Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overpriced
Target Price
The average target price of GTLB is 53 and suggests 43% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
