GitLab Inc. (NASDAQ:GTLB) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.Analysts expect the Providence, Rhode Island-based company to report quarterly earnings at 20 cents per share, down from 23 cents per share in the year-ago period. The consensus estimate for GitLab's quarterly revenue is $239.32 million, compared to $196.05 million a year earlier, according to data from Benzinga Pro.On Sept. 3, GitLab reported quarterly earnings of 24 cents per share, whic ...

One fund just cut its GitLab stake even as the company posts rising margins and accelerating growth—here’s what long-term investors should watch now.On November 14, Connecticut-based Stadium Capital Management disclosed a sale of 61,700 GitLab shares in the third quarter.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, Stadium Capital Management sold 61,700 shares of GitLab (GTLB +1.21%) during the third quarter. The transaction contributed to the position's val ...

Industry Overview - The AI industry is experiencing rapid expansion, presenting significant investment opportunities due to rising demand for AI-driven technologies [1] - The market is expected to become more fragmented, allowing for a broader range of companies to benefit from AI growth [2] Company Analysis: Alphabet - Alphabet's vertically integrated AI infrastructure and diverse revenue streams support its growth, with over 2 billion daily users providing a substantial distribution advantage [3] - The company primarily generates revenue from advertising, with AI tools like Gemini optimizing ad performance and expanding query volume in Google Search [4] - AI initiatives are crucial for the growth of Google Cloud, attracting clients with custom AI chips that enhance performance and reduce costs [5] - Alphabet's AI technology extends beyond search and cloud, with applications in autonomous vehicles through Waymo and healthcare via Isomorphic Laboratories and Verily [7] - The latest AI model, Gemini 3, shows significant advancements in reasoning and multimodal understanding, enhancing its capabilities in complex tasks [8] - Alphabet generates substantial profits, funding its AI infrastructure investments, and despite a nearly 60% stock increase in 2025, it remains undervalued with a forward P/E ratio around 30 [9] Company Analysis: GitLab - GitLab's stock has declined about 40% this year due to leadership changes and conservative revenue guidance amid competitive pressures [10] - The company offers a web-based platform for software development, available as both SaaS and self-managed solutions [11] - GitLab integrates AI across its software development lifecycle with features like GitLab Duo, enhancing developer productivity [13] - The company reported a total revenue of $236 million in the latest quarter, a 29% year-over-year increase, with a non-GAAP operating income of $39.6 million [14] - GitLab's customer base for high-value accounts increased by 25% year-over-year, and it has a dollar-based net retention rate of 121%, indicating strong customer spending growth [15] - The transition to a hybrid pricing model linked to its AI-powered platform is viewed as a key growth driver [15]

Core Insights - GitLab Inc. is a significant player in the DevSecOps platform industry, providing tools for software development, security, and operations [1] - The company is set to release its quarterly earnings on December 2, 2025, with Wall Street anticipating an earnings per share of $0.20 and projected revenue of $239.3 million [1][5] - The upcoming financial results will cover the third quarter of fiscal year 2026, ending on October 31, 2025, and will be disclosed after U.S. markets close [2] Financial Metrics - GitLab's price-to-sales ratio is 7.79, indicating that investors are willing to pay $7.79 for every dollar of sales, reflecting confidence in the company's revenue-generating potential [3][5] - The enterprise value to sales ratio is slightly lower at 7.49, suggesting a similar valuation perspective [3] - GitLab's enterprise value to operating cash flow ratio is high at 153.49, indicating a high valuation relative to its cash flow, which may imply expectations of significant future growth [4] - The current ratio of 2.60 demonstrates GitLab's strong ability to cover short-term liabilities with short-term assets, showcasing financial stability [4][5]

Core Insights - GitLab and Atlassian are pivotal in the enterprise DevSecOps and software workflow landscape, aiding engineering teams in planning, building, securing, and shipping software at scale as AI transforms code management [1][2] - The DevSecOps market is projected to grow from $10 billion in 2025 to $37 billion by 2035, with a CAGR of 14%, indicating a shift towards secure, integrated, automation-heavy DevOps tools [2] GitLab Overview - GitLab offers a unified, security-native DevSecOps platform that integrates source code, CI/CD automation, vulnerability scanning, policy enforcement, and deployment into a single environment, addressing multi-tool sprawl [4][5] - The platform's AI integration enhances automation, contextual code suggestions, and security remediation within CI/CD pipelines, reducing manual steps and accelerating secure releases [5][6] - GitLab's fiscal 2026 EPS is estimated at 83 cents, reflecting a 12.16% year-over-year increase, driven by rising demand for integrated DevSecOps automation [6] Atlassian Overview - Atlassian provides a complementary approach to DevSecOps, focusing on coordination, governance, and workflow orchestration through tools like Jira, Bitbucket, and Confluence [7][8] - Recent AI enhancements in Atlassian's tools improve issue detection, workflow optimization, and auditability, which are crucial for maintaining governance in fast-paced development cycles [9][10] - The fiscal 2026 EPS estimate for Atlassian is $4.70, indicating a 27.72% year-over-year increase, showcasing its role as a governance backbone in modern DevSecOps [10] Performance Comparison - Year-to-date, GitLab shares have declined by 24.5%, while Atlassian shares have dropped by 40.8%, indicating steadier demand for GitLab's security-native platform compared to Atlassian's broader suite [11] - GitLab trades at a forward price-to-sales ratio of 6.5X, slightly above Atlassian's 5.64X, reflecting its focused approach to end-to-end DevSecOps and stronger AI monetization potential [14] Conclusion - Both GitLab and Atlassian benefit from the increasing adoption of DevSecOps, but GitLab's unified architecture and deeper AI integration provide a competitive edge in the current market [18]

