Olemedia Since its October 2021 IPO, GitLab (NASDAQ:GTLB), the cloud-based DevOps platform that helps software developers share their code and collaborate on projects, has lost around 47.5% of its value while the S&P 500 has gone up by more than 17% during the same period. Data by YCharts One of the reasons for this underperformance is annual revenues have increased but at a slower pace since 2021, it is loss-making and has been consuming cash in operations. However, progress was made on cash flow gener ...

The most recent trading session ended with GitLab Inc. (GTLB) standing at $53.36, reflecting a +1.7% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%.Prior to today's trading, shares of the company had lost 4.96% over the past month. This has lagged the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05% in that time.The investment community will be ...

The latest trading session saw GitLab Inc. (GTLB) ending at $56.38, denoting a +0.53% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.02%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.The the stock of company has fallen by 5.08% in the past month, leading the Computer and Technology sector's loss of 5.13% and undershooting the S&P 500's loss of 3.01%.Analysts and investors alike will be keeping a close eye on the performan ...

The latest trading session saw GitLab Inc. (GTLB) ending at $52.56, denoting a -1.78% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the company have depreciated by 6.48% over the course of the past month, underperforming the Computer and Technology sector's loss of 1.64% and the S&P 500's loss of 1.66%.Market participants will be cl ...

The most recent trading session ended with GitLab Inc. (GTLB) standing at $57.07, reflecting a -1.79% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 1.46%. Elsewhere, the Dow lost 1.24%, while the tech-heavy Nasdaq lost 1.63%.Shares of the company have appreciated by 6.1% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.33% and the S&P 500's gain of 1.6%.Analysts and investors alike will be keeping a ...

Raymond James upgraded software stock GitLab Inc (NASDAQ:GTLB) to "outperform" from "market perform" this morning, establishing a price target of $70. The analyst in coverage said that based on their analysis, GitLab's growth rate should "approach or exceed 30% year over year" as fiscal year 2025 progresses. This comes just a few days after Wells Fargo initiated coverage on the stock with an "overweight" rating. At last glance, GTLB was up 1.1% at $58.77, earlier as high as $59.87. The $60 level has provide ...

SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., ​​the most comprehensive AI-powered DevSecOps platform, today announced that it has received the 2024 Google Cloud Technology Partner of the Year Award in the Application Development - DevOps category. This is the fourth consecutive year GitLab has been recognized. GitLab was recognized for its achievements in Application Development - DevOps within the Google Cloud ecosystem. Over the past year, GitLab has expanded its strategic pa ...

Nearly one month off a weaker-than-expected quarterly earnings and revenue outlook for 2025, software giant GitLab (GTLB) is struggling to maintain any fortuitous gains on the charts. The shares are now off more than 10% in 2024 and have pulled back to the $54 for support more than once in the past few weeks. Another trendline is also moving in, however — one with historically bullish implications that could be a saving grace for the underperforming tech name.Per data from Schaeffer’s Senior Quantitative An ...

PixelsEffect/E+ via Getty Images Life after a stock price speed bump There is a famous song-famous to me, anyway, with lyrics by Dorothy Fields and composed by Jimmy McHugh and which was the hit of a show, Blackbirds, first performed in 1928. The song is “I Can’t Give You Anything But Love.” It has become an American Standard and it has a certain timeless quality-it was recently performed by Lady Gaga. Why do I bring this up at the start of an article about GitLab? (NASDAQ:GTLB) Part of the lyrics go, “ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) (Address of Principal Executive Offices) Zip Code Not Applicable (Mark One) (Registrant's telephone number, including area code) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 Not Applicable or [ ] TRANSITION REPORT PURSUANT ...