GitLab Inc. (GTLB)
NASDAQ: GTLB · Real-Time Price · USD
64.12
-3.33 (-4.94%)
At close: Feb 21, 2025, 4:00 PM
64.20
+0.08 (0.12%)
After-hours: Feb 21, 2025, 7:59 PM EST
GitLab Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for GitLab stock have an average target of 75.92, with a low estimate of 55 and a high estimate of 90. The average target predicts an increase of 18.40% from the current stock price of 64.12.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GitLab stock from 25 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 11 | 11 | 9 | 9 | 8 |
| Buy | 12 | 13 | 12 | 14 | 14 | 14 |
| Hold | 5 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 28 | 27 | 26 | 26 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $85 | Buy | Maintains | $80 → $85 | +32.56% | Feb 20, 2025 |
| Macquarie | Macquarie | Buy Maintains $90 | Buy | Maintains | $90 | +40.36% | Jan 15, 2025 |
| Needham | Needham | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +32.56% | Jan 7, 2025 |
| Macquarie | Macquarie | Buy Initiates $90 | Buy | Initiates | $90 | +40.36% | Dec 12, 2024 |
| Mizuho | Mizuho | Buy Maintains $67 → $80 | Buy | Maintains | $67 → $80 | +24.77% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
769.00M
from 579.91M
Increased by 32.61%
Revenue Next Year
958.19M
from 769.00M
Increased by 24.60%
EPS This Year
0.65
from -2.75
EPS Next Year
0.81
from 0.65
Increased by 25.30%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 799.0M | 1.0B | 1.3B | ||
| Avg | 769.0M | 958.2M | 1.2B | ||
| Low | 737.9M | 890.9M | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.8% | 33.3% | 33.5% | ||
| Avg | 32.6% | 24.6% | 23.0% | ||
| Low | 27.3% | 15.9% | 10.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.67 | 1.05 | 1.33 | ||
| Avg | 0.65 | 0.81 | 1.04 | ||
| Low | 0.60 | 0.60 | 0.71 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 62.7% | 64.9% | ||
| Avg | - | 25.3% | 28.4% | ||
| Low | - | -7.4% | -12.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.