Latest news with #GTLB
Yahoo
20 hours ago
- Business
- Yahoo
GitLab To Announce Second Quarter Fiscal 2026 Financial Results
SAN FRANCISCO, August 20, 2025--(BUSINESS WIRE)--All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive, intelligent DevSecOps platform, today announced that it will report its financial results for the second quarter of fiscal year 2026, which ended July 31, 2025, after U.S. markets close on Wednesday, September 3, 2025. Management will host a conference call and webcast on the same day to discuss the company's financial results at 4:30 p.m. ET / 1:30 p.m. PT. GitLab Second Quarter Fiscal 2026 Financial Results Conference Call and Webcast When: Wednesday, September 3, 2025 Time: 4:30 p.m. ET / 1:30 p.m. PT Earnings Call Registration Replay: A webcast replay of the conference call will be available on the investor relations website for one year. GitLab uses its Investor Relations website and its X feed (@gitlab), among other channels, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. About GitLab Inc. GitLab is the most comprehensive, intelligent DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 50 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster. View source version on Contacts Media Contact:Lisa Boughnerpress@ Investor Contact:Cassidy Fuller-Pattersonir@
Yahoo
a day ago
- Business
- Yahoo
3 Reasons GTLB Has Explosive Upside Potential
GitLab's stock price has taken a beating over the past six months, shedding 34.6% of its value and falling to $44.08 per share. This may have investors wondering how to approach the situation. Following the pullback, is now the time to buy GTLB? Find out in our full research report, it's free. Why Are We Positive On GitLab? With its all-remote workforce pioneering a new approach to software development, GitLab (NASDAQ:GTLB) provides a single-application DevSecOps platform that helps development, operations, and security teams collaborate to build, secure, and deploy software faster. 1. ARR Surges as Recurring Revenue Flows In While reported revenue for a software company can include low-margin items like implementation fees, annual recurring revenue (ARR) is a sum of the next 12 months of contracted revenue purely from software subscriptions, or the high-margin, predictable revenue streams that make SaaS businesses so valuable. GitLab's ARR punched in at $777.9 million in Q1, and over the last four quarters, its year-on-year growth averaged 31.7%. This performance was fantastic and shows that customers are willing to take multi-year bets on the company's technology. Its growth also makes GitLab a more predictable business, a tailwind for its valuation as investors typically prefer businesses with recurring revenue. 2. Elite Gross Margin Powers Best-In-Class Business Model Software is eating the world. It's one of our favorite business models because once you develop the product, it usually doesn't cost much to provide it as an ongoing service. These minimal costs can include servers, licenses, and certain personnel. GitLab's gross margin is one of the best in the software sector, an output of its asset-lite business model and strong pricing power. It also enables the company to fund large investments in new products and sales during periods of rapid growth to achieve outsized profits at scale. As you can see below, it averaged an elite 88.6% gross margin over the last year. Said differently, roughly $88.64 was left to spend on selling, marketing, and R&D for every $100 in revenue. 3. Operating Margin Rising, Profits Up Many software businesses adjust their profits for stock-based compensation (SBC), but we prioritize GAAP operating margin because SBC is a real expense used to attract and retain engineering and sales talent. This metric shows how much revenue remains after accounting for all core expenses – everything from the cost of goods sold to sales and R&D. Over the last year, GitLab's expanding sales gave it operating leverage as its margin rose by 14.5 percentage points. Although its operating margin for the trailing 12 months was negative 14.9%, we're confident it can one day reach sustainable profitability. Final Judgment These are just a few reasons why GitLab ranks highly on our list. After the recent drawdown, the stock trades at 7.4× forward price-to-sales (or $44.08 per share). Is now the time to initiate a position? See for yourself in our full research report, it's free. High-Quality Stocks for All Market Conditions Trump's April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Globe and Mail
2 days ago
- Business
- Globe and Mail
GitLab: A Risky Investment in a Competitive Software Landscape?
Explore the exciting world of Gitlab (NASDAQ: GTLB) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Jul. 23, 2025. The video was published on Aug. 19, 2025. Should you invest $1,000 in GitLab right now? Before you buy stock in GitLab, consider this: Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and GitLab wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,077% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025
Yahoo
23-07-2025
- Business
- Yahoo
GitLab's Partner Base Expands: Is Growth Thesis Strengthening?
