
GitLab (GTLB) Stock Forecast & Price Target
GitLab (GTLB) Analyst Ratings
Bulls say
GitLab Inc reported significant growth indicators, including a nearly 6x increase in weekly active usage of GitLab Duo in FY26, alongside the anticipated General Availability of the Duo Agent Platform. The company's Ultimate tier adoption has reached 54% of total Annual Recurring Revenue (ARR), reflecting a positive trend in customer engagement and up-tiering strategies. Furthermore, management has raised the fiscal year 2026 revenue guidance to a range of $946 to $947 million, indicating a robust Year-over-Year growth rate of 25%, suggesting that GitLab's platform is gaining traction and may outpace expectations in the competitive DevOps landscape.
Bears say
The financial outlook for GitLab is adversely affected by several key challenges, including a decline in new customer acquisition, as evidenced by the reduced net new customers with ARR over $5K, which fell to 137 from 234 in the prior quarter and 205 year-over-year. Additionally, the company's non-GAAP gross margin of 88.6% fell short of market expectations and points to potential operational inefficiencies despite a higher than anticipated non-GAAP operating margin of 17.2%. The overall market dynamics, including the impact of the federal government shutdown and a sluggish small business market, contribute to a perception of increased risks related to GitLab's sales productivity and execution.
This aggregate rating is based on analysts' research of GitLab and is not a guaranteed prediction by Public.com or investment advice.
GitLab (GTLB) Analyst Forecast & Price Prediction
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