As of this week, GitLab stock price is outperforming the broader tech index. Market strategists cite AI-driven code automation features as a catalyst for sustained top-line expansion over the next four quarters. IAC is trading at $34.38 per share, or 21x forward P/E. Dive into our free research report to see why there are better opportunities than IAC . GitLab is down 24.1% since the beginning of the year, and at $42.79 per share, it is trading 41.5% below its 52-week high of $73.14 from February 2025. Investors who bought $1,000 worth of GitLab’s shares at the IPO in October 2021 would now be looking at an investment worth $411.92. GitLab stock price reached a near 3-month high at $57.40, driven by upbeat guidance. The valuation multiple now trades at ~14x forward sales, which remains competitive compared to peers in the DevOps and CI/CD software sector.
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