GitLab Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
GitLab Inc. (NASDAQ:GTLB) will release its second quarter earnings report after the closing bell on Tuesday, Sept. 1.
Analysts expect the San Francisco, California-based company to report quarterly earnings of 18 cents per share, down from 24 cents per share in the year-ago period. The consensus estimate for GitLab’s quarterly revenue is $273.36 million. It reported $235.96 million last year, according to Benzinga Pro.
On June 10, GitLab expanded its partnership with Alphabet Inc.’s (NASDAQ:GOOGL) Google Cloud by launching a fully managed GitLab offering designed for enterprises with strict data sovereignty and compliance requirements.
Shares of GitLab rose 3.7% to close at $46.54 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Cantor Fitzgerald analyst Jonathan Ruykhaver maintained a Neutral rating and increased the price target from $35 to $50 on Aug. 31, 2026. This analyst has an accuracy rate of 74%.
- BTIG analyst Nick Altmann maintained a Buy rating and raised the price target from $36 to $52 on Aug. 31, 2026. This analyst has an accuracy rate of 65%.
- TD Cowen analyst Derrick Wood maintained a Hold rating and raised the price target from $29 to $42 on Aug. 27, 2026. This analyst has an accuracy rate of 71%.
- JP Morgan analyst Brian Essex maintained a Neutral rating and boosted the price target from $32 to $44 on Aug. 26, 2026. This analyst has an accuracy rate of 66%.
- Wells Fargo analyst Ryan Macwilliams maintained an Equal-Weight rating and boosted the price target from $26 to $40 on Aug. 25, 2026. This analyst has an accuracy rate of 67%.
Considering buying GTLB stock? Here’s what analysts think:
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