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Forge
forgeglobal.com › secondary marketplace › explore private companies › gitlab ipo
GitLab IPO: Investment Opportunities & Pre-IPO Valuations - Forge
November 15, 2023 - GitLab completed their IPO on October 14, 2021 to list on NASDAQ with ticker GTLB. They raised $800.8MM at an implied valuation of $11B.
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PitchBook
pitchbook.com › news › articles › gitlab-ipo-valuation-10-billion
GitLab aims for $10B valuation amid growing sales and costs - PitchBook
October 12, 2021 - Developer collaboration platform GitLab has raised its IPO price range to $66 to $69 per share, up from $55 to $60.
Discussions

Gitlab IPO, what are your thoughts, worth buying or overvalued ?
Welcome to r/stocks ! For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here. If you're wondering why a stock moved a certain way, check out Finviz which aggregates the most news for almost every stock, but also see Reuters , and even Yahoo Finance . Please direct all simple questions towards the stickied Daily Discussion and Quarterly Rate My Portfolio threads (sort by Hot, they're at the top). Also include some due diligence to this post or it may be removed if it's low effort. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. More on reddit.com
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October 14, 2021
GitLab, Valued At $6B+, Eyes Public Listing

Literally a repost from 1 month ago, by the same person: https://www.reddit.com/r/programming/comments/k4h6ld/gitlab_hits_6b_valuation/

And I will repeat my comment from then again:

Reminder: GitLab is trying to sell itself and has been getting 'advertisements' like this published in business journals and the like to inflate its value (WTF even is this website??). GitLab is not worth $6B, they want someone to snap them up for half of that and think they've gotten a bargain.

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January 16, 2021
GitLab CEO weighing options for going public after employee share sale valued company at $6 billion

We use it, I’d pick up a few shares.

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January 16, 2021
5 IPOs to watch for in 2021
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December 18, 2020
People also ask

What is the pre-IPO value of my GitLab shares?
Forge can no longer determine the value of GitLab shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.
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forgeglobal.com
forgeglobal.com › secondary marketplace › explore private companies › gitlab ipo
GitLab IPO: Investment Opportunities & Pre-IPO Valuations - Forge
When is the GitLab IPO date?
GitLab's IPO already occurred on October 14, 2021. The company priced its shares at $77 each and began trading publicly on the NASDAQ.
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ipos.fyi
ipos.fyi › home › ipo tracker › gitlab ipo
GitLab IPO Review: How It Went & Stock Performance | IPOs.fyi
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IPOScoop
iposcoop.com › ipo › gitlab-inc-2
GitLab, Inc. | IPOScoop
IPO Buzz · IPO Calendar · IPO Index · IPO Pipeline · SCOOP Ratings · IPOs Recently Filed · IPO’s by Managers · By Industry · Secondary Offerings · Pricings · 2026 Pricings · 2025 Pricings · 2024 Pricings · Last 100 IPOs · Last 12 Months · IPO’s by Managers ·
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TechStackIPO
techstackipo.com › home › companies › gitlab
GitLab (GTLB): IPO Complete — $9B | TechStackIPO
2 weeks ago - GitLab: $9B valuation, IPO Readiness 63, Public. Filed S-1 with the SEC on September 2021 — IPO actively in progress.
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Yahoo! Finance
finance.yahoo.com › quote › GTLB
GitLab Inc. (GTLB) Stock Price, News, Quote & History - Yahoo Finance
1 week ago - ... How has GTLB's free cash flow growth reached 113.4%? What's behind GTLB's 29.4% YTD drop? How did GTLB's Q1 beat lead to raised FY27 guidance? How has GTLB's valuation reset from 9.5x to 3.7x sales?
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Ipos
ipos.fyi › home › ipo tracker › gitlab ipo
GitLab IPO Review: How It Went & Stock Performance | IPOs.fyi
GitLab completed its initial public offering on October 14, 2021, trading on the NASDAQ under the ticker symbol GTLB. The company priced its IPO at $77 per share, raising approximately $650 million and achieving a valuation of over $16 billion on ...
Find elsewhere
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CNBC
cnbc.com › 2021 › 10 › 14 › gitlab-jumps-in-nasdaq-debut-after-pricing-ipo-above-expected-range.html
GitLab jumps 35% in its Nasdaq debut after code-sharing company priced IPO above expected range
October 14, 2021 - GitLab, which was founded in 2012 and incorporated two years later, was last valued at $6 billion in a secondary financing, confirmed in early 2021, that allowed existing shareholders to sell up to 20% of their vested equity.
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CNBC
cnbc.com › 2021 › 10 › 17 › gitlab-now-worth-twice-what-microsoft-paid-for-github.html
GitLab grew up in GitHub's shadow — now it's worth twice what Microsoft paid for its chief rival
October 17, 2021 - GitLab debuted on the Nasdaq on Thursday in one of the most-anticipated software IPOs of the year. After the stock’s 49% jump in its first tow days, GitLab is valued at almost $16.5 billion, more than double GitHub’s acquisition price from 2018.
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Crunchbase
crunchbase.com › organization › gitlab-com › company_financials
GitLab - Financial Details
GitLab has acquired · 8 organizations. Their most recent acquisition was · Oxeye Security on · obfuscated · obfuscation . Stock Symbol · NASDAQ:GTLB · Funding Rounds · 7 · Total Funding Amount · obfuscated · obfuscation · Lead Investors · 5 · Investors · 26 · Stock Symbol · NASDAQ:GTLB · Valuation at IPO ·
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Yahoo! Finance
finance.yahoo.com › news › gitlab-raises-648m-via-ipo-103332385.html
GitLab Raises $648M Via IPO, Starts Trading From Today
October 14, 2021 - The company had estimated to price the offering at $66 - $69 per share, up from the initially expected $55 - $60 per share range. The IPO includes 1.98 million shares by selling shareholder Sytse "Sid" Sijbrandij.
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PitchBook
pitchbook.com › profiles › company › 84804-13
GitLab 2026 Company Profile: Stock Performance & Earnings | PitchBook
Information on stock, financials, earnings, subsidiaries, investors, and executives for GitLab. Use the PitchBook Platform to explore the full profile.
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Forbes
forbes.com › sites › alexkonrad › 2021 › 10 › 14 › gitlab-reaches-15-bil-market-cap-as-shares-jump-in-ipo
GitLab Reaches $15 Billion Market Cap, Shares Jump 35% After Its No-Office Radical CEO Opts For More Traditional IPO
April 21, 2022 - Update: At its closing price on Thursday, GitLab’s IPO has made Sijbrandij a new tech billionaire, with an equity stake valued at $2.3 billion; in addition, he also sold about $150 million worth of Gitlab shares as part of the company’s offering.
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Newconstructs
newconstructs.com › wp-content › uploads › 2021 › 10 › IPOReport_GitLabGTLB_2021-10-08.pdf pdf
GitLab: Another Overpriced Tech Company
GitLab Inc. (GTLB), a software development platform, is set to IPO soon with a price range of $55-60/share. At · the midpoint of that range, the firm would have a valuation of $8.2 billion and earn our Unattractive rating.
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Fenwick
fenwick.com › homepage › our insights › fenwick represents gitlab in $800m initial public offering
Fenwick Represents GitLab in $800M Initial Public Offering | Fenwick
August 28, 2025 - The offering consisted of 8,420,000 shares of common stock offered by GitLab and 1,980,000 shares offered by an existing shareholder, at a public offering price of $77.00 per share.
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Reddit
reddit.com › r/stocks › gitlab ipo, what are your thoughts, worth buying or overvalued ?
r/stocks on Reddit: Gitlab IPO, what are your thoughts, worth buying or overvalued ?
October 14, 2021 -

