Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
GTLB
Upturn stock ratingUpturn stock rating

Gitlab Inc (GTLB)

Upturn stock ratingUpturn stock rating
$40.76
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/20/2025: GTLB (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

28 Analysts rated it

Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.

1 Year Target Price $63.24

1 Year Target Price $63.24

Analysts Price Target For last 52 week
$63.24Target price
Low$37.9
Current$40.76
high$74.18

Analysis of Past Performance

Type Stock
Historic Profit -24.27%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/20/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.46B USD
Price to earnings Ratio 501.56
1Y Target Price 63.24
Price to earnings Ratio 501.56
1Y Target Price 63.24
Volume (30-day avg) 28
Beta 0.76
52 Weeks Range 37.90 - 74.18
Updated Date 06/29/2025
52 Weeks Range 37.90 - 74.18
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.09

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-06-10
When After Market
Estimate 0.15
Actual 0.17

Profitability

Profit Margin 1.62%
Operating Margin (TTM) -16.14%

Management Effectiveness

Return on Assets (TTM) -5.26%
Return on Equity (TTM) 1.38%

Valuation

Trailing PE 501.56
Forward PE 60.24
Enterprise Value 6465143000
Price to Sales(TTM) 9.27
Enterprise Value 6465143000
Price to Sales(TTM) 9.27
Enterprise Value to Revenue 8.04
Enterprise Value to EBITDA -32.54
Shares Outstanding 146100000
Shares Floating 117300260
Shares Outstanding 146100000
Shares Floating 117300260
Percent Insiders 3.8
Percent Institutions 87.84

Analyst Ratings

Rating 5
Target Price 63.24
Buy 7
Strong Buy 18
Buy 7
Strong Buy 18
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Gitlab Inc

stock logo

Company Overview

overview logo History and Background

GitLab Inc. was founded in 2011 by Dmitriy Zaporozhets and Valery Sizov. Originally an open-source project, it evolved into a comprehensive DevOps platform, offering source code management, CI/CD, and security features. It went public in 2021.

business area logo Core Business Areas

  • DevOps Platform: Provides a complete platform for software development, security, and operations, covering the entire DevOps lifecycle.
  • Subscription Services: Offers various subscription tiers with different features and levels of support.
  • Professional Services: Offers consulting and training services to help customers adopt and optimize their use of the GitLab platform.

leadership logo Leadership and Structure

The CEO is Sytse Sijbrandij. The company is structured around product, engineering, sales, marketing, and customer success teams. The leadership team also includes a CFO and other functional heads.

Top Products and Market Share

overview logo Key Offerings

  • GitLab DevOps Platform: A single application for the entire software development lifecycle, including planning, coding, testing, and deployment. Estimates place GitLab's market share in the DevOps platform market around 25%. Competitors include Atlassian (TEAM), GitHub (MSFT), and JFrog (FROG).
  • CI/CD (Continuous Integration/Continuous Delivery): An integrated CI/CD pipeline automates the software release process. Market share data is included in the DevOps platform figure above. Competitors include Jenkins, CircleCI, and Azure DevOps (MSFT).

Market Dynamics

industry overview logo Industry Overview

The DevOps market is growing rapidly as organizations seek to accelerate software delivery and improve collaboration. The market is competitive, with many players offering specialized tools and platforms.

Positioning

GitLab positions itself as a comprehensive, unified DevOps platform, differentiating itself from point solutions and fragmented toolchains. Its open-source roots and strong community contribute to its competitive advantage.

Total Addressable Market (TAM)

Analysts estimate the total addressable market (TAM) for DevOps tools to be over $60 billion by 2027. GitLab is well-positioned to capture a significant portion of this market with its comprehensive platform and growing customer base.

Upturn SWOT Analysis

Strengths

  • Comprehensive DevOps platform
  • Strong open-source community
  • Integrated CI/CD pipeline
  • Growing customer base
  • Remote-first culture

Weaknesses

  • Profitability challenges
  • High sales and marketing expenses
  • Reliance on subscription revenue
  • Complex product offerings

Opportunities

  • Expanding into new markets
  • Increasing enterprise adoption
  • Developing new features and integrations
  • Acquiring complementary technologies
  • Increased automation in DevOps

Threats

  • Competition from larger players
  • Economic downturn
  • Security vulnerabilities
  • Changing DevOps trends
  • Open Source risks/compliance

Competitors and Market Share

competitor logo Key Competitors

  • TEAM
  • MSFT
  • FROG

Competitive Landscape

GitLab offers a comprehensive DevOps platform, while some competitors focus on specific areas like CI/CD or project management. GitLab's open-source roots and integrated platform are key advantages.

Major Acquisitions

UnReview

  • Year: 2021
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Accelerate product development by expanding the skills and knowledge of the GitLab team.

Growth Trajectory and Initiatives

Historical Growth: GitLab has experienced rapid revenue growth over the past several years, driven by increasing adoption of its DevOps platform.

Future Projections: Analysts project continued revenue growth for GitLab, driven by the increasing demand for DevOps solutions. Growth should continue to rise as companies adopt GitLab to move to the cloud.

Recent Initiatives: Recent initiatives include expanding into new markets, developing new features, and acquiring complementary technologies.

Summary

GitLab is a fast-growing DevOps platform provider with a comprehensive product offering. While its revenue growth is impressive, profitability remains a challenge. The company needs to focus on cost management and sustainable growth. It needs to be aware of larger competition and focus on the open source community it was built upon.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, Market research reports, Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data is based on estimates and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Gitlab Inc

Exchange NASDAQ
Headquaters San Francisco, CA, United States
IPO Launch date 2021-10-14
CEO & Director Mr. William Staples
Sector Technology
Industry Software - Infrastructure
Full time employees 2375
Full time employees 2375

GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab that covers various stages of the DevSecOps lifecycle, including project planning, source code management, integration, application security testing, packaging artifacts, delivery and deployment, infrastructure for optimal deployment, monitoring for incidents, protecting the production deployment, and managing the cycle with value stream analytics. Its platform allows customers to manage and secure their applications across various cloud through a single platform. The company also helps organizations to plan, develop, secure, and deploy software. In addition, it offers 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.