15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 24 firms covering Gitlab Inc, 5 rate it Buy or better, 17 sit at Hold, and 2 rate it Sell or worse, a hold consensus. Targets range widely, $25.00 to $60.00 (about 2.4x), a sign of real disagreement on valuation. The average target of $34.20 sits 4% above the current $32.95. The rating mix has stayed broadly stable, with Buy-side ratings easing from 7 to 5 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.18 next quarter toward $1.03 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS24 ratings
Hold
Strong Buy00%
Buy521%
Hold1771%
Sell28%
Strong Sell00%
Based on 24 analysts giving stock ratings to Gitlab Inc.
As of Jul, 5 of 24 firms rate GTLB a Buy (17 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
GTLB EPS & revenue forecast
EPS · NEXT QUARTER
$0.18
Range $0.16 – $0.21 · 26 analysts · -29% YoY
Next period, 26 analysts expect Gitlab Inc to earn $0.18 a share (range $0.16 – $0.21), versus $0.25 a year earlier. Full-year consensus is $0.81, growing to $1.03 the year after.
REVENUE · NEXT QUARTER
$281.4M
Range $278.9M – $293.6M · 26 analysts · +15% YoY
Revenue is expected to reach $281.4M (range $278.9M – $293.6M), +15.2% year-over-year. Full-year consensus is $1.1B, rising to $1.3B next year.
Top analysts covering Gitlab Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on GTLB.
#1
Raimo Lenschow
Barclays · Rank #285
Sell
$25.00-24.1% to target
Overall win rate
37%
+ Follow
#2
Adam Tindle
Raymond James · Rank #321
Hold
No targeton GTLB
Overall win rate
30%
+ Follow
#3
NA
Nick Altmann
BTIG
Buy
$36.00+9.3% to target
Coverage
—
+ Follow
#4
LS
Lucky Schreiner
DA Davidson
Hold
$35.00+6.2% to target
Coverage
—
+ Follow
#5
Jonathan Ruykhaver
Cantor Fitzgerald
Hold
$35.00+6.2% to target
Coverage
—
+ Follow
GTLB stock forecast FAQ
What is GTLB's average 12-month price target?+
The 19 analysts with a live target average $34.20 for Gitlab Inc over the next 12 months, ranging from a $60.00 high to a $25.00 low.
Is GTLB stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 24 analyst ratings, 5 are Buy or Strong Buy, 17 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for GTLB?+
The Street-high target is $60.00 (Bernstein), and the Street-low is $25.00 (Truist Securities). The average of all 19 active targets is $34.20.
How many Wall Street analysts cover GTLB?+
24 analysts have an active rating on Gitlab Inc, and 19 firms carry a live 12-month price target.
Who is the most accurate analyst covering GTLB?+
Among analysts who currently cover GTLB, Raimo Lenschow of Barclays has the strongest overall Quantellect track record (Rank #285). Their current call is Sell with a $25.00 target.
What is Gitlab Inc's projected EPS for next quarter?+
The consensus estimate is $0.18 per share (range $0.16 – $0.21) across 26 analysts. Full-year EPS is projected at $0.81, rising to $1.03 the following year.
How much revenue is Gitlab Inc expected to report next quarter?+
Consensus revenue is $281.4M (range $278.9M – $293.6M). Full-year revenue is projected at $1.1B, growing to $1.3B next year.
Have analysts been upgrading or downgrading GTLB lately?+
As of Jul, 5 of 24 firms rate GTLB a Buy (17 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their GTLB calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
