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A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
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A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
Mar 31, 2025 6:40 AM

Across the recent three months, 13 analysts have shared their insights on GitLab ( GTLB ) , expressing a variety of opinions spanning from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 7 3 0 0
Last 30D 1 0 0 0 0
1M Ago 1 5 2 0 0
2M Ago 0 1 1 0 0
3M Ago 1 1 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for GitLab ( GTLB ), presenting an average target of $77.15, a high estimate of $90.00, and a low estimate of $58.00. This current average has decreased by 4.02% from the previous average price target of $80.38.

Decoding Analyst Ratings: A Detailed Look

A clear picture of GitLab's ( GTLB ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joel Fishbein Truist Securities Lowers Buy $80.00 $90.00
Steve Koenig Macquarie Maintains Outperform $90.00 $90.00
Pinjalim Bora JP Morgan Lowers Neutral $62.00 $65.00
Matthew Hedberg RBC Capital Maintains Outperform $80.00 $80.00
Jonathan Ruykhaver Cantor Fitzgerald Maintains Overweight $80.00 $80.00
Gregg Moskowitz Mizuho Lowers Outperform $72.00 $80.00
Ryan McKeveny Barclays Lowers Equal-Weight $58.00 $70.00
Mike Cikos Needham Maintains Buy $85.00 $85.00
Shrenik Kothari Baird Lowers Outperform $76.00 $80.00
Gil Luria DA Davidson Lowers Neutral $60.00 $70.00
Michael Turrin Wells Fargo Raises Overweight $85.00 $80.00
Steve Koenig Macquarie Maintains Outperform $90.00 $90.00
Mike Cikos Needham Maintains Buy $85.00 $85.00

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to GitLab ( GTLB ). This offers insight into analysts' perspectives on the current state of the company.

Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of GitLab ( GTLB ) compared to the broader market.

Price Targets: Delving into movements, analysts provide estimates for the future value of GitLab's ( GTLB ) stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of GitLab's ( GTLB ) market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on GitLab ( GTLB ) analyst ratings.

Unveiling the Story Behind GitLab

GitLab Inc ( GTLB ) operates on an all-remote model. GitLab ( GTLB ), a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's ( GTLB ) offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab ( GTLB ) is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.

Unraveling the Financial Story of GitLab

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining GitLab's ( GTLB ) financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 29.1% as of 31 January, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: GitLab's ( GTLB ) net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 2.75%, the company may face hurdles in effective cost management.

Return on Equity (ROE): GitLab's ( GTLB ) ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.77%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): GitLab's ( GTLB ) ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.44%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: GitLab's ( GTLB ) debt-to-equity ratio is below the industry average at 0.0, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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