Gitlab share price today

(GTLB)

Gitlab share price is $59.83 & ₹5,084.11 as on 21 Dec 2024, 2.30 'hrs' IST

$59.83

▲

4.17

(7.49%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Gitlab share price in Dollar and Rupees. Guide to invest in Gitlab from India. Also see the sentimental analysis on Indian investors investing in Gitlab. Get details on the Indian mutual funds that are investing in Gitlab. Get Analyst recommendations and forecasts along with all the Gitlab's financials.

Gitlab share price movements

Today's Low: $55.59
Today's High: $59.91
$59.83
7.09%
Downside
Day's Volatility :7.21%
Upside
0.13%
52 Weeks Low: $40.72
52 Weeks High: $78.53
$59.83
31.94%
Downside
52 Weeks Volatility :48.15%
Upside
23.81%

Gitlab Returns

Period	Gitlab Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	12.5%	6.0%	0.0%
6 Months	35.67%	3.3%	0.0%
1 Year	-5.32%	23.0%	0.0%
3 Years	-36.16%	39.0%	-19.7%

Gitlab Key Statistics

in dollars & INR

Previous Close	$55.66
Open	$55.69
Today's High	$59.91
Today's Low	$55.59
Market Capitalization	$9.0B
Today's Volume	$4.3M
52 Week High	$78.5299
52 Week Low	$40.72
Revenue TTM	$665.2M
EBITDA	$-162.8M
Earnings Per Share (EPS)	$-0.3
Profit Margin	-54.62%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-48.25%

How to invest in Gitlab from India?

It is very easy for Indian residents to invest directly in Gitlab from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Gitlab stock in both Indian Rupees (INR) and US Dollars (USD). Search for Gitlab or GTLB on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Gitlab or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Gitlab shares which would translate to 0.014 fractional shares of Gitlab as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Gitlab, in just a few clicks!

Returns in Gitlab for Indian investors in Rupees

Investment Value

₹1,00,000

Gitlab investment value today

Current value as on today

₹1,07,513

Returns

₹7,513

(+7.51%)

Returns from Gitlab Stock

₹5,317 (false-5.32%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Gitlab

116.36%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Investment in Gitlab from India has grown in the last 30 days as on Dec 21, 2024. 116.36% more purchase transactions for Gitlab in the last 30 days versus the previous period.

27%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Gitlab on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 27% more investors are searching Gitlab in the last 30 days versus the previous period.

Global Institutional Holdings in Gitlab

Vanguard Group Inc
7.55%
Alphabet Inc
6.01%
ICONIQ Capital, LLC
4.58%
BlackRock Inc
4.54%
HMI Capital Management, L.P.
2.98%
NORGES BANK
2.94%

Analyst Recommendation on Gitlab

Buy

83%Buy

16%Hold

0%Sell

Based on 30 Wall street analysts offering stock ratings for Gitlab(by analysts ranked 0 to 5 stars)

Based on 30 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Gitlab

What analysts predicted

Upside of 33.86%

Current:

$59.83

Target:

$80.09

Insights on Gitlab

Price Movement
In the last 7 days, GTLB stock has moved up by 2.1%
Increasing Revenue
Revenue is up for the last 19 quarters, 29.51M → 196.04M (in $), with an average increase of 9.9% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, -54.64M → 29.56M (in $), with an average increase of 289.1% per quarter
GTLB vs NET (1 yr)
In the last 1 year, Cloudflare Inc. has given 32.8% return, outperforming this stock by 38.2%
GTLB vs DDOG (3 yr)
In the last 3 years, Gitlab Inc. has experienced a drawdown of -36.9%, however Datadog Inc resisted the overall trend and outperformed by 21.1%
Price to Sales
ForGTLB every $1 of sales, investors are willing to pay $14.2, whereas for Cloudflare Inc., the investors are paying $24.3 for every $1 of sales.

