GitLab (GTLB, Financial) continues to be a focal point for investors as recent analyst activities shed light on its market outlook. On June 12, 2025, Canaccord Genuity analyst Kingsley Crane reaffirmed a "Buy" rating for the stock, underscoring the company's potential despite a revised price target.
The price target for GitLab (GTLB, Financial) was adjusted from USD 78.00 to USD 76.00, reflecting a modest decrease of 2.56%. This adjustment by Canaccord Genuity indicates a cautious yet optimistic stance on GitLab's future performance.
Despite the lowered price target, the "Buy" rating suggests confidence in GitLab's (GTLB, Financial) ability to deliver value to investors, with prospects that remain attractive in the current market climate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for GitLab Inc (GTLB, Financial) is $62.67 with a high estimate of $85.00 and a low estimate of $45.00. The average target implies an upside of 42.75% from the current price of $43.91. 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 $90.94, suggesting a upside of 107.13% from the current price of $43.905. 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.
