GitLab Consensus Price Target Increased by 42.97% to $55.45
The average one-year price target for GitLab (NASDAQGS:GTLB) has been revised to $55.45 / share. This is an increase of 42.97% from the prior estimate of $38.79 dated August 25, 2026. These figures represent aggregate analyst targets compiled from multiple sources and do not constitute a recommendation orinvestment adviceby Fintel.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $35.35 to a high of $73.50 / share. The average price target represents an increase of 12.60% from the latest reported closing price of $49.25 / share on September 14, 2026. The median price target also increased, rising by $18.36 to $56.10 from the prior median of $37.74. The current target range has widened, with a width of $38.15, representing a 1.06% increase from the prior range width of $37.75. The gap between the current mean and median is $0.65.
This update follows a series of upward adjustments, marking 5 consecutive target increases. The average target has risen from $35.34 on June 30, 2026, to $35.92 on August 4, 2026, $38.79 on August 28, 2026, and $55.45 as of September 15, 2026. This represents a 57.28% increase from the 90-day baseline target on June 8, 2026. For broader context, the observed twelve-month high mean target was $59.55 on November 17, 2025, and the observed twelve-month low mean target was $33.10 on May 14, 2026.
In terms of recent price performance, GitLab's closing price of $49.25 on September 14, 2026, represents a 1.16% decrease from the one-week baseline close of $49.83 on September 4, 2026, and a 15.56% increase from the one-month baseline close of $42.62 on August 14, 2026. The company reported its latest quarterly earnings on September 1, 2026, posting an actual EPS of 0.24, which was 31.08% above the estimated EPS of 0.1831. Actual revenue was $286,254,000.00, representing a 2.75% surprise over the estimated $278,579,707.00.
Following the earnings release, several financial institutions maintained their ratings on September 2, 2026. Mizuho maintained its Neutral rating, RBC Capital maintained its Sector Perform rating, Barclays maintained its Underweight rating, and UBS maintained its Neutral rating. The overall recommendation breakdown for the September 1, 2026 period remained unchanged from the August 1, 2026 period, with 6 strong buy, 7 buy, 20 hold, 1 sell, and 1 strong sell recommendations. This represents 37.1% positive, 57.1% hold, and 5.7% negative recommendations out of 35 total recommendations.
Within the broader GICS Application Software sub-industry, which covers 24 companies, analysts raised targets for 13 companies, lowered them for 7, and left 4 unchanged. The sub-industry median target revision is +0.09%, with a median implied change of +8.39%.
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This story originally appeared on Fintel.