GitLab Future Growth
Future criteria checks 0/6
GitLab is forecast to grow earnings and revenue by 12.7% and 13% per annum respectively. EPS is expected to grow by 12% per annum. Return on equity is forecast to be 18.3% in 3 years.
Key information
12.7%
Earnings growth rate
12.04%
EPS growth rate
| Software earnings growth | 20.5% |
| Revenue growth rate | 13.0% |
| Future return on equity | 18.30% |
| Analyst coverage | Good |
| Last updated | 07 Sep 2026 |
Recent future growth updates
Recent updates
Narrative Update • Sep 03
GTLB: AI Monetization And Flex Pricing Execution Will Shape Balanced Future Outlook
GitLab's analyst price target has moved higher toward about $54, as analysts point to stronger Q2 execution, healthier demand for its Ultimate tier, and early traction from its AI driven Duo Agent Platform and Flex pricing as key supports for their updated views. Analyst Commentary Recent research on GitLab highlights a wide range of views, but there is a clear shift toward higher price targets after the latest Q2 report.Seeking Alpha • Sep 02
GitLab: Closer To Selling The Rip
Summary GitLab Inc. has rebounded sharply from AI-related lows, but growth continues decelerating and the stock is no longer a bargain. The DevSecOps company has reported strong quarterly revenue beats, yet FQ3 guidance implies only 15% YoY growth, continuing the slowing trend. Key metrics like net ARR and First Orders show improvement, but overall business growth remains in the upper teens, not a boom. At over $50, GTLB trades at ~60x FY27 EPS, making it unattractive without a clear path to re-accelerating growth. Read the full article on Seeking Alpha
Narrative Update • Aug 14
GTLB: AI Infrastructure Demand And Act 2 Restructuring Will Drive Upside
GitLab's fair value estimate moves to $50.74 from $48.28 as analysts lift price targets into the $30 to $46 range, citing healthier checks around AI driven infrastructure software demand, early Duo Agent Platform traction, and solid recent execution, balanced against ongoing macro and restructuring risks. Analyst Commentary Recent research on GitLab points to a generally constructive tone, with a cluster of price target increases and ongoing Neutral or better ratings.
Narrative Update • Jul 17
GTLB: Future Returns Will Depend On Slowing FY27 Guidance Risk
GitLab's updated fair value estimate has been lifted by $1 to $25 per share, as analysts point to higher price targets across the Street. This is supported by views that recent Q1 execution, Duo Agent Platform progress, and early AI related demand can justify a slightly stronger margin profile, even as growth expectations and future P/E assumptions are tempered.Narrative Update • Jul 03
GTLB: Act 2 Restructuring And AI Expansion Will Drive Future Upside
For GitLab, the updated analyst price target framework moves fair value from $72.00 to about $48.28, as analysts weigh solid Q1 execution and early Duo Agent Platform traction against more cautious revenue growth, slimmer profit margin assumptions, and a much higher assumed future P/E multiple, alongside ongoing macro and restructuring concerns. Analyst Commentary Recent Street research on GitLab highlights a mixed but generally constructive tone following the latest Q1 report, with many firms lifting price targets while keeping more neutral ratings.Narrative Update • Jun 19
GTLB: AI And Restructuring Execution Will Drive Future Share Upside Potential
GitLab's analyst price target edges higher to $33.61 from $33.52 as analysts weigh stronger Q1 execution and early Duo Agent Platform traction against a still cautious outlook on growth durability and macro headwinds. Analyst Commentary Recent research on GitLab highlights a mix of optimism around execution and product traction, particularly with the Duo Agent Platform, and caution around growth durability, macro conditions, and restructuring risk.Analysis Article • Jun 16
GitLab (GTLB) Stock Could Be 15.5% Undervalued After Google Cloud AI Expansion
GitLab (GTLB) stock is back in focus after the company expanded its Google Cloud collaboration by adding Gemini and Gemma AI models to GitLab Duo and launching a managed, compliance focused DevSecOps offering for enterprises. See our latest analysis for GitLab. Recent GitLab earnings, product launches at GitLab Transcend, and the expanded Google Cloud partnership have arrived alongside mixed performance, with a 30 day share price return of 19.65% and a 1 year total shareholder return that...Narrative Update • Jun 05
GTLB: AI Adoption And Restructuring Will Shape Future Share Performance
GitLab's fair value estimate is revised higher to $33.52 from $30.30, as analysts lift price targets into the high $20s to high $30s range following what they describe as solid Q1 earnings, early Duo Agent Platform traction, and more cautious long-term guidance in a still challenging macro backdrop. Analyst Commentary Street research following GitLab's Q1 report shows a cluster of higher price targets, but with most ratings still in the Neutral or equivalent range.Narrative Update • May 19
