GitLab Inc
NASDAQ:GTLB

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GitLab Inc
NASDAQ:GTLB
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Price: 59.83 USD 7.49% Market Closed
Market Cap: 9.7B USD
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Wall Street
Price Targets

GTLB Price Targets Summary
GitLab Inc

Wall Street analysts forecast GTLB stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for GTLB is 68.92 USD with a low forecast of 50.5 USD and a high forecast of 84 USD.

Lowest
Price Target
50.5 USD
16% Downside
Average
Price Target
68.92 USD
15% Upside
Highest
Price Target
84 USD
40% Upside

GTLB Last Price Targets
GitLab Inc

The latest public price target was made on Oct 9, 2024 by Sanjit Singh from Morgan Stanley , who expects GTLB stock to rise by 17% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Sanjit Singh
Morgan Stanley
70 USD
Upside 17%
2 months ago
Oct 9, 2024
GitLab initiated with an Overweight at Morgan Stanley
TheFly
Ryan MacWilliams
Barclays
55 USD
Downside 8%
3 months ago
Sep 5, 2024
GitLab price target raised to $55 from $50 at Barclays
TheFly
Janice Quek
CFRA
60 USD
Upside 0%
3 months ago
Sep 4, 2024
CFRA Upgrades GitLab Inc (GTLB) to Buy
StreetInsider
Jason Celino
Loop Capital Markets
62 USD
Upside 4%
3 months ago
Sep 4, 2024
Gitlab Reports Beat And Raise Quarter, Analysts Expect AI To Be 'Significant Contributor' By Fiscal 2026
Benzinga
Koji Ikeda
Bank of America Securities
68 USD
Upside 14%
3 months ago
Sep 4, 2024
GitLab price target raised to $68 from $66 at BofA
TheFly
Gray Powell
BTIG
63 USD
Upside 5%
3 months ago
Sep 4, 2024
GitLab price target raised to $63 from $58 at BTIG
TheFly
Gray Powell
BTIG
58 USD
Downside 3%
3 months ago
Sep 3, 2024
GitLab Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Koji Ikeda
Bank of America Securities
66 USD
Upside 10%
3 months ago
Aug 27, 2024
GitLab Inc (GTLB) PT Lowered to $66 at BofA Securities
StreetInsider
Shrenik Kothari
Robert W. Baird
59 USD
Downside 1%
3 months ago
Aug 26, 2024
GitLab initiated with an Outperform at Baird
TheFly
Kingsley Crane
Canaccord Genuity
65 USD
Upside 9%
6 months ago
Jun 5, 2024
GitLab Inc (GTLB) PT Lowered to $65 at Canaccord Genuity
StreetInsider
Matthew Hedberg
RBC Capital
65 USD
Upside 9%
6 months ago
Jun 4, 2024
GitLab Inc (GTLB) PT Lowered to $65 at RBC Capital
StreetInsider
Peter Weed
Bernstein
70 USD
Upside 17%
6 months ago
Jun 4, 2024
GitLab Inc (GTLB) PT Lowered to $70 at Bernstein SocGen Group
StreetInsider
Gil Luria
D.A. Davidson
50 USD
Downside 16%
6 months ago
Jun 4, 2024
GitLab price target lowered to $50 from $65 at DA Davidson
TheFly
Jonathan Ruykhaver
Cantor Fitzgerald
55 USD
Downside 8%
6 months ago
Jun 4, 2024
GitLab Inc (GTLB) PT Lowered to $55 at Cantor Fitzgerald
StreetInsider
Gregg Moskowitz
Mizuho Securities
62 USD
Upside 4%
6 months ago
Jun 4, 2024
GitLab Inc (GTLB) PT Lowered to $62 at Mizuho
StreetInsider
Jason Celino
KeyBanc
62 USD
Upside 4%
6 months ago
Jun 4, 2024
GitLab price target lowered to $62 from $70 at KeyBanc
TheFly
Joel Fishbein
Truist Financial
80 USD
Upside 34%
6 months ago
Jun 3, 2024
GitLab Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Janice Quek
CFRA
55 USD
Downside 8%
6 months ago
May 31, 2024
CFRA Downgrades GitLab Inc (GTLB) to Hold (Friday)
StreetInsider
Gregg Moskowitz
Mizuho Securities
70 USD
Upside 17%
7 months ago
May 17, 2024
GitLab Inc (GTLB) PT Lowered to $70 at Mizuho
StreetInsider
Adam Tindle
Raymond James
70 USD
Upside 17%
8 months ago
Apr 12, 2024
Raymond James Upgrades GitLab Inc (GTLB) to Outperform
StreetInsider
Michael Turrin
Wells Fargo
70 USD
Upside 17%
8 months ago
Apr 9, 2024
Wells Fargo Starts GitLab Inc (GTLB) at Overweight
StreetInsider
Jason Celino
KeyBanc
70 USD
Upside 17%
9 months ago
Mar 19, 2024
GitLab Is A Gen AI Beneficiary With Growth Upside, Says Bullish Analyst: Here's Why
Benzinga
Allan Verkhovski
Wolfe Research
75 USD
Upside 25%
9 months ago
Mar 6, 2024
