GitLab Stock News

SAN FRANCISCO--(BUSINESS WIRE)--All Remote-- GitLab Inc., the intelligent orchestration platform for DevSecOps, today announced new capabilities for the governed software factory, a connected system for moving software from idea to production under an organization's own policy and standards. These new innovations are designed to help organizations ship more AI-generated software to production w...

SAN FRANCISCO--(BUSINESS WIRE)--(All Remote)-- GitLab Inc., the intelligent orchestration platform for DevSecOps, today released GitLab 19.4. As agentic automation spreads from individual developers to entire engineering teams, what limits its reach is no longer what agents can do but how confidently an organization can extend it. GitLab 19.4 brings agentic automation to every surface developer...

GitLab shares (GTLB) gained 13% in trading Wednesday after the DevSecOps platform reported better-than-expected second-quarter results and raised its full-year revenue and profit forecasts. The results offered investors evidence that the growing use of artificial intelligence in software development could expand rather than weaken demand for GitLab's platform.

GitLab shares could be set to add one-quarter of their value in a single day.

GitLab Inc (NASDAQ:GTLB) reported second-quarter revenue and profit that beat analyst estimates, as the company's shift toward consumption-based artificial intelligence revenue gained momentum, sending its shares up more than 14% on Wednesday morning. The DevSecOps platform provider posted revenue of $286.3 million for the quarter, above the $273 million analysts had expected and up 21% year-ov...

Stock futures are mixed this morning as the market looks to rebound from a recent slump; Dell shares are surging after the tech giant reported strong results and boosted its forecasts; AI chipmaker Broadcom and database software firm Snowflake are set to report earnings this afternoon; GitLab shares are soaring after a strong quarterly report; and MongoDB stock is tumbling despite solid results...

Be wary of chasing the coding platform's recent rally, with shares already up 46% over the past three months.