GTLB Stock Recent News
GTLB LATEST HEADLINES
Gitlab (GTLB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
After tech investors licked their wounds yesterday on the launch of the Chinese artificial intelligence (AI) chatbot DeepSeek, today they saw an opportunity from the upheaval.
GitLab leverages AI to enhance software development, integrating security and AI throughout the development lifecycle, driving significant growth. Since my buy recommendation on June 11, 2024, GitLab's stock has risen 44%, outperforming the S&P 500's 14% increase. This article reviews GitLab's Q3 FY 2025 performance, valuation, and risks, emphasizing its potential as a leader in Agentic AI.
GTLB, a San Francisco-based DevOps platform provider, reported $196 million in 3Q25 revenues, showing 31% y/y and 7.1% q/q growth. Clients with over $5K and $100K ARR increased to 9.52K and 1.14K, representing 16% and 31% y/y growth, respectively. Operating margins improved from -26.67% to -14.29%. Apart from industry tailwinds, GTLB's new AI solutions and growth strategy that focuses on helping enterprises consolidate point solutions will help with topline growth.
BRLT, GTLB, BBCP, BAK and KMX have been added to the Zacks Rank #1 (Strong Buy) List on January 23, 2025.
Investors faced a unique dynamic in 2024, with a range of catalysts dominating the mind share of most investors.
Growth stocks have been helping propel the stock market higher for the past decade. Although the market has been off to a choppy start in 2025, there is good reason to believe that growth stocks can continue to lead it higher in the years ahead.
GitLab ( GTLB ) is the $9 billion pioneer of a leading DevOps platform serving the various needs of software developers, operations, and security teams. Their code hosting and collaboration platform services offer continuous integration, source code management, out-of-the-box pipelines, agile development, and value stream management.
When searching for stocks that have the potential to be the next big artificial intelligence (AI) winners, stocks with market capitalizations (market caps) under $10 billion offer a good place to start. These companies have a lot more room to grow and their stocks to move much higher if their businesses prove to be highly successful.
Cathie Wood is the CEO and chief investment officer of Ark Invest. Over the last several years, she has earned a reputation for making overly bullish calls on companies that may typically lack the full attention of the rest of Wall Street.