GitLab Inc. ($GTLB) Stock Forecast: Down 5.1% Today

What is GitLab Inc.?

GitLab (GTLB) is a tech company known for its collaboration platform for software development. The stock had a bearish movement today amidst a 17% year-to-date decline.

Why is GitLab Inc. going down?

GTLB stock is down 5.1% on Jul 11, 2025 16:56

• Despite rising revenue, AI expansion, and strong partnerships, the stock experienced a bearish movement, indicating short-term market sentiment outweighing long-term potential.
• Investors may be concerned about other factors such as overall market conditions, competition, or specific company developments.
• A longer-term upside is suggested, so the bearish movement today could be a result of profit-taking or short-term market fluctuations rather than a reflection of the company's fundamental strength.

GTLB Price Chart

GTLB Technical Analysis

GTLB News

Should You Hold on to GitLab Despite the Stock's 17% YTD Decline?

GTLB is down 17% YTD, but rising revenue, AI expansion, and strong partnerships hint at a longer-term upside.

https://www.zacks.com/stock/news/2571561/should-you-hold-on-to-gitlab-despite-the-stocks-17-ytd-decline

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GitLab Inc. Price History

11.06.2025 - GTLB Stock was down 5.1%

• Despite rising revenue, AI expansion, and strong partnerships, the stock experienced a bearish movement, indicating short-term market sentiment outweighing long-term potential.
• Investors may be concerned about other factors such as overall market conditions, competition, or specific company developments.
• A longer-term upside is suggested, so the bearish movement today could be a result of profit-taking or short-term market fluctuations rather than a reflection of the company's fundamental strength.

13.05.2025 - GTLB Stock was down 5.3%

• The first-quarter earnings and revenue for GitLab exceeded expectations, but the stock trended bearishly.
• Negative market response was triggered by concerns about heightened competition in the AI industry and uncertainties regarding the company's performance in the public sector.
• Analysts adjusted their predictions for GitLab post the financial results, which could have influenced the stock's decline.
• Despite positive financial outcomes, prevailing sentiment and market factors led to a reduction in GitLab's stock value.

08.04.2025 - GTLB Stock was up 5.3%

• Today's upward trend in GTLB's stock price may reflect market expectations of favorable earnings performance in the upcoming quarter.
• Investor sentiment appears positive regarding GTLB's likelihood to outperform estimates once more, influenced by its history of surpassing expectations.
• The market's confidence in GTLB's capacity to sustain growth and achieve robust financial results in the forthcoming earnings release is evident in current movements.

07.03.2025 - GTLB Stock was up 5.3%

• Cathie Wood's optimistic decision to increase stakes in Robinhood amidst a market fluctuation might have reflected a favorable outlook towards tech firms like GitLab.
• The broadening of Robinhood's financial services offerings possibly elevated investor assurance in the technology industry, consequently aiding companies such as GitLab.
• An investment strategy by Ark Invest likely played a part in the positive momentum of GitLab's stock as market participants may interpret it as a promising sign for tech stocks in general.

07.03.2025 - GTLB Stock was up 11.1%

• Despite a 27% year-to-date decline, GTLB exhibited a strong bullish performance today, suggesting a potential turnaround.
• Investor optimism and confidence in the company's future growth prospects are likely being fueled by its AI-driven DevSecOps adoption and strategic partnerships.
• Market sentiment towards tech stocks like GTLB may have been positively impacted by Cathie Wood's increased investment in Robinhood stock amid a Trump tariff decline, potentially contributing to GTLB's bullish movement today.

10.02.2025 - GTLB Stock was down 5.4%

• GitLab's stock is down due to a combination of factors:
• Rising competition in the tech sector is making investors wary of the company's future growth potential.
• Despite strong earnings and revenue beat in Q4, a cautious outlook from analysts and a lowered price forecast are impacting investor sentiment.
• Cathie Wood's Ark Invest making significant trades involving GitLab reflects a mixed sentiment in the market, with some investors holding on while others may be letting go.
• The overall market movement could be attributed to profit-taking after a period of gains, as investors reassess the risk-reward balance in light of the company's stable Q1 guidance and public sector risks.

04.02.2025 - GTLB Stock was up 5.4%

• GitLab exceeded expectations with its Q4 earnings and revenues, driven by a robust demand for DevSecOps solutions and continued expansion into enterprise markets.
• In contrast, a notable analyst revised GitLab's price target to $62, expressing some caution despite the company's strong financial performance.
• Amidst a bearish market day triggered by new tariffs announced by President Trump, GitLab stood out with its notable results, maintaining its bullish trend.
• Investor sentiment towards GitLab remains positive, reflecting confidence in the company's ability to thrive in the face of challenges and uncertainties.

11.05.2025 - GTLB Stock was down 13.2%

• Despite surpassing earnings and revenue estimates, GitLab's stock saw a decline in value.
• The market response may have been influenced by the Q2 revenue outlook falling short of expectations, despite a strong Q1.
• Investor apprehension about maintaining growth in the future quarters is evident.
• The contrast between the favorable earnings results and the downgraded revenue forecast likely prompted profit collection and a pessimistic stance among traders.

11.05.2025 - GTLB Stock was down 10.2%

• Beat fiscal Q1 earnings and revenue estimates.
• Experienced a decline due to concerns over competition in the AI sector and public sector issues.
• Analysts revised forecasts with second-quarter sales guidance below expectations.
• Market reacted negatively to the strong earnings performance versus lower-than-expected sales guidance.
• Investors cautious about future growth potential in light of challenges highlighted by analysts and market reaction to earnings report.

11.05.2025 - GTLB Stock was down 8.8%

• GitLab's stock experienced a strong bearish movement after the company posted better-than-expected first-quarter results but issued second-quarter sales guidance below estimates.
• Analysts slashed their forecasts for GitLab after the Q1 results, indicating a lack of confidence in the company's future performance.
• Despite beating the analyst consensus estimate for earnings and revenue in Q1, the stock dropped as the Q2 revenue guidance fell short of expectations.
• The downward revision of forecasts by analysts ahead of the earnings call and the subsequent market reaction suggest concerns about GitLab's growth prospects, leading to the bearish movement in the stock price today.

07.02.2025 - GTLB Stock was down 5.3%

• GitLab's stock experienced a bearish movement today despite surpassing Q4 earnings and revenue estimates, indicating potential profit-taking or market uncertainty.
• The analyst's lowered price forecast of $62 may have contributed to the bearish trend, reflecting cautious outlook despite strong performance.
• The broader market sell-off following a significant announcement likely added downward pressure on GitLab's stock, as investors turned risk-averse and shifted towards safer assets.
• An investment firm's purchase of another company's stock could have diverted attention and capital away from GitLab, impacting its performance in today's trading session.

24.05.2025 - GTLB Stock was up 5.0%

• The bullish movement in GTLB stock could be attributed to the positive investor sentiment following the recent 0.86% increase in price during the current market session.
• Despite the stock falling by 14.39% over the past month and 7.79% in the past year, investors might be optimistic about the company's future performance, leading to today's bullish movement.
• The insights into GitLab's P/E ratio might have indicated to shareholders that the stock could be undervalued, potentially attracting more buyers and driving the price up.
• Overall, the bullish movement in GTLB stock today could be a result of renewed confidence in the company's growth prospects and potential undervaluation, despite previous declines in stock price.