The stock price of Gitlab Inc (NASDAQ: GTLB) has plunged by -2.80 when compared to previous closing price of 72.76, but the company has seen a 9.20% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-31 that GitLab Inc. is a leading AI-powered DevSecOps platform with strong traction for GitLab Ultimate, now accounting for ~50% of total ARR. GTLB’s competitive advantages include its end-to-end platform, robust security features, and transparency policy, attracting major clients like the US government and Indeed. With a large TAM of $40 billion and a growing customer base, GTLB’s revenue run-rate stands at $784 million, with a two-year CAGR of 32%.
Is It Worth Investing in Gitlab Inc (NASDAQ: GTLB) Right Now?
The 36-month beta value for GTLB is also noteworthy at 0.64. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 8 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for GTLB is 124.52M, and at present, short sellers hold a 7.09% of that float. The average trading volume of GTLB on February 04, 2025 was 2.91M shares.
GTLB’s Market Performance
GTLB stock saw an increase of 9.20% in the past week, with a monthly gain of 25.50% and a quarterly increase of 29.62%. The volatility ratio for the week is 5.43%, and the volatility levels for the last 30 days are 4.45% for Gitlab Inc (GTLB). The simple moving average for the last 20 days is 9.61% for GTLB stock, with a simple moving average of 30.11% for the last 200 days.
Analysts’ Opinion of GTLB
Many brokerage firms have already submitted their reports for GTLB stocks, with Macquarie repeating the rating for GTLB by listing it as a “Outperform.” The predicted price for GTLB in the upcoming period, according to Macquarie is $90 based on the research report published on December 12, 2024 of the previous year 2024.
Needham, on the other hand, stated in their research note that they expect to see GTLB reach a price target of $70. The rating they have provided for GTLB stocks is “Buy” according to the report published on October 21st, 2024.
Morgan Stanley gave a rating of “Overweight” to GTLB, setting the target price at $70 in the report published on October 09th of the previous year.
GTLB Trading at 12.66% from the 50-Day Moving Average
After a stumble in the market that brought GTLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.95% of loss for the given period.
Volatility was left at 4.45%, however, over the last 30 days, the volatility rate increased by 5.43%, as shares surge +25.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.95% upper at present.
During the last 5 trading sessions, GTLB rose by +9.20%, which changed the moving average for the period of 200-days by +31.30% in comparison to the 20-day moving average, which settled at $64.52. In addition, Gitlab Inc saw 25.50% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTLB starting from Schulman Robin, who sale 9,251 shares at the price of $70.00 back on Jan 28 ’25. After this action, Schulman Robin now owns 121,893 shares of Gitlab Inc, valued at $647,570 using the latest closing price.
ROBIN SCHULMAN, the Officer of Gitlab Inc, proposed sale 9,251 shares at $64.76 during a trade that took place back on Jan 28 ’25, which means that ROBIN SCHULMAN is holding shares at $599,095 based on the most recent closing price.
Stock Fundamentals for GTLB
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.89 for the gross margin
The net margin for Gitlab Inc stands at -0.07. The total capital return value is set at -0.2. Equity return is now at value -7.65, with -3.92 for asset returns.
Based on Gitlab Inc (GTLB), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -399.77. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -21.43.
Currently, EBITDA for the company is -180.91 million with net debt to EBITDA at 1.2. When we switch over and look at the enterprise to sales, we see a ratio of 15.88. The receivables turnover for the company is 3.6for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
In summary, Gitlab Inc (GTLB) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
