GitLab Reports First Quarter Fiscal Year 2026 Financial Results
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GitLab Inc (GTLB) PT Lowered to $75 at Macquarie
June 11, 2025 12:09 PM EDTMacquarie analyst Steve Koenig lowered the price target on GitLab Inc (NASDAQ: GTLB) to $75.00 (from $90.00) while maintaining a Outperform rating.
The analyst comments "GTLB's 1Q was disappointing, with a relatively meager $1.5M revenue beat and no change to full-year revenue guidance. We calculate the company added $8.9M in subscription revenue sequentially, roughly flat with the... More
