Latest news with #GitLab
Yahoo
20 hours ago
- 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
Yahoo
3 days ago
- Business
- Yahoo
Prediction: These 5 First-Half AI Stock Losers Will Be Second-Half Winners
Key Points Alphabet and GitLab are misunderstood stocks that are poised to be AI winners. Salesforce and ServiceNow are software companies with big AI opportunities in front of them. SentinelOne has a big potential catalyst in the second half as its deal with Lenovo rolls out. 10 stocks we like better than GitLab › The first half of 2025 wasn't kind to a number of promising artificial intelligence (AI) stocks, particularly in the software space. However, the second half could be very different. Let's look at five stocks that were AI losers in the first half of 2025 that look poised to rebound in the second half. Alphabet Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) continues to be one of the most misunderstood stocks in the market. Investors keep worrying about AI disrupting its core search business, but that misses the bigger picture. Google isn't a search company -- it's a content discovery platform with a huge distribution advantage and decades of behavioral data behind it. Alphabet's browser and mobile operating system give it an enormous edge. Chrome commands more than 65% of global browser share, while Android runs on over 70% of smartphones. Meanwhile, Google has revenue-sharing deals to be the default search engine across Apple devices and other browsers. As search and AI evolve, that distribution becomes increasingly important. At the same time, Google has stepped up its game with its new AI-powered Search Mode. In a recent Oppenheimer survey, 82% of users found it more helpful than traditional search, and 75% preferred it to ChatGPT. Importantly, Google doesn't need to change user behavior and have people switch over to its apps. Its billions of users just need to click AI Mode to get this experience. Its cloud computing business is also gaining traction. Google Cloud revenue rose 28% last quarter, and the company is investing heavily to build capacity to keep up with demand. Add in under-appreciated assets like its Waymo robotaxi business and its Willow quantum chip, and Alphabet looks ready to rebound in the back half. GitLab Another company that is misunderstood is GitLab (NASDAQ: GTLB). Investors are worried that with AI, organizations are going to need fewer coders. However, thus far AI has led to more software development, while GitLab has quietly been transforming itself into a software development lifecycle platform. The company took a big step forward in this direction with the release of GitLab 18. It added over 30 new features, including its Duo Agent Platform, which allows users to deploy AI agents across the entire development cycle from code generation to testing to compliance. This is important, as according to William Blair, developers only spend about 20% of their time actually writing code. The company has already been growing revenue at a strong clip, including 27% last quarter. The growth is being driven by new customers as well as existing customers buying more seats and upgrading tiers. GitLab has also been expanding key partnerships, including with Amazon. As a company that is helping drive end-to-end development workflow efficiency, GitLab has a strong future ahead and looks like a solid rebound candidate. Salesforce Salesforce (NYSE: CRM) has spent the last year refocusing its platform around AI. Its new Agentforce platform has over 4,000 paying customers already, and it's at the center of what could become a much bigger digital labor platform. The company's strategy is to unify apps, data, automation, and metadata to a single framework called ADAM. It will then use this as a foundation to build and scale AI agents, helping create a digital workforce. It also recently rolled out a more flexible pricing model tied to outcomes to help increase adoption. Salesforce is already the leader in customer relationship management (CRM) software, and its push into AI agents could be a huge growth driver. With the stock lagging in the first half, it could rebound if Agentforce starts to gain more traction. ServiceNow ServiceNow (NYSE: NOW) may not be an obvious AI name, but it's also using AI to help transform its business. The company's roots are in IT management, but it has since expanded into human resources, finance, and customer service. The company's strength has always been connecting siloed departments and helping organizations streamline their operations. It has embedded AI into its Now Platform, helping take these efforts to the next level. It's been seeing strong traction, with AI-driven Pro Plus deals quadrupling year over year last quarter. As organizations increasingly focus on efficiency and automation to help reduce costs, ServiceNow is well-positioned. While some investors worry about enterprise software budgets, ServiceNow is a cost-saving platform that should