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GitLab Inc (GTLB) PT Lowered to $29 at Morgan Stanley

Mon, 09 Mar 2026 17:30:43 -0400

Morgan Stanley analyst Sanjit Singh lowered the price target on GitLab Inc (NASDAQ: GTLB) to $29.00 (from $38.00) while maintaining a Equalweight rating.

The analyst commented, "Following 4Q26 results, we remain EW GTLB shares, lower our estimates to reflect a cautious outlook and incremental investments, and lower our price target to $29 from $38 as we apply a lower valuation multiple (15x vs 18x prior) on lowered estimates... Remain EW But Lower PT to $29. Following 4Q26 results (read 4Q26 Results: FY27 to Be a Transition Year to Set Up Better Growth), we remain Equal-weight GTLB shares, lower our estimates to

GitLab Inc (GTLB) PT Lowered to $29 at Morgan Stanley

Mon, 09 Mar 2026 17:30:43 -0400

Morgan Stanley analyst Sanjit Singh lowered the price target on GitLab Inc (NASDAQ: GTLB) to $29.00 (from $38.00) while maintaining a Equalweight rating.

Bernstein Reiterates Outperform Rating on GitLab Inc (GTLB)

Mon, 09 Mar 2026 07:28:45 -0400

Bernstein SocGen Group analyst Peter Weed reiterated an Outperform rating and $60.00 price target on GitLab Inc (NASDAQ: GTLB).

The analyst commented: "H2 setup for re-acceleration into next FY; GitLab’s decelerating guides the last few quarters have been frustrating (each a touch below consensus) — not surprisingly they led to the stock dropping from a steady range around $40-50/share down to ~$25 as we write (Exhibit 1). This deceleration felt confusing, because our checks are positive, Duo adoption appears strong, and we believe they have a durable strategic positioning in the face of LLMs. In fact, it's not just that they

GitLab Inc (GTLB) PT Lowered to $24 at DA Davidson on Worsening Growth Trends

Thu, 05 Mar 2026 09:13:19 -0400

(Updated - March 5, 2026 9:13 AM EST)

DA Davidson analyst Lucky Schreiner lowered the price target on GitLab Inc (NASDAQ: GTLB) to $24.00 (from $30.00) while maintaining a Neutral rating.

The analyst commented, "GitLab reported a solid beat but worsening growth trends and a conservative guide lead us to reduce our FY27 estimates. Separate from the call, rumors of potential new competition from OpenAI sent shares down further after hours. We believe GitLab should benefit from AI tailwinds eventually but given the near term dynamics around demand, pricing and GTM changes we are waiting to see more clear signs of growth

GitLab Inc (GTLB) PT Lowered to $24 at DA Davidson on Worsening Growth Trends

Thu, 05 Mar 2026 09:13:19 -0400

(Updated - March 5, 2026 9:13 AM EST)

DA Davidson analyst Lucky Schreiner lowered the price target on GitLab Inc (NASDAQ: GTLB) to $24.00 (from $30.00) while maintaining a Neutral rating.

Macquarie Reiterates Neutral Rating on GitLab Inc (GTLB): "We are concerned about pressure on developer headcount"

Thu, 05 Mar 2026 08:57:14 -0400

Macquarie analyst Steve Koenig reiterated a Neutral rating and $26.00 price target on GitLab Inc (NASDAQ: GTLB)

The analyst commented, "Our target price remains at $26 on slightly higher multiples and slightly lower revenue, FCF, and EPS estimates. GTLB's guidance was disappointing; management hopes to improve its bookings execution through several strategic initiatives. We are concerned about pressure on developer headcount and the potential for LLM-based coding tooling to expand into SDLC automation... We think GTLB's bookings deceleration stems partly from sales execution associated with repeated CRO turnover and a lack of focus on first orders. In addition, downward pressure on

GitLab Inc (GTLB) March 25 and 32.50 puts active, share price down 7.5%

Wed, 04 Mar 2026 15:37:24 -0400

GitLab Inc (NASDAQ: GTLB) 30-day option implied volatility is at 67; compared to its 52-week range of 43 to 94 with a focus on March 25 and 32.50 puts as share price down 7.5%.

Cantor Fitzgerald Reiterates Neutral Rating on GitLab Inc (GTLB) as Stock Down on SMB Softness

Wed, 04 Mar 2026 09:12:52 -0400

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Neutral rating and $30.00 price target on GitLab Inc (NASDAQ: GTLB).

