Stock Price & Analysis

Based on the analysis of recent trades by Cathie Wood's ARK ETFs, which have been buying GTLB shares, and the Strong Buy consensus from Wall Street analysts with a 35% upside potential, it is recommended to buy GTLB stock. The stock's current price of $52.27 is below the average analyst price target of $70, indicating significant upside potential.

GTLB stock is predicted to reach $58 by 2025, driven by strong earnings and positive market outlook. The stock currently trades at $52.27, showing moderate growth potential. Analysts expect continued upward momentum based on recent performance trends.

The S1 support level for GTLB Stock is $49.56 ,The R1 resistant level for GTLB Stock is $61.58.

As of the end of day on 2025-03-18, the price of GTLB Stock was $49.97.

The target price for GTLB Stock according to analyst rating is 78.67, with the highest price target at 90.00 and the lowest at 58.00. Analysts have a Strong Buy rating on GTLB Stock overall.

The market cap of GTLB is $8.2B.

GTLB may be overvalued based on its high EV/EBITDA ratio of 15.86 and P/S ratio of 4.83, which exceed industry averages. Its Q4 net income dropped to $10.7M from $29.565M in Q3, raising profitability concerns. While revenue grew 7.8% QoQ, the stock's current price reflects high expectations for future growth. Analysts are divided, with some maintaining "Buy" ratings and others "Hold." The stock's valuation metrics suggest it may be overvalued given its current financial performance.

GitLab Inc. provides DevSecOps Platform, a single application that brings together development, operations, information technology, security, and business teams. The DevSecOps Platform is built on a single codebase, unified data model, and user interface. The Company allows organizations to deploy the DevSecOps Platform as a self-managed offering in their own hybrid-cloud, or on-premises environments, and as a software as a service offering, it is hosted in either the public cloud or in a private cloud based on the customer’s preference. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its DevSecOps platform is used by teams of all sizes across a range of industries. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. It also offers an automated cloud-native application security testing solution to help customers identify and resolve application-layer risks.

Price Prediction for GTLB Stock in 2030

• Price Prediction: $120 per share.
• Reason: Strong growth in AI-powered DevSecOps solutions, increasing adoption of GitLab's platform, and positive analyst sentiment with a 57.4% upside potential.

GTLB has a total of 2130 employees.