Here is How to Spot Oversold Stocks This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering GTLB in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 47.4% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term. Moreover, GTLB currently has a ...

GitLab Dedicated for Government, the company's new single-tenant managed SaaS offering, will meet FedRAMP requirements from the U.S. government to provide customers with the benefits of a DevSecOps platform, with an added focus on data residency, isolation, and private networking to meet security and compliance requirements. "Achieving the FedRAMP In Process milestone demonstrates GitLab's commitment to government agencies and customers in highly regulated industries where adherence to stringent data compli ...

SAN FRANCISCO, June 25, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced it has achieved "In Process" designation at the Moderate impact level from the Federal Risk and Authorization Management Program (FedRAMP). GitLab Dedicated for Government, the company's new single-tenant managed SaaS offering, will meet FedRAMP requirements from the U.S. government to provide customers with the benefits of a DevSecOps platform, with an added focus ...

https://www.globenewswire.com/NewsRoom/AttachmentNg/42087f1e-bfad-42cd-b5dc-12232d2be85e CxOs consider developer productivity a critical operational metric—but are unsure how to measure it Media Contact GitLab Inc. press@gitlab.com Perceptions of AI risk, training, and skills vary between executives and staff To access the full 2024 DevSecOps Report, click here. CxOs and staff are not aligned on the topics of AI, risk, and training Efforts to fix security vulnerabilities are hindered by organizational red t ...

SAN FRANCISCO, June 25, 2024 (GLOBE NEWSWIRE) -- ALL REMOTE -- GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today released its 8th annual Global DevSecOps Report on the current state of software development. In April 2024, GitLab surveyed over 5,300 CxOs, IT leaders, developers, and security and operations professionals worldwide on their successes, challenges, and main priorities for implementing DevSecOps. Perceptions of AI risk, training, and skills vary between executives and staff ...

What is DevOps? The company raised fiscal Q2 2025 EPS of 9 cents to 10 cents, beating 5 cents consensus analyst estimates. Revenues are expected to be between $176 million to $177 million versus $176.75 million. GitLab raised fiscal full year 2025 EPS to 34 cents to 37 cents, up from previous guidance of 19 cents to 23 cents, versus 21 cents consensus estimates. Full-year revenues were raised from $733 million to $737 million, up from previous estimates of $725 million to $731 million versus $731.42 million ...

GitLab is leveraging AI to boost the potency of its portfolio. It has introduced AI throughout the entire software development cycle that improves productivity and security without sacrificing speed. Customers are fast adopting its AI offerings Gitlab Duo and GitLab Duo Pro. GitLab has more than 30 million registered users on its platform. More than 50% of Fortune 100 are GitLab customers. GitLab's robust portfolio has been driving clientele expansion. Enterprises, including NVIDIA (NVDA) and Google Cloud, ...

The integrations combine GitLab's comprehensive DevSecOps platform capabilities, including source code management, planning, CI/CD workflow, and advanced security and compliance with Google Identity Access Management, Workload Identity Federation, Google Cloud Artifact Registry, and Google Compute Engine. Key customer benefits of the integrations include: Supporting Quotes: About GitLab ♥ GitLab SAN FRANCISCO, June 12, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevS ...

Luis Alvarez/DigitalVision via Getty Images Introduction & investment thesis GitLab (NASDAQ:GTLB) is a DevSecOps platform that helps companies reduce their software development cycle times and improve productivity. I upgraded the stock from a "hold" to a "buy" rating when I last covered it on March 17th, and my thesis was predicated on my belief that the post-Q4 earnings selloff had created a buying opportunity given the underlying strength in growing enterprise penetration and operating leverage. Unfortuna ...

The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the nearterm price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stoc ...