GitLab has delivered strong operational results but suffered a steep share price decline while underperforming its software peers. Recent FY Q4 2026 results exceeded expectations. But soft FY'27 guidance triggered further stock weakness. GTLB announced a $400M buyback, but ongoing share-based compensation likely limits near-term EPS or share count impact.
GitLab remains a buy despite a ~60% share price decline over twelve months and sector-wide software multiple compression. GTLB's FY27 guidance calls for $1.10–$1.12B revenue (15–17% y/y growth) and pro forma operating margin deceleration to 12%, fueling investor concerns. At a 2.1x EV/FY27 revenue multiple and $1.26B net cash, GTLB trades well below peers with similar growth rates.
GitLab Inc. (GTLB) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Fears of slowing growth and AI disruption sent Gitlab NASDAQ: GTLB shares to long-term lows in early March, and the sell-off, overdone to begin with, has reached ultra-deep value levels, presenting an irresistible opportunity.
GitLab (NASDAQ:GTLB) reported fourth quarter fiscal 2026 earnings that exceeded Wall Street expectations, but the company's shares dropped about 7% in early trading on its cautious guidance for the upcoming year. For the quarter ended January 31, 2026, GitLab posted adjusted earnings per share of $0.30, surpassing the consensus of $0.23.
GTLB stock tumbles 10% pre-market after Q4 results, even as revenues jump 23% and earnings top estimates on strong SaaS growth.
GTLB walked into earnings with a strong quarter and walked out with nine analyst price target cuts.
GitLab stock has plunged in the past 12 months amid fears over artificial intelligence and its latest earnings aren't helping.
GitLab Inc. (GTLB) Q4 2026 Earnings Call Transcript
Although the revenue and EPS for Gitlab (GTLB) give a sense of how its business performed in the quarter ended January 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
GitLab Inc. (GTLB) came out with quarterly earnings of $0.3 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.33 per share a year ago.
The provider of software-development tools saw revenue increase by 23% in the latest quarter.