NASDAQ: GTLB

GitLab (GTLB) Stock Analysis & Forecast

Sep 28 close

$46.21−0.64 (−1.4%)

Gekko Brief

AI summary

This week's commentary on GitLab centers on valuation and analyst sentiment rather than company news. One piece argues GitLab is undervalued relative to FY2028–29E revenue and cites a 12–18 month price target of $73, pointing to accelerating AI-driven demand. Separately, brokerages have set an average price target of $51.75, with a "Hold" consensus rating from twenty-eight covering analysts. Underlying this is continued attention to GitLab's execution following its Duo Agent Platform launch and broader AI-linked development trends.

GTLB closed at $46.21, down 1.4% on the day, with price sitting above both the 50-day ($42.15) and 200-day ($32.15) moving averages, and the 50-day above the 200-day. The GekkoIndex reads 57.5, placing it in the Neutral zone. Price stands 7.7% above Gekko Fair Value of $42.91.

Earnings are scheduled for 1 December, 63 days out, placing the next report outside a typical 20-trading-day holding window. Smart-money activity shows one open-market insider purchase valued at $122,960 within the last 90 days, alongside three trailblazer holders. Consensus among 22 firms includes 6 buy, 15 hold and 1 sell ratings, with a consensus target of $55.71. Seasonality from this point in the calendar has averaged a 4.3% gain over the next 20 trading days across 4 years, rising in all 4 of them.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

GitLab price vs fair value

$46.21$42.91Sep ’25Mar ’26Sep ’26
Close $46.21200-day averageGekko Fair Value $42.91

GitLab quick facts

Market cap
$7.80B
P/E ratio
—
Forward P/E
55.3
EPS, TTM
−$0.32
Revenue, TTM
$1.06B
Profit margin
-5%
Dividend yield
—
Beta
0.99
Volume
5.19M avg 5.88M
1-year return
−1.1%
Typical daily move
±3.9%
Typical 20-day move
±11.7%
50-day average
$42.15
200-day average
$32.15
Next earnings
Dec 1 after close
Shares outstanding
165.5M
52-week range
$18.73$55.55

GitLab swing-trade checklist

GitLab scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $46.21 is above the 50-day ($42.15) and 200-day ($32.15) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    57.5, Neutral

    Reading 57.5 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    7.7% above

    Price is 7.7% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings risksupportive

    Reports in 63 days

    Next report Dec 1, 2026, 63 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.3% on average

    From this point in the calendar, the next 20 trading days averaged +4.3% over 4 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

GitLab stock chart and price history

GitLab closed at $46.21 on Sep 28, 2026, −1.1% over the past year, inside a 52-week range of $18.73 to $55.55.

Close50-day average200-day averageVolume
GitLab share price, past year, with 50-day and 200-day moving averages and volume$20$30$40$50NovDecJan 2026FebMarAprMayJunJulAugSep46.21

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+3.1%
3 months
+54.8%
6 months
+127.1%
1 year
−1.1%
The full GTLB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open GTLB in Gekko

Follow GitLab through every session

Put GTLB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About GitLab

GitLab builds software that supports teams through every stage of creating and releasing applications. Its core product, also called GitLab, brings planning, building, security checks, and release management together into one platform, giving development teams a single place to track progress and manage each step of their workflow. The company is best known for this all-in-one approach to software delivery.

Beyond the platform itself, GitLab supports its customers with training programs and consulting services, helping organizations get more value from the tool as they adopt it. The company operates across the United States, Europe, and the Asia Pacific region, reflecting a customer base that spans multiple geographies rather than a single market.

GitLab traces its roots to 2011, when it started under the name GitLab B.V., later changing to GitLab Inc. in July 2015. The company is headquartered in San Francisco, California, and its shares are listed on the NASDAQ under the ticker GTLB.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
about.gitlab.com

GitLab GekkoIndex: the smart money zone

GitLab’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 57.5, in the Neutral zone, up 6.3 points over five sessions.

010057.5Neutral

Up 6.3 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying36+1.8%+0.7%+2.3%−4.2%
Accumulation262−0.4%−0.7%−1.3%−3.8%
Neutral (current zone)332+0.4%+0.8%+0.9%+2.7%
Distribution36−2.8%−3.5%−2.8%−0.9%
Selling6Too few readings yet

Average GTLB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the GTLB price, zone by zone.Track GTLB in Gekko

Is GitLab stock overvalued? Gekko Fair Value

GitLab trades 7.7% above Gekko Fair Value of $42.91, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what GitLab shares are worth, recalculated every trading day.

$42.91

Gekko Fair Value, Sep 29, 2026

7.7% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open GTLB in Gekko

GitLab insider and Congress trading

Insiders filed 1 open-market purchase in GitLab worth $123K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$123Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Jul 1William Staples
Chief Executive Officer
Purchase4,188$123K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in GTLB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for GTLB, plotted on the chart in Gekko.Open GTLB in Gekko

Buybacks

GitLab has been buying back its own shares.

Bought back, quarter ended Jul 31, 2026
$104.6M
As a share of market cap
1.34%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold GTLB.

