GitLab (GTLB) – Research Analysts’ Recent Ratings Changes

GitLab (NASDAQ: GTLB) has recently received a number of price target changes and ratings updates:

• 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”.
• 3/23/2026 – GitLab had its “underperform” rating reaffirmed by William Blair.

Insider Transactions at GitLab

In other GitLab news, Director Sytse Sijbrandij sold 116,200 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $24.85, for a total transaction of $2,887,570.00. Following the transaction, the director owned 15,018,251 shares of the company’s stock, valued at approximately $373,203,537.35. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 700,109 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $22.95, for a total transaction of $16,067,501.55. Following the transaction, the director directly owned 325 shares in the company, valued at $7,458.75. This trade represents a 99.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,392,308 shares of company stock worth $31,654,249 in the last three months. Insiders own 10.64% of the company’s stock.

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.