GitLab shares drop despite strong Q3 growth, profitability gains
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GitLab Inc (GTLB) PT Lowered to $55 at Rosenblatt
December 3, 2025 6:16 AM ESTRosenblatt analyst Blair Abernethy lowered the price target on GitLab Inc (NASDAQ: GTLB) to $55.00 (from $58.00) while maintaining a Buy rating.
The analyst comments "GitLab reported Q3 revenue growth of 25% Y/Y to $244.4m, ~2.5% above our estimates. Q3 revenue was mainly driven by... More
