GitLab upgraded by Needham with a new price target
$GTLB
Computer Software: Prepackaged Software
Technology
Needham upgraded GitLab from Hold to Buy and set a new price target of $70.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $70.00 | Hold → Buy | Needham |
| 10/9/2024 | $70.00 | Overweight | Morgan Stanley |
| 8/27/2024 | $80.00 → $66.00 | Buy | BofA Securities |
| 8/27/2024 | $59.00 | Outperform | Robert W. Baird |
| 4/12/2024 | $70.00 | Mkt Perform → Outperform | Raymond James |
| 4/9/2024 | $70.00 | Overweight | Wells Fargo |
| 3/22/2024 | $72.00 | Overweight | CapitalOne |
| 3/19/2024 | $70.00 | Overweight | KeyBanc Capital Markets |
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13 analysts have shared their evaluations of GitLab (NASDAQ:GTLB) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 5 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 4 3 3 0 0 3M Ago 1 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $61.31, a high estimate of $80.00, and a low estimate of $50.00. A negative shift in sentiment is evident as analysts have decrea
Added support for iPhones, iPads, and patch management makes migrations simpler than ever with open-source Fleet Fleet, the open-source device management platform, today announced support for iOS devices, including iPads and iPhones. This support, along with its GitOps capabilities, patch management, and easy migration path, is driving fintech leaders to choose Fleet's open-source platform for MDM. This significant shift highlights Fleet's growing influence in the device management space and demonstrates that even the most established financial institutions can transition away from legacy MDM. This press release features multimedia. View the full release here: https://www.businesswire.com/
SAN FRANCISCO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced it was named a Leader in the 2024 Gartner Magic Quadrant for DevOps Platforms1. The Magic Quadrant, which evaluated 11 vendors, recognized GitLab as a Leader based on "Completeness of Vision" and "Ability to Execute." GitLab is the only vendor to be named a Leader in both the 2024 Gartner Magic Quadrant for DevOps Platforms and the 2024 Gartner Magic Quadrant for AI Code Assistants2. According to Gartner, Leaders execute well against their current vision and are well positioned for tomorrow. The report states, "DevOps platforms provide an int
Second Quarter Fiscal Year 2025 Highlights: Total revenue of $182.6 million, up 31% year-over-yearSignificant year-over-year GAAP and Non-GAAP operating margin expansionOperating cash flow of $11.7 million and Non-GAAP adjusted free cash flow of $10.8 million SAN FRANCISCO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- All-Remote-GitLab Inc. (NASDAQ:GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its second quarter fiscal year 2025, ended July 31, 2024. "Organizations need to deliver software faster to accelerate performance and respond to intense competition," said Sid Sijbrandij, GitLab CEO and co-founder. "Our results show the combination of our
Needham upgraded GitLab from Hold to Buy and set a new price target of $70.00
Morgan Stanley initiated coverage of GitLab with a rating of Overweight and set a new price target of $70.00
BofA Securities reiterated coverage of GitLab with a rating of Buy and set a new price target of $66.00 from $80.00 previously
4 - Gitlab Inc. (0001653482) (Issuer)
4 - Gitlab Inc. (0001653482) (Issuer)
4 - Gitlab Inc. (0001653482) (Issuer)
Second Quarter Fiscal Year 2025 Highlights: Total revenue of $182.6 million, up 31% year-over-yearSignificant year-over-year GAAP and Non-GAAP operating margin expansionOperating cash flow of $11.7 million and Non-GAAP adjusted free cash flow of $10.8 million SAN FRANCISCO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- All-Remote-GitLab Inc. (NASDAQ:GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its second quarter fiscal year 2025, ended July 31, 2024. "Organizations need to deliver software faster to accelerate performance and respond to intense competition," said Sid Sijbrandij, GitLab CEO and co-founder. "Our results show the combination of our
SAN FRANCISCO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., (NASDAQ:GTLB), the most comprehensive AI-powered DevSecOps Platform, today announced that it will report its financial results for the second quarter of fiscal year 2025, which ended July 31, 2024, after U.S. markets close on Tuesday, September 3, 2024. Management will host a conference call and webcast on the same day to discuss the company's financial results at 4:30 p.m. EST / 1:30 p.m. PST. GitLab Second Quarter Fiscal 2025 Financial Results Conference Call and Webcast When: Tuesday, September 3, 2024 Time: 4:30 p.m. EST / 1:30 p.m. PST Earnings Call Registration: https://bit.ly/3WxrJ
First Quarter Fiscal Year 2025 Highlights: Total revenue of $169.2 million, up 33% year-over-yearSignificant year-over-year GAAP and Non-GAAP operating margin expansionOperating cash flow of $38.1 million and Non-GAAP adjusted free cash flow of $37.4 million SAN FRANCISCO, June 03, 2024 (GLOBE NEWSWIRE) -- GitLab Inc. (NASDAQ:GTLB), The DevSecOps Platform, today reported financial results for its first quarter fiscal year 2025, ended April 30, 2024. "GitLab continues to differentiate our platform with AI-driven software innovations that are streamlining how customers build, test, secure, and deploy software," said Sid Sijbrandij, GitLab CEO and co-founder. "Our results
SC 13G/A - Gitlab Inc. (0001653482) (Subject)
SC 13G/A - Gitlab Inc. (0001653482) (Subject)
SC 13G/A - Gitlab Inc. (0001653482) (Subject)
144 - Gitlab Inc. (0001653482) (Subject)
8-K - Gitlab Inc. (0001653482) (Filer)
144 - Gitlab Inc. (0001653482) (Subject)
SAN FRANCISCO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced the appointment of Sabrina Farmer as its chief technology officer (CTO). Farmer will lead GitLab's software engineering, operations, and customer support teams to execute the company's technical vision and strategy and oversee the development and delivery of GitLab's products. She joins GitLab after a 19-year career at Google where she most recently served as vice president of engineering, core infrastructure. During her tenure with Google, she was directly responsible for the reliability, performance, and efficiency of all of Google's billion-u
SAN FRANCISCO, June 30, 2023 (GLOBE NEWSWIRE) -- GitLab Inc., the most comprehensive AI-powered enterprise DevSecOps platform, today announced the appointment of Erin Mannix as chief accounting officer. She will succeed Dale Brown, current principal accounting officer, who is retiring but will remain with the company in an advisory role through October 2023 to ensure a seamless transition. Mannix will be responsible for providing overall accounting leadership spanning technical accounting, reporting and operations in addition to leading the financial reporting process and SOX controls. She brings 20 years of experience in accounting and a strong background in information technology
SAN FRANCISCO, June 13, 2023 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered enterprise DevSecOps platform, today announced the appointment of Josh Lemos as Chief Information Security Officer (CISO). He will be responsible for leading the company's global security strategy and compliance initiatives, fortifying the GitLab DevSecOps platform, and ensuring the highest level of security for customers. Lemos brings over 20 years of experience leading information security programs and teams at high-growth technology companies to GitLab. He most recently served as CISO at Block (formerly known as Square), and previously held senior security executive r