GitLab Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 108/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 54.33.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
GitLab Inc's Score
Industry at a Glance
Industry Ranking
108 / 482
Overall Ranking
182 / 4582
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
30
analysts
Buy
Current Rating
54.330
Target Price
+39.06%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
GitLab Inc Highlights
StrengthsRisks
GitLab Inc. provides DevSecOps Platform, is built on a single codebase, unified data model, and user interface. The Company offers customers flexible deployment options, including a self-managed offering, as well as multi-tenant and single-tenant (GitLab Dedicated) software-as-a-service (SaaS) solutions. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its subscription plans are available as a self-managed offering that customers download to run in their own on-premises environment or hybrid cloud environments, and also a SaaS offering, which is offered as either multi-tenant or single-tenant (called GitLab Dedicated). The Company also provides related training and professional services. Its SaaS products provide access to hosted software as well as support.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 78.93% year-on-year.
Undervalued
The company’s latest PE is -133.35, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 128.20M shares, decreasing 12.21% quarter-over-quarter.
GitLab Inc. provides DevSecOps Platform, is built on a single codebase, unified data model, and user interface. The Company offers customers flexible deployment options, including a self-managed offering, as well as multi-tenant and single-tenant (GitLab Dedicated) software-as-a-service (SaaS) solutions. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its subscription plans are available as a self-managed offering that customers download to run in their own on-premises environment or hybrid cloud environments, and also a SaaS offering, which is offered as either multi-tenant or single-tenant (called GitLab Dedicated). The Company also provides related training and professional services. Its SaaS products provide access to hosted software as well as support.
Ticker SymbolGTLB
CompanyGitLab Inc
CEOStaples (William)
Websitehttps://about.gitlab.com/
FAQs
What is the current price of GitLab Inc (GTLB)?
The current price of GitLab Inc (GTLB) is 38.000.
What is the symbol of GitLab Inc?
The ticker symbol of GitLab Inc is GTLB.
What is the 52-week high of GitLab Inc?
The 52-week high of GitLab Inc is 74.180.
What is the 52-week low of GitLab Inc?
The 52-week low of GitLab Inc is 35.810.
What is the market capitalization of GitLab Inc?
The market capitalization of GitLab Inc is 6.40B.
What is the net income of GitLab Inc?
The net income of GitLab Inc is -6.33M.
Is GitLab Inc (GTLB) currently rated as Buy, Hold, or Sell?
According to analysts, GitLab Inc (GTLB) has an overall rating of Buy, with a price target of 54.330.
What is the Earnings Per Share (EPS TTM) of GitLab Inc (GTLB)?
The Earnings Per Share (EPS TTM) of GitLab Inc (GTLB) is -0.285.