continue to perform well in the current environment. That should help set the stock up to rebound later this year. SentinelOne SentinelOne's (NYSE: S) stock was under pressure in the first half of the year, but there's a good reason to believe that it will perform much better in the second half. The big reason is that its new partnership with Lenovo is about to ramp up. Lenovo is the world's largest enterprise PC vendor, and starting in the second half, it will pre-install SentinelOne's Singularity Platform on all new computers it sells. Existing Lenovo users will also be able to upgrade to SentinelOne's AI-powered security platform. That's a huge opportunity for the cybersecurity company. SentinelOne has already been seeing solid revenue growth, including 23% last quarter. While it's not the leader in the endpoint security space -- that would be CrowdStrike -- its platform receives high marks from Gartner. Meanwhile, its Purple AI solution, which helps analysts hunt complex security threats through the use of natural language prompts, has been the fastest-growing solution in its history. All in all, SentinelOne is a solid company whose stock trades at a big discount to some of its bigger peers. Meanwhile, the Lenovo deal should be a catalyst in the second half. Should you buy stock in GitLab right now? Before you buy stock in GitLab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 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 $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% 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 July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Geoffrey Seiler has positions in Alphabet, GitLab, Salesforce, and SentinelOne. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, CrowdStrike, GitLab, Salesforce, SentinelOne, and ServiceNow. The Motley Fool recommends Gartner. The Motley Fool has a disclosure policy. Prediction: These 5 First-Half AI Stock Losers Will Be Second-Half Winners was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Techday NZ
6 days ago
- Business
- Techday NZ
GitLab Duo Agent Platform beta unlocks AI-human collaboration
GitLab has opened public beta access to its GitLab Duo Agent Platform, a DevSecOps orchestration platform enabling asynchronous collaboration between developers and AI agents. Product details The GitLab Duo Agent Platform introduces an orchestration layer designed to allow specialised AI agents and human developers to collaborate within software development projects. By leveraging GitLab as the system of record, the platform delivers broad project context to AI agents, supporting informed decision-making in line with organisational standards. The company has made the public beta available to Premium and Ultimate customers. The initial set of features includes Software Development Flow - the first orchestrated multi-agent workflow that accumulates context, clarifies ambiguities with developers, and implements changes to codebases and repositories using project structures, codebase history, and supplementary context such as GitLab issues and merge requests. Specialised agents and workflows Specialised agents on the platform mirror established team roles, with capabilities to search, read, create, and modify existing artefacts across GitLab. The platform also features agent Flows, which are structured, predetermined workflows that can coordinate multiple specialised agents to autonomously execute complex or multi-step tasks. GitLab is planning an AI Catalogueueueueue in the future - this marketplace will allow organisations to create, customise, and share agents and agent flows among their teams and the wider GitLab ecosystem. Interface and support Users of the public beta have access to GitLab Duo Agentic Chat within development environments, both in IDEs and the GitLab Web UI. According to GitLab, the chat experience has been transformed into an active development partner, supporting iterative feedback and chat history, as well as streamlined delegation using new slash commands such as /explain, /tests, and /include. These commands create a quick delegation language, and the /include feature allows for context injection from specific files, issues, merge requests, or dependencies. Developers can also personalise agent behaviour using custom rules, specifying guidance tailored to individual or team preferences through natural language instructions. In addition to integration with Visual Studio Code, support has been extended to JetBrains IDEs such as IntelliJ, PyCharm, GoLand, and WebStorm. The platform also introduces Model Context Protocol (MCP) Client Support, which enables GitLab Duo Agentic Chat to connect to remote and local MCP servers. This allows agents to communicate with systems beyond GitLab, provided those systems are accessible via MCP, expanding the practical application of the platform's capabilities. Future releases GitLab stated that the scope and quality of the Duo Agent Platform will be expanded through