GitLab (GTLB) Appoints Siva Padisetty as CTO Effective January 15, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
0mins
Should l Buy GTLB?
Source: NASDAQ.COM
- Executive Transition: GitLab announced that Siva Padisetty will take over as Chief Technology Officer on January 15, 2026, succeeding Sabrina Farmer, who will remain as an advisor until January 31, 2026, to facilitate a smooth transition.
- Extensive Experience: Padisetty brings over 20 years of experience, having held senior leadership roles at New Relic, AWS, and Microsoft, most recently serving as CTO at New Relic, which is expected to drive technological innovation and strategic growth at GitLab.
- Market Reaction: GitLab's current stock price is $35.51, up $0.12 or 0.34% from the previous trading day, indicating a positive market response to the new CTO appointment, which may influence the company's future technological direction.
- Transition Support: Sabrina Farmer's advisory role before her departure will provide necessary support to Padisetty, ensuring team stability and project continuity, thereby mitigating risks associated with management changes.
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Analyst Views on GTLB
Wall Street analysts forecast GTLB stock price to rise
24 Analyst Rating
13 Buy
10 Hold
1 Sell
Moderate Buy
Current: 29.580
Low
34.00
Averages
50.86
High
72.00
Current: 29.580
Low
34.00
Averages
50.86
High
72.00
About GTLB
GitLab Inc. provides DevSecOps Platform, is built on a single codebase, unified data model, and user interface. The Company offers customers flexible deployment options, including a self-managed offering, as well as multi-tenant and single-tenant (GitLab Dedicated) software-as-a-service (SaaS) solutions. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its subscription plans are available as a self-managed offering that customers download to run in their own on-premises environment or hybrid cloud environments, and also a SaaS offering, which is offered as either multi-tenant or single-tenant (called GitLab Dedicated). The Company also provides related training and professional services. Its SaaS products provide access to hosted software as well as support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Opportunities from AI: Despite fears that AI may reduce the number of programmers, GitLab is likely to benefit from the trend of vibe-coding, as all code, regardless of the author, must be securely stored and reviewed, ensuring the platform's relevance and security.
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- AI Transformation Opportunities: While there are fears that AI may reduce the number of programmers, GitLab is evolving into an end-to-end software development lifecycle platform that leverages AI agents to assist developers, enhancing its competitive edge in secure code storage.
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- Slowing Revenue Growth: Although the company reported a 25% year-over-year revenue increase to $244.4 million in Q3, market expectations for future growth remain pessimistic, particularly with concerns that generative AI may pose a threat rather than an opportunity for the company.
- Significant Valuation Decline: GitLab now trades at a price-to-sales ratio of just 6, a substantial decrease from one or two years ago, indicating market apprehension about its future profitability despite the overall strong performance of tech stocks.
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