On July 15, 2025, GitLab (GTLB, Financial) received a new coverage initiation from Rosenblatt. Analyst Blair Abernethy announced a Buy rating for the company. This marks the beginning of coverage from Rosenblatt on GitLab.
As part of the coverage initiation, a price target of USD 58.00 has been set for GitLab (GTLB, Financial). The price target reflects Blair Abernethy's evaluation without any prior price target to compare. The rating and price target align with Rosenblatt's optimistic outlook on the company's future performance.
Investors and market participants tracking GitLab (GTLB, Financial) may consider this initiation as a potential indicator of the company's growth prospects. As of the coverage announcement, the stock has been rated Buy, suggesting confidence in its market trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for GitLab Inc (GTLB, Financial) is $62.34 with a high estimate of $85.00 and a low estimate of $45.00. The average target implies an upside of 46.43% from the current price of $42.57. More detailed estimate data can be found on the GitLab Inc (GTLB) Forecast page.
Based on the consensus recommendation from 28 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 $92.46, suggesting a upside of 117.2% from the current price of $42.57. 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.
