Streetbeat News

GTLB

GitLab Inc.

https://about.gitlab.com

Industry

Software - Application

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company 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. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.

Open

65.00

Mkt cap

10B

Volume

1.7M

High

65.00

P/E Ratio

-210.07

52-wk high

78.53

Low

62.67

Div yield

N/A

52-wk low

40.72

GitLab (GTLB) is highlighted as the Bull of the Day, recognized for its pioneering DevOps platform valued at $9 billion. The platform supports software developers, operations, and security teams with services like continuous integration and agile development.

Portfolio Pulse from

January 15, 2025 | 11:30 am

The article compares SoundHound and GitLab as potential mid-cap AI stock investments for 2025, highlighting their growth potential due to market capitalizations under $10 billion.

Portfolio Pulse from

January 15, 2025 | 10:45 am

Cathie Wood, CEO of Ark Invest, is known for her bullish investment strategies, particularly in under-the-radar AI stocks. She continues to invest heavily in such companies, which may not be the focus of mainstream Wall Street.

Portfolio Pulse from

January 14, 2025 | 3:30 pm

GitLab is highlighted as a promising 'growth at a reasonable price' stock, reaching a profit inflection point. The company is noted for its adherence to the Rule of 40, making it an attractive investment opportunity.

Portfolio Pulse from

January 10, 2025 | 7:15 am

GitLab's stock (GTLB) has risen by 21% over the past six months, fueled by strong adoption of its AI-powered DevSecOps solutions and a growing customer base.

Portfolio Pulse from

January 08, 2025 | 6:00 pm

Top Wall Street analysts are optimistic about the long-term prospects of stocks like GitLab and MongoDB, as highlighted by TipRanks' analyst ranking service.

Portfolio Pulse from

December 15, 2024 | 12:30 pm

Gitlab (GTLB) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects, suggesting potential upward movement in its stock price.

Portfolio Pulse from

December 11, 2024 | 6:30 pm

Wall Street analysts predict a 27.41% upside for Gitlab (GTLB) based on average price targets. Despite skepticism about the metric's effectiveness, positive earnings estimate revisions could support this potential increase.

Portfolio Pulse from

December 11, 2024 | 4:00 pm

GitLab's stock is maintained at a buy rating with a revised price target of $92. The company reported a 31% year-over-year revenue growth to $196 million, significant EBIT margin expansion, and raised FY25 revenue guidance. Notable metrics include a 48.1% increase in RPO and strong adoption of the Ultimate subscription tier.

Portfolio Pulse from

December 10, 2024 | 8:15 am

Gitlab's Q3 fiscal 2025 results exceeded expectations, driven by strong subscription revenue growth and an expanding customer base. The company has also raised its outlook, which could positively impact its stock price.

Portfolio Pulse from

December 09, 2024 | 12:00 pm

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