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The Latest Breaking News from GitLab

GitLab's Return on Invested Capital Insights

According to Benzinga Pro data, during Q1, GitLab (NASDAQ:GTLB) posted sales of $87.41 million. Earnings were up 43.09%, but GitLab still reported an overall loss of $26.61 million.

Cloudflare Services Suffer Brief Outage In India

Cloudflare Services Suffer Brief Outage In India

Cloudflare, Inc (NYSE:NET) services suffered an outage in the India region for an hour, the TechCrunch reports. The outage has disrupted several services, including Discord, online insurer Acko, GitLab, and SaaS platform OSlash. Users also faced difficulties accessing Shopify, Udemy, Canva, BookMyShow, and Zerodha, DownDetector disclosed. Cloudflare has identified the issue and looked to resolve…

Here's What Analysts Had To Say About GitLab Post Q1 Beat

Here's What Analysts Had To Say About GitLab Post Q1 Beat

Analysts acknowledged GitLab Inc's (NASDAQ:GTLB) Q1 beat by re-rating the stock. RBC Capital analyst Matthew Hedberg maintained GitLab with an Outperform and raised the price target from $64 to $66. GitLab reported a solid start to the year as execution continued in its third quarter as a public company, Hedberg noted. Revenue growth again accelerated while RPO…

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Why Gitlab Shares Are Rising Today

Gitlab Inc (NASDAQ: GTLB) shares are trading higher by 21.7% at $48.50 after the company reported better-than-expected first-quarter adjusted EPS and sales results and issued second-quarter adjusted EPS and sales guidance above estimates.

What 9 Analyst Ratings Have To Say About GitLab

Over the past 3 months, 9 analysts have published their opinion on GitLab (NASDAQ:GTLB) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Gitlab Shares Surge As Q1 Results Surpass Street Expectations

Gitlab Inc (NASDAQ: GTLB) reported first-quarter FY23 revenue growth of 75% year-over-year to $87.4 million, beating the consensus of $77.81 million.

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The Chonky Palmtop, designed by Daniel Norris, fits a seven-inch screen and a swiveling Corne Keyboard into a portable package.

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What 6 Analyst Ratings Have To Say About GitLab

What 6 Analyst Ratings Have To Say About GitLab

Within the last quarter, GitLab (NASDAQ:GTLB) has observed the following analyst ratings:

12 Information Technology Stocks Moving In Wednesday's Intraday Session

12 Information Technology Stocks Moving In Wednesday's Intraday Session

GitLab Shares Critical Technical Vulnerability That Could Compromise Users, Accounts

GitLab Shares Critical Technical Vulnerability That Could Compromise Users, Accounts

GitLab Inc (NASDAQ:GTLB) has addressed a critical severity vulnerability, Bleeping Computer reports. GitLab urged users to immediately upgrade all GitLab installations to the latest versions to block potential attacks. "Our investigation shows no indication that users or accounts have been compromised, but we're taking precautionary measures for our users' security," GitLab assured. The glitch…

GitLab Shares Pop As Analysts See Sharp Upside Post Q4

GitLab Shares Pop As Analysts See Sharp Upside Post Q4

Analysts painted sharp upside to GitLab Inc (NASDAQ:GTLB) post strong Q4 results that included a notable top-line beat and FY23 guidance ahead of Street expectations. Truist analyst Joel Fishbein lowered the PT to $105 from $175 (217.2% upside) and kept a Buy, citing the change in discount rate assumptions since the IPO. KeyBanc analyst Michael Turits lowered…

Why GitLab Shares Are Rising

Why GitLab Shares Are Rising

GitLab Inc (NASDAQ: GTLB) is surging Tuesday morning after the company reported better-than-expected financial results and issued guidance above estimates.

Expert Ratings For GitLab

Expert Ratings For GitLab

Analysts have provided the following ratings for GitLab (NASDAQ:GTLB) within the last quarter:

Why GitLab Shares Are Surging After Hours

Why GitLab Shares Are Surging After Hours

GitLab Inc (NASDAQ: GTLB) is trading higher in Monday's after-hours session following better-than-expected fourth-quarter financial results.

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Here's Why RBC Capital Sees Sharp Upside In GitLab

RBC Capital analyst Matthew Hedberg upgraded GitLab Inc (NASDAQ:GTLB) to Outperform from Sector Perform with an unchanged $90 price target, suggesting a 35% upside. The analyst cites the stock's "more reasonable valuation" after a pullback in price. Hedberg adds that he remains bullish on GitLab taking a significant share in the estimated $40 billion DevSecOps…

Expert Ratings For GitLab

Over the past 3 months, 14 analysts have published their opinion on GitLab (NASDAQ:GTLB) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

GitLab Shares Gain After JPMorgan Upgrade, Thanks To Microsoft & ServiceNow

JPMorgan analyst Sterling Auty upgraded GitLab Inc (NASDAQ:GTLB) to Overweight from Neutral with an unchanged price target of $99, suggesting an upside of 62%. The analyst calls the company a "Growth All-Star" with a current valuation of less than 18-times 2022 revenue. The results from Microsoft Corp (NASDAQ:MSFT) and ServiceNow Inc (NYSE:NOW) validate that the fundamentals in software continue…

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