GTLB
GitLab Inc.

GitLab Inc.GTLB

Technology · Software - Infrastructure
48.62USD
-0.80%
Sep 25, 2026
GTLB overview ready
GitLab is an integrated DevSecOps platform provider adapting its lifecycle system of record for human-and-agent software delivery.
Narrative not measured
AI-Native Software DevelopmentEnterprise AI DevSecOps OrchestrationEnabling supplier
Advancing price action
Longer-term context reads early trend, with a near-term setup of daily advance.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Slower than expected adoption of AI features impacting revenue growth.
Market Sep 24Filing Jul 31Price action Sep 24Research Sep 15

Conviction Level

NarrativeHeat—ThemeHeat7.7PriceAction9.1Valuation6.2CompanyPosition7.3
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads early trend, with a near-term setup of daily advance.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$8.2B
Avg Volume (60D)
5.0M
60 sessions
Revenue Growth YoY
+25.8%
FY2026 vs FY2025
Gross Margin
+85.8%
Trailing twelve months
Operating Margin
-8.5%
Trailing twelve months
Free Cash Flow Yield
+2.6%
Distance from 200DMA
+51.9%
Next Earnings
2026-12-01
P/E
N/M
EV / Sales
7.5x
Market metrics as of Sep 24, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say fair; peers is the dissenting view.
GitLab Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

What changed

  • GitLab CFO's Stake Drops by Over 30,000 Shares Worth $1.6 Million After the Stock Hit a 52-Week High
    Dated 2026-09-20.
    2026-09-20 · source
  • GitLab (GTLB) Q2 2027 Earnings Call Transcript
    Dated 2026-09-08.
    2026-09-08 · source
  • Why GitLab Stock Surged This Week
    Dated 2026-09-06.
    2026-09-06 · source
  • GitLab (GTLB) Wins New Customers But Its Flex Model Clouds The Outlook
    Dated 2026-09-04.
    2026-09-04 · source

Company Research

Thesis
GitLab is an integrated DevSecOps platform provider adapting its lifecycle system of record for human-and-agent software delivery. Its platform combines source-code management, planning, CI/CD, security scanning, governance, and deployment workflows, while GitLab Duo Agent Platform adds AI-agent capabilities across those workflows.
Opportunity
Moderate opportunity
Enterprise spending on systems of record, governance, security, workflow context, and release controls that enable AI agents to participate reliably across the software-development lifecycle.
Key risk
Slower than expected adoption of AI features impacting revenue growth.

Narrative & Theme

AI-Native Software Development
Part of Enterprise AI DevSecOps Orchestration, with strong fit.
GTLB has a direct and credible exposure to enterprise adoption of AI-assisted and agentic software delivery, rather than merely generic enterprise-AI adjacency.
Narrative HeatNeutral6.8 / 10
This reading is no longer current (last measured 2026-09-04). It is kept until the next scheduled measurement replaces it.
Theme HeatHeating up7.7 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Infrastructure
What they do

GitLab Inc. develops and provides a single application platform that covers the entire software development lifecycle, enabling teams to plan, develop, secure, and deploy software collaboratively and efficiently.

How it earns

The company primarily generates revenue through subscription-based licensing of its software platform.

Products & services
GitLab DevSecOps platform
GitLab Duo Agent Platform
Customers & end markets
Software development teams
Enterprises across technology and other sectors
Market position

GitLab is a leader in the DevSecOps software infrastructure market, offering a comprehensive all-in-one platform.

Demand drivers
Low cyclicality

Demand for software development lifecycle tools remains steady across economic cycles due to ongoing digital transformation needs.