GTLB

GitLab Inc. ·Nasdaq Global Select·Technology
44.44 live · 2026-08-27 14:58
63.1%
Brown Bear Score
89.2%
Business Conviction Score
34.7%
Position Health Score
47.7%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · -5.6% · range 19.42–51.04

The Businesswhat the company reports

Business & cash flow

FCF / assets 12.9%
OCF / assets 13.5%
FCF / revenue 24.4%
Gross margin 86.8%
ROIC -6.6%
Forward P/E 40.1

FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2026).

Price vs Earnings growth

Trailing EPS is negative (-0.15), so a growth percentage does not exist — forward EPS of 1.03 implies a swing from loss to profit

Confidence 35.0/100

Takeaway Low data confidence (limited analyst coverage) — treat this section as informational only.

Reported earnings

Next report 2026-09-01 after the close · consensus EPS 0.18

Q3 23 revenue: 139.58mQ3 23 net income: -50.08mQ3 23 EPS: -0.33Q4 23 revenue: 149.67mQ4 23 net income: -285.16mQ4 23 EPS: -1.84Q4 23Q1 24 revenue: 163.78mQ1 24 net income: -36.47mQ1 24 EPS: -0.24Q2 24 revenue: 169.19mQ2 24 net income: -54.64mQ2 24 EPS: -0.35Q2 24Q3 24 revenue: 182.58mQ3 24 net income: 12.95mQ3 24 EPS: 0.08Q4 24 revenue: 196.05mQ4 24 net income: 29.57mQ4 24 EPS: 0.18Q4 24Q1 25 revenue: 211.43mQ1 25 net income: 5.80mQ1 25 EPS: 0.04Q2 25 revenue: 214.51mQ2 25 net income: -35.88mQ2 25 EPS: -0.22Q2 25Q3 25 revenue: 235.96mQ3 25 net income: -9.21mQ3 25 EPS: -0.06Q4 25 revenue: 244.35mQ4 25 net income: -8.28mQ4 25 EPS: -0.05Q4 25Q1 26 revenue: 260.40mQ1 26 net income: -2.60mQ1 26 EPS: -0.02Q2 26 revenue: 264.16mQ2 26 net income: -4.97mQ2 26 EPS: -0.03Q2 26

Revenue Net incomeEPS (GAAP) (-1.84–0.18, own scale) Derived Q4

12 quarters to Q2 26. Revenue and net income share one scale, so the gap between them is the margin. The baseline is zero — bars below it are losses. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.

Quarter endingRevenueYoY Net incomeEPS (GAAP) Filed
2026-04-30 264.16m +23.1% -4.97m -0.03 2026-06-02
2026-01-31 (derived) 260.40m +23.2% -2.60m -0.02 2026-03-17
2025-10-31 244.35m +24.6% -8.28m -0.05 2025-12-03
2025-07-31 235.96m +29.2% -9.21m -0.06 2025-09-04

Share count

Diluted shares over time

Diluted shares Return since the previous filing

Direction Growing — shares issued
Diluted shares 169.9M as at 2026-04-30
Change over 1 year +3.3%
Change over 3 years +12.0%
Public float $6.37bn as at 2025-07-31 (10-K)

History before 2022-04-30 is not shown. The share count jumps at that date by a ratio no ordinary issuance produces — a split whose factor is not in Brown Bear's split store — so earlier figures are on a different basis and cannot be compared with today's.

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyFair Value Anchor
Reference band 35.51 — 41.52
Protective stop 33.68 (Atr, 12.6% risk)
Support 34.10 (2 touches, 21.1% away)
Resistance 42.76 (3.5% away)

Takeaway The shares are nearer the ceiling than the floor: about 3.5% below 42.76, where sellers have turned up before, and 21.1% above 34.10, where buyers have stepped in before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 12.6% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice ABOVE the cloud | periods 8/24/48 (92% of classic 9/26/52)
LinesTenkan/Kijun BULL | cloud twist BULL
Cloud thickness72% percentile
Chikou spanAbove price from 26 periods ago
Weekly cloudPrice ABOVE the weekly cloud (context only, not scored)

Takeaway The stock is trading above its cloud — a shaded band drawn from several of its own moving averages, currently 34.52 to 39.42. Being above it means the medium-term picture is pointing upwards, and that band is the first place the stock has recent support if it slips back. Its shorter-term averages agree with that.

Trailing returns

21 days +25.3%
63 days +55.8%
126 days +59.1%
252 days -8.7%
Below 252d high19.1%

Trend context

PositionFar above trend
ExtensionExtremely extended
Trend slopeRising strongly
Direction of travelHolding its deviation

Takeaway Extreme upside extension above Kalman fair trend; entry risk is elevated.

Volatility

State No recent compression
Current band width31.3% of price
Recent tightest31.3% (0 sessions ago, narrower than 38.0% of its history)
Expansion since1.00×
Band 33.50 — 45.91

Takeaway Lately this share price has been swinging around inside a range roughly 31% wide. That is normal for this stock, so there is nothing unusual to read into it either way.

