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Gitlab (GTLB)
NASDAQ:GTLB
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GTLB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.72 - $78.53
Previous Close$64.8
Volume1.31M
Average Volume (3M)1.86M
Market Cap
$10.64B
Enterprise Value$9.36B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Dec 05, 2024EPS Estimate
$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.34
Shares Outstanding160,500,000
10 Day Avg. Volume1,687,400
30 Day Avg. Volume1,859,101
Standard Deviation0.16
R-Squared0.02
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)15.50
Price to Sales (P/S)14.70
Price to Cash Flow (P/CF)208.90
P/FCF Ratio692.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.07
Enterprise Value/Gross Profit17.99
Enterprise Value/Ebitda-68.20
Forecast
1Y Price Target
$66.25Price Target Upside-0.08% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering23
Gitlab News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGTLB reported a clearly better than expected F2Q, as revenue growth of 31% Y/Y came in well above our and the Street's roughly 27% forecast.
Market PositionGitLab's platform approach positions it as one of a handful of emerging enterprise platforms that can consolidate a big part of the software development process.
Product AdoptionStrengthening adoption of its Duo AI product, a strong Fed quarter, and larger deals building in the pipeline alongside increased attach of the Ultimate SKU.
Bears Say
CompetitionInvestors are concerned about GitLab's ability to compete effectively against Microsoft, given the strength of Azure and its integration with a growing set of AI capabilities.
Market PositionSome investors believe GitLab's total addressable market may be more penetrated than initially estimated, with GitLab's market share closer to 20% and Microsoft/GitHub close to 50%.
Operational RisksThere is elevated churn in GTM teams, which creates some elevated execution risks.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Gitlab
Desktop Users
Mobile Users
GTLB FAQ
What was Gitlab’s price range in the past 12 months?
Gitlab lowest stock price was $40.72 and its highest was $78.53 in the past 12 months.
What is Gitlab’s market cap?
Currently, no data Available
When is Gitlab’s upcoming earnings report date?
Gitlab’s upcoming earnings report date is Dec 05, 2024 which is in 13 days.
How were Gitlab’s earnings last quarter?
Gitlab released its earnings results on Sep 03, 2024. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.099 by $0.051.
Is Gitlab overvalued?
According to Wall Street analysts Gitlab’s price is currently Overvalued.
Does Gitlab pay dividends?
Gitlab does not currently pay dividends.
What is Gitlab’s EPS estimate?
Gitlab’s EPS estimate is $0.16.
How many shares outstanding does Gitlab have?
Gitlab has 136,500,000 shares outstanding.
What happened to Gitlab’s price movement after its last earnings report?
Gitlab reported an EPS of $0.15 in its last earnings report, beating expectations of $0.099. Following the earnings report the stock price went up 21.643%.
Which hedge fund is a major shareholder of Gitlab?
Among the largest hedge funds holding Gitlab’s share is Eminence Capital LLC. It holds Gitlab’s shares valued at 150M.
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Gitlab Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$66.25 (-0.08% Downside)
$66.25 (-0.08% Downside)
Blogger Sentiment
Bullish
GTLB Sentiment 95%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.41%
12-Months-Change
Fundamentals
Return on Equity
-50.94%
Trailing 12-Months
Asset Growth
15.74%
Trailing 12-Months
Company Description
Gitlab
GitLab Inc is the DevOps platform that empowers organizations to maximize the overall return on software development by delivering software faster and efficiently, while strengthening security and compliance.
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GTLB Earnings Call
Q2 2024
0:00 / 0:00
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GTLB Revenue Breakdown
87.04% Subscription
12.96% License
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GTLB Stock 12 Month Forecast
Average Price Target
$66.25
▼(-0.08% Downside)
Technical Analysis
Best Analysts Covering GTLB
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+18.09%
reiterated a buy rating 6 days ago
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +18.09% per trade.
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