On June 25, 2025, RBC Capital analyst Matthew Hedberg reiterated his "Outperform" rating for GitLab (GTLB, Financial). The current price target remains steady at $62.00, unchanged from its prior evaluation. Hedberg's analysis continues to reflect confidence in GitLab’s market performance.
The decision to maintain the price target suggests that RBC Capital foresees consistent potential in GitLab's stock (GTLB, Financial) value. Despite any market fluctuations, the firm's expectations for GitLab remain optimistic.
GitLab (GTLB, Financial), a leading platform for DevOps software development, has been consistently performing within RBC Capital’s projected metrics. The reiteration of the "Outperform" rating further emphasizes GitLab's stable positioning in the industry.
Investors might find this consistent rating from RBC Capital as a reassuring signal for GitLab (GTLB, Financial) amidst an ever-evolving market landscape. The unchanged price target of $62.00 underscores the company’s enduring value proposition.
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 $62.25 with a high estimate of $85.00 and a low estimate of $45.00. The average target implies an upside of 46.06% from the current price of $42.62. 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 $90.89, suggesting a upside of 113.26% from the current price of $42.62. 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.
