GitLab (GTLB) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for GitLab (NASDAQ: GTLB):

• 6/3/2026 – GitLab was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 6/3/2026 – GitLab had its price target raised by UBS Group AG from $24.00 to $32.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – GitLab had its “outperform” rating reaffirmed by Wolfe Research. They now have a $36.00 price target on the stock.
• 6/3/2026 – GitLab had its price target raised by Morgan Stanley from $29.00 to $30.00. They now have an “equal weight” rating on the stock.
• 6/3/2026 – GitLab had its price target raised by Cantor Fitzgerald from $27.00 to $35.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – GitLab had its price target raised by Mizuho from $26.00 to $28.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – GitLab had its “neutral” rating reaffirmed by Guggenheim.
• 6/3/2026 – GitLab had its “neutral” rating reaffirmed by Bank of America Corporation.
• 6/3/2026 – GitLab had its price target raised by Royal Bank Of Canada from $25.00 to $29.00. They now have a “sector perform” rating on the stock.
• 6/3/2026 – GitLab had its price target raised by JPMorgan Chase & Co. from $28.00 to $32.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – GitLab had its “hold” rating reaffirmed by TD Cowen. They now have a $29.00 price target on the stock.
• 6/3/2026 – GitLab had its price target raised by DA Davidson from $24.00 to $35.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – GitLab had its price target raised by Needham & Company LLC from $32.00 to $38.00. They now have a “buy” rating on the stock.
• 6/3/2026 – GitLab had its price target raised by BTIG Research from $30.00 to $36.00. They now have a “buy” rating on the stock.
• 6/1/2026 – GitLab had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
• 5/19/2026 – GitLab had its “market perform” rating reaffirmed by Raymond James Financial, Inc..
• 5/13/2026 – GitLab had its price target lowered by Cantor Fitzgerald from $30.00 to $27.00. They now have a “neutral” rating on the stock.
• 5/12/2026 – GitLab had its “sell (e+)” rating reaffirmed by Weiss Ratings.
• 5/12/2026 – GitLab was downgraded by Raymond James Financial, Inc. from “outperform” to “market perform”.
• 5/12/2026 – GitLab had its price target lowered by Mizuho from $30.00 to $26.00. They now have a “neutral” rating on the stock.
• 4/22/2026 – GitLab was downgraded by Bank of America Corporation from “buy” to “neutral”. They now have a $27.00 price target on the stock, down from $58.00.
• 4/20/2026 – GitLab was downgraded by Royal Bank Of Canada from “outperform” to “sector perform”. They now have a $25.00 price target on the stock, down from $33.00.
• 4/16/2026 – GitLab was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $24.00 price target on the stock, down from $44.00.
• 4/13/2026 – GitLab had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $32.00 price target on the stock.
• 4/9/2026 – GitLab was downgraded by Guggenheim from “buy” to “neutral”.

Insiders Place Their Bets

In other news, Director Matthew Jacobson sold 700,109 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $22.95, for a total value of $16,067,501.55. Following the transaction, the director directly owned 325 shares of the company’s stock, valued at approximately $7,458.75. This represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sytse Sijbrandij sold 116,200 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $24.85, for a total transaction of $2,887,570.00. Following the completion of the transaction, the director directly owned 15,018,251 shares in the company, valued at $373,203,537.35. This trade represents a 0.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,392,308 shares of company stock worth $31,654,249 over the last ninety days. 10.64% of the stock is currently owned by company insiders.

GitLab Inc (NASDAQ: GTLB) is a leading provider of a unified DevOps platform designed to streamline the software development lifecycle. Founded in 2011 by Dmitriy Zaporozhets and Sid Sijbrandij, the company initially gained recognition for its open-source Git repository manager. Over time, GitLab expanded its offerings to encompass planning, source code management, continuous integration/continuous deployment (CI/CD), security testing, and monitoring in a single application. This integrated approach enables development teams to collaborate efficiently, reduce toolchain complexity, and accelerate release cycles.

The GitLab platform is offered through both cloud-hosted and self-managed deployment models, catering to organizations of all sizes.