Top-Rated StocksTop-RatedNASDAQ:GTLB GitLab (GTLB) Stock Price, News & Analysis $63.75 -0.05 (-0.08%) (As of 11/29/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About GitLab Stock (NASDAQ:GTLB) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GitLab alerts:Sign Up Key Stats Today's Range$63.00▼$64.1050-Day Range$48.76▼$66.6252-Week Range$40.72▼$78.53Volume699,506 shsAverage Volume1.85 million shsMarket Capitalization$10.23 billionP/E RatioN/ADividend YieldN/APrice Target$67.17Consensus RatingModerate Buy Company OverviewGitLab 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. It 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. GitLab Inc. was founded in 2011 and is headquartered in San Francisco, California.Read More… 3 Dirt-Cheap Stocks You Can’t Afford to Ignore (Ad)Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.Get your FREE look at these THREE companies right here. GitLab Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks43rd Percentile Overall ScoreGTLB MarketRank™: GitLab scored higher than 43% of companies evaluated by MarketBeat, and ranked 475th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingModerate Buy Consensus RatingGitLab has received a consensus rating of Moderate Buy. The company's average rating score is 2.96, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGitLab has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about GitLab's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthDecreasing Earnings GrowthEarnings for GitLab are expected to decrease in the coming year, from ($0.41) to ($0.52) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GitLab is -27.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of GitLab is -27.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGitLab has a P/B Ratio of 16.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about GitLab's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted4.07% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently increased by 8.67%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGitLab does not currently pay a dividend.Dividend GrowthGitLab does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted4.07% of the float of GitLab has been sold short.Short Interest Ratio / Days to CoverGitLab has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GitLab has recently increased by 8.67%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.58 News SentimentGitLab has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for GitLab this week, compared to 14 articles on an average week.Search InterestOnly 27 people have searched for GTLB on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.MarketBeat Follows20 people have added GitLab to their MarketBeat watchlist in the last 30 days. This is an increase of 122% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, GitLab insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,569,356.00 in company stock.Percentage Held by Insiders21.36% of the stock of GitLab is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.72% of the stock of GitLab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about GitLab's insider trading history. Receive GTLB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GitLab and its competitors with MarketBeat's FREE daily newsletter. Email Address GTLB Stock News HeadlinesInsider Selling: GitLab Inc. (NASDAQ:GTLB) CEO Sells 84,776 Shares of StockNovember 21, 2024 | insidertrades.comGitLab Inc. (NASDAQ:GTLB) Director Sells $193,082.50 in StockNovember 20, 2024 | insidertrades.comIs NVDA a sell? Buy this stock instead before Dec 3After months of speculation that Nvidia was "cooling off..." and "running out of steam..." The company is making headlines for last week's new earnings report – which revealed the AI juggernaut nearly doubled their profits in the last year alone.December 1, 2024 | Chaikin Analytics (Ad)GitLab Inc. (NASDAQ:GTLB) CFO Sells $945,628.84 in StockNovember 5, 2024 | insidertrades.comKeyCorp Issues Positive Forecast for GitLab (NASDAQ:GTLB) Stock PriceNovember 27, 2024 | americanbankingnews.comDemystifying GitLab: Insights From 15 Analyst ReviewsNovember 26, 2024 | benzinga.comGitLab price target raised to $74 from $62 at KeyBancNovember 26, 2024 | markets.businessinsider.comGitLab Chief Financial Officer Brian Robins to Present at the Barclays 22nd Annual Global Technology ConferenceNovember 25, 2024 | businesswire.comSee More Headlines GTLB Stock Analysis - Frequently Asked Questions How have GTLB shares performed this year? GitLab's stock was trading at $62.96 at the beginning of 2024. Since then, GTLB stock has increased by 1.3% and is now trading at $63.75. View the best growth stocks for 2024 here. How were GitLab's earnings last quarter? GitLab Inc. (NASDAQ:GTLB) announced its quarterly earnings results on Tuesday, September, 3rd. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.05. The business's revenue for the quarter was up 30.8% on a year-over-year basis. When did GitLab IPO? GitLab (GTLB) raised $598 million in an initial public offering (IPO) on Thursday, October 14th 2021. The company issued 10,400,000 shares at a price of $55.00-$60.00 per share. Who are GitLab's major shareholders? GitLab's top institutional investors include Franklin Resources Inc. (1.66%), State Street Corp (1.27%), Geode Capital Management LLC (1.26%) and Fiera Capital Corp (0.78%). Insiders that own company stock include 2021 Gp LLC Gv, Iconiq Strategic Partners Iii,, Michael Eugene Mcbride, Iconiq Strategic Partners Iv,, Matthew Jacobson, Brian G Robins, Susan L Bostrom, Howard Hartenbaum, August Capital Management Vii,, Karen Blasing, Robin Schulman, Erin Mannix, Dale R Brown, Merline Saintil, Mark Porter, Sundeep Bedi, Divesh Makan, Iconiq Strategic Partners Vi, and Sytse Sijbrandij. View institutional ownership trends. How do I buy shares of GitLab? Shares of GTLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of GitLab own? Based on aggregate information from My MarketBeat watchlists, some other companies that GitLab investors own include NVIDIA (NVDA), Humana (HUM), Rambus (RMBS), Meta Platforms (META), Saia (SAIA), Enovix (ENVX) and American Water Works (AWK). Company Calendar Last Earnings9/03/2024Today11/30/2024Next Earnings (Confirmed)12/31/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:GTLB CUSIPN/A CIK1653482 Webabout.gitlab.com Phone415-829-2854FaxN/AEmployees2,130Year FoundedN/APrice Target and Rating Average Stock Price Target$67.17 High Stock Price Target$80.00 Low Stock Price Target$50.00 Potential Upside/Downside+5.4%Consensus RatingModerate Buy Rating Score (0-4)2.96 Research Coverage25 Analysts Profitability EPS (Most Recent Fiscal Year)($2.34) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-424,170,000.00 Net Margins-54.62% Pretax Margin-19.92% Return on Equity-15.40% Return on Assets-7.39% Debt Debt-to-Equity RatioN/A Current Ratio1.97 Quick Ratio1.97 Sales & Book Value Annual Sales$579.91 million Price / Sales17.64 Cash FlowN/A Price / Cash FlowN/A Book Value$3.92 per share Price / Book16.26Miscellaneous Outstanding Shares160,500,000Free Float126,217,000Market Cap$10.23 billion OptionableOptionable Beta0.45 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! 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