GitLab stock price trends mirror increasing adoption rates within Fortune 500 IT departments, signaling a TAM (total addressable market) expansion opportunity for investors seeking scalable tech. Low returns on capital reflect management’s struggle to allocate funds effectively Looking further ahead, sell-side analysts expect revenue to grow 20.9% over the next 12 months, a deceleration versus the last three years. Despite the slowdown, this projection is admirable and implies the market sees success for its products and services. GitLab stock price has been consolidating between $54 and $58 over the past month. Chartists view this as a healthy base-building stage before a potential breakout toward fresh yearly highs.