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GitLab Inc has a consensus price target of $74.31 based on the ratings of 29 analysts. The high is $90 issued by Macquarie on December 12, 2024. The low is $55 issued by Cantor Fitzgerald on August 19, 2024. The 3 most-recent analyst ratings were released by Macquarie, Mizuho, and Barclays on December 12, 2024, December 9, 2024, and December 9, 2024, respectively. With an average price target of $80 between Macquarie, Mizuho, and Barclays, there's an implied 32.23% upside for GitLab Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for GitLab (NASDAQ:GTLB) was reported by Macquarie on December 12, 2024. The analyst firm set a price target for $90.00 expecting GTLB to rise to within 12 months (a possible 48.76% upside). 74 analyst firms have reported ratings in the last year.
The latest analyst rating for GitLab (NASDAQ:GTLB) was provided by Macquarie, and GitLab initiated their outperform rating.
The last upgrade for GitLab Inc happened on October 21, 2024 when Needham raised their price target to $70. Needham previously had a hold for GitLab Inc.
The last downgrade for GitLab Inc happened on November 17, 2023 when Barclays changed their price target from $65 to $50 for GitLab Inc.
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 December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest GitLab (GTLB) rating was a initiated with a price target of $0.00 to $90.00. The current price GitLab (GTLB) is trading at is $60.50, which is within the analyst’s predicted range.
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