GTLB (GitLab Inc. Class A Common Stock) Stock Analysis - News

GitLab Inc. Class A Common Stock (GTLB) is a publicly traded Technology sector company. As of May 21, 2026, GTLB trades at $26.52 with a market cap of $4.24B and a P/E ratio of -94.66. GTLB moved +4.95% today. Year to date, GTLB is -28.82%; over the trailing twelve months it is -46.77%. Its 52-week range spans $18.73 to $74.18. Analyst consensus is neutral with an average price target of $31.11. Rallies surfaces GTLB's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in GTLB news today?

GitLab’s Major Overhaul Triggers Raymond James Rating Cut to Market Perform: GitLab announced a major internal overhaul on May 12, prompting Raymond James to cut its rating from Outperform to Market Perform, citing execution risks in reorganizing the business structure. The move highlights concerns over potential operational disruptions and near-term cost pressures.

GTLB Key Metrics

Key financial metrics for GTLB
MetricValue
Price$26.52
Market Cap$4.24B
P/E Ratio-94.66
EPS$-0.28
Dividend Yield0.00%
52-Week High$74.18
52-Week Low$18.73
Volume5.95M
Avg Volume0
Revenue (TTM)$906.25M
Net Income$-48.74M
Gross Margin88.01%

Latest GTLB News

Recent GTLB Insider Trades

  • Sijbrandij Sytse sold 10.79K (~$259.98K) on May 18, 2026.
  • Sijbrandij Sytse sold 105.41K (~$2.63M) on May 18, 2026.
  • Sijbrandij Sytse sold 116.20K (~$2.41M) on Apr 15, 2026.

GTLB Analyst Consensus

23 analysts cover GTLB: 0 strong buy, 6 buy, 15 hold, 2 sell, 0 strong sell. Consensus rating is neutral. Average price target: $31.11.

Common questions about GTLB

What changed in GTLB news today?
GitLab’s Major Overhaul Triggers Raymond James Rating Cut to Market Perform: GitLab announced a major internal overhaul on May 12, prompting Raymond James to cut its rating from Outperform to Market Perform, citing execution risks in reorganizing the business structure. The move highlights concerns over potential operational disruptions and near-term cost pressures.
Does Rallies summarize GTLB news?
Yes. Rallies summarizes GTLB news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is GTLB research on Rallies investment advice?
No. Rallies provides research, data, and educational context for GTLB. It does not provide personalized investment advice.
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