GTLB: AI Platform Adoption And Buybacks Will Support Future Share Gains
Analysts have trimmed the GitLab fair value estimate slightly to about $30.30 per share, reflecting lower P/E assumptions and a modestly higher discount rate. They also highlight improving profit margin potential and mixed sentiment around growth durability and competitive risks.Narrative Update • May 03
GTLB: AI Platform Expansion And Buybacks Will Support Long Term Share Gains
Analysts have trimmed the GitLab fair value estimate from about $34.20 to roughly $30.79, reflecting a broad wave of price target cuts that cite more cautious FY27 growth frameworks, increased competition from AI coding tools, heavier sales investments, and a reset in expected future P/E multiples. Analyst Commentary Recent research paints a mixed picture, with many firms cutting targets and a few still pointing to positive drivers.Narrative Update • Apr 19
GTLB: Future Returns Will Reflect AI Competition Through FY27 Stabilization
Narrative Update The analyst price target for GitLab has moved lower toward the mid $20s, with many analysts citing tempered FY27 expectations, heavier investment plans, and rising competitive concerns in AI-assisted coding as key reasons for revisiting their valuation frameworks. Analyst Commentary Bearish analysts have turned more cautious on GitLab, with a wave of price target cuts clustered around the latest Q4 report and fiscal 2027 framework.Narrative Update • Apr 04
GTLB: Future Returns Will Reflect AI Competition And Execution In FY27 Stabilization
Analysts have reduced the GitLab fair value estimate from $34 to $24, reflecting lower long term revenue growth assumptions, a slightly higher discount rate, and a reset future P/E multiple that is in line with the broad series of price target cuts following the latest Q4 results and FY27 outlook. Analyst Commentary Street research around GitLab has turned more cautious, with a cluster of reduced price targets and several rating downgrades following the latest Q4 results and FY27 framework.Narrative Update • Mar 21
GTLB: AI Adoption And Buybacks Will Offset Heightened Competitive Concerns
GitLab's analyst fair value estimate edged down from $34.56 to $34.20 as analysts cut price targets across the board, citing a cautious FY27 outlook, heavier investment spending, rising AI competition, and questions around the payoff from recent go to market changes. Analyst Commentary Street research has turned more cautious on GitLab, with a wide reset in price targets and several rating downgrades.Narrative Update • Mar 07
GTLB: AI Adoption And Share Buybacks Will Support Future Upside
Our fair value estimate for GitLab has been revised down from $51.15 to $34.56, reflecting analysts' lower long term growth, profitability, and future P/E assumptions following reduced FY27 forecasts, competitive concerns around AI coding tools, and more cautious outlooks on demand and execution. Analyst Commentary Street research has turned more cautious on GitLab, with a broad reset of FY27 expectations and a wide range of revised price targets.Narrative Update • Feb 20
GTLB: Future Returns Will Reflect AI Competition Against Execution In A Transition Year
Narrative Update We are holding our GitLab fair value estimate at $34.00, while our modeled future P/E moves modestly higher. This reflects analysts' lower price targets in the $34 to $40 range and their focus on rising competitive pressure, slower expected growth, and sector wide multiple compression.Narrative Update • Feb 06
GTLB: Future Returns Will Weigh AI Competition Against Execution And M&A Optionality
Analysts have reduced their fair value estimate for GitLab from US$45.00 to US$34.00, reflecting updated assumptions for revenue growth, profit margins and future P/E in light of recent downgrades and price target cuts that cite rising competition, execution questions and a slower growth setup. Analyst Commentary Recent Street research has turned more cautious on GitLab, with several bearish analysts cutting ratings and price targets while highlighting a tougher setup for growth and execution.Narrative Update • Jan 23
GTLB: AI Execution And Product Adoption Will Support Future Upside
Narrative Update: GitLab The analyst price target for GitLab has been adjusted modestly lower to reflect a new fair value of about US$51.15, trimmed from roughly US$51.78. This reflects analysts factoring in slower expected revenue growth, a slightly lower future P/E, ongoing concerns around competitive pressure and AI related risks, and recent rating changes across the software group.Narrative Update • Jan 09
GTLB: Renewed Takeover Interest Will Support Future Upside Versus Competitive Concerns
