Professional
Added to YB: 2024-12-13
Pitch date: 2024-12-12
GTLB [bullish]
GitLab Inc.
-34.38%
current return
Author Info
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Company Info
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
Market Cap
$6.6B
Pitch Price
$60.23
Price Target
90.00 (+128%)
Dividend
N/A
EV/EBITDA
-72.55
P/E
-138.20
EV/Sales
5.97
Sector
Software
Category
growth
Show full summary:
GitLab (GTLB): Macquarie's Top Pick with $90 Target, Positioned for Growth
GTLB: Macquarie initiates Outperform, $90 PT. Top pick as key vendor in dev-sec-ops toolchain. AI-powered platform serves entire software dev lifecycle. Bullish on investment opportunity. Consensus revenue expectations through FY27 beatable despite deceleration to +22% YoY.
Read full article (1 min)