Core Insights - GitLab Inc. will have its CEO Bill Staples and Interim CFO James Shen present at the UBS Global Technology and AI Conference on December 4, 2025 [1] Company Information - The presentation will take place in Scottsdale, Arizona, at 10:15 a.m. Mountain Time [1] - The event will be available for live webcast [1]

Core Viewpoint - November presents a favorable opportunity for investors to acquire undervalued stocks, particularly in the AI sector, as tax-loss harvesting may lead to attractive pricing Group 1: Meta Platforms - Meta Platforms' share price declined significantly after its third-quarter results, primarily due to aggressive spending rather than poor performance, which remains strong [2][5] - The company is leveraging AI to enhance ad revenue by providing engaging content to users and improving ad targeting, resulting in a 26% revenue increase last quarter, with ad impressions up 14% and average ad prices rising 10% [3] - Meta has begun serving ads on WhatsApp and Threads, presenting new revenue opportunities, and despite its metaverse investments, it continues to generate strong free cash flow, making it an attractive buy [5] Group 2: Pinterest - Pinterest's stock price fell sharply post-earnings report, but it is now trading at a forward P/E ratio of just 13x, indicating a potential bargain [6] - The company reported a 17% year-over-year revenue growth and a 24% increase in adjusted EBITDA last quarter, showcasing its strong performance [6] - Pinterest is experiencing growth in international user additions and average revenue per user (ARPU), and it has successfully transformed its platform into a shoppable discovery site using AI [8][9] Group 3: GitLab - GitLab's stock has been undervalued despite consistent revenue growth exceeding 25%, attributed to its seat-based subscription model [10][12] - The perception that AI will reduce the need for coders is misleading, as GitLab's AI Duo solution is enhancing productivity among developers [12][13] - GitLab is transitioning to a hybrid seat-plus-usage pricing model, which is expected to drive growth and improve its value proposition, with a price-to-sales multiple below 6.4 based on 2026 estimates [13]

Core Insights - The US stock market is undergoing a transition, with mid-cap stocks becoming increasingly attractive due to pro-growth policies from the Trump administration, which are expected to enhance domestic competitiveness [2][3] - Historically, mid-cap stocks have outperformed both large-cap and small-cap stocks, with the S&P Mid-Cap 400 Index showing an annualized return of approximately 9.27% from June 2000 to June 2025 [2] - Hedge funds are shifting their focus away from large-cap stocks, as evidenced by significant reductions in exposure to mega-cap stocks in Q3 2025 [3] Mid-Cap Stock Analysis - Denison Mines Corp. (NYSE:DNN) has a market cap of $2.14 billion and a stock upside potential of 34.45%. The company reported progress in uranium production, achieving 2,000 tons of high-grade ore and over 85,000 lbs U3O8 in Q3 [8][9] - GitLab Inc. (NASDAQ:GTLB) has a market cap of $7.38 billion and a stock upside potential of 34.66%. Analysts expect GitLab to report revenue and earnings above consensus, driven by strong subscription and SaaS growth [12][13]

GitLab Inc. (NASDAQ:GTLB) is one of the AI Stocks Analysts are Tracking Closely. On November 10, Piper Sandler analyst Rob Owens reiterated an Overweight rating on the stock with a $70.00 price target. The rating affirmation comes ahead of GTLB’s upcoming third-quarter earnings report, set for release on December 8. The firm believes that developer activity strength and positive infrastructure trends will likely lead to a 3Q beat and modest raise for GitLab. Its top ideas for upcoming prints are GTLB and ...

Core Insights - Baron Fifth Avenue Growth Fund gained 5.7% in Q3 2025, underperforming the Russell 1000 Growth Index (10.5%) and the S&P 500 Index (8.1%) [2] - Year-to-date, the Fund is up 14.4%, compared to 17.2% and 14.8% for its benchmarks [2] Top Contributors to Performance - NVIDIA Corporation's shares rose 18.1% due to its strong position in AI infrastructure, with a long-term total addressable market (TAM) expansion from $1 trillion to between $3 and $4 trillion [3] - Shopify Inc. saw a 28.6% increase in shares, driven by a 30% year-over-year revenue growth and a 29% increase in gross merchandise volume (GMV) [4][5] - Tesla, Inc. shares increased by 40.0%, supported by record delivery volumes, renewed investor confidence in leadership, and advancements in AI initiatives [6] Top Detractors from Performance - The Trade Desk's shares declined 31.9% due to in-line earnings and competitive pressures, particularly from Amazon's entry into the market [7] - Intuitive Surgical, Inc. shares fell 17.7% as system placements in the U.S. did not meet expectations, compounded by financial pressures on hospital customers [8] - MercadoLibre, Inc. shares decreased by 10.6% due to macroeconomic pressures in Argentina and increased competition from Amazon, despite strong quarterly results [9] Recent Activity - The Fund initiated a small investment in Figma and added to existing holdings in KKR, Alphabet, Taiwan Semiconductor, and CrowdStrike, funded by reducing positions in seven other holdings [10]