Added to YB: 2024-04-08
Pitch date: 2024-04-08
GTLB [bullish]
GitLab Inc.
-51.88%
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
$5.3B
Pitch Price
$59.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
-55.69
P/E
-111.74
EV/Sales
4.58
Sector
Software
Category
growth
Show full summary:
GitLab Stock: Premium Software Company at a Premium Price
GTLB: GitLab, a leading DevSecOps platform, grew revenue 37% to $580M in FY24 despite slowdown. 90% gross margins, breakeven cash flow 1yr early. Risks: high SBC (28% of rev), 4% dilution. FY25 guide disappoints but likely conservative. Fairly valued at 11x sales with upside potential.
Read full article (6 min)