GitLab Inc. – Consensus ‘buy’ rating and 31.4% Upside Potential

Broker Ratings
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GitLab Inc. with ticker code (GTLB) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 65 and 30 calculating the mean target price we have $45.50. Given that the stocks previous close was at $34.62 and the analysts are correct then there would likely be a percentage uptick in value of 31.4%. There is a 50 day moving average of $32.58 while the 200 day moving average is $45.02. The total market capitalization for the company now stands at 5.21B. The current share price for the company is: 34.05 USD

The potential market cap would be $6,844,957,630 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 2.86 and a -11.69% return on assets.

GitLab Inc. provides DevSecOps Platform, a single application that brings together development, operations, information technology, security, and business teams. The DevSecOps Platform is built on a single codebase, unified data model, and user interface. The Company allows organizations to deploy the DevSecOps Platform as a self-managed offering in their own hybrid-cloud, or on-premises environments, and as a software as a service offering, it is hosted in either the public cloud or in a private cloud based on the customer’s preference. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its DevSecOps platform is used by teams of all sizes across a range of industries. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. Its Free tier platform includes significant functionality for individual users and the paid tiers are for managers, directors, and executives.

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