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Should You Hold on to GitLab Despite the Stock's 17% YTD Decline?
ZACKS· 2025-07-11 00:46
Key Takeaways GTLB shares have lost 16.8% YTD, lagging behind peers due to macro headwinds and rising competition. Gitlab posted 13% growth in $5K ARR clients and 26% growth in $100K ARR clients in Q1 FY26. Gitlab forecasts FY26 revenues of $936M-$942M, up 24% YoY, with earnings of $0.74-$0.75 per share.GitLab (GTLB) shares have lost 16.8% in the year-to-date, underperforming the broader Zacks Computer & Technology sector’s rise of 7% and the Zacks  Internet - Software industry’s increase of 16.2%.The und ...