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

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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 $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

'Multiple catalysts' can drive this AI stock higher, BofA says

December 6, 2024 6:00 AM EST

GitLab Inc. is poised for growth as several potential catalysts align to boost its stock. Analysts at BofA Securities have reiterated a "buy" rating, raising their price objective for the company to $75, up from $68. The current share price stands at $63.75.

Analysts are optimistic about GitLab's trajectory, citing multiple factors that could fuel a rally. Key among these is the company's potential to exceed revenue expectations.

While GitLabs revenue beat for recent quarters has been below... More

GitLab Inc (GTLB) PT Raised to $80 at KeyBanc

December 6, 2024 1:58 AM EST

KeyBanc analyst Jason Celino raised the price target on GitLab Inc (NASDAQ: GTLB) to $80.00 (from $74.00) while maintaining a Overweight rating.... More

Gitlab soars in afterhours on upbeat guidance, Q3 results beat; names new CEO

December 5, 2024 4:59 PM EST

nvesting.com -- Gitlab reported Thursday upbeat guidance following fiscal third-quarter results that topped estimates and the coding company announced a new chief executive. 


The company said it had appointed Bill Staples as CEO,... More

GitLab Inc (GTLB) Tops Q3 EPS by 8c; offers guidance

December 5, 2024 4:07 PM EST

GitLab Inc (NASDAQ: GTLB) reported Q3 EPS of $0.23, $0.08 better than the analyst estimate of $0.15. Revenue for the quarter came in at $196 million versus the consensus estimate of $187.87 million.

GUIDANCE:

GitLab Inc sees Q4 2025 EPS of $0.22-$0.23, versus the consensus... More

GitLab Inc (GTLB) Appoints Bill Staples as CEO

December 5, 2024 4:07 PM EST

All RemoteGitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, announced Bill Staples was named CEO and a member of the board of directors effective today. Staples succeeds co-founder and CEO Sid Sijbrandij, who is stepping down from the day-to-day role to focus on his health. At the same time, Sijbrandij will transition to executive chair of GitLabs board of directors.

I am very pleased to welcome Bill to the role of CEO at GitLab. I believe his passion for software, commitment to customers, and strong track record make... More

GitLab Inc (GTLB) PT Raised to $75 at Scotiabank

December 4, 2024 7:10 AM EST

(Updated - December 4, 2024 7:12 AM EST)

Scotiabank analyst Nick Altmann raised the price target on GitLab Inc (NASDAQ: GTLB) to $75.00 (from $65.00) while maintaining a Sector Outperform rating.

The analyst commented: "Investors will be looking for continued bookings strength after GTLB posted a bounce-back 2Q (cRPO... More