GitLab GTLB is benefiting from strong demand for its DevSecOps platform. Its rich partner network, which includes cloud platforms such as Alphabet's Google Cloud and Amazon's cloud arm, Amazon Web Services (AWS), and Zscaler has been a major growth driver. These platforms are helping it expand its footprint among large enterprise April 2025, GitLab announced the general availability of GitLab Duo with Amazon Q, integrating Amazon Q's AI agents into its DevSecOps platform to accelerate development, modernize legacy code, and streamline security and code reviews. The integration of GitLab's DevSecOps platform with Alphabet's Google Cloud services is enhancing developer productivity by streamlining authentication, boosting application deployment and improving the developer experience. This collaboration between GitLab and Alphabet ensures a more seamless and efficient development a cloud security leader, selected GitLab in a competitive process, forming a partnership. This reinforces GTLB's position in DevSecOps by enhancing security, streamlining workflows and expanding its enterprise expanding clientele and market leadership in the DevSecOps platform category are contributing to its growth prospects. In the first quarter of fiscal 2026, customers with more than $5K of Annual Recurring Revenue (ARR) increased to 10,104, up 13% year over year. Customers with more than $100K of ARR increased to 1,288, up 26% year over year, demonstrating GTLB's ability to attract and retain large enterprise customers. GitLab Suffers From Stiff Competition GitLab operates in a highly competitive environment. It faces stiff competition from Microsoft MSFT, its principal rival in the DevSecOps space. Other competitors include Atlassian TEAM and other DevSecOps platforms that specialize in various stages of the software development has a strong focus on DevSecOps, integrating security into the software development lifecycle. It strengthens its position through the seamless integration of GitHub and Azure DevOps. Microsoft also partners with other companies to provide comprehensive DevSecOps solutions, like Contrast Security. Atlassian is expanding its footprint in the DevSecOps space through its robust suite of tools like Jira, Bitbucket, and Bamboo, which provides a strong foundation for development and DevOps workflows, including CI/CD. Atlassian is actively advancing DevSecOps through partnerships and integrations, notably with the recent addition of security integrations to Jira and its Open DevOps initiative. This includes collaborations with companies like Snyk, Mend, Lacework, Stackhawk, and JFrog to aggregate vulnerability data within Jira, making it easier to prioritize and address security issues within the DevOps workflow. Gitlab's Share Price Performance, Valuation and Estimates GitLab's shares have lost 18.6% year to date against the broader Zacks Computer & Technology sector's return of 10.6%. GitLab Stock's Performance Image Source: Zacks Investment Research GitLab stock is trading at a premium, with a forward 12-month Price/Sales of 7.21X compared with the industry's 5.90X. GTLB has a Value Score of F. GitLab Valuation Image Source: Zacks Investment Research The Zacks Consensus Estimate for second-quarter fiscal 2026 earnings is currently pegged at 16 cents per share, which has remained unchanged over the past 30 days. This indicates a 6.67% increase year over year. GitLab Inc. Price and Consensus GitLab Inc. price-consensus-chart | GitLab Inc. Quote The consensus mark for fiscal 2026 earnings is pegged at 75 cents per share, which has remained unchanged over the past 30 days, suggesting 1.35% year-over-year currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Atlassian Corporation PLC (TEAM) : Free Stock Analysis Report GitLab Inc. (GTLB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
19-07-2025
- Business
- Business Insider
Bank of America Securities Sticks to Their Buy Rating for Gitlab (GTLB)
In a report released today, Koji Ikeda from Bank of America Securities reiterated a Buy rating on Gitlab, with a price target of $72.00. The company's shares opened today at $44.22. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Ikeda is a 5-star analyst with an average return of 12.5% and a 58.54% success rate. Ikeda covers the Technology sector, focusing on stocks such as Datadog, Gitlab, and nCino. Gitlab has an analyst consensus of Strong Buy, with a price target consensus of $61.48, which is a 39.03% upside from current levels. In a report released on July 15, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $58.00 price target. Based on Gitlab's latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $214.51 million and a GAAP net loss of $35.88 million. In comparison, last year the company earned a revenue of $169.19 million and had a GAAP net loss of $54.64 million Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GTLB in relation to earlier this year. Last month, Matthew Jacobson, a Director at GTLB sold 129,400.00 shares for a total of $5,476,208.00.
