GTLB

GitLab Inc

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Advanced Chart

50.040

-0.39(-0.773%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

51.240

Open

50.800

VWAP

50.43

Vol

4.31M

Mkt Cap

8.34B

Low

49.300

Amount

217.39M

EV/EBITDA(TTM)

Total Shares

158.90M

7.29B

EV/OCF(TTM)

174.05

P/S(TTM)

9.71

GitLab Inc. provides DevSecOps Platform, is built on a single codebase, unified data model, and user interface. The Company offers customers flexible deployment options, including a self-managed offering, as well as multi-tenant and single-tenant (GitLab Dedicated) software-as-a-service (SaaS) solutions. It offers the DevSecOps Platform in three different subscription tiers, namely Free, Premium and Ultimate. The DevSecOps Platform enables its customers to move their DevOps workflow across any hybrid or multi-cloud environment. Its subscription plans are available as a self-managed offering that customers download to run in their own on-premises environment or hybrid cloud environments, and also a SaaS offering, which is offered as either multi-tenant or single-tenant (called GitLab Dedicated). The Company also provides related training and professional services. Its SaaS products provide access to hosted software as well as support.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2027Q1

FY2026Q4

FY2026Q3

258.31M

+20.42%

0.202

+18.88%

251.94M

+19.16%

0.225

-31.73%

239.32M

+22.07%

0.202

-12.36%

Estimates Revision

The market is revising Downward the revenue expectations for GitLab Inc. (GTLB) for FY2026, with the revenue forecasts being adjusted by -0.03% over the past three months. During the same period, the stock price has changed by 19.03%.

Revenue Estimates for FY2026

Revise Downward

-0.03%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+10.92%

In Past 3 Month

Stock Price

Go Up

+19.03%

In Past 3 Month

26 Analyst Rating

13.91% 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 57.00 USD with a low forecast of 44.00 USD and a high forecast of 72.00 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.

21 Buy

5 Hold

0 Sell

Strong Buy

13.91% Upside

Current: 50.040

Low

44.00

Averages

57.00

High

72.00

13.91% Upside

Current: 50.040

Low

44.00

Averages

57.00

High

72.00

Guggenheim

Buy

initiated

$70

2025-09-11

Reason

Guggenheim

Price Target

$70

2025-09-11

initiated

Buy

Reason

Guggenheim initiated coverage of GitLab with a Buy rating and $70 price target, offering 43% potential upside. The firm's work shows that GitLab is the leading enterprise-focused development, security, and operations platform. However, the stock's valuation is \"depressed\" due to concerns that artificial intelligence coding tools will replace software developers, threatening the company's seat-based model, the analyst tells investors in a research note. Guggenheim thinks these risks are overblown and that GitLab \"has a formidable offensive strategy in play.\"

Barclays

Equal Weight

maintain

$47 -> $44

2025-09-05

Reason

Barclays

Price Target

$47 -> $44

2025-09-05

maintain

Equal Weight

Reason

Barclays lowered the firm's price target on GitLab to $44 from $47 and keeps an Equal Weight rating on the shares. The company's guidance could bring up questions about its growth durability, the analyst tells investors in a research note. The firm says that while GitLab's underlying momentum "appears stable," its new business growth and confidence in its medium-term outlook "remain in question."

Mizuho

Gregg Moskowitz

Outperform

downgrade

$55 -> $52

2025-09-05

Reason

Mizuho

Gregg Moskowitz

Price Target

$55 -> $52

2025-09-05

downgrade

Outperform

Reason

Mizuho analyst Gregg Moskowitz lowered the firm's price target on GitLab to $52 from $55 and keeps an Outperform rating on the shares. The company reported a "very good" fiscal Q2 but its guidance disappointed, the analyst tells investors in a research note. The firm says that while the shares have a "significant overhang" due to fears from the potential impact of other artificial intelligence coding tools, investor sentiment "is too dire" with GitLab trading at only 5.5-times estimated 2026 revenue.

KeyBanc

Overweight -> NULL

downgrade

$60 -> $53

2025-09-04

Reason

KeyBanc

Price Target

$60 -> $53

2025-09-04

downgrade

Overweight -> NULL

Reason

KeyBanc lowered the firm's price target on GitLab to $53 from $60 and keeps an Overweight rating on the shares. The firm notes GitLab reported a solid Q2 beat, driven in part by one-time benefits from linearity and mix shift toward self-managed, but left the full-year revenue guide unchanged to account for GTM/leadership changes, which implies a notable deceleration in the second half of the year. Importantly, the company announced that CFO Brian Robins will depart on September 19, and it has begun the search for his successor. While KeyBanc remains positive on GitLab's long-term opportunities, it lowers its price target to reflect incremental execution concerns from its GTM evolution and potential AI disruption.

Wells Fargo

Overweight

downgrade

$60 -> $55

2025-09-04

Reason

Wells Fargo

Price Target

$60 -> $55

2025-09-04

downgrade

Overweight

Reason

Wells Fargo lowered the firm's price target on GitLab to $55 from $60 and keeps an Overweight rating on the shares. The firm says Q2 beat was a bit of a bounce-back, while holding full year revenue guide suggests Q4 growth lesser than 20%.

Piper Sandler

Overweight

downgrade

$85 -> $70

2025-09-04

Reason

Piper Sandler

Price Target

$85 -> $70

2025-09-04

downgrade

Overweight

Reason

Piper Sandler lowered the firm's price target on GitLab to $70 from $85 and keeps an Overweight rating on the shares. While a reiterated full year revenue guide drove consternation in after-hour trading, Q2 showed a markedly improved revenue result vs Q1, along with margins above expectations and large customer momentum, the firm says. GitLab also announced several leadership changes as it plans to continue orienting its GTM engine on expanding new customer velocity and enterprise customer adoption. Piper remains confident in the DevSecOps platform leader as a top idea in its coverage with shares trading at a modest 5.5-times 2026 revenue multiple despite growing over 20% at rule of 40-plus.

See All Ratings

Valuation Metrics

The current forward P/E ratio for GitLab Inc (GTLB.O) is 57.35, compared to its 5-year average forward P/E of 151.53. 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

151.53

Current PE

57.35

Overvalued PE

687.83

Undervalued PE

-384.76

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

133.59

Current EV/EBITDA

43.02

Overvalued EV/EBITDA

1154.33

Undervalued EV/EBITDA

-887.15

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

14.51

Current PS

8.15

Overvalued PS

23.74

Undervalued PS

5.27