1added1opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

GitLab earnings: next date and track record

GitLab reports on Dec 1, 2026, after the close (63 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±7.6%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+14.7%Sep ’24+0.9%Dec ’24+4.3%Mar ’25−10.8%Jun ’25−8.9%Sep ’25−8.1%Dec ’25−4.4%Mar ’26−8.5%Jun ’26

Last earnings call, Jun 2, 2026 AI summary

What they said
GitLab reported Q1 FY2027 revenue of $264 million, up 23% YoY, with non-GAAP operating income of $38 million (14% margin). The company had 1,519 customers paying over $100K annually (up 18% YoY) and 117% dollar-based net retention. GitLab Dedicated reached $70M ARR, Ultimate tier represents 57% of ARR, and the new Duo Agent Platform (DAP) achieved nearly $20M consumption run rate in its first quarter.
Guidance
Management expects second-half FY2027 to benefit from sales capacity investments made in FY2026, with most gross bookings impact landing in H2. GitLab plans to consolidate Duo Pro and Duo Enterprise into the DAP consumption model throughout FY2027.
ReportedEPSSurpriseRevenueSurpriseMove
Jun 2, 2026$0.23
est $0.20
+15.0%$264.2M
est $254.2M
+3.9%−8.5%
Mar 3, 2026$0.30
est $0.23
+30.4%$260.4M
est $252.2M
+3.2%−4.4%
Dec 2, 2025$0.25
est $0.20
+23.6%$244.4M
est $239.3M
+2.1%−8.1%
Sep 3, 2025$0.24
est $0.16
+46.5%$236.0M
est $226.9M
+4.0%−8.9%
Jun 10, 2025$0.17
est −$0.03
+666.7%$214.5M
est $213.0M
+0.7%−10.8%
Mar 3, 2025$0.33
est $0.23
+44.9%$211.4M
est $206.2M
+2.6%+4.3%
Dec 5, 2024$0.23
est $0.15
+53.3%$196.0M
est $187.9M
+4.3%+0.9%
Sep 3, 2024$0.15
est $0.10
+51.4%$182.6M
est $176.9M
+3.2%+14.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

GitLab stock forecast and analyst price targets

Analysts’ average 12-month price target for GitLab is $55.71, +20.6% from the last close, from 22 firms rating the stock in the last 90 days.

$55.71consensus 12-month target, +20.6% from the last close
Low $25High $70
Buy6
Hold15
Sell1

Each firm’s latest rating in the last 90 days: 22 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Morgan StanleyHold, reiterated$57+23.3%
Sep 2D.A. DavidsonHold, maintained$55+19.0%
Sep 2BarclaysSell, maintained$25−45.9%
Sep 2Truist FinancialHold, reiterated$48+3.9%
Sep 2BernsteinBuy, maintained$60+29.8%
+0.9%average 20-day move after past Neutral readings
+4.3%average move over the next 20 trading days in the last 4 years
±3.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

GitLab seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, GitLab averaged +4.3% across the last 4 years, rising in 4 of them.

Next 20 trading days, by year

+3.3%2022+8.8%2023+8.2%2024+2.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.8%2 of 4
Next 10 trading days+4.0%3 of 4
Next 15 trading days+2.7%2 of 4
Next 20 trading days+4.3%4 of 4
Next 30 trading days−1.5%2 of 4

For scale, GTLB’s typical 20-trading-day move in either direction is about 11.7%.

GitLab market cap and key statistics

GitLab’s market cap is $7.80B and revenue of $1.06B over the last twelve months.

Valuation

Market cap
$7.80B
Forward P/E
55.3
EPS, TTM
−$0.32
Gekko Fair Value
$42.91

Trading

Volume
5.19M
Avg volume, 20 days
5.88M
52-week high
$55.55
52-week low
$18.73
Shares outstanding
165.5M

Financials

Revenue, TTM
$1.06B
Profit margin
-5%
Return on equity
-5.7%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
0.99
Typical daily move
±3.9%
Typical 20-day move
±11.7%

GitLab stock news this week

3 headlines about GitLab from the past week, newest first, each linking to the publisher.

GitLab peers

GitLab’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral17.3% above
PLTRPalantir Technologies+0.7%Neutral15.7% above
ORCLOracle−0.1%Accumulation25.9% below
PANWPalo Alto Networks+5.8%Neutral16.1% above
CRWDCrowdStrike+4.2%Neutral27.2% above
CRMSalesforce+1.0%Neutral5.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

GitLab stock FAQ

What is GitLab’s market cap?

GitLab’s market cap is $7.80B at the Sep 28, 2026 close of $46.21, with 165.5M shares outstanding.

What is the GitLab stock forecast?

The consensus analyst 12-month price target for GitLab is $55.71, +20.6% from the last close. Of the 22 firms that rated the stock in the last 90 days, 6 rate it a buy, 15 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is GitLab stock overvalued or undervalued?

On Gekko’s estimate GitLab is overvalued: the Sep 28, 2026 close of $46.21 is 7.7% above Gekko Fair Value of $42.91. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does GitLab report earnings next?

GitLab is expected to report on Dec 1, 2026, after the market closes (63 days away). Analysts expect earnings of $0.20 per share on revenue of $282.2M. GitLab beat the earnings estimate in 8 of its last 8 reports, moving 7.6% on average across the report.

What is GitLab’s 52-week high and low?

GitLab’s 52-week high is $55.55 and its 52-week low is $18.73; it closed at $46.21 on Sep 28, 2026, −1.1% over the past year. Over the last five years the shares peaked at $137.00 on Nov 9, 2021.

Is GitLab stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (trend, smart money, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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