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Gtlb stock price forecast is supported by recurring revenue

Model: NS-40F401NA26
SKU: 6614066
$138.00
Comp. Value: $811.000
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GTLB stock price forecast is supported by recurring revenue contracts representing over 95% of total revenue, lowering predictability risks. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 63, putting it in the top 25% of all 250+ industries. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GitLab wasn't on the list. Market analysts state GTLB stock price forecast is sensitive to Fed interest rate signals, as higher rates could slightly temper high-multiple SaaS valuations.