$51.00
-1.56[-2.97%]
At close: Apr 19
$51.00
0[0.00%]
After Hours: 6:49PM EDT
GitLab Stock (NASDAQ:GTLB), Analyst Ratings, Price Targets, Predictions
GitLab Inc has a consensus price target of $69.14, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Wells Fargo, and Truist Securities on April 12, 2024, April 9, 2024, and April 1, 2024. With an average price target of $73.33 between Raymond James, Wells Fargo, and Truist Securities, there's an implied 43.79% upside for GitLab Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Wells Fargo
Truist Securities
Keybanc
Bernstein
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for GitLab
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | GTLB | Buy Now | GitLab | $51.00 | 37.25% | Raymond James | Adam Tindle | → $70 | Upgrade | Market Perform → Outperform | Get Alert |
| 04/09/2024 | GTLB | Buy Now | GitLab | $51.00 | 37.25% | Wells Fargo | Michael Turrin | → $70 | Initiates | → Overweight | Get Alert |
| 04/01/2024 | GTLB | Buy Now | GitLab | $51.00 | 56.86% | Truist Securities | Joel Fishbein | $80 → $80 | Reiterates | Buy → Buy | Get Alert |
| 03/19/2024 | GTLB | Buy Now | GitLab | $51.00 | 37.25% | Keybanc | Jason Celino | → $70 | Initiates | → Overweight | Get Alert |
| 03/06/2024 | GTLB | Buy Now | GitLab | $51.00 | 45.1% | Bernstein | Peter Weed | $76 → $74 | Maintains | Outperform | Get Alert |
| 03/06/2024 | GTLB | Buy Now | GitLab | $51.00 | 47.06% | Wolfe Research | Allan Verkhovski | → $75 | Upgrade | Peer Perform → Outperform | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 56.86% | RBC Capital | Matthew Hedberg | → $80 | Reiterates | Outperform → Outperform | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 27.45% | DA Davidson | Gil Luria | $75 → $65 | Maintains | Neutral | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 47.06% | UBS | Karl Keirstead | $81 → $75 | Maintains | Buy | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 49.02% | TD Cowen | J. Derrick Wood | $80 → $76 | Maintains | Outperform | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 45.1% | Canaccord Genuity | Kingsley Crane | → $74 | Reiterates | Buy → Buy | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 47.06% | Mizuho | Gregg Moskowitz | $87 → $75 | Maintains | Buy | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 66.67% | B of A Securities | Koji Ikeda | $88 → $85 | Maintains | Buy | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 37.25% | Cantor Fitzgerald | Jonathan Ruykhaver | $80 → $70 | Maintains | Overweight | Get Alert |
| 03/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 49.02% | Bernstein | Peter Weed | $71 → $76 | Maintains | Outperform | Get Alert |
| 02/20/2024 | GTLB | Buy Now | GitLab | $51.00 | 56.86% | Truist Securities | Barry Jonas | $75 → $80 | Maintains | Buy | Get Alert |
| 02/12/2024 | GTLB | Buy Now | GitLab | $51.00 | 56.86% | Cantor Fitzgerald | Yi Fu Lee | $65 → $80 | Maintains | Overweight | Get Alert |
| 02/05/2024 | GTLB | Buy Now | GitLab | $51.00 | 47.06% | DA Davidson | Gil Luria | $60 → $75 | Maintains | Neutral | Get Alert |
| 01/16/2024 | GTLB | Buy Now | GitLab | $51.00 | 47.06% | Truist Securities | Barry Jonas | $70 → $75 | Maintains | Buy | Get Alert |
FAQ
What is the target price for GitLab (GTLB)?
The latest price target for GitLab (NASDAQ: GTLB) was reported by Raymond James on April 12, 2024. The analyst firm set a price target for $70.00 expecting GTLB to rise to within 12 months (a possible 37.25% upside). 63 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for GitLab (GTLB)?
The latest analyst rating for GitLab (NASDAQ: GTLB) was provided by Raymond James, and GitLab upgraded their outperform rating.
When was the last upgrade for GitLab (GTLB)?
The last upgrade for GitLab Inc happened on April 12, 2024 when Raymond James raised their price target to $70. Raymond James previously had a market perform for GitLab Inc.
When was the last downgrade for GitLab (GTLB)?
The last downgrade for GitLab Inc happened on November 17, 2023 when Barclays changed their price target from $65 to $50 for GitLab Inc.
When is the next analyst rating going to be posted or updated for GitLab (GTLB)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of GitLab, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for GitLab was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
Is the Analyst Rating GitLab (GTLB) correct?
While ratings are subjective and will change, the latest GitLab (GTLB) rating was a upgraded with a price target of $0.00 to $70.00. The current price GitLab (GTLB) is trading at is $51.00, which is within the analyst’s predicted range.
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