GTLB Stock Analysis: Gitlab | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 7.805m USD | 12M Return: 7.1% | US37637K1088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 202M
EPS Trend: 66.6%
Qual. Beats: -1
Rev. Trend: 99.8%
Qual. Beats: 5
Warnings
No concerns identified
Tailwinds
Seasonality 4.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
GitLab Inc. is a software company that builds tools covering the entire software development lifecycle. Its core product, the GitLab platform, is a single application for DevSecOps workflows such as project planning, code management, security scanning, compliance checks, and deployment configurations. The company also sells the GitLab Duo Agent Platform, which adds AI-driven orchestration of tasks and teams, plus conversational AI assistance and workflow automation. Revenue is generated through software subscriptions and related training and professional services.
Headquartered in San Francisco, GitLab operates primarily in the United States, Europe, and Asia Pacific. It was originally incorporated in 2011 as GitLab B.V. and was renamed GitLab Inc. in July 2015, later going public on the NASDAQ in October 2021. The company sits in the GICS Information Technology sector, specifically the Systems Software sub-industry, and competes with other DevOps and developer-tooling vendors in a market increasingly shaped by integrated AI features.
- GitLab Duo AI adoption accelerates enterprise seat expansion
- Dollar-based net retention rate remains key growth metric
- Competition from GitHub and Azure DevOps pressures pricing power
| Net Income: -52.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 10.47 > 1.0 |
| NWC/Revenue: 88.40% < 20% (prev 102.9%; Δ -14.50% < -1%) |
| CFO/TA 0.13 > 3% & CFO 223.3m > Net Income -52.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (168.7m) vs 12m ago 1.66% < -2% |
| Gross Margin: 85.75% > 18% (prev 88.52%; Δ -2.76% > 0.5%) |
| Asset Turnover: 66.78% > 50% (prev 57.27%; Δ 9.52% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.56 (Total Current Assets 1.60b - Total Current Liabilities 662.3m) / Total Assets 1.66b |
| B: -0.76 (Retained Earnings -1.27b / Total Assets 1.66b) |
| C: -0.06 (EBIT TTM -90.2m / Avg Total Assets 1.58b) |
| D: 1.34 (Book Value of Equity 925.5m / Total Liabilities 690.3m) |
| Altman-Z'' = 2.22 = BBB |
| DSRI: 1.06 (Receivables 257.3m/197.8m, Revenue 1.06b/857.9m) |
| GMI: 1.03 (GM 88.52% / 85.75%) |
| AQI: 0.93 (AQ_t 0.03 / AQ_t-1 0.04) |
| SGI: 1.23 (Revenue 1.06b / 857.9m) |
| TATA: -0.17 (NI -52.7m - CFO 223.3m) / TA 1.66b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of October 03, 2026, the stock is trading at USD 49.78 with a total of 2,984,378 shares traded. Over the past week, the price has changed by +6.27%, over one month by +0.38%, over three months by +55.22% and over the past year by +7.08%.
Current recommended Stop Loss: 47.10 (which is 5.4% or 1.3 ATR below the current price).
Gitlab has received a consensus analysts rating of 4.54. Therefore, it is recommended to buy GTLB.
- StrongBuy: 18
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 55.7 | 11.9% |
P/E Forward = 55.2486
P/S = 7.397
P/B = 8.7886
Revenue TTM = 1.06b USD
EBIT TTM = -90.2m USD
EBITDA TTM = -77.5m USD
Long Term Debt = unknown (none)
Short Term Debt = 187k USD (from shortTermDebt, last fiscal year)
Debt = 187k USD (from shortLongTermDebtTotal, last fiscal year) (leases 187k already included)
Net Debt = -1.26b USD (calculated: Debt 187k - CCE 1.26b)
Enterprise Value = 6.55b USD (7.81b + Debt 187k - CCE 1.26b)
Interest Coverage Ratio = unknown (Ebit TTM -90.2m / Interest Expense TTM 0.0)
EV/FCF = 30.65x (Enterprise Value 6.55b / FCF TTM 213.7m)
FCF Yield = 3.26% (FCF TTM 213.7m / Enterprise Value 6.55b)
FCF Margin = 20.25% (FCF TTM 213.7m / Revenue TTM 1.06b)
Net Margin = -4.99% (Net Income TTM -52.7m / Revenue TTM 1.06b)
Gross Margin = 85.75% ((Revenue TTM 1.06b - Cost of Revenue TTM 150.3m) / Revenue TTM)
Gross Margin QoQ = 84.06% (prev 85.81%)
Tobins Q-Ratio = 3.94 (Enterprise Value 6.55b / Total Assets 1.66b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 187k)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -71.3m (EBIT -90.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.41 (Total Current Assets 1.60b / Total Current Liabilities 662.3m)
Debt / Equity = 0.00 (Debt 187k / totalStockholderEquity, last quarter 925.5m)
Debt / EBITDA = 16.21 (negative EBITDA) (Net Debt -1.26b / EBITDA -77.5m)
Debt / FCF = -5.88 (Net Debt -1.26b / FCF TTM 213.7m)
Total Stockholder Equity = 956.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.33% (Net Income -52.7m / Total Assets 1.66b)
RoE = -5.51% (Net Income TTM -52.7m / Total Stockholder Equity 956.0m)
RoCE = -9.02% (EBIT -90.2m / Capital Employed (Total Assets 1.66b - Current Liab 662.3m))
RoIC = -7.53% (negative operating profit) (NOPAT -71.3m / Invested Capital 946.9m)
WACC = 11.65% (E(7.81b)/V(7.81b) * Re(11.65%) + D(187k)/V(7.81b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 11.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.34 | Cagr: 2.91%
[DCF] Terminal Value 68.07% ; FCFF base≈142.5m ; Y1≈163.4m ; Y5≈240.5m
[DCF] Fair Price = 21.38 (EV 2.28b - Net Debt -1.26b = Equity 3.54b / Shares 165.5m; r=11.65% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 66.56 | EPS CAGR: 158.5% | SUE: -2.39 | # QB: -1
Revenue Correlation: 99.81 | Revenue CAGR: 27.73% | SUE: 4.0 | # QB: 5
EPS current Quarter (2026-10-31): EPS=0.20 | Chg30d=+13.07% | Revisions=+81% | Analysts=27
EPS current Year (2027-01-31): EPS=0.87 | Chg30d=+6.61% | Revisions=+88% | GrowthEPS=-9.8% | GrowthRev=+18.5%
EPS next Year (2028-01-31): EPS=1.04 | Chg30d=+0.88% | Revisions=+32% | GrowthEPS=+19.9% | GrowthRev=+15.7%
[Analyst] Revisions Ratio: +73% (up=59, down=8)