GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
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The chart shows the growth of an initial investment of $10,000 in GitLab Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
GitLab Inc. Class A Common Stock (GTLB) has returned -40.57% so far this year and -41.09% over the past 12 months. Looking at the last ten years, GTLB has achieved an annualized return of -13.32%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of GitLab Inc. Class A Common Stock (GTLB) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.90% | -24.68% | -14.13% | 2.92% | ||||||||
| 2025 | 27.29% | -13.99% | -22.65% | -0.13% | -5.36% | -0.70% | -2.10% | 11.65% | -5.29% | 8.33% | -15.86% | -7.08% |
| 2024 | 15.46% | -0.18% | -18.49% | -9.80% | -11.78% | 3.80% | 3.16% | -8.10% | 10.53% | 4.27% | 14.39% | -12.08% |
| 2023 | 5.31% | -11.87% | -22.28% | -10.34% | 21.98% | 41.62% | -3.26% | -2.99% | -5.83% | -3.95% | 11.69% | 28.81% |
| 2022 | -26.80% | -9.75% | -6.06% | -11.93% | -18.69% | 34.40% | 8.75% | 5.37% | -11.28% | -5.74% | -20.63% | 15.59% |
| 2021 | 19.05% | -15.05% | -11.51% |
The charts below present risk-adjusted performance metrics for GitLab Inc. Class A Common Stock (GTLB) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of GTLB compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current GitLab Inc. Class A Common Stock volatility is 2.74%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Liabilities And Equity (USD) | 1.40B | 1.32B | 1.17B | 1.09B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - |
| Temporary Equity (USD) | - | - | - | - |
| Equity Attributable To Parent (USD) | 775.91M | 571.17M | 771.02M | 774.87M |
| Equity Attributable To Noncontrolling Interest (USD) | 45.40M | 46.76M | 53.71M | 24.40M |
| Equity (USD) | 821.31M | 617.93M | 824.73M | 799.27M |
| Noncurrent Liabilities (USD) | 32.93M | 37.85M | 38.18M | 50.57M |
| Other Current Liabilities (USD) | 497.28M | 624.53M | 280.34M | 203.80M |
| Wages (USD) | 40.23M | 35.81M | 20.78M | 32.82M |
| Accounts Payable (USD) | 7.52M | 1.74M | 5.18M | 4.98M |
| Current Liabilities (USD) | 545.03M | 662.07M | 306.30M | 241.60M |
| Liabilities (USD) | 577.96M | 699.93M | 344.48M | 292.17M |
| Other Non-current Assets (USD) | 41.10M | 32.26M | 41.54M | 30.04M |
| Intangible Assets (USD) | 17.83M | 1.73M | 3.90M | 6.29M |
| Fixed Assets (USD) | 4.01M | 2.95M | 5.80M | 3.27M |
| Noncurrent Assets (USD) | 62.95M | 36.94M | 51.24M | 39.60M |
| Current Assets (USD) | 1.34B | 1.28B | 1.12B | 1.05B |
| Assets (USD) | 1.40B | 1.32B | 1.17B | 1.09B |
As SpaceX considers going public, the article examines the cautionary tale of the 2021 IPO boom, where numerous companies were overvalued at peak hype and subsequently destroyed investor value. While SpaceX differs from 2021 IPO failures by being a scaled, revenue-generating business, it must still overcome investor skepticism and prove that IPO investors can actually achieve positive returns after years of underperformance.
The article highlights three undervalued tech stocks trading under $50 with potential to double: UiPath (PATH), a SaaS company transitioning to agentic AI orchestration with a forward P/S ratio of 3.6x; GitLab (GTLB), a DevSecOps platform trading at 3.4x forward P/S with new hybrid pricing and AI solutions; and SentinelOne (S), a cybersecurity firm at 4x forward P/S showing strong growth and recent strategic acquisitions.
The article identifies three beaten-down AI stocks with multibagger potential: SoundHound AI, which is developing voice-powered agentic AI for customer service; UiPath, transforming into an AI orchestration platform for managing software bots and AI agents; and GitLab, trading at a low valuation with growth potential from new pricing models and its Duo Agent Platform.
GitLab stock has plummeted 60% over the past year following conservative fiscal 2027 guidance (15-17% growth vs. analyst consensus). Despite solid Q4 results with 23% revenue growth and strong enterprise customer metrics, the company's shift to hybrid pricing and early-stage Duo Agent Platform adoption prompted cautious outlooks. However, the stock now trades at a cheap 3.7x price-to-sales multiple, potentially offering value for investors betting on a turnaround.
GitLab shares have fallen to long-term lows amid AI disruption fears, but the sell-off appears overdone. The company maintains strong cash flow, a solid balance sheet with no long-term debt, and has authorized a $400 million share buyback program. With institutional ownership at 95% and 13 consecutive quarters of buying, GitLab is well-positioned for an AI-driven future, with earnings estimates suggesting potential 100-200% upside from March lows.
GitLab stock has declined 10% in 2024 and 33% in 2025 despite consistent 25-35% revenue growth and strong fundamentals. The article argues that AI is a tailwind rather than a headwind for the DevSecOps platform, as code still needs to be securely stored and reviewed regardless of who writes it. Trading at a forward P/S of 5.5x and P/E of 24.5x, GitLab appears undervalued with significant upside potential in 2026.
The article highlights three technology stocks with potential for significant returns: IonQ in quantum computing with high-fidelity systems and ecosystem ambitions; UiPath in agentic AI orchestration with a low valuation; and GitLab in software development platforms, positioned to benefit from AI-driven coding trends despite being undervalued.
The article identifies three undervalued AI stocks with significant growth potential: UiPath, which is positioned to lead in AI agent orchestration; GitLab, which is unfairly penalized by AI-replacement fears despite strong growth; and SentinelOne, a cybersecurity company trading at a discount with upcoming catalysts including a Lenovo partnership and AI data leakage protection capabilities.
Both SoundHound AI and GitLab underperformed in 2025, with stocks down over 30-40%. However, both are positioned for potential rebounds in 2026. SoundHound is leveraging voice-powered AI agents through its Amelia platform, while GitLab continues strong revenue growth despite bearish narratives about AI replacing coders. The author favors GitLab as the better rebound candidate, citing attractive valuation, sticky platform characteristics, and underestimated growth opportunities.
GitLab reported strong Q3 earnings with 25% revenue growth, but shares dropped nearly 13.5% due to concerns about AI monetization and market uncertainty following Microsoft's AI sales challenges.