Gitlab (GTLB)
(Delayed Data from NSDQ)
$53.09 USD
-2.76 (-4.94%)
Updated Sep 6, 2024 04:00 PM ET
After-Market: $53.08 -0.01 (-0.02%) 7:58 PM ET
2-Buy of 5 2
F Value A Growth A Momentum B VGM
GitLab Inc. (GTLB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$65.05 | $80.00 | $50.00 | 16.47% |
Price Target
Based on short-term price targets offered by 22 analysts, the average price target for GitLab Inc. comes to $65.05. The forecasts range from a low of $50.00 to a high of $80.00. The average price target represents an increase of 16.47% from the last closing price of $55.85.
Analyst Price Targets (22)
Broker Rating
GitLab Inc. currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 1.43 a month ago based on 23 recommendations.
Of the 24 recommendations deriving the current ABR, 18 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 75% and 8.33% of all recommendations. A month ago, Strong Buy made up 73.91%, while Buy represented 8.7%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 18 | 18 | 17 | 17 | 17 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.42 | 1.42 | 1.43 | 1.43 | 1.43 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/5/2024 | Not Identified | Not Identified | Hold | Hold |
9/4/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
9/4/2024 | UBS | Karl E Keirstead | Strong Buy | Strong Buy |
9/4/2024 | Needham & Company | Michael J Cikos | Hold | Hold |
9/4/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
9/4/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
9/4/2024 | Wells Fargo Securities | Michael J Turrin | Strong Buy | Strong Buy |
9/4/2024 | BTIG | Gray Powell | Strong Buy | Strong Buy |
9/3/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/29/2024 | KeyBanc Capital Markets | Jason Celino | Strong Buy | Strong Buy |
8/27/2024 | Robert W. Baird & Co. | Shrenik Kothari | Not Available | Strong Buy |
8/13/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Strong Buy | Strong Buy |
8/6/2024 | Cowen & Co. | Derrick Wood | Strong Buy | Strong Buy |
7/10/2024 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
6/14/2024 | Scotiabank | Nicholas W Altmann | Strong Buy | Strong Buy |
6/5/2024 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
6/4/2024 | Cantor Fitzgerald & Co | Yi F Lee | Strong Buy | Strong Buy |
6/4/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
6/4/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/22/2024 | Capital One Securities | Connor Murphy | Not Available | Strong Buy |
3/6/2024 | Not Identified | Not Identified | Hold | Strong Buy |
12/6/2023 | Goldman Sachs | Kasthuri G Rangan | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.42 |
ABR (Last week) | 1.42 |
# of Recs in ABR | 24 |
Average Target Price | $65.73 |
LT Growth Rate | 42.60% |
Industry | Internet - Software |
Industry Rank by ABR | 95 of 253 |
Current Quarter EPS Est: | 0.15 |
GTLB FAQs
GitLab Inc. (GTLB) currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms.
The average price target for GitLab Inc. (GTLB) is $65.73. The current on short-term price targets is based on 7 reports.
The forecasts for GitLab Inc. (GTLB) range from a low of $50 to a high of $80. The average price target represents a increase of $23.81 from the last closing price of $53.09.
The current UPSIDE for GitLab Inc. (GTLB) is 23.81%
Based on short-term price targets offered by 22 analysts, the average price target for GitLab Inc. comes to $65.05. The forecasts range from a low of $50.00 to a high of $80.00. The average price target represents an increase of 16.47% from the last closing price of $55.85.