Analysts have trimmed their fair value estimate for GitLab to $51.78 from $53.52, reflecting a lower average price target after some firms cited rising competition from Microsoft's GitHub and uneven go-to-market execution. Analyst Commentary Recent research on GitLab highlights a mix of cautious and neutral views, with most commentary centering on competition from GitHub, execution across the sales organisation, and how those factors may influence the valuation reset.Narrative Update • Dec 23
GTLB: Renewed Takeover Buzz Will Drive Future Upside Amid AI Workflow Shift
Analysts have modestly reduced their average price target on GitLab by about $0.15 to approximately $53.52. This reflects a slightly lower long term growth outlook and valuation multiple as they await clearer guidance under new leadership and better visibility into how evolving agentic coding tools may shift value across the DevOps landscape.Narrative Update • Dec 09
GTLB: Share Momentum Will Increase On Renewed Takeover Interest Amid AI Efficiency Shift
Analysts have modestly reduced their price target on GitLab to about $54 per share from roughly $58. They cite slightly slower expected revenue growth and a lower future earnings multiple for DevOps platforms as AI driven efficiencies temper industry expansion, even as profit margin assumptions edge higher.Narrative Update • Nov 25
GTLB: Share Momentum Will Strengthen On Potential Takeover And AI Adoption
Analysts have decreased their price target for GitLab from $58.64 to $57.59, citing ongoing questions about guidance durability, go-to-market adjustments, and cautious management commentary, even though the company has shown recent business momentum. Analyst Commentary The recent round of analyst updates reflects a mixed but thoughtful outlook on GitLab’s current positioning and forward trajectory.Narrative Update • Sep 19
AI Integration With Amazon And Google Will Strengthen Future Position
Analysts have trimmed GitLab's price target to $58.64, citing softer SMB revenue, one-time headwinds, cautious management guidance amid leadership transition, and ongoing questions about growth durability, despite constructive AI prospects and strong recent results. Analyst Commentary Cautious revenue outlook driven by SMB weakness, one-time impacts to self-managed revenue, and conservative go-to-market adjustments.Narrative Update • Sep 04
AI Integration With Amazon And Google Will Strengthen Future Position
Analysts maintain a constructive long-term outlook on GitLab citing robust growth potential and margin expansion, but near-term caution around macroeconomic uncertainty and limited immediate catalysts has driven a modest reduction in the consensus price target from $62.30 to $61.81. Analyst Commentary Bullish analysts cite a significant runway for growth driven by demand for solutions addressing the complexity of modern cloud environments and emerging generative AI applications.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2029 | 1,526 | -41 | 334 | 339 | 10 |
| 1/31/2028 | 1,310 | -61 | 274 | 278 | 26 |
| 1/31/2027 | 1,132 | -86 | 219 | 222 | 26 |
| 7/31/2026 | 1,055 | -53 | 214 | 223 | N/A |
| 4/30/2026 | 1,005 | -25 | 263 | 276 | N/A |
| 1/31/2026 | 955 | -56 | 222 | 233 | N/A |
| 10/31/2025 | 906 | -46 | 242 | 250 | N/A |
| 7/31/2025 | 858 | -9 | 35 | 42 | N/A |
| 4/30/2025 | 805 | 13 | -7 | 4 | N/A |
| 1/31/2025 | 759 | -6 | -75 | -64 | N/A |
| 10/31/2024 | 712 | -51 | -113 | -102 | N/A |
| 7/31/2024 | 665 | -365 | 59 | 69 | N/A |
| 4/30/2024 | 622 | -428 | 82 | 84 | N/A |
| 1/31/2024 | 580 | -426 | 33 | 35 | N/A |
| 10/31/2023 | 539 | -426 | -4 | -2 | N/A |
| 7/31/2023 | 502 | -190 | 0 | 3 | N/A |
| 4/30/2023 | 464 | -199 | -65 | -60 | N/A |
| 1/31/2023 | 424 | -173 | -83 | -77 | N/A |
| 10/31/2022 | 379 | -179 | -75 | -67 | N/A |
| 7/31/2022 | 333 | -172 | -82 | -76 | N/A |
| 4/30/2022 | 290 | -153 | -62 | -56 | N/A |
| 1/31/2022 | 253 | -155 | -53 | -50 | N/A |
| 10/31/2021 | 221 | -229 | -55 | -56 | N/A |
| 7/31/2021 | 196 | -217 | -59 | -60 | N/A |
| 4/30/2021 | 170 | -198 | -69 | -69 | N/A |
| 1/31/2021 | 152 | -192 | -75 | -74 | N/A |
| 1/31/2020 | 81 | -131 | N/A | -60 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTLB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GTLB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GTLB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GTLB's revenue (13% per year) is forecast to grow slower than the US market (13.5% per year).
High Growth Revenue: GTLB's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTLB's Return on Equity is forecast to be low in 3 years time (18.3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/09 03:03 |
| End of Day Share Price | 2026/09/09 00:00 |
| Earnings | 2026/07/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
GitLab Inc. is covered by 34 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Raimo Lenschow | Barclays |
| Ryan MacWilliams | Barclays |