GTLB Reports Significant Growth in Key Metrics | GTLB Stock News

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Jun 10, 2025

GitLab's (GTLB, Financial) latest financial performance shows significant progress, as customers with annual recurring revenue (ARR) exceeding $5,000 increased to 10,104, reflecting a 13% rise compared to last year. Moreover, those with more than $100,000 in ARR grew to 1,288, marking a 26% year-over-year increase. The company's Dollar-Based Net Retention Rate reached an impressive 122%.

The total remaining performance obligations (RPO) saw a substantial 40% increase, reaching $955.1 million. Meanwhile, the current RPO (cRPO) climbed 34% to $584.8 million. These figures highlight GitLab's ongoing expansion and strong retention of existing customer revenue.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 26 analysts, the average target price for GitLab Inc (GTLB, Financial) is $71.74 with a high estimate of $90.00 and a low estimate of $45.00. The average target implies an upside of 47.88% from the current price of $48.51. More detailed estimate data can be found on the GitLab Inc (GTLB) Forecast page.

Based on the consensus recommendation from 29 brokerage firms, GitLab Inc's (GTLB, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for GitLab Inc (GTLB, Financial) in one year is $96.41, suggesting a upside of 98.74% from the current price of $48.51. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the GitLab Inc (GTLB) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.