GitLab Inc. (GTLB)
NASDAQ: GTLB · Real-Time Price · USD
63.02
-1.18 (-1.84%)
At close: Jan 17, 2025, 4:00 PM
64.10
+1.08 (1.71%)
After-hours: Jan 17, 2025, 7:20 PM EST
GitLab Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for GitLab stock have an average target of 75.88, with a low estimate of 55 and a high estimate of 90. The average target predicts an increase of 20.41% from the current stock price of 63.02.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GitLab stock from 26 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 11 | 11 | 9 | 9 |
| Buy | 12 | 12 | 13 | 12 | 14 | 14 |
| Hold | 5 | 5 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 27 | 28 | 27 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy Maintains $90 | Buy | Maintains | $90 | +42.81% | Jan 15, 2025 |
| Needham | Needham | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +34.88% | Jan 7, 2025 |
| Macquarie | Macquarie | Buy Initiates $90 | Buy | Initiates | $90 | +42.81% | Dec 12, 2024 |
| Mizuho | Mizuho | Buy Maintains $67 → $80 | Buy | Maintains | $67 → $80 | +26.94% | Dec 9, 2024 |
| Barclays | Barclays | Hold Maintains $55 → $70 | Hold | Maintains | $55 → $70 | +11.08% | 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
0.80
from 0.65
Increased by 24.50%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| 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 | 2030 |
|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| High | 0.67 | 1.05 | 1.30 | |
| Avg | 0.65 | 0.80 | 1.03 | |
| Low | 0.60 | 0.61 | 0.71 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | 62.7% | 62.0% | |
| Avg | - | 24.5% | 27.8% | |
| Low | - | -5.9% | -12.2% |
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.