Gitlab Down 35% in Six Months: Should You Buy, Sell or Hold the Stock?
Key Takeaways GTLB shares have plunged 34.8% in six months, lagging the sector despite DevSecOps demand. GitLab grew $100K ARR customers 23% and sees FY26 revenue near $946M, up about 25%. GTLB faces U.S. public sector delays, SMB weakness and stiff competition from Microsoft and Atlassian. Gitlab (GTLB) shares have plunged 34.8% in the trailing six-month period, underperforming the broader Zacks Computer & Technology sector’s rise of 7.9% and the Zacks Internet - Software industry’s decline of 22.4%.The u ...