The analyst commented, "Gitlab delivered solid F4Q results, outperforming FactSet consensus estimates on revenue, operating margin, and free cash flow. While revenue grew 26% in FY26, management noted that ~300 bps of growth was driven by one-time benefits, including the premium price increase from three years ago and favorable FX dynamics. The company initiated FY27 guidance, projecting 15%–17% revenue growth and an ~5-point decline in operating margins. The tone of the call positioned FY27 as a rebuilding year, with management focused on scaling

TD Cowen Reiterates Hold Rating on GitLab Inc (GTLB)

Wed, 04 Mar 2026 08:41:07 -0400

TD Cowen analyst J. Derrick Wood reiterated a Hold rating and $29.00 price target on GitLab Inc (NASDAQ: GTLB).

The analyst commented: "Good 4Q But Growth & Margin Guide Below Street As Mgmt Takes on a Lot of Change; GTLB reported a 4Q beat but flagged N.A. softness & FY27 growth guide of 15-17% was below Street at 19%, while op margin guide of ~12% was well below Street at ~16%. Mgmt acknowledged past execution challenges and laid out a multi-faceted plan to address them, but this will take time to show up in the model and AI lab competitive questions

GitLab Inc (GTLB) PT Lowered to $44 at UBS

Wed, 04 Mar 2026 08:24:21 -0400

UBS analyst Karl Keirstead lowered the price target on GitLab Inc (NASDAQ: GTLB) to $44.00 (from $51.00) while maintaining a Buy rating.

GitLab downgraded at Piper Sandler as guidance clouds outlook; stock dips

Wed, 04 Mar 2026 07:52:17 -0400

Investing.com -- Piper Sandler on Wednesday downgraded GitLab to Neutral from Overweight, citing lingering uncertainty around its growth outlook after the software company issued weak guidance for fiscal 2027 (F27).

The brokerage also slashed its price target to $28 from $55.

GitLab shares fell around 8% in premarket trading.

Piper Sandler analysts said the downgrade reflects concerns that the company’s near-term fundamentals may remain pressured as management prioritizes stabilization and increased spending.

“While the modest valuation… and the appearance of a meaningfully de-risked guidance did weigh on our thought process to remain more constructive, the messaging around F’27 being a year of finding stabilization

GitLab downgraded at Piper Sandler as guidance clouds outlook; stock dips

Wed, 04 Mar 2026 07:52:17 -0400

The brokerage also slashed its price target to $28 from $55.

GitLab shares fell around 8% in premarket trading.

Piper Sandler analysts said the downgrade reflects concerns that the company’s near-term fundamentals may remain pressured as management prioritizes stabilization and increased spending.

GitLab Inc (GTLB) PT Lowered to $60 at Bernstein SocGen Group

Wed, 04 Mar 2026 07:24:42 -0400

Bernstein SocGen Group analyst Peter Weed lowered the price target on GitLab Inc (NASDAQ: GTLB) to $60.00 (from $70.00) while maintaining an Outperform rating.

The analyst commented: "GitLab’s FQ4’26 was a good quarter when taken on its own, delivering a nearly $9MM beat vs. midpoint guide (only one larger beat than that in the last two years). This result was particularly driven by their SaaS offering, that grew 38% YoY and reached 32% of revenue — they even guided for SaaS to increase its mix by a couple hundred basis points more in the coming FY27. But the company spoiled this

GitLab Inc (GTLB) PT Lowered to $60 at Bernstein SocGen Group

Wed, 04 Mar 2026 07:24:42 -0400

Bernstein SocGen Group analyst Peter Weed lowered the price target on GitLab Inc (NASDAQ: GTLB) to $60.00 (from $70.00) while maintaining an Outperform rating.

GitLab Inc (GTLB) PT Lowered to $40 at Canaccord

Wed, 04 Mar 2026 07:07:31 -0400

(Updated - March 4, 2026 7:07 AM EST)

Canaccord analyst Kingsley Crane lowered the price target on GitLab Inc (NASDAQ: GTLB) to $40.00 (from $70.00) while maintaining a Buy rating.

The analyst commented: "This continues to be a growth-first software market. The key proof points through the year are whether and when NRR stabilizes (management expects a slight further dip before leveling), whether the GTM investments translate into visible bookings acceleration, and whether DAP pilots start converting to committed credits in the back half. We think more than half of the re-acceleration path is within management's control, and the risk/reward at current

GitLab Inc (GTLB) PT Lowered to $40 at Canaccord

Wed, 04 Mar 2026 07:07:31 -0400

(Updated - March 4, 2026 7:07 AM EST)

Canaccord analyst Kingsley Crane lowered the price target on GitLab Inc (NASDAQ: GTLB) to $40.00 (from $70.00) while maintaining a Buy rating.

