Gitlab Benefits From Price Increases and Should Grow by 25% in the Medium Term - Stock About to Break out of Base?

aktien Magazin
Reading Time: 1 minute

GitLab went public in 2021 and offers a DevOps platform. It helps companies plan, build, secure and deploy software to drive business results. In recent quarters, the company has made a lot of upgrades to its artificial intelligence tools. Prices have also been increased. This should further boost sales. Bank of America assumes that GitLab will be able to achieve revenue growth YoY of more than 25% in the medium term with rising operating margins and free cash flow margins. According to the estimates, Gitlab's adjusted earnings are expected to...

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