I maintain a buy rating for GitLab stock, with a revised price target of ~$92. GTLB's revenue grew 31% y/y to $196 million in the latest quarter, with significant EBIT margin expansion and raised FY25 revenue guidance. Encouraging metrics include a 48.1% y/y increase in RPO and strong adoption of the Ultimate subscription tier, particularly in the public sector.
GitLab continues to perform exceptionally well, with strong execution and growth, but its high valuation keeps me from investing currently. Q3 results were impressive, with a 31% YoY revenue growth and raised guidance, despite a slight drop in Dollar-Based Net Retention Rate. New CEO Bill Staples brings valuable experience, and AI integration is a key focus, enhancing GitLab's competitive edge.
Palantir Technologies (PLTR 0.47%) has become one of the best performing stocks in the market this year, up more than 340% year to date as of this writing. However, the stock's strong performance has also left it with one of the most hefty valuations in the space.
GitLab Inc. offers a highly differentiated AI-based DevSecOps platform, driving 30.9% revenue growth and 13.2% operating margin, with a “Buy” rating and $85 target price. Key differentiators include AI-assisted workflows, rapid innovation through open-source contributions, and strategic partnerships with major cloud providers like AWS and Alphabet. GitLab Ultimate significantly boosts bookings ...
GitLab Inc. (NASDAQ:GTLB ) Q3 2025 Earnings Conference Call December 5, 2024 4:30 PM ET Company Participants Kelsey Turcotte - VP, IR Sid Sijbrandij - Co-Founder and Executive Chair of the Board Brian Robins - CFO Bill Staples - CEO Conference Call Participants Koji Ikeda - Bank of America Sanjit Singh - Morgan Stanley Matt Hedberg - RBC Joel Fishbein - Truist Kash Rangan - Goldman Sachs Shreni...
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