Why GitLab Inc.’s (GTLB) Stock Is Down 6.10%

By Cynthia McLaughlin
July 11, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate GitLab Inc. before investing.

In this article, we go over a few key elements for understanding GitLab Inc.’s stock price such as:

  • GitLab Inc.’s current stock price and volume
  • Why GitLab Inc.’s stock price changed recently
  • Upgrades and downgrades for GTLB from analysts
  • GTLB’s stock price momentum as measured by its relative strength

About GitLab Inc. (GTLB)

Before we jump into GitLab Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab, an intelligent orchestration platform for DevSecOps, which is a single application offering the entire software development lifecycle, including software, project plans, code, security scans, compliance checks, and deployment configurations. It also offers the GitLab Duo Agent Platform, which enables intelligent orchestration of teams and AI agents to execute tasks autonomously across planning, development, security, and deployment. This platform combines conversational AI assistance, purpose-built agents for specialized tasks, workflow automation, and enterprise controls. In addition, it offers related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is based in San Francisco, California.

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GitLab Inc.’s Stock Price as of Market Close

As of July 10, 2026, 4:00 PM, CST, GitLab Inc.’s stock price was $32.420.

GitLab Inc. is down 4.25% from its previous closing price of $33.860.

During the last market session, GitLab Inc.’s stock traded between $32.220 and $35.240. Currently, there are approximately 169.95 million shares outstanding for GitLab Inc..

GitLab Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

GitLab Inc. Stock Price History

GitLab Inc.’s (GTLB) price is currently up 6.19% so far this month.

During the month of July, GitLab Inc.’s stock price has reached a high of $35.240 and a low of $30.385.

Over the last year, GitLab Inc. has hit prices as high as $52.380 and as low as $18.730. Year to date, GitLab Inc.’s stock is down 13.62%.

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What Caused GitLab Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 10, 2026, there were 0 analysts who downgraded GitLab Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate GitLab Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on GitLab Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

GitLab Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about GitLab Inc. (GTLB) by visiting AAII Stock Evaluator.

Relative Price Strength of GitLab Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 10, 2026, GitLab Inc. has a weighted four-quarter relative price strength of 5.40%, which translates to a Momentum Score of 74 and is considered to be Strong.

Want to learn more about how GitLab Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

GitLab Inc. Stock Price: Bottom Line

As of July 10, 2026, GitLab Inc.’s stock price is $32.420, which is down 4.25% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like GitLab Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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