--- title: "Barclays Issues Pessimistic Forecast for GitLab (NASDAQ:GTLB) Stock Price" description: "Barclays has lowered its price target for GitLab (NASDAQ:GTLB) from $47.00 to $44.00, maintaining an \"equal weight\" rating. This suggests a potential downside of 2.87% from the current price. Other an" type: "news" locale: "en" url: "https://longbridge.com/en/news/256233917.md" published_at: "2025-09-06T15:07:37.000Z" --- # Barclays Issues Pessimistic Forecast for GitLab (NASDAQ:GTLB) Stock Price > Barclays has lowered its price target for GitLab (NASDAQ:GTLB) from $47.00 to $44.00, maintaining an "equal weight" rating. This suggests a potential downside of 2.87% from the current price. Other analysts have also adjusted their targets, with Canaccord Genuity setting a target of $70.00 and Mizuho at $52.00. GitLab's stock recently traded at $45.30, with a consensus rating of "Moderate Buy" and an average target of $58.39. The company reported a quarterly revenue increase of 26.8% year-over-year, with earnings per share of $0.17, exceeding estimates. GitLab (NASDAQ:GTLB - Get Free Report) had its price target reduced by investment analysts at Barclays from $47.00 to $44.00 in a report released on Friday,Benzinga reports. The brokerage currently has an "equal weight" rating on the stock. Barclays's target price points to a potential downside of 2.87% from the stock's current price. - Buy the Dip? GitLab’s Bullish Case Outweighs the Bears A number of other research analysts also recently issued reports on the stock. Canaccord Genuity Group dropped their target price on shares of GitLab from $76.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday. Mizuho reduced their price objective on GitLab from $55.00 to $52.00 and set an "outperform" rating for the company in a report on Friday. Needham & Company LLC reiterated a "buy" rating and set a $55.00 price objective on shares of GitLab in a research note on Thursday. Macquarie reaffirmed an "outperform" rating and issued a $75.00 price objective on shares of GitLab in a research note on Thursday. Finally, KeyCorp decreased their price objective on GitLab from $60.00 to $53.00 and set an "overweight" rating for the company in a research note on Thursday. Nineteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GitLab has a consensus rating of "Moderate Buy" and an average price target of $58.39. **Check Out Our Latest Stock Analysis on GTLB** ## GitLab Stock Up 4.2% - Top 5 September Stock Picks: Market Tailwinds Drive New Momentum Shares of GitLab stock traded up $1.84 during trading hours on Friday, hitting $45.30. 2,935,906 shares of the company's stock traded hands, compared to its average volume of 3,706,200. The stock has a 50 day simple moving average of $44.78 and a 200-day simple moving average of $47.53. GitLab has a twelve month low of $37.90 and a twelve month high of $74.18. The company has a market cap of $7.48 billion, a PE ratio of -1,127.50 and a beta of 0.75. GitLab (NASDAQ:GTLB - Get Free Report) last posted its quarterly earnings data on Tuesday, June 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. GitLab had a negative net margin of 0.55% and a negative return on equity of 2.80%. The firm had revenue of $214.51 million for the quarter, compared to analysts' expectations of $213.21 million. During the same period in the previous year, the company posted $0.03 EPS. The company's quarterly revenue was up 26.8% compared to the same quarter last year. GitLab has set its FY 2026 guidance at 0.740-0.750 EPS. Q2 2026 guidance at 0.160-0.17 EPS. As a group, equities research analysts predict that GitLab will post -0.31 EPS for the current year. ## Insider Buying and Selling - GitLab: Buy It Low While You Still Can—Higher Prices Are Coming In related news, Director Sytse Sijbrandij sold 108,600 shares of the company's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $41.44, for a total transaction of $4,500,384.