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

Buy GTLB

Analyst price target for GTLB

Based on 9 analysts offering 12 month price targets for Gitlab Inc.
Min Forecast
$50.00-8.02%
Avg Forecast
$81.89+50.64%
Max Forecast
$130.00+139.15%

Should I buy or sell GTLB stock?

Based on 11 analysts offering ratings for Gitlab Inc.
Strong Buy
Strong Buy
6 analysts 54.55%
Buy
4 analysts 36.36%
Hold
1 analysts 9.09%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GTLB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
ScotiaBank
Top 45%
56
BuyInitiates Coverage On$62.00+14.05%2022-06-09
UBS
Top 7%
94
Strong BuyMaintains$59.00+8.54%2022-06-07Find out why
RBC Capital
Bottom 1%
1
BuyMaintains$66.00+21.41%2022-06-07
Piper Sandler
Top 1%
100
Strong BuyMaintains$60.00+10.38%2022-06-07
Anonymous
KeyBanc
Strong BuyMaintains$63.00+15.89%2022-04-25
Truist Securities
Top 11%
90
Strong BuyMaintains$105.00+93.16%2022-03-15
KeyBanc
Top 31%
70
Strong BuyMaintains$50.00-8.02%2022-03-15
Bank of America
Bottom 14%
14
Strong BuyMaintains$105.00+93.16%2022-03-09
JP Morgan
Bottom 1%
1
Strong BuyUpgradesN/AN/A2022-01-27
Cowen & Co.
Top 6%
95
BuyMaintains$130.00+139.15%2021-12-07

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Forecast return on equity

Is GTLB forecast to generate an efficient return?
Company
N/A
Industry
21.42%
Market
32.14%

Forecast return on assets

Is GTLB forecast to generate an efficient return on assets?
Company
N/A
Industry
4.7%

GTLB earnings per share forecast

What is GTLB's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$1.38
Avg 2 year Forecast
-$1.36

GTLB revenue forecast

What is GTLB's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$401.0M
Avg 2 year Forecast
$554.7M
Avg 3 year Forecast
$733.0M

GTLB vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
GTLB$54.36$81.89+50.64%Strong Buy
CDAY$51.59$70.29+36.24%Hold
GLOB$197.22$309.14+56.75%Strong Buy
MANH$120.32$167.50+39.21%Strong Buy
XM$14.64$39.90+172.54%Strong Buy

Gitlab Stock Forecast FAQ

Is Gitlab Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: GTLB) stock is to Strong Buy GTLB stock.

Out of 11 analysts, 6 (54.55%) are recommending GTLB as a Strong Buy, 4 (36.36%) are recommending GTLB as a Buy, 1 (9.09%) are recommending GTLB as a Hold, 0 (0%) are recommending GTLB as a Sell, and 0 (0%) are recommending GTLB as a Strong Sell.

What is GTLB's earnings growth forecast for 2023-2024?

(NASDAQ: GTLB) Gitlab's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 20%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.6%.

Gitlab's earnings in 2022 is N/A.On average, 2 Wall Street analysts forecast GTLB's earnings for 2023 to be -$203,826,000, with the lowest GTLB earnings forecast at -$214,165,000, and the highest GTLB earnings forecast at -$193,487,000.

In 2024, GTLB is forecast to generate -$200,872,000 in earnings, with the lowest earnings forecast at -$221,550,000 and the highest earnings forecast at -$180,194,000.

What is GTLB's revenue growth forecast for 2023-2025?

(NASDAQ: GTLB) Gitlab's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.3%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

Gitlab's revenue in 2022 is N/A.On average, 5 Wall Street analysts forecast GTLB's revenue for 2023 to be $59,233,608,000, with the lowest GTLB revenue forecast at $59,124,310,000, and the highest GTLB revenue forecast at $59,375,400,000. On average, 4 Wall Street analysts forecast GTLB's revenue for 2024 to be $81,929,190,000, with the lowest GTLB revenue forecast at $80,644,200,000, and the highest GTLB revenue forecast at $83,494,810,000.

In 2025, GTLB is forecast to generate $108,258,192,000 in revenue, with the lowest revenue forecast at $108,258,192,000 and the highest revenue forecast at $108,258,192,000.

What is GTLB's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: GTLB) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.7%.

What is GTLB's Price Target?

According to 9 Wall Street analysts that have issued a 1 year GTLB price target, the average GTLB price target is $81.89, with the highest GTLB stock price forecast at $130.00 and the lowest GTLB stock price forecast at $50.00.

On average, Wall Street analysts predict that Gitlab's share price could reach $81.89 by Jun 9, 2023. The average Gitlab stock price prediction forecasts a potential upside of 50.64% from the current GTLB share price of $54.36.

What is GTLB's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: GTLB) Gitlab's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that GTLB's EPS will be -$1.38 for 2023, with the lowest EPS forecast at -$1.45, and the highest EPS forecast at -$1.31. In 2024, GTLB's EPS is forecast to hit -$1.36 (min: -$1.50, max: -$1.22).

What is GTLB's forecast return on equity (ROE) for 2023-2025?

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