Does GitLab's (GTLB) Growing Clientele Make the Stock a Buy?
GTLBGitlab (GTLB) ZACKS·2024-06-14 04:25

GitLab (GTLB) is benefiting from an expanding clientele, driven by the strong adoption of its DevSecOps platform. Its strong partner base, which includes cloud service platforms like Alphabet (GOOGL) and Amazon (AMZN) , is helping the company rapidly expand its footprint among large enterprise customers. GitLab has more than 30 million registered users on its platform. More than 50% of Fortune 100 are GitLab customers. Customers with more than $5K of Annual Recurring Revenues (ARR) increased 21% year over y ...