subsequent 18.x releases, with a general availability target by the end of the year. Industry perspectives GitLab's own leadership and industry observers offered perspectives on the platform's beta release. "GitLab Duo Agent Platform enhances our development workflow with AI that truly understands our codebase and our organisation," said Bal Kang, Engineering Platform Lead at NatWest. "Having GitLab Duo AI agents embedded in our system of record for code, tests, CI/CD, and the entire software development lifecycle boosts productivity, velocity, and efficiency. The agents have become true collaborators to our teams, and their ability to understand intent, break down problems, and take action frees our developers to tackle the exciting, innovative work they love." Rachel Stephens, Research Director at RedMonk, commented, "As software development workflows grow in complexity and organisations look to leverage AI, there's an increasing need for platforms that can integrate AI capabilities without adding to existing disjointed toolchains." "As a DevSecOps platform, GitLab is already positioned to help developers collaborate both synchronously and asynchronously. Now the GitLab Duo Agent Platform intends to take this a step further, helping developers also integrate AI agents into their workflows." Bill Staples, Chief Executive Officer at GitLab, added, "Today marks a pivotal moment in software development as we introduce the public beta of the GitLab Duo Agent Platform, the first DevSecOps orchestration platform designed to unlock asynchronous collaboration between developers and AI agents." "GitLab Duo Agent Platform isn't just another AI tool; it's a fundamental reimagining of software development from isolated, linear processes into dynamic, intelligent collaboration." "By leveraging GitLab's unique position as the system of record for the entire software development lifecycle, we're providing AI agents with unprecedented context and capabilities. This enables our customers to work with AI agents that have comprehensive context about their codebase, their workflows, and their organisational goals to help boost productivity, velocity, and efficiency."
Business Wire
6 days ago
- Business
- Business Wire
GitLab Announces the Public Beta of GitLab Duo Agent Platform
SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., the most comprehensive, intelligent DevSecOps platform, today announced the public beta launch of GitLab Duo Agent Platform, a DevSecOps orchestration platform designed to unlock asynchronous collaboration between developers and AI agents. GitLab Duo Agent Platform represents a significant advancement in software development by establishing an intelligent orchestration layer that facilitates seamless collaboration between specialized AI agents and human developers. Leveraging GitLab's role as the system of record for software development, the platform equips AI agents with comprehensive project context, enabling informed decisions that align with organizational standards. GitLab Duo Agent Platform Capabilities Available Now in Public Beta The first capabilities for GitLab Duo Agent Platform in public beta, now available to Premium and Ultimate customers, include: Software Development Flow: The first orchestrated multi-agent workflow that gathers comprehensive context, clarifies ambiguities with developers, and executes strategic plans to make precise changes to codebases and repositories, leveraging the project structure, codebase, and history along with additional context like GitLab issues or merge requests. GitLab Duo Agentic Chat in IDE: Transforms the chat experience from a passive Q&A tool into an active development partner directly in development environments, enabling more sophisticated interactions and task delegation through enhanced capabilities, including: Iterative Feedback and Chat History: Enables Duo Agentic Chat to support stateful, conversational partnerships that help foster trust and enable developers to delegate more complex tasks with corrective guidance. Streamlined Delegation Through Slash Commands: Expanded commands such as /explain, /tests, and /include that create a "delegation language" for quick and precise intent, with /include allowing explicit context injection from specific files, issues, merge requests, or dependencies. Personalization Through Custom Rules: Enables developers to tailor agent behavior to individual and team preferences using natural language for development style guides and organizational policies. GitLab Duo Agentic Chat in Web UI: Provides direct access within the GitLab Web UI, evolving the agent from a coding assistant to a true DevSecOps agent with access to rich non-code context and the ability to make changes directly from the Web UI. JetBrains IDEs Support: Expands Duo Agentic Chat to the JetBrains family of IDEs, including IntelliJ, PyCharm, GoLand, and WebStorm, with automatic agentic capabilities for existing users and marketplace installation for new users. Model Context Protocol (MCP) Client Support: Enables Duo Agentic Chat to connect to remote and locally running MCP servers, allowing connections to systems beyond GitLab with any service that exposes itself via MCP, becoming part of the agent's skill set. Each month, GitLab plans to increase the scope and quality of the Duo Agent Platform in subsequent 18.x releases, with a target for general availability by the end of the year. To learn more about GitLab Duo Agent Platform capabilities and product roadmap, read the GitLab blog. Supporting Quotes 'GitLab Duo Agent Platform enhances our development workflow with AI that truly understands our codebase and our organization,' said Bal Kang, Engineering Platform Lead at NatWest. 