Currently, there are 145.89M common shares owned by the public and among those 136.62M shares have been available to trade.
The company’s stock has a 5-day price change of -7.94% and 2.34% over the past three months. GTLB shares are trading -17.63% year to date (YTD), with the 12-month market performance down to -23.87% lower. It has a 12-month low price of $37.90 and touched a high of $74.18 over the same period. GTLB has an average intraday trading volume of 3.98 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.17%, -7.28%, and -21.22% respectively.
Institutional ownership of Gitlab Inc (NASDAQ: GTLB) shares accounts for 74.10% of the company’s 145.89M shares outstanding.
It has a market capitalization of $7.09B and a beta (3y monthly) value of 0.74. The stock’s trailing 12-month PE ratio is 430.29, while the earnings-per-share (ttm) stands at $0.10. The company has a PEG of 23.02 and a Quick Ratio of 2.42 with the debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.36% over the week and 3.93% over the month.
Earnings per share for the fiscal year are expected to increase by 1.52%, and 24.57% over the next financial year. EPS should shrink at an annualized rate of 18.69% over the next five years, compared to 46.64% over the past 5-year period.
Looking at the support for the GTLB, a number of firms have released research notes about the stock. Rosenblatt stated their Buy rating for the stock in a research note on July 15, 2025, with the firm’s price target at $58. Goldman coverage for the Gitlab Inc (GTLB) stock in a research note released on June 11, 2025 offered a Neutral rating with a price target of $50. Macquarie was of a view on December 12, 2024 that the stock is Outperform, while Needham gave the stock Buy rating on October 21, 2024, issuing a price target of $70. Morgan Stanley on their part issued Overweight rating on October 09, 2024.
