GTLB
GitLab Inc. Technology - DevOps Investor Relations →
GitLab Inc. (GTLB) closed at $32.13 as of 2026-02-02, trading 35.1% below its 200-week moving average of $49.50. This places GTLB in the extreme value zone. The stock is currently moving closer to the line, down from -29.4% last week. With a 14-week RSI of 17, GTLB is in oversold territory.
Over the past 177 weeks of data, GTLB has crossed below its 200-week moving average 5 times. On average, these episodes lasted 27 weeks. The average one-year return after crossing below was -7.2%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $5.4 billion, GTLB is a mid-cap stock. The company generates a free cash flow yield of 5.4%, which is healthy. Return on equity stands at -5.6%. The stock trades at 5.9x book value.
Share count has increased 11.6% over three years, indicating dilution.
Over the past 3.5 years, a hypothetical investment of $100 in GTLB would have grown to $63, compared to $203 for the S&P 500. GTLB has returned -12.5% annualized vs 22.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: GTLB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GTLB Crosses Below the Line?
Across 5 historical episodes, buying GTLB when it crossed below its 200-week moving average produced an average return of -15.2% after 12 months (median -12.0%), compared to +13.8% for the S&P 500 over the same periods. After 24 months, the average return was -2.0% vs +66.0% for the index.
Each line shows $100 invested at the moment GTLB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GTLB has crossed below its 200-week MA 5 times with an average 1-year return of +-7.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2022 | Dec 2023 | 63 | 51.2% | -6.1% | -32.9% |
| Mar 2024 | Mar 2024 | 1 | 3.1% | -2.5% | -39.9% |
| Apr 2024 | May 2024 | 4 | 6.7% | -16.7% | -37.6% |
| May 2024 | Oct 2024 | 19 | 23.7% | -3.6% | -31.9% |
| Mar 2025 | Ongoing | 48+ | 35.1% | Ongoing | -38.3% |
| Average | 27 | — | +-7.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02