GTLB

Gitlab Inc - Ordinary Shares - Class A

TMT, Software


Presented:08/26/2024
Price:$47.30
Cap:$7.52B
Current Price:$54.42
Cap:$8.73B

Presented

Date08/26/2024
Price$47.30
Market Cap$7.52B
Ent Value$7.28B
P/E RatioN/A
Book Value$3.57
Div Yield0%
Shares O/S158.90M
Ave Daily Vol2,694,409
Short Int3.46%

Current

Price$54.42
Market Cap$8.73B
Gitlab, Inc. provides code hosting and collaboration platform services. It offers continuous integration, source code management, out-of-the-box pipelines, agile development, and value stream management. The company was founded by Dmitriy Zaporozhets and Sid Sijbrandij in 2014 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Gitlab Inc (GTLB), Microsoft Corp (MSFT)

Highlights

The presenter is long shares of Gitlab Inc (GTLB), citing several factors that benefit the company, including increased interest in security and software supply chain integrity, AI tailwinds, industry consolidation, and pricing increases. He projects Gitlab's growth to exceed 30%, with revenue estimated to reach $1.3 billion in 2026. Applying a 10x sales multiple suggests 70% over the next two years. Alternatively, there could be 40%-50% upside in the event of an acquisition over the next six months.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.