Why is GTLB stock moving today? GitLab closed at $48.99 on November 5, 2026, down 6.45% on the session and 13.52% over five sessions, and our November 6 scan priced it at $49.12 with 25 days to a December 1 earnings print.

GitLab's own print is December 1, so nothing it reported can explain the November 5 session. The names that share that date fell with it: MDB lost 7.24% that day, NTAP 9.75% and HPE 11.84%.

What is different about GitLab is not the move but the row underneath it. It carries the weakest analyst book of the seven names printing December 1 and the second-highest short interest on that date, and it has now fallen 15.5% from its October 28 high close.

What the scanner row says about GitLab

Score 64 at rank 32 of the 49 rows we scan, sector Technology, print date December 1, earnings sentiment Positive, short interest 8.2% of float, market capitalization $8.18 billion, implied volatility 97.8, and a scan price of $49.12.

Decomposed, the 64 is the full 25 points for analyst coverage, 8 for a 32.1% buy-side share, 2 for one strong buy, 13.9 for a 13.9% 14-day implied move, and the full 15 for a Positive sentiment reading.

Three of those five columns are doing the work for a name the analysts are not enthusiastic about. Coverage is maxed at 25 and sentiment is maxed at 15, and the implied move at 13.9 is nearly the whole of what the conviction and strong-buy columns together failed to provide.

What moved GTLB on Dec 1?

Nothing yet, and December 1, 2026 is still 25 days away. What will move GitLab that day is the print, and the band the options market has drawn around it runs from $45.96 to $52.28 around the $49.12 scan price.

That is 6.4% of room either side over three days, with 9.8% priced over seven days and 13.9% over fourteen. On the December 1 calendar MRVL prices the widest event at 17.6% and ASAN at 15.7%, while MDB at 10.1% and NTAP at 12.2% price less, so GitLab sits below the middle of that group.

The 14-day band is $6.83 of price on either side of the $49.12 scan price, and it comes from one ATM straddle measurement: $4.83 on a 7-day expiry, scaled by the square root of time. We publish the straddle cost so anyone can check the arithmetic.

The score moved one point, from 65 on November 5 to 64 today, and the implied-move column is the reason: it read 20.9% yesterday and reads 13.9% today, which takes it off the 15-point cap. Every other input on the row is unchanged.

Where the last month took the price

October was a range and November was not. GitLab closed between $51.63 and $57.97 for the whole of the first month, ran to $57.97 on October 28, and then gave it back one session at a time.

The closes say $56.65 on October 29, $54.09 on October 30, $52.11 on November 2, $52.37 on November 3, $52.37 again on November 4, and $48.99 on November 5. The November 5 close is the low of the past month and the only close below $50 in the series.

From the October 28 high close of $57.97 that is a fall of 15.5%, and the month reads -5.11% against the October 6 close of $51.63. Our November 6 scan prices it at $49.12, which is 0.27% above the November 5 close.

How does GTLB's book compare with the other December 1 names?

On buy-side share GitLab is last of the seven names printing December 1. Its 9 bullish ratings out of 28 is 32.1%, against ASAN at 33.3%, NTAP at 38.1%, OKTA at 77.3%, CRWD at 77.4%, MDB at 80% and MRVL at 88.6%.

Eighteen of the 28 ratings are holds and there is one sell rating, against eight buys and a single strong buy. The coverage column reads a full 25 points because 28 analysts follow the name, and the conviction column reads 8 because 9 of them are on the buy side.

Short interest points the other way. GitLab has 8.2% of float short, behind ASAN at 21.0% and ahead of NTAP at 4.9%, OKTA at 4.7%, MDB at 3.4%, MRVL at 3.3% and CRWD at 2.4%. A small $8.18 billion company with a fifth of the market's attention and a crowded short is a different kind of setup.

What has to change before the December 1 print?

The book first, because it is the column with the most room in it. At 32.1% buy-side share it is worth 8 of 25 points, and each sell rating that becomes a buy is worth about nine tenths of a point.

Second the implied move, because it is the one column that actually moved this week. It reads 13.9 points today against a capped 15 on November 5, and a wider premium would put the score back above 65.

Third the price, because the marks are on it. Our scan price is $49.12, the post-earnings target is $52.28 and the downside mark is $45.96, both 6.4% from where the scan found it.

And the calendar behind it. December 1 carries seven names, and GitLab is the second cheapest of them by market capitalization, behind only ASAN at $2.52 billion.

Our scan runs at 6:30 Pacific time and every figure on this page comes from it, published in full at our open data.

So why is GTLB stock moving today? On the record we hold, what moved GitLab was a 15.5% slide from the October 28 close of $57.97 to $48.99, in a week when MDB, NTAP and HPE all fell harder.

What is on the row is a 32.1% buy-side share, 18 holds, 8.2% of float short and a December 1 print 25 days away. The reader decides whether that is a cheap setup or a crowded one.

Frequently asked questions about GitLab

When does GitLab report earnings?

GitLab reports on December 1, 2026, which is 25 days after our November 6 scan. Six other names in our table print that day, including Okta, CrowdStrike and MongoDB.

Is GTLB a buy before the December 1 earnings report?

The row is a score of 64 built on full analyst coverage and a Positive sentiment reading, with 18 of 28 ratings on hold, 8.2% of float short and a $52.28 post-earnings target against a $49.12 scan price. The band around the print is 6.4% either side over three days.

Why is GTLB stock down this month?

The settled closes show a 15.5% fall from the October 28 close of $57.97 to $48.99 on November 5, with a 13.52% week behind it. GitLab did not report in that window, and the decline arrived with MDB, NTAP and HPE.