Wolfe Research Upgrades GitLab Inc (GTLB) to Outperform, 'You Had Me at Conservative'
StreetInsider
Kingsley Crane
Canaccord Genuity
74 USD
Upside 24%
9 months ago
Mar 5, 2024
What's Going On With GitLab Stock Tuesday?
Benzinga
Matthew Hedberg
RBC Capital
80 USD
Upside 34%
9 months ago
Mar 5, 2024
What's Going On With GitLab Stock Tuesday?
Benzinga
Pinjalim Bora
J.P. Morgan
45.56 USD
Downside 24%
1 year ago
Jun 6, 2023
Apple To Rally Around 17%? Here Are 10 Other Analyst Forecasts For Tuesday
Benzinga
Fishbein Jr
Truist Financial
50 USD
Downside 16%
1 year ago
Apr 17, 2023
GitLab's AI Copilot Will Remain Strong Despite Microsoft's Threat: Analyst
Benzinga
Michael Turits
KeyBanc
39 USD
Downside 35%
1 year ago
Apr 14, 2023
GitLab Emerges As Top DevOps Consolidator Outside Of Microsoft's GitHub, Says Analyst
Benzinga
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Sanjit Singh
Morgan Stanley
Price Target 70 USD
Upside/Downside 17%
View Source
Ryan MacWilliams
Barclays
Price Target 55 USD
Upside/Downside 8%
View Source
Janice Quek
CFRA
Price Target 60 USD
Upside/Downside 0%
View Source
Jason Celino
Loop Capital Markets
Price Target 62 USD
Upside/Downside 4%
View Source
Koji Ikeda
Bank of America Securities
Price Target 68 USD
Upside/Downside 14%
View Source
Gray Powell
BTIG
Price Target 63 USD
Upside/Downside 5%
View Source
Gray Powell
BTIG
Price Target 58 USD
Upside/Downside 3%
View Source
Koji Ikeda
Bank of America Securities
Price Target 66 USD
Upside/Downside 10%
View Source
Shrenik Kothari
Robert W. Baird
Price Target 59 USD
Upside/Downside 1%
View Source
Kingsley Crane
Canaccord Genuity
Price Target 65 USD
Upside/Downside 9%
View Source
Matthew Hedberg
RBC Capital
Price Target 65 USD
Upside/Downside 9%
View Source
Peter Weed
Bernstein
Price Target 70 USD
Upside/Downside 17%
View Source
Gil Luria
D.A. Davidson
Price Target 50 USD
Upside/Downside 16%
View Source
Jonathan Ruykhaver
Cantor Fitzgerald
Price Target 55 USD
Upside/Downside 8%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 62 USD
Upside/Downside 4%
View Source
Jason Celino
KeyBanc
Price Target 62 USD
Upside/Downside 4%
View Source
Joel Fishbein
Truist Financial
Price Target 80 USD
Upside/Downside 34%
View Source
Janice Quek
CFRA
Price Target 55 USD
Upside/Downside 8%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 70 USD
Upside/Downside 17%
View Source
Adam Tindle
Raymond James
Price Target 70 USD
Upside/Downside 17%
View Source
Michael Turrin
Wells Fargo
Price Target 70 USD
Upside/Downside 17%
View Source
Jason Celino
KeyBanc
Price Target 70 USD
Upside/Downside 17%
View Source
Allan Verkhovski
Wolfe Research
Price Target 75 USD
Upside/Downside 25%
View Source
Kingsley Crane
Canaccord Genuity
Price Target 74 USD
Upside/Downside 24%
View Source
Matthew Hedberg
RBC Capital
Price Target 80 USD
Upside/Downside 34%
View Source
Pinjalim Bora
J.P. Morgan
Price Target 45.56 USD
Upside/Downside 24%
View Source
Fishbein Jr
Truist Financial
Price Target 50 USD
Upside/Downside 16%
View Source
Michael Turits
KeyBanc
Price Target 39 USD
Upside/Downside 35%
View Source
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Revenue
Forecast

Revenue Estimate
GitLab Inc

For the last 3 years the compound annual growth rate for GitLab Inc's revenue is 56%. The projected CAGR for the next 3 years is 27%.

56%
Past Growth
27%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
GitLab Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
GitLab Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is GTLB's stock price target?
Price Target
68.92 USD

According to Wall Street analysts, the average 1-year price target for GTLB is 68.92 USD with a low forecast of 50.5 USD and a high forecast of 84 USD.

What is GitLab Inc's Revenue forecast?
Projected CAGR
27%

For the last 3 years the compound annual growth rate for GitLab Inc's revenue is 56%. The projected CAGR for the next 3 years is 27%.

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