Historical trends

02550751002026-06-212026-08-26
Position Health Business Conviction

History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.

Repair Pathway

  1. Nearest Trigger MACD bullish crossover repair trigger repair engine identifies this as the nearest technical repair catalyst · Broadly stable
  2. Trigger 2 Volume confirmation above 1.2x +0.20x volume confirmation would improve confidence in the pathway · Broadly stable
  3. Trigger 3 MACD histogram acceleration turns positive secondary repair secondary repair catalyst could add confirmation if the primary trigger develops · Broadly stable
  4. Trigger 4 MACD histogram above zero 0.19 gap is deteriorating · Broadly stable
  5. Trigger 5 Relative momentum rank above 0.55 +0.31 rank relative momentum leadership is not yet strong enough for the next action tier · Broadly stable

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityMixed buying and selling
Buy filings1
Sell filings1
Shares bought4,188
Shares sold8,725
Value bought$123.0k
Value sold$331.6k
Latest buy2026-06-30
Latest sell2026-08-07
FiledInsiderSharesValue
2026-08-07 Sold Mundy SimonChief Accounting Officer 8,725 $331,550
2026-06-30 Bought Staples WilliamChief Executive Officer 4,188 $122,960

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Above its signal line
Confirmation Marginal

No absorption or distribution event in the recent window.

Takeaway Slightly more shares change hands on rising days than on falling ones, but the gap is too small to read anything into.

Options Positioning

Binary-event risk flagged

GTLB: binary-event risk suspected -- Term structure inverted (near 123% IV vs far 75% IV, ratio 1.64); Implied move 15.4% is 1.09x the ATR-expected 14.0% over 9d. Options market is pricing a discrete catalyst; technical breakout signals are unreliable until it resolves.

Implied volatility 123% near (9d) · 75% far (86d) — Term structure inverted — the market is pricing an event in the near window
Term structure 1.64× near/far
Historical volatility 53%
Implied vs historical 2.30× — Options are priced well above what the stock has actually done
Implied move ±15.4% by 2026-09-04 — Large relative to this stock's normal daily range
Implied move vs ATR 1.09×
Skew Call Skew (0.85×)
  • Term structure inverted (near 123% IV vs far 75% IV, ratio 1.64)
  • Implied move 15.4% is 1.09x the ATR-expected 14.0% over 9d

Takeaway Insuring against a move in this stock costs more for the next few weeks than for the next few months. Traders usually pay up like that when they know something is coming soon — results, a court ruling, a regulatory decision. Options traders are positioned for a move of around 15.4% in either direction by 2026-09-04. The overall shape suggests they expect a one-off result that lands either well or badly, rather than a gradual drift.

Chain as at 2026-08-26. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Sector Headwind / Stock Mixed

Rotation health 42.8/100; Negative Rotation.

Rotation health 42.8
Rotation strength 83.8
LegQuadrantRS-RatioRS-Mom
Stock vs sector Weakening 108.3 92.8
Stock vs SPY Weakening 106.8 87.0
Sector vs SPY Weakening 103.8 79.2

Direction of travel: South-West / deteriorating rotation

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Piotroski F-score 4/9 (+7.1)
  • Altman Z-score 10.51 (+14.3)
  • Insider conviction score (+31.8)
  • Gross margin quality: 86.8% (+17.6)
  • FCF margin quality: 24.4% (+13.0)
  • ROIC improving by 10.1 pts (+6.4)
  • FCF margin improving by 32.8 pts (+4.0)
  • High earnings quality (accrual ratio -0.168) (+6.4)
  • Accrual ratio improving (0.04 -> -0.17) (+4.0)
  • Relative Strength 18.5% vs sector: OUTPERFORMING (+10.0)
  • Track 1: relative strength trend improving (+5.0)
  • Track 1: 20-day momentum acceleration 0.10 (+6.0)
  • Track 1: bullish DI spread 21.1 (+5.0)
  • Track 1: ADX 43.9 and rising (+10.0)
  • Track 1: EMA20 reclaim distance 4.1% (+4.7)
  • Track 1: EMA20 slope improving 3.5% (+5.0)
  • Track 1: VPT strength 0.13 (+2.7)
  • Track 1: price above EMA50 by 15.7% (+5.0)
  • Track 1: EMA50 slope improving 9.3% (+3.0)
  • Track 1: Bollinger position 0.63 (+3.0)

Negative signals

  • Track 1: weak volume confirmation (0.64x average)
  • Weak relative momentum rank (0.24)
  • Track 1: MACD histogram deteriorating (-0.52)
  • Track 1: weak MACD line/signal structure (-8.0)
  • Track 1: RSI deterioration/extension 66.4, 5-day change -7.3
  • Chase risk 47.7/100 (Elevated Chase Risk): RSI 66.4, EMA20 4.1%, EMA50 15.7%, BB 0.63, distribution 14.1/100
  • Gross margin improving by -2.0 pts (+-2.4)
  • Chase risk 47.7/100 | Extension score 52.3/100 | Elevated Chase Risk