GTLB GitLab Inc.
GitLab Inc. (GTLB) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 2 comparable calls have settled; 0% reached the published sell target. Information only, not financial advice.
Mid-channel, falling this year inside a rising 0.7404495198820397-year channel
Price is between the two trend lines. Nothing to act on yet.
The next few months are read from the last 9 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (45% against 58%). The last 12 months stay as context: falling, −35% a year. A stock can be falling inside a channel that still rises over years; that is what this is, and only one of the two can be the near-term expectation. The nearest ceiling overhead is US$56.87, from the last 12 months. What would overturn this: a close below US$40.88 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$40.88 – US$60.45 Rising channel, +77% a year
- 12 months
- US$40.74 – US$56.87 Falling channel, −35% a year
- Position in that channel
- 43% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has already run past what this setup aims at, so there is nothing left of the move to buy. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$40.99
level as at 19 Sept 2026
Our target
US$97.01
by 18 Dec 2026
Projected move
136.7%
gross, before costs
Price sits between our buy level and our target.
On this stock's own history these rules produced 2 settled calls, of which 0 reached target (0%), with an average best move of 5.5%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 58%
- Fitted
- 18 Sept 2026
About GitLab Inc.
GitLab Inc., through its various operating entities, specializes in developing software solutions that facilitate the entire software development lifecycle. The company's operations span the United States, Europe, and the Asia Pacific regions. Its primary offering is GitLab, a unified DevOps platform. This single application is engineered to boost development speed, offering extensive visibility and precise command over every phase of the DevOps workflow. The platform's objective is to enable businesses to effectively plan, build, secure, and release software, thereby driving positive business results. Additionally, GitLab Inc. provides a range of associated training and expert consultation services. Founded in 2011, the enterprise was initially known as GitLab B.V. before officially adopting the name GitLab Inc. in July 2015. The firm's main offices are located in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- William Staples
- Employees
- 2,580
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$7.58B
- Enterprise value
- —
- Beta
- 0.94
- Avg volume
- 5.33M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 18.73-52.38
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.