
GitLab (GTLB) Stock Forecast & Price Target
GitLab (GTLB) Analyst Ratings
Bulls say
GitLab Inc. demonstrated significant growth in its financial metrics, with Total Remaining Performance Obligations (RPO) increasing by 32% year-over-year to $988.2 million, and Current RPO also rising by 32% to $621.6 million, reflecting strong demand for its all-remote DevSecOps platform. Additionally, the company saw a 25% year-over-year growth in its net adds of customers contributing over $100,000 in Annual Recurring Revenue (ARR), reaching a total of 1,344 customers. Furthermore, GitLab raised its operating margin target for fiscal year 2026 by 160 basis points to 14.3%, indicating an optimistic outlook driven by recent performance and improved visibility into future spending.
Bears say
GitLab Inc faces multiple risks that contribute to a negative outlook for its stock, including potential deceleration in subscription revenue and a fading revenue uplift from transitioning Data Center customers to cloud services. The company's dollar-based net retention rate has decreased to 121%, indicating a slight decline in customer expansion metrics, combined with increasing competition from major players like Microsoft and ServiceNow that could further erode market share. Additionally, high trading multiples coupled with execution risks and a challenging macroeconomic environment may lead to a reassessment of GitLab's market valuation and future growth prospects.
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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