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GTLB Stock Forecast 2026-2027
$31.12
Current Price
$5.26B
Market Cap
Buy 8
Hold 17
Sell 2
Wall St Analyst Ratings
Distance to GTLB Price Targets
+92.8%
To High Target of $60.00
+2.8%
To Median Target of $32.00
-19.7%
To Low Target of $25.00
GTLB Price Momentum
+0.2%
1 Week Change
+28.1%
1 Month Change
-36.2%
1 Year Change
-17.1%
Year-to-Date Change
-40.6%
From 52W High of $52.38
+66.2%
From 52W Low of $18.73
📊 TOP ANALYST CALLS
Did GTLB Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if GitLab is one of their latest high-conviction picks.
Latest GTLB Stock Price Targets & Analyst Predictions
Based on our analysis of 15 Wall Street analysts, GTLB has a neutral consensus with a median price target of $32.00 (ranging from $25.00 to $60.00). The overall analyst rating is Buy (7.0/10). Currently trading at $31.12, the median forecast implies a 2.8% upside. This outlook is supported by 8 Buy, 17 Hold, and 2 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
GTLB Analyst Ratings
8
Buy
17
Hold
2
Sell
GTLB Price Target Range
Low
$25.00
Average
$32.00
High
$60.00
Current: $31.12
Latest GTLB Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for GTLB.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 3, 2026 | Macquarie | Steve Koenig | Neutral | Maintains | $28.00 |
| Jun 3, 2026 | UBS | Radi Sultan | Neutral | Maintains | $32.00 |
| Jun 3, 2026 | Mizuho | Gregg Moskowitz | Neutral | Maintains | $28.00 |
| Jun 3, 2026 | Morgan Stanley | Sanjit Singh | Equal-Weight | Maintains | $30.00 |
| Jun 3, 2026 | JP Morgan | Brian Essex | Neutral | Maintains | $32.00 |
| Jun 3, 2026 | RBC Capital | Matthew Hedberg | Sector Perform | Maintains | $29.00 |
| Jun 3, 2026 | TD Cowen | Derrick Wood | Hold | Reiterates | $29.00 |
| Jun 3, 2026 | Guggenheim | Howard Ma | Neutral | Reiterates | $N/A |
| Jun 3, 2026 | Rosenblatt | Blair Abernethy | Buy | Maintains | $43.00 |
| Jun 3, 2026 | Cantor Fitzgerald | Jonathan Ruykhaver | Neutral | Maintains | $35.00 |
| Jun 3, 2026 | DA Davidson | Lucky Schreiner | Neutral | Maintains | $35.00 |
| Jun 3, 2026 | BTIG | Nick Altmann | Buy | Maintains | $36.00 |
| Jun 3, 2026 | Needham | Mike Cikos | Buy | Maintains | $38.00 |
| Jun 1, 2026 | Rosenblatt | Blair Abernethy | Buy | Maintains | $43.00 |
| May 13, 2026 | Cantor Fitzgerald | Neutral | Maintains | $N/A | |
| May 12, 2026 | Mizuho | Neutral | Maintains | $N/A | |
| May 12, 2026 | Raymond James | Market Perform | Downgrade | $N/A | |
| Apr 22, 2026 | B of A Securities | Neutral | Downgrade | $N/A | |
| Apr 20, 2026 | RBC Capital | Sector Perform | Downgrade | $N/A | |
| Apr 16, 2026 | UBS | Karl Keirstead | Neutral | Assumes | $24.00 |
GitLab Inc. (GTLB) Competitors
The following stocks are similar to GitLab based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
GitLab Inc. (GTLB) Financial Data
GitLab Inc. has a market capitalization of $5.26B with a P/E ratio of 521.2x. The company generates $1.00B in trailing twelve-month revenue with a -2.5% profit margin.
Revenue growth is +23.1% quarter-over-quarter, while maintaining an operating margin of -6.0% and return on equity of -3.0%.
Valuation Metrics
Market Cap
$5.26B
Enterprise Value
$3.90B
P/E Ratio
521.2x
PEG Ratio
-4.1x
Price/Sales
5.2x
Growth & Margins
Revenue Growth (YoY)
+23.1%
Gross Margin
+86.6%
Operating Margin
-6.0%
Net Margin
-2.5%
EPS Growth
+23.2%
Financial Health
Cash/Price Ratio
+25.8%
Current Ratio
2.5x
Debt/Equity
0.0x
ROE
-3.0%
ROA
-1.9%
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GitLab Inc. (GTLB) Business Model
About GitLab Inc.
What They Do
Provides an orchestration platform for DevSecOps.
Business Model
GitLab generates revenue through its platform offered in both self-managed and SaaS models, catering to a diverse range of customers from small teams to large enterprises. By unifying various software development tools into one application, it simplifies workflows and enhances productivity, making it an attractive option for organizations seeking to streamline their development processes.
