Added to YB: 2024-06-10
Pitch date: 2024-06-09
GTLB [bullish]
GitLab Inc.
-10.88%
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
$6.6B
Pitch Price
$43.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
-72.55
P/E
-138.20
EV/Sales
5.97
Sector
Software
Category
growth
Show full summary:
GitLab Stock Analysis: Is an Acquisition by Google in the works?
GTLB: GitLab, a leading DevSecOps platform, grew Q1 rev 33% YoY to $169M w/ 89% gross margins. $681M unrealized RPO +48% YoY signals strong future growth. Profitable w/ 22% FCF margin. Risks: 4% dilution, high SBC. Opportunities: expanding TAM, strategic investment by Alphabet, attractive 8x NTM sales. Expect 30%+ growth ahead.
Read full article (8 min)