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The Latest Breaking News from GitLab

GitLab Stock Scores Rising Relative Strength Upgrade

GitLab Cl A shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 69 to 85.

Investors Business Daily

Stock Market Closes Sharply Lower For Second Straight Day On Interest-Rate Worries

The stock market extended losses to another day as more strong U.S. economic data pointed to more Fed hikes. Oil and tech stocks fell.

Investors Business Daily

Dow Jones Falls; Microsoft Ups Battle For Activision; Taiwan Semi To Build Second U.S. Fab To Make Chips For Apple, Others

Dow Jones slips; TSMC investing $40 billion in its U.S. factories; Gitlab and AutoZone rise after earnings; Microsoft increases its bid for ATVI.

Investors Business Daily

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Dow Jones Falls After Stock Market Sell-Off; JPMorgan Jumps On Upgrade; Tesla Extends Losses

The Dow Jones Industrial Average fell Tuesday, looking to rebound after Monday's stock market sell-off. JPMorgan jumped on a double upgrade.

Investors Business Daily

A new work anxiety: Will I be penalized for working from home?

In the "new normal" of the hybrid workplace, are remote and in-person workers going to be treated equally? It's a matter of hot debate right now.

WEKU

8 Analysts Have This to Say About GitLab

Over the past 3 months, 8 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.

Benzinga

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.

Benzinga

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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…

Benzinga

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…

Benzinga

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.

Benzinga

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.

Benzinga

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.

Benzinga

This chonky cyberdeck is proof that thinner isn’t always better

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

Input

What 6 Analyst Ratings Have To Say About GitLab

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

Benzinga

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Benzinga

12 Information Technology Stocks Moving In Wednesday's Intraday Session

Benzinga

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…

Benzinga

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…

Benzinga

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.

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Benzinga

Expert Ratings For GitLab

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

Benzinga

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.

Benzinga

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…

Benzinga

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.

Benzinga

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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