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$52.38
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GitLab (NASDAQ:GTLB) Stock, Analyst Ratings, Price Targets, Forecasts
GitLab Inc has a consensus price target of $65.04 based on the ratings of 28 analysts. The high is $80 issued by Truist Securities on April 1, 2024. The low is $50 issued by DA Davidson on August 29, 2024. The 3 most-recent analyst ratings were released by TD Cowen, BTIG, and UBS on September 4, 2024, respectively. With an average price target of $63.67 between TD Cowen, BTIG, and UBS, there's an implied 21.56% upside for GitLab Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
TD Cowen
BTIG
UBS
RBC Capital
Wells Fargo
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 TD Cowen on September 4, 2024. The analyst firm set a price target for $63.00 expecting GTLB to rise to within 12 months (a possible 20.29% upside). 74 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 TD Cowen, and GitLab maintained their buy 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 September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.
Is the Analyst Rating GitLab (GTLB) correct?
While ratings are subjective and will change, the latest GitLab (GTLB) rating was a maintained with a price target of $58.00 to $63.00. The current price GitLab (GTLB) is trading at is $52.38, which is out of the analyst’s predicted range.
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