From Nasdaq: 2025-05-28 12:10:00

GitLab shares (GTLB) have fallen 14.8% YTD, underperforming the Computer and Technology sector and Internet Software industry. Concerns about sustaining growth, softening demand, and high costs are pressuring the stock. Despite challenges, GitLab sees strong enterprise demand and advances in AI, driving long-term growth and customer base expansion.

GitLab expects 24% revenue growth for fiscal 2026, with non-GAAP earnings of 68-72 cents per share. The company’s solid product portfolio, including GitLab Duo and AI integration, boosts its position in the DevSecOps market. Partnerships with Amazon and Alphabet enhance GitLab’s platform capabilities and growth prospects for 2026.

GitLab’s strong enterprise demand, rapid AI innovation, and cloud partnerships position it for growth. The company’s comprehensive DevSecOps platform and rich partner base support its competitive edge. With a Zacks Rank #2 (Buy), GitLab shows promise for sustained growth and long-term value creation in software development.



Read more at Nasdaq: GitLab Declines 15% YTD: Should You Buy the Stock on the Dip?