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GitLab NasdaqGS:GTLB Stock Report

Last Price

US$47.89

Market Cap

US$7.3b

7D

3.8%

1Y

1.1%

Updated

29 Aug, 2024

Data

Company Financials +

GitLab Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GitLab
Historical stock prices
Current Share PriceUS$47.89
52 Week HighUS$78.53
52 Week LowUS$40.19
Beta0.46
11 Month Change-4.47%
3 Month Change1.48%
1 Year Change1.10%
33 Year Changen/a
5 Year Changen/a
Change since IPO-53.90%

Recent News & Updates

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

Aug 26
Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

GitLab: Over 60% Undervalued After Market Overreaction

Aug 15

Recent updates

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

Aug 26
Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)

GitLab: Over 60% Undervalued After Market Overreaction

Aug 15

GitLab: Don't Chase A Buyout Rumor

Jul 17

What You Can Learn From GitLab Inc.'s (NASDAQ:GTLB) P/S After Its 27% Share Price Crash

Jun 20
What You Can Learn From GitLab Inc.'s (NASDAQ:GTLB) P/S After Its 27% Share Price Crash

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

Shareholder Returns

GTLBUS SoftwareUS Market
7D3.8%-0.02%0.3%
1Y1.1%21.7%22.2%

Return vs Industry: GTLB underperformed the US Software industry which returned 20.8% over the past year.

Return vs Market: GTLB underperformed the US Market which returned 21.5% over the past year.

Price Volatility

Is GTLB's price volatile compared to industry and market?
GTLB volatility
GTLB Average Weekly Movement8.3%
Software Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: GTLB has not had significant price volatility in the past 3 months.

Volatility Over Time: GTLB's weekly volatility (8%) 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$7.33b
Earnings (TTM)-US$426.35m
Revenue (TTM)US$622.22m

12.2x

P/S Ratio

-17.8x

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

Sep 03, 2024

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