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Matthew Jacobson sold 129,400 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $42.32, for a total value of $5,476,208.00. Following the completion of the sale, the director directly owned 551,997 shares in the company, valued at approximately $23,360,513.04. This represents a 18.99% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 464,950 shares of company stock valued at $20,025,356. Insiders own 16.37% of the company's stock. ## Institutional Investors Weigh In On GitLab A number of large investors have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in shares of GitLab during the 2nd quarter worth approximately $840,000. Nomura Holdings Inc. lifted its stake in shares of GitLab by 327.0% during the 2nd quarter. Nomura Holdings Inc. now owns 18,193 shares of the company's stock worth $821,000 after purchasing an additional 13,932 shares during the last quarter. KP Management LLC grew its position in GitLab by 10.2% during the 2nd quarter. KP Management LLC now owns 16,527 shares of the company's stock worth $746,000 after purchasing an additional 1,527 shares during the period. Nikko Asset Management Americas Inc. boosted its holdings in GitLab by 46.2% in the 2nd quarter. Nikko Asset Management Americas Inc. now owns 2,041,331 shares of the company's stock worth $92,023,000 after buying an additional 644,718 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of GitLab by 119.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,576 shares of the company's stock valued at $342,000 after buying an additional 4,119 shares during the period. Hedge funds and other institutional investors own 95.04% of the company's stock. ## About GitLab (Get Free Report) GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. ## Featured Articles - Five stocks we like better than GitLab - Earnings Per Share Calculator: How to Calculate EPS - Why Hedge Fund Elliott Bet $4B on Pepsi and Sees Over 50% Upside - Buy P&G Now, Before It Sets A New All-Time High - Microsoft’s AI Push Beyond OpenAI Could Drive Next Breakout - Consumer Discretionary Stocks Explained - Here's What Separates Oklo From the Rest of the Nuclear Startups *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in GitLab Right Now? Before you consider GitLab, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GitLab wasn't on the list. While GitLab currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [GTLB.US - GitLab](https://longbridge.com/en/quote/GTLB.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 早盤趨勢｜GitLab 連續上衝，壓力區能否一舉突破？ | GitLab（GTLB.US）近日氣勢如虹，連續拉陽線上試三個月新高，社區短線交易員盯牢 “能不能突破 64 美元壓力區”。雲服務賽道回暖帶動主力大單反覆入場，盤中極為活躍，技術派多個週期共振做多氛圍強。 主力拉昇後若盤中強勢放量衝擊，就有 | [Link](https://longbridge.com/en/news/272744626.md) | | GitLab（納斯達克代碼：GTLB）的評級在 Zacks Research 被下調至 “持有” | Zacks Research 將 GitLab (NASDAQ:GTLB) 的評級從 “強力買入” 下調至 “持有”。其他分析師也調整了他們的評級，摩根士丹利將目標價從 55 美元下調至 42 美元。GitLab 的股票開盤價為 32.84 | [Link](https://longbridge.com/en/news/274806472.md) | | GitLab (NASDAQ:GTLB) 董事 Sytse Sijbrandij 出售了 54,300 股股票 | GitLab Inc. 的董事 Sytse Sijbrandij 出售了 54,300 股，價格為每股 35.96 美元，總計 1,952,628 美元，相關信息已在 SEC 文件中披露。這是在之前以每股 38.95 美元出售 54,300 | [Link](https://longbridge.com/en/news/272761891.md) | | GitLab 在 Transcend 活動中展示了由 AI 驅動的軟件交付 | GitLab Inc. 舉辦了 GitLab Transcend 虛擬活動，展示了人工智能在軟件交付中的作用。首席執行官 Bill Staples 和首席營銷官 Manav Khurana 的主題演講強調了人工智能代理在自動化軟件生命週期任 | [Link](https://longbridge.com/en/news/275510114.md) | | 奈特陽科技的 GAAP 每股收益為 0.02 美元，收入為 1880 萬美元 | NetSol GAAP 每股收益為 0.02 美元，收入為 1880 萬美元 | [Link](https://longbridge.com/en/news/275763382.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.