GTLB

GitLab Inc

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45.770

-1.380(-2.930%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

45.790

Open

45.710

VWAP

45.39

Vol

202.00K

Mkt Cap

7.73B

Low

44.840

Amount

9.17M

EV/EBITDA(TTM)

Total Shares

158.90M

6.75B

EV/OCF(TTM)

P/S(TTM)

10.13

GitLab Inc. provides DevSecOps Platform, a single application that brings together development, operations, information technology, security, and business teams. The DevSecOps Platform is built on a single codebase, unified data model, and user interface. The Company allows organizations to deploy the DevSecOps Platform as a self-managed offering in their own hybrid-cloud, or on-premises environments, and as a software as a service offering, it is hosted in either the public cloud or in a private cloud based on the customer’s preference. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its DevSecOps platform is used by teams of all sizes across a range of industries. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. It also offers an automated cloud-native application security testing solution to help customers identify and resolve application-layer risks.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

213.21M

+26.02%

0.152

+407%

227.05M

+24.35%

0.159

+5.97%

242.16M

+23.52%

0.190

-17.25%

Estimates Revision

The market is revising Upward the revenue expectations for GitLab Inc. (GTLB) for FY2026, with the revenue forecasts being adjusted by 0.13% over the past three months. During the same period, the stock price has changed by -34.03%.

Revenue Estimates for FY2026

Revise Upward

+0.13%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-9.92%

In Past 3 Month

Stock Price

Go Down

-34.03%

In Past 3 Month

22 Analyst Rating

64.69% Upside

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 75.38 USD with a low forecast of 45.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

19 Buy

3 Hold

0 Sell

Strong Buy

64.69% Upside

Current: 45.770

Low

45.00

Averages

75.38

High

90.00

64.69% Upside

Current: 45.770

Low

45.00

Averages

75.38

High

90.00

Wells Fargo

Michael Turrin

Buy

Maintains

$85 → $65

2025-04-22

Reason

Wells Fargo

Michael Turrin

Price Target

$85 → $65

2025-04-22

Maintains

Buy

Reason

Keybanc

Eric Heath

Buy

Maintains

$80 → $60

2025-04-17

Reason

Keybanc

Eric Heath

Price Target

$80 → $60

2025-04-17

Maintains

Buy

Reason

KeyBanc analyst Jason Celino lowered the firm's price target on GitLab to $60 from $80 to reflect the incremental risk associated with public sector deals, as well as the overall pullback in software valuations. The firm keeps an Overweight rating on the shares. KeyBanc's checks indicate Q1 bookings may be fine but to get ready for cautious updated guidance as pipelines build while signings slow.

Morgan Stanley

Sanjit Singh

Buy

Maintains

$77 → $53

2025-04-16

Reason

Morgan Stanley

Sanjit Singh

Price Target

$77 → $53

2025-04-16

Maintains

Buy

Reason

Morgan Stanley lowered the firm's price target on GitLab to $53 from $77 and keeps an Overweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.

DA Davidson

Gil Luria

Hold

Maintains

$60 → $45

2025-04-14

Reason

DA Davidson

Gil Luria

Price Target

$60 → $45

2025-04-14

Maintains

Hold

Reason

DA Davidson analyst Gil Luria lowered the firm's price target on GitLab to $45 from $60 and keeps a Neutral rating on the shares as part of a broader research note updating estimates within the firm's coverage of the Software group. The firm is now assuming a base case of one or two quarters of negative GDP in the US this year, which will translate to lower growth and has already translated to lower valuations, the analyst tells investors in a research note. DA Davidson adds that regardless of how the current tariff regime plays out, it sees a slowdown in consumer activity and corporate investment, at least for the next couple of quarters.

Truist Securities

Joel Fishbein

Strong Buy

Maintains

$90 → $80

2025-03-31

Reason

Truist Securities

Joel Fishbein

Price Target

$90 → $80

2025-03-31

Maintains

Strong Buy

Reason

Truist lowered the firm's price target on GitLab to $80 from $90 and keeps a Buy rating on the shares as part of a broader research note on Infrastructure and Security Software space. Since the middle of February, shares under coverage have traded lower reflecting a spike in uncertainty tracing to policy decisions in Washington, and the firm is lowering its estimates to reflect a lower visibility environment for business leaders, the analyst tells investors in a research note. There is room for additional de-risking, and in particular, infrastructure names are more at-risk of lukewarm guidance from management teams in the quarter ahead, Truist states, cutting estimates for companies with meaningful federal government exposure while indicating that under DOGE, the clear prioritization of reduced spending and headcount could prove to be a headwind for vendors.

Needham

Mike Cikos

Strong Buy

Reiterates

$85

2025-03-04

Reason

Needham

Mike Cikos

Price Target

$85

2025-03-04

Reiterates

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for GitLab Inc (GTLB.O) is 64.67, compared to its 5-year average forward P/E of 160.99. For a more detailed relative valuation and DCF analysis to assess GitLab Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

160.99

Current PE

64.67

Overvalued PE

722.94

Undervalued PE

-400.95

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

142.43

Current EV/EBITDA

54.30

Overvalued EV/EBITDA

1213.25

Undervalued EV/EBITDA

-928.39

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

15.19

Current PS

8.18

Overvalued PS

24.62

Undervalued PS

5.77