<div id="readability-page-1"><p>11:00 AM EST, 12/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We lower our rating on shares of GTLB to Hold from Buy, and trim our target price to $41 from $52, on an EV/S of 5x our FY 27 sales projection of $1.136 billion, below its three-year average. We raise our FY 26 EPS forecast to $0.89 from $0.84, and FY 27 EPS view to $1.04 from $0.98. GTLB posted Subscription revenues of $223M in Q3, up 27.4% Y/Y, and License sales of $21M (+1.4%). While results beat consensus and the firm raised its full-year revenue guidance, its Q4 outlook implied a meaningful deceleration in topline growth of 19%. Management highlighted the impact of persistent SMB weakness and public sector disruptions from the government shutdown as factors that drove its more conservative outlook. Together these two areas comprise about 20% of its total ARR, adding uncertainty to the timing of recovery in the business. Moreover, ongoing GTM changes and new leadership hiring are expected to take time to yield results, while Duo Agent monetization will now likely take several quarters to impact the top line.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

GTLB

<p>CFRA 将 Gitlab Inc.的股票评级从 “买入” 下调至 “持有”，目标价格降至 41 美元，原因是预计销售放缓。尽管第三季度业绩超出市场预期并上调了全年收入指引，但 Gitlab 的第四季度前景显示增长放缓 19%。影响因素包括中小企业的疲软和公共部门的干扰。2026 财年和 2027 财年的每股收益预测有所上调，但持续的变动和领导层招聘可能会延迟结果。Duo Agent 的货币化影响预计将在几个季度内显现</p>

研究警报：CFRA 将 GitLab Inc.的股票评级从买入下调为持有