15 stories mentioning GTLB
Every FINWIRES story that references GTLB, newest first.
Gitlab (GTLB) has an average rating of Hold and mean price target of $33.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $31.82, Change: $+0.70, Percent Change: +2.25%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:GTLB delivered strong Q1 results with revenue of $264.2M (+23% Y/Y) beating consensus by $9.6M and non-GAAP EPS of $0.23 exceeding expectations by $0.03. Non-GAAP operating margin expanded 200 bps to 14%, reflecting meaningful profitability improvement from 12% in the prior year. However, customer metrics showed deceleration with customers above $5K ARR growing 7% Y/Y and those above $100K ARR up 18%, both slower than prior quarter, while dollar-based net retention declined 100 bps sequentially to 117%. Management detailed its restructuring plan involving a 14% workforce reduction of 350 employees and exiting 22 countries, expecting $30-35M in pre-tax charges with $19M anticipated in Q2. The company guided FY 27 revenue of $1,112-1,118M above consensus and non-GAAP EPS of $0.79-0.82, also beating Street estimates. Strong cash generation continued with operating cash flow of $149.2M (+40% Y/Y) and the company repurchased 2.4M shares during the quarter.
US benchmark equity indexes were mostly higher intraday as investors evaluated fresh labor market data and continued to monitor Middle East developments.The Dow Jones Industrial Average was up 0.3% at 51,225.9 after midday Tuesday, while the S&P 500 rose 0.1% to 7,606.1. The Nasdaq Composite was little changed at 27,093.8. The indexes notched fresh closing highs in the previous session.Among sectors, utilities paced the gainers intraday Tuesday, while communication services saw the biggest decline.In economic news, US job openings hit their highest level in almost two years in April, while hiring and layoffs fell, official data showed."Job openings jumped to their highest level in nearly two years, but this likely overstates the strength of the labor market, as the increase didn't translate into a higher hiring rate," Oxford Economics said in a note. "The result should be taken with a grain of salt and doesn't suggest a sudden tightening of labor market conditions is ahead."Official data are expected to show Friday that the US economy added 95,000 nonfarm jobs in May, compared with a 115,000 increase reported for the previous month, according to a Bloomberg poll.West Texas Intermediate crude oil was up 1.6% at $93.59 a barrel intraday Tuesday, while Brent rose 1.1% to $96.04.Israel and Lebanon kicked off high-stakes talks in the US as renewed hostilities between Israel and Iran-backed Hezbollah threaten to derail peace talks between Washington and Tehran, CNN reported.Negotiations with Iran have been "going on continuously," US President Donald Trump said Tuesday."Where they lead, one never knows, but as I told Iran, 'It's time, one way or another, for you to make a deal'," Trump said in a social media post.On Monday, Iranian state-affiliated outlet Tasnim reported that the country suspended talks with the US in retaliation to Israel's military action in Lebanon.US Treasury yields were mixed intraday Tuesday, with the 10-year rate down two basis points at 4.46%, and the two-year rate little changed at 4.05%.In company news, Hewlett Packard Enterprise (HPE) shares jumped nearly 16%, the second-top gainer on the S&P 500. Late Monday, the information technology company lifted its full-year outlook and reported stronger-than-expected fiscal second-quarter results.Marvell Technology (MRVL) shares surged 29% intraday Tuesday after Nvidia (NVDA) Chief Executive Jensen Huang reportedly said Marvell could be the next chip company to join the trillion-dollar club.Palo Alto Networks (PANW), Ulta Beauty (ULTA) and GitLab (GTLB) are expected to report their latest quarterly financial results after the closing bell Tuesday, along with others.Gold was up 0.3% at $4,517.60 per troy ounce, while silver rose 0.4% to $75.54 per ounce.
The benchmark US stock measures were tracking in the red before the opening bell Tuesday amid uncertainty over the status of peace talks between the US and Iran.The S&P 500 and the Nasdaq edged down 0.1% each in premarket activity, while the Dow Jones Industrial Average was off 0.2%. All three indexes logged new closing highs in the previous trading session.In a social media post on Monday, President Donald Trump said that talks with Iran were continuing "at a rapid pace." The post came after Trump told CNBC in an interview earlier on Monday that he "couldn't care less" if negotiations with Tehran failed.Iranian state-affiliated outlet Tasnim reportedly said Monday that the country suspended talks with Washington in retaliation to Israel's military action in Lebanon. In a separate social media post, Trump said he spoke to Israeli Prime Minister Benjamin Netanyahu and Iran-backed Hezbollah representatives, with both agreeing to stop the fighting."These shifting conditions alongside continued kinetic skirmishes between the parties are likely to further erode Iranian trust as officials have already cited the fluidity of priorities as a point of friction with Iran making clear that nuclear dialogue is contingent on successful negotiations to end the war and reopen the Strait of Hormuz," Tudor Pickering Holt said in a note on Monday.West Texas Intermediate crude oil declined 1.2% to $91.06 a barrel before the opening bell, while Brent decreased 1.1% to $93.90.Tuesday's thin economic calendar has the Job Openings and Labor Turnover Survey for April at 10 am ET. Federal Reserve Bank of Cleveland President Beth Hammack is scheduled to speak at 8:30 am.Treasury yields were down in premarket action, with the two-year rate retreating 3.9 basis points to 4.01% and the 10-year rate falling 4.7 basis points to 4.43%.Shares of Marvell Technology (MRVL) jumped 24% pre-bell after the company finished Monday trading with a 7% gain. Hewlett Packard Enterprise (HPE) rose 26% as the information technology firm lifted its full-year outlook and reported stronger-than-expected fiscal second-quarter results.Alphabet's (GOOG, GOOGL) class A and C shares declined more than 2% each as the Google parent disclosed plans to raise $80 billion in equity for artificial intelligence infrastructure expansion.Dollar General (DG), Donaldson (DCI), Victoria's Secret (VSCO) and Signet Jewelers (SIG) report their latest financial results before the bell, among others. Palo Alto Networks (PANW), Ulta Beauty (ULTA) and GitLab (GTLB) post earnings after the markets close.Gold gained 1.2% to $4,561 per troy ounce, while bitcoin dropped 2.7% to $69,539.
