SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive, intelligent DevSecOps platform, today announced that GitLab Chief Executive Officer Bill Staples and GitLab Interim Chief Financial Officer James Shen will present at the UBS Global Technology and AI Conference in Scottsdale, Ariz., on Thursday, December 4, 2025. The fireside chat is scheduled for 10:15 a.m. Mountain Time and will be webcast live at the following link: cc.webcasts.com/ubsx001/12012. ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank, helping investors identify securities likely to outperform the market in the short term [3][4] - Each stock receives a rating from A to F, with A indicating a higher likelihood of outperformance [4] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [4] Growth Score - The Growth Style Score assesses a company's financial health and future outlook based on projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Style Score identifies optimal times to invest based on price trends and earnings estimate changes [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking attractive value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [9] Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with lower ranks, even with good Style Scores, may still face downward price pressure due to negative earnings outlooks [11] Company Spotlight: GitLab Inc. (GTLB) - GitLab is a leading provider of a DevSecOps platform, currently rated 3 (Hold) with a VGM Score of B [12] - The company has a strong Momentum Style Score of A, with shares increasing by 2.6% over the past four weeks [12] - Analysts have revised GitLab's earnings estimate upwards, with the Zacks Consensus Estimate rising by $0.08 to $0.83 per share, and an average earnings surprise of +37.6% [13]

Core Insights - GitLab's recent earnings report showed strong performance, with shares increasing by approximately 7% since the last report, outperforming the S&P 500 [1] - The company reported non-GAAP earnings of 24 cents per share for Q2 fiscal 2026, exceeding estimates by 50%, and total revenues of $236 million, a 29.2% year-over-year increase [2] Financial Performance - Subscription revenues, which include self-managed and SaaS, accounted for 90.1% of total revenues, rising 30.3% year over year to $212.7 million [3] - SaaS revenues specifically surged 39% year over year, driven by strong adoption of GitLab Dedicated and AI integration [3] - Customers with over $5K in Annual Recurring Revenue (ARR) increased by 11% to 10,338, while those with over $100K in ARR rose by 25% to 1,344 [4] - The dollar-based Net Retention Rate was reported at 121% [4] Operating Expenses - Non-GAAP research and development expenses increased by 16.8% year over year to $52.3 million, while sales and marketing expenses rose by 15.5% to $89.6 million [5] - General and administrative expenses increased by 20.7% year over year to $30.2 million, resulting in an operating income of $39.6 million compared to a loss of $18.2 million in the previous year [5] Balance Sheet and Cash Flow - As of July 31, 2025, GitLab had cash and cash equivalents of $1.16 billion, up from $1.10 billion in April 2025 [6] - The company generated a cash flow from operations of $49.4 million, a significant improvement from an operating cash outflow of $106.3 million in the previous quarter [6] Guidance - For Q3 fiscal 2026, GitLab expects revenues between $238 million and $239 million, indicating approximately 23% year-over-year growth [8] - The company anticipates non-GAAP operating income of $31-$32 million and earnings per share between 19 cents and 20 cents [8] - For the full fiscal year 2026, GitLab projects revenues between $936 million and $942 million, reflecting a growth of approximately 24% year over year [8][9] Market Sentiment - There has been a positive trend in estimates revisions, with the consensus estimate shifting by 25.19% in the past month [10] - GitLab currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [12] Industry Comparison - GitLab operates within the Zacks Internet - Software industry, where another player, BILL Holdings, reported a revenue increase of 11.5% year over year [13] - BILL Holdings has a Zacks Rank 3 (Hold) and a VGM Score of D, contrasting with GitLab's stronger growth score of A [11][14]

Core Insights - GitLab Inc. has been recognized as a Leader in the 2025 Gartner Magic Quadrant for DevOps Platforms, marking its third consecutive year in this position [1] - The evaluation included 10 vendors, highlighting GitLab's comprehensive and intelligent DevSecOps platform [1] - This recognition follows GitLab's recent designation as a Leader in the Gartner Magic Quadrant for AI Code Assistants [1] Company Performance - GitLab's consistent performance in industry evaluations underscores its strong market position and innovation in DevOps solutions [1] - The company's advancements in AI integration within its platform contribute to its leadership status [1] Industry Trends - The recognition in the Gartner Magic Quadrant reflects a growing emphasis on the importance of DevOps platforms in streamlining development processes [1] - The competitive landscape for DevOps solutions is intensifying, with multiple vendors being evaluated for their capabilities [1]

Group 1 - GitLab Inc. (NASDAQ:GTLB) is viewed positively by Guggenheim, which initiated coverage with a "Buy" rating and a price target of $70, driven by expectations that AI will boost demand for its software platform [1][2] - The increase in developer headcount due to AI adoption is expected to lead to substantial usage of GitLab's software platform, benefiting the company [2] - Analysts believe that AI code assistants will enhance developer workflows and complement GitLab's DevSecOps platform, with a high retention rate of over 95% indicating strong enterprise focus [3] Group 2 - GitLab provides an integrated platform for the entire DevOps lifecycle, offering tools for software development, security, and operations, facilitating collaboration, project management, and automation [4] - Despite the positive outlook for GitLab, some analysts suggest that other AI stocks may present greater upside potential and lower downside risk [5]

