 Week HighUS$78.53
52 Week LowUS$40.19
Beta0.44
1 Month Change-22.05%
3 Month Change-16.68%
1 Year Change-13.13%
3 Year Changen/a
5 Year Changen/a
Change since IPO-57.16%

Recent News & Updates

Understanding The Bull Case For Investing In GitLab

Jun 11

GitLab: Pounce On Further Weakness

Jun 04

Recent updates

Understanding The Bull Case For Investing In GitLab

Jun 11

GitLab: Pounce On Further Weakness

Jun 04

Calculating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

May 28
Calculating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

GitLab: Four Reasons To Buy

May 09

GitLab: Not Cheap But Worth A Premium Valuation

Apr 01

GitLab Presents A Great Buying Opportunity Post Earnings Sell-Off (Rating Upgrade)

Mar 17

GitLab: FY 2024 Was Strong, But Guidance Was Lower Than Expected

Mar 06

Investors Appear Satisfied With GitLab Inc.'s (NASDAQ:GTLB) Prospects As Shares Rocket 25%

Feb 10
Investors Appear Satisfied With GitLab Inc.'s (NASDAQ:GTLB) Prospects As Shares Rocket 25%

GitLab: Staying On The Sidelines As Growth Is Fully Priced In

Jan 22

Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

Jan 06
Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

We're Not Worried About GitLab's (NASDAQ:GTLB) Cash Burn

Nov 07
We're Not Worried About GitLab's (NASDAQ:GTLB) Cash Burn

A Look At The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

Jul 24
A Look At The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

Companies Like GitLab (NASDAQ:GTLB) Can Afford To Invest In Growth

Jul 03
Companies Like GitLab (NASDAQ:GTLB) Can Afford To Invest In Growth

GitLab Inc.'s (NASDAQ:GTLB) Price In Tune With Revenues

Apr 17
GitLab Inc.'s (NASDAQ:GTLB) Price In Tune With Revenues

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

Shareholder Returns

GTLBUS SoftwareUS Market
7D2.1%4.0%1.2%
1Y-13.1%23.1%20.6%

Return vs Industry: GTLB underperformed the US Software industry which returned 20.7% over the past year.

Return vs Market: GTLB underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is GTLB's price volatile compared to industry and market?
GTLB volatility
GTLB Average Weekly Movement6.1%
Software Industry Average Movement6.8%
Market Average Movement5.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: GTLB's share price has been volatile over the past 3 months.

Volatility Over Time: GTLB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20112,130Sid Sijbrandijabout.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

How do GitLab's earnings and revenue compare to its market cap?
GTLB fundamental statistics
Market capUS$7.19b
Earnings (TTM)-US$426.35m
Revenue (TTM)US$622.22m

11.4x

P/S Ratio

-16.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTLB income statement (TTM)
RevenueUS$622.22m
Cost of RevenueUS$64.50m
Gross ProfitUS$557.72m
Other ExpensesUS$984.07m
Earnings-US$426.35m

Last Reported Earnings

Apr 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.68
Gross Margin89.63%
Net Profit Margin-68.52%
Debt/Equity Ratio0%

How did GTLB perform over the long term?

See historical performance and comparison
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