Added to YB: 2026-04-09
Pitch date: 2026-04-06
GTLB [bullish]
GitLab Inc.
-5.47%
current return
Author Info
The Fond Investor is a full-time buyside investor who is focused on identifying, researching, and discussing unique and differentiated investment opportunities, with a focus on smaller and underfollowed companies. Sign up for the newsletter.
Company Info
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
Market Cap
$3.9B
Pitch Price
$22.57
Price Target
46.00 (+116%)
Dividend
N/A
EV/EBITDA
-41.02
P/E
-67.84
EV/Sales
2.78
Sector
Software
Category
growth
Chefs Special: Software Stocks - GitLab Inc.
GTLB: DevSecOps platform for enterprise w/ single lifecycle solution vs GitHub's fragmented tools. $955M rev (+26% YoY), $1B ARR, 56% from Ultimate tier ($99/user/mo). FY27 guide 15-17% growth but sandbagged—strip 3% tailwinds = 23% comp, new CFO always beats. New DAP usage pricing + outcome-based $0.25/review not in guide = upside. AI moat via unmatched codebase context drives quality/token. 75% self-hosted enterprise sticky on security. Trades 2.7x EV/S, 8.4% FCF yield, 32% market cap in cash. Risk: 22% SBC/rev.
Read full article (7 min)