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies stocks with upward or downward trends in price or earnings outlook, utilizing one-week price changes and monthly earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7][8] - There are over 800 top-rated stocks available, making it essential for investors to use Style Scores to identify the best investment opportunities [9] Stock Highlight: GitLab Inc. (GTLB) - GitLab is a leading provider of a DevSecOps platform, currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B and a Momentum Style Score of A, having increased by 22.7% in the past four weeks [11] - Nine analysts have revised GitLab's earnings estimate higher for fiscal 2026, with the Zacks Consensus Estimate rising by $0.06 to $0.81 per share, and an average earnings surprise of +37.6% [12]

Core Insights - GitLab has experienced a stock decline following its earnings release, despite beating earnings expectations and raising full-year adjusted EPS forecasts, due to cautious revenue guidance and leadership changes [1][4] - The company is actively pursuing growth in the AI-integrated DevSecOps space, with initiatives like the GitLab Duo Agent Platform aimed at enhancing developer productivity [2] - GitLab's market capitalization is currently $7.6 billion, and its stock has underperformed the broader market, down 18.9% year-to-date and 18.1% over the past 52 weeks [2][3] Financial Performance - In Q2 fiscal 2026, GitLab reported a 29% year-over-year revenue increase to $236 million, surpassing consensus estimates [5] - The company achieved a non-GAAP operating margin of 17%, an improvement from 10% a year earlier, indicating strong operational enhancements [5] - Despite a strong Q2 report, GitLab's stock fell 7.4% on September 4 due to soft forward revenue guidance and the announcement of CFO Brian Robins' departure [4] Stock Performance - GitLab's stock is currently trading at a premium compared to the sector median, at 9.46 times forward sales [4] - The stock price is approximately 38.4% below its 52-week high of $74.18, reached on January 31 [3]

Key Takeaways GitLab Q2 EPS of $0.24 beat estimates, with revenue up 29.2% year over year at $236 million.Subscription revenue climbed 30.3% to $212.7M, driven by SaaS adoption and expanding customer base.Despite solid growth, GTLB shares fell 9.57% in pre-market trading after reporting results.GitLab (GTLB) reported second-quarter fiscal 2026 non-GAAP earnings of 24 cents per share, beating the Zacks Consensus Estimate by 50%. The company reported earnings of 15 cents per share in the year-ago quarter.Tota ...

Core Insights - GitLab (GTLB) is expected to report second-quarter fiscal 2026 revenues between $226 million and $227 million, reflecting a year-over-year growth of approximately 24% [1][10] - The Zacks Consensus Estimate for revenues stands at $226.57 million, indicating a 24.09% increase from the previous year [2] - Non-GAAP earnings per share are anticipated to be between 16 cents and 17 cents [1] Revenue Growth Factors - The anticipated revenue growth is attributed to ongoing investments in innovation across GitLab's core DevOps platform, security, and AI-driven solutions [4] - The adoption of GitLab Duo, particularly Duo Enterprise, is expected to drive growth as customers integrate AI capabilities into their workflows [5] - GitLab's strong dollar-based net retention rate of 122% in the first quarter of fiscal 2026 suggests continued growth potential from existing customers [6] Clientele Expansion - GitLab's expanding customer base, including significant growth in customers with over $5K and $100K of Annual Recurring Revenue (ARR), indicates its ability to attract and retain large enterprise clients [7] - Collaborations with major cloud platforms like AWS and Google Cloud are likely to enhance GitLab's market presence and customer engagement [14][16] Competitive Landscape - Despite strong growth prospects, GitLab shares have underperformed compared to the Zacks Computer & Technology sector and Microsoft, with a year-to-date decline of 14.8% [8][10] - GitLab's stock is currently trading at a premium, with a forward Price/Sales ratio of 7.55X compared to the industry average of 5.71X, indicating a stretched valuation [11] Strategic Partnerships - A three-year collaboration agreement with AWS aims to expand access to GitLab Dedicated, enhancing compliance and reducing costs for organizations in regulated industries [15] - The integration with Google Cloud services is expected to streamline developer workflows, thereby increasing customer engagement and adoption [16]

Core Insights - GitLab Inc. (NASDAQ: GTLB) is a mid-cap technology firm leading in the DevSecOps platform approach for software development and delivery, but it has not performed well for its shareholders this year [1] Company Overview - GitLab is recognized for its innovative contributions to the DevSecOps sector, which integrates security into the software development lifecycle [1] Shareholder Performance - The company has faced challenges in delivering value to its shareholders in the current year, indicating potential issues in financial performance or market conditions [1]