15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 25 firms covering Gitlab Inc, 6 rate it Buy or better, 18 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $42.00 to $70.00, a moderate spread. The average target of $53.33 sits 13% above the current $47.14. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 2 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.20 next quarter toward $1.04 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS25 ratings
Moderate Buy
Strong Buy00%
Buy624%
Hold1872%
Sell14%
Strong Sell00%
Based on 25 analysts giving stock ratings to Gitlab Inc.
As of Sep, 6 of 25 firms rate GTLB a Buy (18 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
GTLB EPS & revenue forecast
EPS · NEXT QUARTER
$0.20
Range $0.19 – $0.24 · 27 analysts · -33% YoY
Next period, 27 analysts expect Gitlab Inc to earn $0.20 a share (range $0.19 – $0.24), versus $0.30 a year earlier. Full-year consensus is $0.87, growing to $1.04 the year after.
REVENUE · NEXT QUARTER
$299.3M
Range $296.8M – $313.4M · 27 analysts · +15% YoY
Revenue is expected to reach $299.3M (range $296.8M – $313.4M), +14.9% 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 #353
Sell
$47.00-0.3% to target
Overall win rate
36%
+ Follow
#2
Adam Tindle
Raymond James · Rank #412
Hold
No targeton GTLB
Overall win rate
29%
+ Follow
#3
NA
Nick Altmann
BTIG
Buy
$60.00+27.3% to target
Coverage
—
+ Follow
#4
RS
Radi Sultan
UBS
Hold
$50.00+6.1% to target
Coverage
—
+ Follow
#5
Matthew Hedberg
RBC Capital
Hold
$60.00+27.3% 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 $53.33 for Gitlab Inc over the next 12 months, ranging from a $70.00 high to a $42.00 low.
Is GTLB stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 25 analyst ratings, 6 are Buy or Strong Buy, 18 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for GTLB?+
The Street-high target is $70.00 (Canaccord Genuity), and the Street-low is $42.00 (TD Cowen). The average of all 19 active targets is $53.33.
How many Wall Street analysts cover GTLB?+
25 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 #353). Their current call is Sell with a $47.00 target.
What is Gitlab Inc's projected EPS for next quarter?+
The consensus estimate is $0.20 per share (range $0.19 – $0.24) across 27 analysts. Full-year EPS is projected at $0.87, rising to $1.04 the following year.
How much revenue is Gitlab Inc expected to report next quarter?+
Consensus revenue is $299.3M (range $296.8M – $313.4M). Full-year revenue is projected at $1.1B, growing to $1.3B next year.
Have analysts been upgrading or downgrading GTLB lately?+
As of Sep, 6 of 25 firms rate GTLB a Buy (18 Hold, 1 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.
