GitLab Reports Third Quarter Fiscal Year 2025 Financial Results

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GitLab Inc (GTLB) PT Raised to $90 at Truist Securities

December 6, 2024 6:55 AM EST

Truist Securities analyst Joel Fishbein Jr. raised the price target on GitLab Inc (NASDAQ: GTLB) to $90.00 (from $80.00) while maintaining a Buy rating.

The analyst comments "GTLB delivered 3Q25 results that were ahead of our expectations on the top and bottom lines with broad... More

GitLab Inc (GTLB) PT Raised to $80 at Cantor Fitzgerald

December 6, 2024 6:38 AM EST

Cantor Fitzgerald analyst Jonathan Ruykhaver raised the price target on GitLab Inc (NASDAQ: GTLB) to $80.00 (from $75.00) while maintaining a Overweight rating.

The analyst comments "We reiterate our Overweight rating and increase our 12-month price target to $80 from $75 on a solid F3Q25 print. GTLB... More

GitLab Inc (GTLB) PT Raised to $86 at BTIG

December 6, 2024 6:31 AM EST

BTIG analyst Gary Powell raised the price target on GitLab Inc (NASDAQ: GTLB) to $86.00 (from $63.00) while maintaining a Buy rating.

The analyst comments "GTLB delivered very strong FQ3 results and guided FQ4 revenue above street forecasts. Most notably, GTLB posted revenue of $196.0MM / +31.0% y/y about 4% ahead of our estimate of $187.8MM / 25.5% (Street... More

GitLab Inc (GTLB) PT Raised to $70 at DA Davidson

December 6, 2024 6:23 AM EST

DA Davidson analyst Gil Luria raised the price target on GitLab Inc (NASDAQ: GTLB) to $70.00 (from $50.00) while maintaining a Neutral rating.

The analyst comments "GitLab reported a strong quarter in the face of a cautious spending environment for software with healthy results from... More

GitLab Inc (GTLB) PT Raised to $80 at Raymond James

December 6, 2024 6:07 AM EST

Raymond James analyst Adam Tindle raised the price target on GitLab Inc (NASDAQ: GTLB) to $80.00 (from $70.00) while maintaining a Outperform rating.

The analyst comments "We reiterate our Outperform rating on GTLB after robust F3Q (Oct) results and FY25 guidance that came in above RJe buyside bogeys across the board (link). We admittedly were nervous on expectations into this print as GTLB... More