'Having GitLab Duo AI agents embedded in our system of record for code, tests, CI/CD, and the entire software development lifecycle boosts productivity, velocity, and efficiency. The agents have become true collaborators to our teams, and their ability to understand intent, break down problems, and take action frees our developers to tackle the exciting, innovative work they love.' 'As software development workflows grow in complexity and organizations look to leverage AI, there's an increasing need for platforms that can integrate AI capabilities without adding to existing disjointed toolchains,' said Rachel Stephens, Research Director at RedMonk. 'As a DevSecOps platform, GitLab is already positioned to help developers collaborate both synchronously and asynchronously. Now the GitLab Duo Agent Platform intends to take this a step further, helping developers also integrate AI agents into their workflows.' "Today marks a pivotal moment in software development as we introduce the public beta of the GitLab Duo Agent Platform, the first DevSecOps orchestration platform designed to unlock asynchronous collaboration between developers and AI agents," said Bill Staples, CEO at GitLab. 'GitLab Duo Agent Platform isn't just another AI tool; it's a fundamental reimagining of software development from isolated, linear processes into dynamic, intelligent collaboration. By leveraging GitLab's unique position as the system of record for the entire software development lifecycle, we're providing AI agents with unprecedented context and capabilities. This enables our customers to work with AI agents that have comprehensive context about their codebase, their workflows, and their organizational goals to help boost productivity, velocity, and efficiency.' About GitLab 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. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although we believe that the expectations reflected in the forward-looking statements contained in this release are reasonable, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. Further information on risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption 'Risk Factors' and elsewhere in the filings and reports we make with the Securities and Exchange Commission. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
Yahoo
6 days ago
- Business
- Yahoo
GitLab (GTLB) Stock: Why Wall Street Thinks AI Will Fuel Its Growth
GitLab Inc. (NASDAQ:) is one of the . On July 15, Rosenblatt initiated the stock as 'Buy' with a $58 price target. The firm said that the software company is well-positioned for growth and share gains. The technology landscape is witnessing increasing complexity in terms of application development, and there is a widespread adoption of AI-assisted coding. According to Rosenblatt, both of these factors are working in favour of GitLab. The firm contended that even though generative AI is commoditizing parts of the coding process, it will eventually lead to more code creation. This, according to Rosenblatt, benefits platforms like GitLab that manage the full software development lifecycle. A Wall Street trading floor, chaotic with activity as traders and financial analysts analyze the company's impact on the markets. The firm also pointed out that there is growth potential from selling its higher-tier 'Ultimate' plans and adopting new AI-based add-on products. Since there are only a quarter of GitLab's paying users currently on Ultimate, there is ample room to grow recurring revenue across its 10,000-plus customer base. 'In our view, the growth in and complexity of modern cloud and emerging GenAI applications and the upsell opportunity for GitLab provide significant runway for growth.' 'We believe GitLab has established itself as one of the two leading providers of comprehensive software development platforms, with over 30m registered users, and has broadened into many adjacent areas and additional personas, just in time to make the Company robust (and perhaps even anti-fragile) to the AI wave'. GitLab Inc. (NASDAQ:GTLB) develops software for the software development lifecycle in the US, Europe, and the Asia Pacific. While we acknowledge the potential of GTLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
