GTLB Stock Recent News

Gitlab (GTLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

GitLab Inc. (GTLB) deserves a buy rating due to its strong growth outlook, despite recent share price declines not reflecting fundamental weaknesses. The enterprise upsell engine is strengthening, with the Ultimate tier now accounting for 50% of total ARR, showing significant traction with large customers. GTLB's Dedicated SaaS offering is gaining momentum, growing 90% y/y, driven by demand from sectors with strict security and compliance needs.

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced that it has received the 2025 Google Cloud Technology Partner of the Year Award in the Application Development - DevOps category. This is the fifth consecutive year GitLab has been recognized. Over the past year, GitLab continued its momentum with Google Cloud to release several product improvements, including the expanded platform integrations to help developers work.

GTLB shares decline due to macro pressures and competition, but AI-driven DevSecOps adoption and key partnerships are promising.

A number of high-flying growth stocks have come back down to earth following the recent market pullback. Let's look at two that investors can consider buying this year, especially if the market once again starts to head lower.

GitLab excels in DevSecOps with AI integration, offering a unified platform for planning to compliance, attracting enterprise customers and boosting ARR by 52%. Financially strong, GitLab's revenue grew 29% YoY, maintaining a 91% gross margin, and free cash flow surged from $24.5M to $62.1M. GitLab's business model smartly combines open-core and subscription-based SaaS, with a successful "land and expand" strategy driving a net retention rate of 123%.

With the Nasdaq Composite down more than 13% from all-time highs reached in late 2024, this market sell-off is creating some potentially nice long-term buying opportunities in the technology sector.

Gitlab (GTLB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

There has been some significant market volatility this earnings season, with disappointing reports spooking some investors. One stock that got a reprieve following its earnings was DevSecOps platform GitLab (GTLB -3.21%), largely because investors liked its continued strong growth.

GitLab benefits from strong DevSecOps partnerships and AI-powered tools, but rising competition and high valuation make it a risky bet for investors.