GitLab Inc (GTLB) PT Lowered to $32 at Needham

Wed, 04 Mar 2026 06:41:00 -0400

Needham analyst Mike Cikos lowered the price target on GitLab Inc (NASDAQ: GTLB) to $32.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "GitLab guided to 16% yr-yr Revenue growth (Street 17%) into subdued expectations where investors were looking for a growth reset as the company laps the Premium price increase and receives its first full-year guide under a new CFO. Given the ratable Revenue recognition model and the lack of Bookings & First Orders in recent years, FY27 is a rebuilding year - reflected by management's 5-step plan to reinvigorate growth via higher-than-expected expenses, with guided Operating Margin

GitLab Inc (GTLB) PT Lowered to $32 at Needham

Wed, 04 Mar 2026 06:41:00 -0400

Needham analyst Mike Cikos lowered the price target on GitLab Inc (NASDAQ: GTLB) to $32.00 (from $50.00) while maintaining a Buy rating.

GitLab Inc (GTLB) PT Lowered to $30 at Mizuho

Wed, 04 Mar 2026 06:32:55 -0400

Mizuho analyst Gregg Moskowitz lowered the price target on GitLab Inc (NASDAQ: GTLB) to $30.00 (from $37.00) while maintaining a Neutral rating.

GitLab Inc (GTLB) PT Lowered to $43 at Rosenblatt

Wed, 04 Mar 2026 06:04:45 -0400

Rosenblatt analyst Blair Abernethy lowered the price target on GitLab Inc (NASDAQ: GTLB) to $43.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "GitLab reported Q4 revenue growth of 23% Y/Y to $260m, ~3% above our estimates. Q4 revenue growth was supported by ~1% ($3m) in one-time items. Subscription revenues grew 26% Y/Y (vs our 23%), representing 90% of total revenue. Despite the beat, Gitlab did see softer performance in the US market, continued delays in the US government sector (12% ARR), recovery from the fall shutdown, and some deal slippage. Having reached $1b in revenue and voicing disappointment

GitLab Inc (GTLB) PT Lowered to $43 at Rosenblatt

Wed, 04 Mar 2026 06:04:45 -0400

Rosenblatt analyst Blair Abernethy lowered the price target on GitLab Inc (NASDAQ: GTLB) to $43.00 (from $55.00) while maintaining a Buy rating.

GitLab Inc (GTLB) PT Lowered to $26 at Wells Fargo

Wed, 04 Mar 2026 05:57:43 -0400

Wells Fargo analyst Ryan MacWilliams lowered the price target on GitLab Inc (NASDAQ: GTLB) to $26.00 (from $45.00) while maintaining a Equal Weight rating.

The analyst comments "4Q was better than expected, but outlook was slightly below and mgmt views FY27 as a year of stabilization. Fundamental views likely unchanged; investors more likely to revisit once execution uncertainty abates and AI revs become more demonstrable. Lapping tougher comps. We believe 4Q revs was better than expects, and we view FY27 rev./margin guidance from GTLB's new CFO as reasonable given the GTM changes, heightened investment in innovation, and transition from a seat-based

GitLab Inc (GTLB) PT Lowered to $26 at Wells Fargo

Wed, 04 Mar 2026 05:57:43 -0400

Wells Fargo analyst Ryan MacWilliams lowered the price target on GitLab Inc (NASDAQ: GTLB) to $26.00 (from $45.00) while maintaining a Equal Weight rating.

GitLab Inc (GTLB) PT Lowered to $33 at RBC Capital

Wed, 04 Mar 2026 05:22:34 -0400

RBC Capital analyst Matthew Hedberg lowered the price target on GitLab Inc (NASDAQ: GTLB) to $33.00 (from $40.00) while maintaining a Outperform rating.

The analyst comments "Gitlab delivered solid Q4 results vs expectations, though we note that a portion of the revenue beat was driven by non-recurring items. Customer churn remains at a 4-year low and while customer momentum is solid, we remain mindful of broader softness around the SMB and Fed cohorts. While FY/27 guidance came in lower than expected, we believe estimates are de-risked and remain optimistic on LT drivers including new product innovations and GTM changes. Maintain our

GitLab Inc (GTLB) PT Lowered to $33 at RBC Capital

Wed, 04 Mar 2026 05:22:34 -0400

RBC Capital analyst Matthew Hedberg lowered the price target on GitLab Inc (NASDAQ: GTLB) to $33.00 (from $40.00) while maintaining a Outperform rating.