I looked at the financials an dI think gitlab is way over valued. Im surprised they went up to $94 and then ended the day at $103.

They only have about 15,356 paying customers. With their main competitor (Github) has the backing of Microsoft and is able to offer better free tiers. With more than double the amount of users and a lot more paying customers. Github is the defacto loud hosting platform with most open source software hosted there.

Forbes article here

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So I really like GitLab as a company and work with them pretty frequently. If I had to bet, I would say that they are going to continue crushing the market. However, I think the stock is wayyyy overvalued. They've got a market cap of roughly $14 billion and they'll probably do $210M - $220M in sales this year. If we say that sales = revenue (it isn't), their P/E ratio is 63. That's actually higher than one of their competitors Atlassian, who sits around 50. Atlassian's Git product BitBucket is nowhere near as good at GitLab, but Jira is literally everywhere. GitLab's closest competitor is GitHub, owned by Microsoft. Microsoft's PE ratio is in the high 30s but not a great comparison. At least 63 isn't anywhere near as bad as TSLA which sits at > 400. GitLab is losing a ton of money (last year they lost about $200M). Luckily they raised about $800M from the IPO which gives them a few years of runway. My expectation is they will scale engineering and sales to keep up with GitHub. GitHub is extremely strong competition, but not for reasons people typically mention. GitHub is the defacto git repo for almost all open source software. However, they initially neglected the enterprise customers so GitLab has taken a lot of those accounts. In addition, GitLab's CI capabilities are a solid 1.5-2 years ahead of GitHub's. However... GitHub, owned by Microsoft, has more money than you can imagine. Microsoft's strategy is to give their customers that pay for TFS/Visual Studio free GitHub licenses. In addition, Microsoft will give customers hundreds of thousands of dollars in free consulting to help migrate over. GitHub also has a $5/user/month tier. GitLab did away with that tier a year ago because it is unprofitable. Microsoft has so much money, they are currently using those very cheap licenses for more user acquisition. Plus, pretty much every company is a Microsoft customer already so the sales reps have tons of inroads. In addition, Microsoft owns LinkedIn. That means Microsoft knows who works at what company, how to reach them, the skills of the company's employees, and what platforms they use (e.g., if a company has 30 enterprise software engineers for SAP, well, MSFT knows they do a lot of SAP work). That information is extremely valuable to sellers.
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I've used GitHub and GitLab. Between the two they get the job done but I find myself preferring GitHub over GitLab. I just find it to be more finished and easier to navigate. With GitLab I have spent more time trying to navigate between repositories. I honestly had great hopes with GitLab and I do want it to succeed but I personally enjoy using GitHub over GitLab due to how much better the UX/UI is for me.
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TechCrunch
techcrunch.com › home › inside gitlab’s ipo filing
Inside GitLab's IPO filing | TechCrunch
May 4, 2024 - The company’s IPO has therefore been long expected. In its last primary transaction, GitLab raised $286 million at a post-money valuation of $2.75 billion, per PitchBook data.
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Seeking Alpha
seekingalpha.com › symbol › GTLB
GitLab Inc. (GTLB) Stock Price, Quote, News & Analysis | Seeking Alpha
4 days ago - A high-level overview of GitLab Inc. (GTLB) stock. View (GTLB) real-time stock price, chart, news, analysis, analyst reviews and more.