GitLab Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results

Go back to GitLab Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results

Macquarie Reiterates Outperform Rating on GitLab Inc (GTLB), PT $90

March 4, 2025 6:16 AM EST

Macquarie analyst Steve Koenig reiterated an Outperform rating and $90.00 price target on GitLab Inc (NASDAQ: GTLB)

The analyst comments "GTLB posted 29% Y/Y revenue growth on non-GAAP operating margin of 18%, up 960 bps Y/Y. RPO, cRPO, and calculated billings metrics were strong, growing 40%, 35%, and 32% Y/Y, respectively. Other developments included the announcement of... More

Needham Reiterates Buy Rating on GitLab Inc (GTLB), Remains Top Pick

March 4, 2025 6:10 AM EST

Needham analyst Mike Cikos reiterated a Buy rating and $85.00 price target on GitLab Inc (NASDAQ: GTLB)

The analyst comments "GitLab guided FY26 Revenue and Operating Income in line with the sell-side model, which we view as a win for investors, given (1) management... More

GitLab Inc (GTLB) PT Lowered to $76 at Bernstein SocGen Group

March 4, 2025 6:03 AM EST

Bernstein SocGen Group analyst Peter Weed lowered the price target on GitLab Inc (NASDAQ: GTLB) to $76.00 (from $78.00) while maintaining a Outperform rating.

The analyst comments "GitLabs FQ425 earnings (Jan 25 end) revenue delivered a normal beat of 2.9% vs. guide (this year beats were between 2.2 and... More

GitLab Inc (GTLB) PT Lowered to $80 at Goldman Sachs

March 4, 2025 4:55 AM EST

Goldman Sachs analyst Kash Rangan lowered the price target on GitLab Inc (NASDAQ: GTLB) to $80.00 (from $88.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating while lowering our PT to $80 ($88 prior) after GitLab reported solid results with revenue +29% yoy (+3% vs. Consensus), OpM of 18% (+400bps), and FCF margin of 29% (+900bps). GitLab is +2%... More

GitLab Inc (GTLB) PT Lowered to $69 at Wolfe Research

March 4, 2025 4:45 AM EST

Wolfe Research analyst Allan Verkhovski lowered the price target on GitLab Inc (NASDAQ: GTLB) to $69.00 (from $78.00) while maintaining a Outperform rating.

The analyst comments "GTLB delivered F4Q results ahead of guidance across all key metrics to close out the year, while guiding FY26 revenue in-line with consensus on a dollar basis.The company also announced that Ian Steward, who previously served as CRO of Tricentis, will step in as GTLB's new CRO. Total revenue grew 29%, 2.5% ahead of guidance (vs 4.6% in... More

DA Davidson Reiterates Neutral Rating on GitLab Inc (GTLB)

March 4, 2025 4:45 AM EST

DA Davidson analyst Gil Luria reiterated a Neutral rating and $60.00 price target on GitLab Inc (NASDAQ: GTLB).

The analyst comments "Strong Ultimate Growth and Forward-Looking Metrics. GitLab continues to see traction with its Ultimate tier which grew over 90% Y/Y and now represents... More

Truist Securities Reiterates Buy Rating on GitLab Inc (GTLB)

March 4, 2025 4:43 AM EST

Truist Securities analyst Joel Fishbein Jr. reiterated a Buy rating and $90.00 price target on GitLab Inc (NASDAQ: GTLB)

The analyst comments "GTLB delivered strong results to close out FY25. We believe that the company is executing on their opportunity to offer... More