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

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Analyst price target for GTLB

Based on 12 analysts offering 12 month price targets for Gitlab Inc.
Min Forecast
$45.00+9.04%
Avg Forecast
$76.25+84.76%
Max Forecast
$130.00+215%

Should I buy or sell GTLB stock?

Based on 13 analysts offering ratings for Gitlab Inc.
Strong Buy
Strong Buy
8 analysts 61.54%
Buy
4 analysts 30.77%
Hold
1 analysts 7.69%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GTLB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 21%
21
HoldMaintains$45.00+9.04%2022-12-01
RBC Capital
Bottom 1%
1
BuyMaintains$55.00+33.27%2022-11-28
Moffett Nathanson
Top 28%
73
Strong BuyInitiates Coverage On$104.00+152.00%2022-09-22
Needham
Bottom 4%
4
BuyMaintains$60.00+45.38%2022-09-07
Goldman Sachs
Top 23%
78
Strong BuyUpgrades$80.00+93.85%2022-06-27Find out why
ScotiaBank
Bottom 17%
17
BuyInitiates Coverage On$62.00+50.23%2022-06-09
UBS
Top 12%
89
Strong BuyMaintains$59.00+42.96%2022-06-07Find out why
Piper Sandler
Top 3%
98
Strong BuyMaintains$60.00+45.38%2022-06-07
Anonymous
KeyBanc
Strong BuyMaintains$63.00+52.65%2022-04-25
Truist Securities
Top 18%
83
Strong BuyMaintains$105.00+154.42%2022-03-15

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Forecast return on equity

Is GTLB forecast to generate an efficient return?
Company
N/A
Industry
20.49%
Market
62.54%

Forecast return on assets

Is GTLB forecast to generate an efficient return on assets?
Company
N/A
Industry
5.78%

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+20.42%
Avg 2 year Forecast
$561.6M+68.63%
Avg 3 year Forecast
$733.0M+120.08%
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
29.79%
Industry
13.87%
Market
6.8%
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$41.27$76.25+84.76%Strong Buy
XM$10.51$20.92+99.08%Strong Buy
DSGX$71.53$72.50+1.36%Hold
NATI$41.65$46.67+12.05%Strong Buy
ESTC$56.03$100.83+79.96%Buy

Gitlab Stock Forecast FAQ

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

The consensus among 13 Wall Street analysts covering (NASDAQ: GTLB) stock is to Strong Buy GTLB stock.

Out of 13 analysts, 8 (61.54%) are recommending GTLB as a Strong Buy, 4 (30.77%) are recommending GTLB as a Buy, 1 (7.69%) 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 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 30%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17%.

Gitlab's earnings in 2022 is -$172,135,000.On average, 2 Wall Street analysts forecast GTLB's earnings for 2023 to be -$205,344,000, with the lowest GTLB earnings forecast at -$215,760,000, and the highest GTLB earnings forecast at -$194,928,000.

In 2024, GTLB is forecast to generate -$202,368,000 in earnings, with the lowest earnings forecast at -$223,200,000 and the highest earnings forecast at -$181,536,000.

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

(NASDAQ: GTLB) Gitlab's forecast annual revenue growth rate of 29.79% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.87%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Gitlab's revenue in 2022 is $333,044,000.On average, 5 Wall Street analysts forecast GTLB's revenue for 2023 to be $59,674,752,000, with the lowest GTLB revenue forecast at $59,564,640,000, and the highest GTLB revenue forecast at $59,817,600,000. On average, 4 Wall Street analysts forecast GTLB's revenue for 2024 to be $83,569,800,000, with the lowest GTLB revenue forecast at $81,244,800,000, and the highest GTLB revenue forecast at $88,238,400,000.

In 2025, GTLB is forecast to generate $109,064,448,000 in revenue, with the lowest revenue forecast at $109,064,448,000 and the highest revenue forecast at $109,064,448,000.

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 5.78%.

What is GTLB's Price Target?

According to 12 Wall Street analysts that have issued a 1 year GTLB price target, the average GTLB price target is $76.25, with the highest GTLB stock price forecast at $130.00 and the lowest GTLB stock price forecast at $45.00.

On average, Wall Street analysts predict that Gitlab's share price could reach $76.25 by Dec 1, 2023. The average Gitlab stock price prediction forecasts a potential upside of 84.76% from the current GTLB share price of $41.27.

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

(NASDAQ: GTLB) Gitlab's current Earnings Per Share (EPS) is -$1.26. 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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