Gitlab Financials in INR & Dollars

	FY20	Y/Y Change
Revenue	$81.2M	-
Net Income	$-130.7M	-
Net Profit Margin	-160.96%	-

	FY21	Y/Y Change
Revenue	$152.2M	↑ 87.35%
Net Income	$-192.2M	↑ 47.0%
Net Profit Margin	-126.3%	↑ 34.66%

	FY22	Y/Y Change
Revenue	$252.7M	↑ 66.03%
Net Income	$-157.6M	↓ 18.02%
Net Profit Margin	-62.36%	↑ 63.94%

	FY23	Y/Y Change
Revenue	$424.3M	↑ 67.95%
Net Income	$-180.7M	↑ 14.68%
Net Profit Margin	-42.58%	↑ 19.78%

	FY24	Y/Y Change
Revenue	$579.9M	↑ 36.66%
Net Income	$-424.2M	↑ 134.74%
Net Profit Margin	-73.15%	↓ 30.57%

	Q3 FY23	Q/Q Change
Revenue	$139.6M	↑ 10.01%
Net Income	$-50.1M	↓ 5.33%
Net Profit Margin	-35.88%	↑ 5.81%

	Q4 FY23	Q/Q Change
Revenue	$149.7M	↑ 7.23%
Net Income	$-285.2M	↑ 469.4%
Net Profit Margin	-190.53%	↓ 154.65%

	Q1 FY24	Q/Q Change
Revenue	$163.8M	↑ 9.43%
Net Income	$-36.5M	↓ 87.21%
Net Profit Margin	-22.27%	↑ 168.26%

	Q2 FY24	Q/Q Change
Revenue	$169.2M	↑ 3.3%
Net Income	$-54.6M	↑ 49.85%
Net Profit Margin	-32.3%	↓ 10.03%

	Q3 FY24	Q/Q Change
Revenue	$182.6M	↑ 7.92%
Net Income	$12.9M	↓ 123.7%
Net Profit Margin	7.09%	↑ 39.39%

	Q4 FY24	Q/Q Change
Revenue	$196.0M	↑ 7.37%
Net Income	$29.6M	↑ 128.32%
Net Profit Margin	15.08%	↑ 7.99%

	FY20	Y/Y Change
Profit	$71.9M	-

	FY21	Y/Y Change
Profit	$133.7M	↑ 86.1%

	FY22	Y/Y Change
Profit	$222.7M	↑ 66.53%

	FY23	Y/Y Change
Profit	$372.7M	↑ 67.36%

	FY24	Y/Y Change
Profit	$520.2M	↑ 39.59%

	Q3 FY23	Q/Q Change
Profit	$124.9M	↑ 10.58%

	Q4 FY23	Q/Q Change
Profit	$134.6M	↑ 7.77%

	Q1 FY24	Q/Q Change
Profit	$147.8M	↑ 9.81%

	Q2 FY24	Q/Q Change
Profit	$150.4M	↑ 1.77%

	Q3 FY24	Q/Q Change
Profit	$161.2M	↑ 7.18%

	Q4 FY24	Q/Q Change
Profit	$173.9M	↑ 7.88%

	FY20	Y/Y Change
Operating Cash Flow	$-60.2M	-
Investing Cash Flow	$-842.0K	-
Financing Cash Flow	$271.3M	-

	FY21	Y/Y Change
Operating Cash Flow	$-73.6M	↑ 22.29%
Investing Cash Flow	$-842.0K	↑ 0.0%
Financing Cash Flow	$12.9M	↓ 95.23%

	FY22	Y/Y Change
Operating Cash Flow	$-49.8M	↓ 32.3%
Investing Cash Flow	$-53.9M	↑ 6300.83%
Financing Cash Flow	$701.2M	↑ 5316.65%