Additional Information
Founded in 2011 and headquartered in the United States, GitLab operates on an all-remote model with a global presence. Its platform is utilized by millions of users, including a significant portion of large corporations, which positions it favorably within the growing market for modern software development and delivery solutions.
Company Information
Sector
Technology
Industry
Software - Infrastructure
Employees
2,580
CEO
Mr. William Staples
Country
United States
IPO Year
2021
Website
about.gitlab.comGitLab Inc. (GTLB) Latest News & Analysis
Featured Analysis
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Jun 04, 2026
By Subhasish Mukherjee
Analyst Blog
GitLab Shares Down Despite Q1 Earnings Beat, Revenues Up Y/Y
GTLB beat Q1 estimates and raises FY2027 guidance as enterprise adoption and customer expansion fuel revenue growth.
Jun 03, 2026
By Zacks Equity Research
Analyst Blog
Gitlab (GTLB) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Gitlab (GTLB) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Jun 02, 2026
By Zacks Equity Research
Fundamental Analysis
Latest News
Quick Summary
GitLab Inc. (NASDAQ:GTLB) reported its first-quarter results, exceeding analyst estimates, following the market close on Tuesday.
Why It Matters
GitLab's strong Q1 performance exceeding analyst expectations can boost investor confidence, potentially driving stock prices higher and attracting more interest in the company.
Source: Benzinga
Market Sentiment:
Positive
Quick Summary
GitLab has laid off approximately 350 employees, or 14% of its workforce, as part of a restructuring effort announced last month.
Why It Matters
GitLab's layoffs signal cost-cutting measures, potentially affecting growth prospects and market confidence, which can influence stock performance and investor sentiment.
Source: TechCrunch
Market Sentiment:
Negative
Quick Summary
GitLab (NASDAQ:GTLB) reported better-than-expected Q1 revenue and earnings, but shares dropped 4% due to a restructuring plan involving workforce cuts and a reduced geographic focus.
Why It Matters
GitLab's strong earnings contrast with its restructuring plan, signaling potential instability. Workforce cuts may impact future growth, raising concerns among investors about long-term performance.
Source: Proactive Investors
Market Sentiment:
Negative
GitLab Q1 Earnings Call Highlights
4 days ago
Quick Summary
GitLab (NASDAQ: GTLB) reported Q1 fiscal 2027 revenue of $264 million, a 23% year-over-year increase, driven by enterprise demand and growth in AI product traction.
Why It Matters
GitLab's strong revenue growth and rising enterprise demand signal solid market performance, potentially boosting investor confidence and stock value.
Source: MarketBeat
Market Sentiment:
Neutral
Quick Summary
A software-development tools company is cutting 350 employees and exiting 22 countries as part of its restructuring plan announced in May.
Why It Matters
Job cuts and exiting markets may indicate financial distress or a shift in strategy, potentially affecting the company's growth prospects and stock performance, raising concerns for investors.
Source: WSJ
Market Sentiment:
Negative
Quick Summary
GitLab's stock increased following the company's fiscal Q1 earnings, which surpassed expectations, and it raised its full fiscal year guidance.
Why It Matters
GitLab's strong earnings and raised guidance indicate robust financial health, potentially boosting investor confidence and driving stock performance higher.
Source: Barrons
Market Sentiment:
Positive
Frequently Asked Questions About GTLB Stock
What is GitLab Inc.'s (GTLB) stock forecast for 2026?
Based on our analysis of 15 Wall Street analysts, GitLab Inc. (GTLB) has a median price target of $32.00. The highest price target is $60.00 and the lowest is $25.00.
Is GTLB stock a good investment in 2026?
According to current analyst ratings, GTLB has 8 Buy ratings, 17 Hold ratings, and 2 Sell ratings. The stock is currently trading at $31.12. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for GTLB stock?
Wall Street analysts predict GTLB stock could reach $32.00 in the next 12 months. This represents a 2.8% increase from the current price of $31.12. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is GitLab Inc.'s business model?
GitLab generates revenue through its platform offered in both self-managed and SaaS models, catering to a diverse range of customers from small teams to large enterprises. By unifying various software development tools into one application, it simplifies workflows and enhances productivity, making it an attractive option for organizations seeking to streamline their development processes.
What is the highest forecasted price for GTLB GitLab Inc.?
The highest price target for GTLB is $60.00 from at , which represents a 92.8% increase from the current price of $31.12.
What is the lowest forecasted price for GTLB GitLab Inc.?
The lowest price target for GTLB is $25.00 from at , which represents a -19.7% decrease from the current price of $31.12.
What is the overall GTLB consensus from analysts for GitLab Inc.?
The overall analyst consensus for GTLB is neutral. Out of 15 Wall Street analysts, 8 rate it as Buy, 17 as Hold, and 2 as Sell, with a median price target of $32.00.
How accurate are GTLB stock price projections?
Stock price projections, including those for GitLab Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 6, 2026 5:53 AM UTC