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$62.63
0.480.77%
Pre-Market: 4:00 AM EDT
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GitLab (NASDAQ:GTLB) Stock, Analyst Ratings, Price Targets, Forecasts
GitLab Inc has a consensus price target of $65.55 based on the ratings of 29 analysts. The high is $80 issued by Truist Securities on April 1, 2024. The low is $50 issued by DA Davidson on October 14, 2024. The 3 most-recent analyst ratings were released by Needham, DA Davidson, and Morgan Stanley on October 21, 2024, October 14, 2024, and October 9, 2024, respectively. With an average price target of $63.33 between Needham, DA Davidson, and Morgan Stanley, there's an implied 1.12% upside for GitLab Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Needham
DA Davidson
Morgan Stanley
Barclays
TD Cowen
1calculated from analyst ratings
Analyst Ratings for GitLab
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FAQ
What is the target price for GitLab (GTLB) stock?
The latest price target for GitLab (NASDAQ:GTLB) was reported by Needham on October 21, 2024. The analyst firm set a price target for $70.00 expecting GTLB to rise to within 12 months (a possible 11.77% upside). 65 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 Needham, and GitLab upgraded their buy rating.
When was the last upgrade for GitLab (GTLB)?
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.
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 October 21, 2024 so you should expect the next rating to be made available sometime around October 21, 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 $62.63, which is within the analyst’s predicted range.
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