	FY23	Y/Y Change
Operating Cash Flow	$-77.4M	↑ 55.39%
Investing Cash Flow	$-605.7M	↑ 1023.83%
Financing Cash Flow	$97.5M	↓ 86.1%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$27.1M	↓ 347.32%
Investing Cash Flow	$-89.4M	↓ 466.8%
Financing Cash Flow	$18.0M	↑ 139.78%

Gitlab Technicals Summary

Sell

Neutral

Buy

Gitlab is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Gitlab Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Gitlab Inc.	-7.67%	35.67%	-5.32%	-36.16%	-42.41%
Snowflake Inc.	-2.95%	33.25%	-15.02%	-53.56%	-34.51%
Mongodb, Inc.	-22.13%	5.01%	-39.72%	-55.46%	85.58%
Datadog Inc	3.89%	26.14%	22.02%	-16.82%	295.4%
Cloudflare Inc.	8.11%	43.37%	33.65%	-17.63%	549.88%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Gitlab Inc.	NA	NA	NA	0.13	-0.48	-0.08	NA	3.63
Snowflake Inc.	NA	NA	7.15	0.81	-0.22	-0.11	NA	15.51
Mongodb, Inc.	NA	NA	1.67	2.92	-0.2	-0.06	NA	14.7
Datadog Inc	272.09	272.09	0.93	1.77	0.09	0.01	NA	7.77
Cloudflare Inc.	NA	NA	2.35	0.75	-0.11	-0.03	NA	2.84

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Gitlab Inc.	Buy	$9.0B	-42.41%	NA	-54.62%
Snowflake Inc.	Buy	$54.2B	-34.51%	NA	-31.73%
Mongodb, Inc.	Buy	$18.3B	85.58%	NA	-12.08%
Datadog Inc	Buy	$49.9B	295.4%	272.09	7.58%
Cloudflare Inc.	Buy	$37.3B	549.88%	NA	-5.97%

Gitlab Dividend announcements

Gitlab Earnings
Gitlab’s price-to-earnings ratio stands at None
Read More

About Gitlab

gitlab is an open source tool used by developers to create and manage code bases collaboratively. built on git, which is a very popular and efficient distributed version control system, gitlab gives you all the tools needed for git repository management from code reviews to issue tracking and more.

Organization	Gitlab
Employees	2130
CEO	Mr. Sytse Sijbrandij
Industry	Technology

Management People of Gitlab

Name	Title
Mr. Sytse Sijbrandij	Co-Founder, Chairman, President & CEO
Mr. Brian G. Robins	CFO & Interim Chief Accounting Officer
Ms. Robin J. Schulman J.D.	Chief Legal Officer, Head of Corporate Affairs & Corporate Secretary
Mr. Christopher Weber	Chief Revenue Officer
Mr. James Shen	Director of Corporate Finance
Ms. Sabrina Farmer	Chief Technology Officer
Ms. Kelsey Doherty Turcotte	Vice President of Investor Relations
Ms. Christina Weaver	Director of Corporate Communications
Mr. Eliran Mesika	Vice President of Corporate Development
Ms. Ashley Kramer	Chief Marketing & Strategy Officer

Important FAQs about investing in Gitlab from India :

What is Gitlab share price today?

Gitlab share price today stands at $59.83, Open: $55.69 ; Previous Close: $55.66 ; High: $59.91 ; Low: $55.59 ; 52 Week High: $78.53 ; 52 Week Low: $40.72. The stock opens at $55.69, after a previous close of $55.66. The stock reached a daily high of $59.91 and a low of $55.59, with a 52-week high of $78.53 and a 52-week low of $40.72.

Can Indians buy Gitlab shares?

Yes, Indians can invest in the Gitlab (GTLB) from India.

With INDmoney, you can buy Gitlab at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Gitlab at zero transaction cost.

How can I buy Gitlab shares from India?

It is very easy to buy Gitlab from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Gitlab be purchased?

Yes, you can buy fractional shares of Gitlab with INDmoney app.

What are the documents required to start investing in Gitlab stocks?

To start investing in Gitlab, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.