GitLab (GTLB) shares were up about 4.1% in Friday trading after the company said late Thursday it released version 19.0 of its platform to expand secrets management, continuous integration visibility, and supply chain governance.The software company introduced the public beta of its secrets manager to store credentials and restrict access exclusively to authorized jobs, it added.The update expands developer flow capabilities across the merge request lifecycle and provides component analytics for shared infrastructure oversight, the company said.The self-hosted agent platform now incorporates four additional open-source models to assist teams operating in restricted or regulated environments, GitLab added.The latest release also features dependency scanning and security configuration profiles to help developers track third-party components and enforce safety policies, it said.Price: $26.59, Change: $+0.97, Percent Change: +3.77%
Gitlab (GTLB) said in a Tuesday regulatory filing that the board's executive chair Sytse Sijbrandij converted all of his class B common stock holdings into class A shares on May 14.Each class B share entitles the holder to cast 10 votes per share compared with a single vote per share for the class A stock, according to the filing.The conversion was executed for Sijbrandij's personal tax planning matters, according to the company.Price: $25.19, Change: $+0.10, Percent Change: +0.40%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our target price to $24 from $27, on a forward EV/S of 2.6x our FY 27 (Jan.) sales projection of $1.11 billion. We maintain our FY 27 EPS projection at $0.80 and our FY 28 EPS forecast at $1.04. Earlier this week, GTLB announced a global restructuring plan to optimize its operational footprint, flatten the organization, and reorganize its teams and processes for better efficiency. The company intends to shrink the number of R&D teams and the number of countries by up to 30% where it has small teams, while improving operational efficiency with greater use of AI and automation. Cost savings realized from this global restructuring initiative will be reinvested into accelerating its growth objectives. A transition of this scale adds execution risk to the business in the short term, in our view, although management reaffirmed its FY 27 outlook. The company will provide more details of the financial impact at its upcoming Q1 earnings call on June 2.
Gitlab (GTLB) has an average rating of Hold and mean price target of $30.63, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Gitlab (GTLB) said Tuesday it has deepened its integration with Amazon (AMZN)-backed Anthropic's Claude models, enabling customers to access the latest capabilities within its existing governance, compliance and audit framework.The integration includes the newly released Claude 4.7 Opus via Alphabet's (GOOG, GOOGL) Google Cloud and Amazon Web Services' Bedrock. This setup allows organizations to route artificial intelligence workloads through their existing hyperscaler contracts and meet specific data residency requirements, Gitlab said.GitLab also said it has joined the Claude Marketplace, enabling customers to purchase GitLab credits using their existing Anthropic spending commitments.Price: $22.62, Change: $+1.17, Percent Change: +5.45%
Gitlab (GTLB) has an average rating of Hold and mean price target of $30.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Gitlab (GTLB) shares will be range-bound with limited near-term upside to estimates due to multiple headwinds, RBC Capital Markets said in a Monday research report.Challenges include difficult premium-price increase compares, first-order sales transition risks, rising corporate layoffs, geopolitical volatility, and competitor concerns, the analysts said.While the long-term opportunity as a DeVSecOps platform is lucrative and the Duo Agent platform could serve as a medium-term catalyst, it does not contribute to short-term results, according to the report.RBC downgraded the stock to sector perform from outperform and cut its price target to $25 per share from $33.Price: $21.33, Change: $-0.09, Percent Change: -0.42%
Gitlab (GTLB) has an average rating of hold and mean price target of $32.08, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Sytse Sijbrandij, Director, on April 15, 2026, sold 116,200 shares in Gitlab (GTLB) for $2,413,474.SEC Filing:https://www.sec.gov/Archives/edgar/data/1653482/000165348226000053/xslF345X05/wk-form4_1776375056.xml
Gitlab (GTLB) has an average rating of overweight and mean price target of $33.54, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
GitLab (GTLB) said late Tuesday it expanded its collaboration with Alphabet's (GOOGL, GOOG) Google Cloud, allowing customers to use Google's Vertex AI models to power the GitLab Duo Agent Platform.The integration lets joint customers call Google's AI models directly inside GitLab, with that usage counting toward their existing Google Cloud spending commitments. GitLab said the move pairs Google's model performance with GitLab's built-in security, compliance and audit controls.GitLab shares rose 6.5% in after-hours trading, and Alphabet was little changed.