Fundamentals:
The Google-Gitlab partnership improved the fundamentals of this company. Earnings and sales are growing. This stock IPOed two years ago. A growing amount of funds are accumulating this stock. Forecasted earnings were lowered for 2025, but still positive. I cannot gauge the EPS growth yet because the stock is still too new. However, A quality funds...
GitLab's ( NASDAQ:GTLB ) short interest has witnessed a notable decline, signaling a shift in market sentiment. With a 14.54% drop since the last report, this decrease may suggest growing optimism among investors. Short interest acts as a barometer of market sentiment, and a decline often indicates a bullish outlook.
Navigating Stock Price Dynamics:
On March 8,...
GTLB did a deep dive shaving 20% off its market cap after the earnings report. I see this
big dip as a buying opportunity for a software company stock at a significant discount more or
less ignoring the adverse forward guidance as fluff or purposeful misleading of investors
and traders to create a bit of a bear trap from which to launch a squeeze to propel...
Greetings, fellow investors! In this technical analysis, we explore the Elliott Wave patterns shaping the landscape of GitLab (NASDAQ: GITLAB). As of the current evaluation, the stock is positioned at a critical juncture, poised for the completion of wave 4, with a nuanced focus on the unfolding wave ((c)).
Wave 4 Overview:
Having traversed through waves 1, 2,...
The stock price prediction for GitLab Inc. ( NASDAQ:GTLB ) involves a technical analysis pattern known as the reverse head and shoulders, indicating a potential bullish reversal in the stock's price. This pattern, recognizable by its distinct formation resembling a head with two shoulders on either side, but inverted, suggests that after a period of downward...
Gitlab is showing unbelivable strength at 70 and it's possible that we see higher prices. Growth stocks appear to be too persistent to want to go down despite today's strength in $DXY. Good luck traders!
GitLab is an Open Source code repository and collaborative software development platform for large DevOps and DevSecOps projects. GitLab is free for individuals. GitLab offers a location for online code storage and capabilities for issue tracking and CI/CD.
Tight 1-month consolidation at multi-month highs, combined with an uptick in volume.
Fundamentals :
The Google-Gitlab partnership improved the fundamentals of this company. Earnings and sales are growing. It is not what I classify as a super stock yet. Cashflow is still negative, as it is still early. It IPOed two years ago. A growing amount of funds are accumulating this stock. However, sales are not accelerating yet and there are some data...
#GitLab ( NASDAQ:GTLB ) showcases robust Q3 2023 performance with a 32% YoY revenue growth. Boasting increased adoption and positive fiscal year guidance, GitLab maintains a bullish outlook above $53.00-$54.00, targeting an upside potential of $88.00-$90.00.
#GTLB #StockTrading
GitLab posted adjusted earnings of 1 cent per share on $140 million in revenue. Meanwhile, analysts polled by LSEG anticipated a loss of 3 cents per share and revenue of $130 million. The company’s current-quarter revenue outlook was also better than analysts’ forecast.
GitLab Inc. is an open-core company that operates GitLab, a DevOps software package which can develop, secure, and operate software.
"Based on 14 Wall Street analysts offering 12 month price targets for Gitlab in the last 3 months. The average price target is $53.77 with a high forecast of $70.00 and a low forecast of $39.00. The average price target represents...
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"Recognia has detected that GitLab Inc (GTLB on NASDAQ) has entered Wave A of its Elliott Wave cycle. This bearish signal indicates that the price may fall from the previous close of 49.56 to the next Elliott Wave target price of 45.30."
its next earning is on September 8.
I'm trading GTLB to the $65 zone ...
According TipRanks, the average price target is $51.80 with a high forecast of $70.00 and a low forecast of $39.00.
GitLab is a leading DevSecOps platform that offers companies a comprehensive system for secure software development and deployment. With its emphasis on security testing throughout the development process, GitLab has gained significant traction in the market, outpacing point solutions that address singular issues.
Following its first-quarter earnings report,...
Gitlab is scheduled to report F1Q24 on Monday, June 5th after the market close. Based on Google searches, there is a healthy debate regarding AI’s impact to the future of code development, the broader DevSecOps opportunity, and how GitLab is positioned to disrupt it.
The company is making steady progress introducing new AI features in the platform along with...
