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Posted by
Two Blokes Apr 24 -
Filed in
Stock
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4 views
GitLab Inc. (GTLB) deserves a buy rating due to its strong growth outlook, despite recent share price declines not reflecting fundamental weaknesses. The enterprise upsell engine is strengthening, with the Ultimate tier now accounting for 50% of total ARR, showing significant traction with large customers. GTLB's Dedicated SaaS offering is gaining momentum, growing 90% y/y, driven by demand from sectors with strict security and compliance needs.
