$ 48.02
Key Takeaways
Risk factor
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
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overpriced on P/FC.
Target Price
The average target price of GTLB is 62 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
