GitLab (NASDAQ:GTLB) Updates FY 2027 Earnings Guidance

GitLab (NASDAQ:GTLB) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.760-0.800 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. GitLab also updated its Q1 2027 guidance to 0.200-0.210 EPS.

Wall Street Analysts Forecast Growth

GTLB has been the subject of a number of research analyst reports. TD Cowen downgraded shares of GitLab from a “buy” rating to a “hold” rating and set a $29.00 target price for the company. in a research report on Monday. Wolfe Research restated an “outperform” rating and issued a $50.00 price target on shares of GitLab in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. upped their price objective on GitLab from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Canaccord Genuity Group dropped their target price on GitLab from $70.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, UBS Group cut their price target on GitLab from $51.00 to $44.00 and set a “buy” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $39.96.

GitLab Stock Up 1.3%

Shares of GTLB opened at $25.37 on Friday. The business has a 50-day simple moving average of $32.65 and a two-hundred day simple moving average of $40.59. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of -72.49 and a beta of 0.79. GitLab has a 52 week low of $23.10 and a 52 week high of $61.16.

GitLab (NASDAQ:GTLB) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.07. The firm had revenue of $260.40 million for the quarter, compared to analysts’ expectations of $252.31 million. GitLab had a negative return on equity of 1.79% and a negative net margin of 5.86%.The business’s quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. On average, equities analysts anticipate that GitLab will post -0.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other GitLab news, CFO James Shen sold 2,538 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $38.08, for a total value of $96,647.04. Following the completion of the transaction, the chief financial officer directly owned 52,284 shares in the company, valued at $1,990,974.72. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Matthew Jacobson sold 334,827 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $38.08, for a total transaction of $12,750,212.16. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 603,744 shares of company stock valued at $22,536,495. Insiders own 16.37% of the company’s stock.

Key Headlines Impacting GitLab

Here are the key news stories impacting GitLab this week:

• Positive Sentiment: Q4 beat, ARR milestone and buyback support — GitLab reported Q4 revenue of $260.4M and adjusted EPS of $0.30 (above estimates), announced it passed $1B ARR and unveiled up to $400M in buybacks, giving near-term tangible support and a shareholder-return catalyst. GitLab (GTLB) Is Up 7.1% After $1B ARR Milestone and $400M Buyback Plan
• Positive Sentiment: Bull case argues sell-off is overdone — Bullish coverage contends GitLab’s AI positioning, improving cash flow and strong balance sheet make recent lows an attractive entry for long-term investors. That view helps underpin today’s bounce. GitLab Sell-Off Overdone: AI and Cash Flow Signal a Rebound
• Neutral Sentiment: Management outreach and conference presentation — GitLab presented at the Morgan Stanley TMT conference (transcript available), which can clarify product/AI roadmap and help shape investor expectations but hasn’t yet moved the needle decisively. GTLB Presents at Morgan Stanley TMT Conference 2026 Transcript
• Neutral Sentiment: Independent bullish write-ups — Several pieces (e.g., Substack/InsiderMonkey summaries) restate a long-term bull thesis; useful for conviction but not an immediate catalyst. Is GitLab Inc. (GTLB) A Good Stock To Buy Now?
• Negative Sentiment: Mixed/weak FY27 guidance spooked the market — Although EPS guidance was raised above consensus in some ranges, revenue guidance was slightly below expectations and commentary framed FY27 as a transition year, driving investor concern over near-term growth. GitLab drops as full-year guidance falls short of market expectations
• Negative Sentiment: Broad analyst price-target cuts and downgrades — Multiple firms trimmed price targets (nine+ noted) and some downgraded ratings after the FY27 outlook, amplifying selling pressure and increasing headline risk. Wall Street: Nine Analysts Cut Price Targets After FY27 Guidance Disappoints
• Negative Sentiment: Shares hit 52-week low and heavy intraday selling — The post-earnings move pushed GTLB to its yearly low, a technical headwind that can exacerbate volatility until guidance clarity or beats reassert momentum. GitLab stock hits 52-week low
• Negative Sentiment: Brokerage downgrades (e.g., TD Cowen cut to “Hold”) add pressure — Additional sell-side caution increases risk of further short-term downside if investor confidence doesn’t recover. GitLab Cut to Hold at TD Cowen

Hedge Funds Weigh In On GitLab

A number of hedge funds have recently made changes to their positions in GTLB. Allworth Financial LP raised its stake in GitLab by 124.1% during the 3rd quarter. Allworth Financial LP now owns 558 shares of the company’s stock valued at $25,000 after purchasing an additional 309 shares during the period. Quarry LP purchased a new stake in GitLab during the 3rd quarter valued at approximately $31,000. Larson Financial Group LLC grew its holdings in GitLab by 92.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,000 shares of the company’s stock valued at $45,000 after buying an additional 481 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of GitLab during the third quarter valued at approximately $48,000. Finally, Danske Bank A S purchased a new position in shares of GitLab in the third quarter worth $77,000. Institutional investors own 95.04% of the company’s stock.

About GitLab

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.