From what 0 stock analysts predict, the share price for GitLab Inc. (GTLB) might increase by 31.06% in the next year. This is based on a 12-month average estimation for GTLB. Price targets go from $50 to $80. The majority of stock analysts believe GTLB is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
GitLab Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that GitLab Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of GTLB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ryan McKeveny Barclays | Equal-Weight | $55 | Maintains | Sep 5, 2024 |
Matthew Hedberg RBC Capital | Outperform | $60 | Maintains | Sep 4, 2024 |
Shrenik Kothari Baird | Outperform | $62 | Maintains | Sep 4, 2024 |
Karl Keirstead UBS | Buy | $65 | Maintains | Sep 4, 2024 |
Gray Powell BTIG | Buy | $63 | Maintains | Sep 4, 2024 |
Michael Turrin Wells Fargo | Overweight | $75 | Maintains | Sep 4, 2024 |
Nick Altmann Scotiabank | Sector Outperform | $65 | Maintains | Sep 4, 2024 |
Mike Cikos Needham | Hold | Reiterates | Sep 4, 2024 | |
Koji Ikeda B of A Securities | Buy | $68 | Maintains | Sep 4, 2024 |
J. Derrick Wood TD Cowen | Buy | $63 | Maintains | Sep 4, 2024 |
Gil Luria DA Davidson | Neutral | $50 | Maintains | Aug 29, 2024 |
Shrenik Kothari Baird | Outperform | $59 | Initiates | Aug 27, 2024 |
Koji Ikeda B of A Securities | Buy | $66 | Maintains | Aug 27, 2024 |
J. Derrick Wood TD Cowen | Buy | $58 | Maintains | Aug 27, 2024 |
Yi Fu Lee Cantor Fitzgerald | Overweight | $55 | Reiterates | Aug 19, 2024 |
Matthew Hedberg RBC Capital | Outperform | $65 | Reiterates | Jul 18, 2024 |
Mike Cikos Needham | Hold | Reiterates | Jul 17, 2024 | |
Matthew Hedberg RBC Capital | Outperform | $65 | Reiterates | Jun 28, 2024 |
Kingsley Crane Canaccord Genuity | Buy | $65 | Maintains | Jun 5, 2024 |
Matthew Hedberg RBC Capital | Outperform | $65 | Maintains | Jun 4, 2024 |
When did it IPO
2021
Staff Count
2,130
Country
United States
Sector/Industry
Technology/SoftwareโInfrastructure
CEO
Mr. Sytse Sijbrandij
Market Cap
$8.05B
In 2023, GTLB generated $424.3M in revenue, which was a increase of 67.95% from the previous year. This can be seen as a signal that GTLB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - A class action lawsuit has been filed against GitLab Inc. (NASDAQ: GTLB) and certain officers, as announced by law firm Bronstein, Gewirtz & Grossman, LLC.
Why It Matters - A class action lawsuit against GitLab could lead to financial penalties and affect the company's stock performance, signaling potential risks for current and prospective investors.
Summary - Investors in GitLab Inc. (NASDAQ:GTLB) who experienced losses may explore recovery options under federal securities laws. More information is available through the provided link.
Why It Matters - The news indicates potential legal issues for GitLab Inc., which could impact stock performance and investor sentiment, signaling risks and possible financial recoveries related to securities law violations.
Summary - A class action lawsuit has been filed against GitLab Inc. (NASDAQ: GTLB). Investors are encouraged to contact Pomerantz LLP for further information.
Why It Matters - A class action lawsuit against GitLab may signal potential legal and financial risks, impacting stock performance and investor sentiment.
Summary - Investors in GitLab Inc. (NASDAQ:GTLB) who experienced losses may explore recovery options under federal securities laws. More information is available through the provided link.
Why It Matters - Legal actions against GitLab may signal financial instability or governance issues, potentially affecting stock performance and investor confidence.
Summary - Investors in GitLab Inc. (NASDAQ:GTLB) who experienced losses may explore potential recovery options under federal securities laws. More information is available via the provided link.
Why It Matters - The news highlights potential legal action against GitLab, indicating recent losses and possible recovery opportunities, which could impact stock sentiment and investor decisions.
Summary - GitLab Inc. (NASDAQ: GTLB) investors who experienced losses may explore recovery options under federal securities laws. More information is available via the provided link.
Why It Matters - The news indicates potential legal action against GitLab, which may impact investor sentiment and the stock price, highlighting risks associated with the investment.