BTIG Reiterates Rating on GitLab Inc. $GTLB

Key Points

  • BTIG now rates GitLab Inc. ($GTLB) "buy" with a $36.00 target.
  • The Street's average $GTLB price target is $33.61 (Hold).
  • $GTLB last traded around $27.79.

BTIG reiterated its rating on GitLab Inc. ($GTLB) to a "buy" rating, with a price target of $36.00 in a recent research note.

GitLab Inc. ($GTLB) Stock

Last price$27.79
Market cap$4.69B
Forward P/E27.00
Beta0.96
52-week low$18.73
52-week high$52.38
50-day MA$24.87
200-day MA$34.87
Current ratio2.55
Quick ratio2.43

GitLab Inc. Earnings

EPS (ttm)$-0.15
Revenue (ttm)$1.00B
Revenue growth23.1%
Net margin-2.5%
Return on equity-3.0%
Next earningsSep 2, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$33.61
High target$60.00
Low target$25.00
Analysts covering23

About GitLab Inc.

GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab, an intelligent orchestration platform for DevSecOps, which is a single application offering the entire software development lifecycle, including software, project plans, code, security scans, compliance checks, and deployment configurations. It also offers the GitLab Duo Agent Platform, which enables intelligent orchestration of teams and AI agents to execute tasks autonomously across planning, development, security, and deployment. This platform combines conversational AI assistance, purpose-built agents for specialized tasks, workflow automation, and enterprise controls. In addition, it offers related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is based in San Francisco, California.

ExchangeNasdaqGS
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersSan Francisco, CA
CEOMr. William Staples
Employees2,580

See Also

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