Gitlab (GTLB)
(Real Time Quote from BATS)
$53.54 USD
-1.67 (-3.03%)
Updated May 7, 2024 02:48 PM ET
3-Hold of 5 3
F Value A Growth C Momentum C VGM
GitLab Inc. (GTLB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$71.14 | $85.00 | $55.00 | 28.85% |
Price Target
Based on short-term price targets offered by 21 analysts, the average price target for GitLab Inc. comes to $71.14. The forecasts range from a low of $55.00 to a high of $85.00. The average price target represents an increase of 28.85% from the last closing price of $55.21.
Analyst Price Targets (21)
Broker Rating
GitLab Inc. currently has an average brokerage recommendation (ABR) of 1.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 23 brokerage firms. The current ABR compares to an ABR of 1.43 a month ago based on 23 recommendations.
Of the 23 recommendations deriving the current ABR, 17 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 73.91% and 8.7% of all recommendations. A month ago, Strong Buy made up 73.91%, while Buy represented 8.7%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 17 | 17 | 17 | 14 | 13 |
Buy | 2 | 2 | 2 | 1 | 1 |
Hold | 4 | 4 | 4 | 5 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.43 | 1.43 | 1.43 | 1.55 | 1.65 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/12/2024 | Raymond James | Adam Tindle | Hold | Moderate Buy |
4/1/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
3/22/2024 | Capital One Securities | Connor Murphy | Not Available | Strong Buy |
3/19/2024 | KeyBanc Capital Markets | Jason Celino | Strong Buy | Strong Buy |
3/5/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
3/5/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Strong Buy | Strong Buy |
3/5/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
3/5/2024 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
2/14/2024 | Cantor Fitzgerald & Co | Yi F Lee | Not Available | Strong Buy |
1/19/2024 | BTIG | Gray Powell | Strong Buy | Strong Buy |
12/5/2023 | Needham & Company | Michael J Cikos | Hold | Hold |
12/5/2023 | Scotiabank | Nicholas W Altmann | Strong Buy | Strong Buy |
9/6/2023 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.43 |
ABR (Last week) | 1.43 |
# of Recs in ABR | 23 |
Average Target Price | $71.14 |
LT Growth Rate | 23.90% |
Industry | Internet - Software |
Industry Rank by ABR | 70 of 252 |
Current Quarter EPS Est: | -0.04 |