GTLB 📈 Gitlab - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US37637K1088
GTLB: DevOps, Software, Development, Lifecycle, Platform
GitLab Inc., a leading provider of software development lifecycle solutions, operates through its subsidiaries in key regions including the United States, Europe, and the Asia Pacific. The company's flagship product, GitLab, is a comprehensive DevOps platform designed to streamline the software development process, enabling organizations to achieve faster cycle times and gain unparalleled visibility and control over various stages of the DevOps lifecycle.
By leveraging GitLab's platform, organizations can effectively plan, build, secure, and deploy software, ultimately driving business outcomes. The company's offerings extend beyond its core platform, with related training and professional services designed to support customers in optimizing their software development workflows. This holistic approach enables organizations to unlock the full potential of their software development capabilities, leading to improved efficiency, productivity, and innovation.
With a history dating back to 2011, GitLab Inc. has evolved significantly, undergoing a name change from GitLab B.V. to GitLab Inc. in July 2015. Headquartered in San Francisco, California, the company has established itself as a major player in the systems software industry, with its common stock listed under the ticker symbol GTLB and ISIN US37637K1088. As a key provider of systems software solutions, GitLab Inc. operates within the GICS Sub Industry, catering to the diverse needs of organizations seeking to optimize their software development lifecycle.
For more information about GitLab Inc., including its products, services, and mission, visitors can access the company's website at https://about.gitlab.com, providing a comprehensive overview of the company's vision, values, and commitment to delivering innovative software development lifecycle solutions. With its strong foundation and dedication to customer success, GitLab Inc. continues to play a vital role in shaping the future of software development, empowering organizations to achieve their goals and drive business growth.
Additional Sources for GTLB Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
GTLB Stock Overview
| Market Cap in USD | 9,587m |
| Sector | Technology |
| Industry | Software - Infrastructure |
| GiC Sub-Industry | Systems Software |
| IPO / Inception | 2021-10-14 |
GTLB Stock Ratings
| Growth 5y | -46.2% |
| Fundamental | 56.3% |
| Dividend | - |
| Rel. Strength Industry | -125 |
| Analysts | 4.52/5 |
| Fair Price Momentum | 48.45 USD |
| Fair Price DCF | 3.71 USD |
GTLB Dividends
No Dividends PaidGTLB Growth Ratios
| Growth Correlation 3m | 65.8% |
| Growth Correlation 12m | -25.3% |
| Growth Correlation 5y | -7.4% |
| CAGR 5y | -17.31% |
| CAGR/Mean DD 5y | -0.30 |
| Sharpe Ratio 12m | 0.13 |
| Alpha | -55.29 |
| Beta | 2.14 |
| Volatility | 45.55% |
| Current Volume | 1766.2k |
| Average Volume 20d | 3825.1k |
As of January 02, 2025, the stock is trading at USD 56.35 with a total of 1,766,200 shares traded.
Over the past week, the price has changed by -5.67%, over one month by -10.54%, over three months by +13.43% and over the past year by -6.15%.
Partly, yes. Based on ValueRay Fundamental Analyses, Gitlab (NASDAQ:GTLB) is currently (January 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 56.34 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GTLB as of January 2025 is 48.45. This means that GTLB is currently overvalued and has a potential downside of -14.02%.
Gitlab has received a consensus analysts rating of 4.52. Therefor, it is recommend to buy GTLB.
- Strong Buy: 18
- Buy: 8
- Hold: 3
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, GTLB Gitlab will be worth about 55.8 in January 2026. The stock is currently trading at 56.35. This means that the stock has a potential downside of -0.98%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 79.3 | 40.8% |
| Analysts Target Price | 57.3 | 1.7% |
| ValueRay Target Price | 55.8 | -1% |