Gitlab Inc. (GTLB) Social Stream



Gitlab Inc. (GTLB): $42.94

0.79 (+1.87%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

D

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Industry: Software - Application

Industry

C

Ranked

#113 of 132

in industry

GITLAB INC (GTLB) Price Targets From Analysts

Use the tables below to see what analysts covering GITLAB INC think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-12-06 9 $175 $114 $140.125 $45 211.39%
2021-12-08 9 $175 $100 $128 $45 184.44%
2021-12-14 9 $175 $99 $126.125 $45 180.28%
2022-01-05 9 $175 $99 $124.25 $45 176.11%
2022-01-18 9 $175 $99 $124.25 $45 176.11%
2022-01-27 9 $175 $99 $124.25 $45 176.11%
2022-02-04 9 $175 $90 $122.125 $45 171.39%
2022-03-08 9 $175 $90 $117.125 $45 160.28%
2022-03-20 9 $143 $50 $86.75 $45 92.78%
2022-04-18 9 $143 $50 $83.5 $45 85.56%
2022-04-25 9 $143 $63 $85.125 $45 89.17%
2022-05-27 9 $143 $63 $83.875 $45 86.39%
2022-06-09 9 $95 $59 $66.375 $45 47.5%
2022-08-13 11 $95 $59 $69.7 $45 54.89%
2022-08-23 11 $95 $59 $70.6 $45 56.89%
2022-08-31 11 $95 $62 $72.9 $45 62%
2022-09-01 12 $95 $62 $72 $45 60%
2022-09-07 12 $95 $60 $71.181 $45 58.18%
2022-09-17 12 $95 $55 $70.454 $45 56.56%
2022-11-27 13 $104 $55 $73.25 $45 62.78%
2022-11-29 13 $104 $55 $71.75 $45 59.44%
2022-12-01 13 $104 $45 $70.5 $45 56.67%
2022-12-06 13 $104 $45 $69.666 $45 54.81%
2022-12-07 13 $104 $45 $70.083 $45 55.74%
2023-01-04 14 $104 $45 $69.692 $45 54.87%
2023-01-05 14 $104 $45 $69.538 $45 54.53%
2023-01-10 14 $104 $45 $68 $45 51.11%
2023-01-26 15 $104 $45 $67.428 $45 49.84%
2023-02-17 15 $104 $45 $67.428 $45 49.84%
2023-03-02 15 $104 $45 $65.785 $45 46.19%
2023-03-06 15 $104 $45 $66.5 $45 47.78%
2023-03-14 15 $104 $39 $61.571 $45 36.82%
2023-03-15 15 $104 $39 $60.071 $45 33.49%
2023-04-05 16 $80 $33 $54.866 $45 21.92%
2023-05-03 16 $80 $33 $53.133 $45 18.07%
2023-05-04 16 $80 $33 $52.133 $45 15.85%
2023-06-01 18 $80 $30 $49.941 $45 10.98%
2023-06-06 18 $80 $30 $49.352 $45 9.67%
2023-06-07 18 $80 $37 $51.882 $45 15.29%
2023-06-23 19 $60 $37 $51.812 $45 15.14%
2023-07-17 18 $60 $37 $52.125 $45 15.83%
2023-07-18 18 $60 $37 $52.75 $45 17.22%
2023-08-31 18 $60 $37 $53.25 $45 18.33%
2023-09-05 18 $65 $37 $54.687 $45 21.53%
2023-09-07 18 $65 $37 $58.333 $45 29.63%
2023-09-12 20 $65 $37 $58.764 $45 30.59%

The Trend in the Analyst Price Target


Over the past 22 months, GTLB's average price target has gone down $80.

GTLB reports an average of 42.72% for its upside potential over the past 48 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-11-27 13 104 55 73.250 39.40 85.91%
2023-02-17 15 104 45 67.428 45.45 48.36%
2023-03-06 15 104 45 66.500 51.19 29.91%
2023-06-23 18 60 37 51.812 48.66 6.48%
2023-09-12 19 65 48 60.125 52.35 14.85%

GTLB Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.65 13 1 6 0 0 20

The Trend in the Broker Recommendations


Over the past 48 weeks, GTLB's average broker recommendation rating worsened by 0.37.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for GTLB as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, GITLAB INC's variance in analysts' estimates is lower than -3693.95% of them.
  • To contextualize these metrics, consider that out of all US stocks, GITLAB INC's number of analysts covering the stock is greater than 3774.28% of them.
  • GTLB has a higher upside potential (average analyst target price relative to current price) than 3495.16% of stocks in the large market cap category.
  • In terms of how GITLAB INC fares relative to stocks in the large market cap category, note that its average analyst price target is greater than 2196.55% of that group.

In the Business Services industry, INFA, MBLY, and ANGI are the three stocks most similar to GITLAB INC regarding the price target and analyst recommendation information presented here.

Is GTLB a Buy, Hold or Sell? See the POWR Ratings now!


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