Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Thursday, March 3, 2022

GitLab Valuation After More Than Halving Its Market Capitalization


GitLab, the cloud code repository based software company's stock price has more than halved in value since its all time high shortly after the firm's recent IPO.

As things stand in the short term GitLab is still overvalued based on the fact that the Nasdaq Composite and technology stocks' prices are tanking.

However, in the long-run GitLab's market capitalisation from the current 7.88 billion USD could surpass 70 billion USD on the fact that the Infrastructure as a Service cloud computing market's revenue is growing at around 20 % a year and GitLab has a technology edge in the vertical and thus a unique value proposition.


If you find this article useful, please embed a link to my blog or share it in social networks!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)