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NASDAQ: GTLB
Gitlab Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GTLB

Based on 15 analysts offering 12 month price targets for Gitlab Inc.
Min Forecast
$39.00-19.75%
Avg Forecast
$56.87+17.01%
Max Forecast
$65.00+33.74%

Should I buy or sell GTLB stock?

Based on 15 analysts offering ratings for Gitlab Inc.
Strong Buy
Strong Buy
8 analysts 53.33%
Buy
3 analysts 20%
Hold
4 analysts 26.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their GTLB stock forecasts and price targets.

GTLB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-22
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-11-13
lockedlocked$00.00+00.00%2023-10-23
lockedlocked$00.00+00.00%2023-09-12
Bank of America
Bottom 14%
14
Strong BuyMaintains$62.00+30.25%2023-09-06
ScotiaBank
Bottom 18%
18
BuyMaintains$60.00+26.05%2023-09-06
TD Cowen
Top 2%
99
BuyMaintains$63.00+32.35%2023-09-06
Piper Sandler
Top 1%
100
Strong BuyMaintains$65.00+36.55%2023-09-06
DA Davidson
Top 15%
86
HoldMaintains$50.00+5.04%2023-09-06

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Forecast return on equity

Is GTLB forecast to generate an efficient return?
Company
N/A
Industry
0.49%
Market
30.3%

Forecast return on assets

Is GTLB forecast to generate an efficient return on assets?
Company
N/A
Industry
0.31%

GTLB revenue forecast

What is GTLB's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$556.4M+10.77%
Avg 2 year Forecast
$716.4M+42.62%
Avg 3 year Forecast
$959.8M+91.06%
GTLB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GTLB revenue growth forecast

How is GTLB forecast to perform vs Software - Application companies and vs the US market?
Company
22.23%
Industry
11.98%
Market
7.56%
GTLB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GTLB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GTLB vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
GTLB$47.60$56.87+19.47%Strong Buy
MSTR$505.87$521.33+3.06%Strong Buy
BILL$65.58$109.37+66.77%Strong Buy
ESTC$77.90$82.47+5.87%Strong Buy
DSGX$81.11$85.83+5.82%Buy
View Top App Stocks

Gitlab Stock Forecast FAQ

Is Gitlab Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: GTLB) stock is to Strong Buy GTLB stock.

Out of 15 analysts, 8 (53.33%) are recommending GTLB as a Strong Buy, 3 (20%) are recommending GTLB as a Buy, 4 (26.67%) are recommending GTLB as a Hold, 0 (0%) are recommending GTLB as a Sell, and 0 (0%) are recommending GTLB as a Strong Sell.

If you're new to stock investing, here's how to buy Gitlab stock.

What is GTLB's revenue growth forecast for 2024-2026?

(NASDAQ: GTLB) Gitlab's forecast annual revenue growth rate of 22.23% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 11.98%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.56%.

Gitlab's revenue in 2023 is $502,347,000.On average, 6 Wall Street analysts forecast GTLB's revenue for 2024 to be $85,692,530,000, with the lowest GTLB revenue forecast at $85,624,000,000, and the highest GTLB revenue forecast at $85,778,000,000. On average, 5 Wall Street analysts forecast GTLB's revenue for 2025 to be $110,331,452,000, with the lowest GTLB revenue forecast at $107,030,000,000, and the highest GTLB revenue forecast at $113,328,600,000.

In 2026, GTLB is forecast to generate $147,809,200,000 in revenue, with the lowest revenue forecast at $147,809,200,000 and the highest revenue forecast at $147,809,200,000.

What is GTLB's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: GTLB) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.31%.

What is GTLB's Price Target?

According to 15 Wall Street analysts that have issued a 1 year GTLB price target, the average GTLB price target is $56.87, with the highest GTLB stock price forecast at $65.00 and the lowest GTLB stock price forecast at $39.00.

On average, Wall Street analysts predict that Gitlab's share price could reach $56.87 by Nov 22, 2024. The average Gitlab stock price prediction forecasts a potential upside of 19.47% from the current GTLB share price of $47.60.

What is GTLB's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: GTLB) forecast ROE is N/A, which is considered weak.
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