GitLab (NASDAQ:GTLB) Issues FY 2026 Earnings Guidance

GitLab (NASDAQ:GTLB) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.680-0.720 for the period, compared to the consensus earnings per share estimate of 0.810. The company issued revenue guidance of $936.0 million-$942.0 million, compared to the consensus revenue estimate of $941.8 million. GitLab also updated its Q1 2026 guidance to 0.140-0.150 EPS.

GitLab Stock Performance

GitLab stock opened at $56.25 on Tuesday. The company has a 50-day simple moving average of $64.30 and a 200-day simple moving average of $58.69. The firm has a market capitalization of $9.13 billion, a P/E ratio of -175.78 and a beta of 0.63. GitLab has a one year low of $40.72 and a one year high of $76.41.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GTLB shares. Cantor Fitzgerald upped their price target on shares of GitLab from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, December 6th. JPMorgan Chase & Co. upped their price target on shares of GitLab from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Scotiabank upped their price target on shares of GitLab from $65.00 to $75.00 and gave the company a “sector outperform” rating in a report on Wednesday, December 4th. TD Cowen upped their price target on shares of GitLab from $63.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Truist Financial reissued a “buy” rating and issued a $90.00 price target (up from $80.00) on shares of GitLab in a report on Friday, December 6th. Three analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, GitLab has a consensus rating of “Moderate Buy” and a consensus target price of $76.27.

Insider Transactions at GitLab

In related news, CFO Brian G. Robins sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $67.59, for a total transaction of $675,900.00. Following the completion of the sale, the chief financial officer now owns 242,803 shares of the company’s stock, valued at $16,411,054.77. This trade represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Sytse Sijbrandij sold 84,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $62.99, for a total value of $5,291,160.00. The disclosure for this sale can be found here. Insiders sold 740,257 shares of company stock worth $44,710,867 over the last ninety days. 21.36% of the stock is owned by insiders.

About GitLab

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.