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

Friday, October 28, 2022

GitLab's Stocks Price Could Fall Further, Before GitLab Thrives


GitLab, the online code repository and collaboration service has a current market capitalisation of 7.41 billion USD.

I forecast GitLab's stock price and market capitalisation could still fall further perhaps to 3.9 billion USD market capitalisation.

After that, however, along with the Federal Reserve ceasing of interest rate hikes, GitLab's market  capitalisation could rise multiple fold from its lowest level and even surpass 35 billion USD in market capitalisation 7 to 10 years from now.

GitLab's open source, cloud-native code repository is a small revolution in code production.

GitLab should be able to keep growing and reach profitability as well.

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