GitLab (GTLB) Projected to Release Earnings on Tuesday

GitLab (NASDAQ:GTLB) is anticipated to post its Q2 2027 results after the market closes on Tuesday, September 1st. Analysts expect the company to post earnings of $0.1798 per share and revenue of $273.1320 million for the quarter. GitLab has set its Q2 2027 guidance at 0.170-0.180 EPS. Parties may review the information on the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Tuesday, September 1, 2026 at 4:30 PM ET.

GitLab (NASDAQ:GTLB) last issued its earnings results on Tuesday, June 2nd. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. GitLab had a positive return on equity of 0.31% and a negative net margin of 2.49%.The company had revenue of $264.16 million for the quarter, compared to analysts’ expectations of $254.23 million. During the same period last year, the business earned $0.17 EPS. GitLab’s quarterly revenue was up 23.2% compared to the same quarter last year. On average, analysts expect GitLab to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

GitLab Trading Up 0.1%

NASDAQ GTLB opened at $44.87 on Friday. The company has a fifty day simple moving average of $35.29 and a 200 day simple moving average of $28.64. GitLab has a 12-month low of $18.73 and a 12-month high of $52.38. The company has a market cap of $7.58 billion, a P/E ratio of -280.44 and a beta of 0.94.

Insider Buying and Selling at GitLab

In other news, Director Sytse Sijbrandij sold 116,200 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $28.44, for a total value of $3,304,728.00. Following the completion of the sale, the director owned 14,902,051 shares in the company, valued at $423,814,330.44. This represents a 0.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Simon Mundy sold 8,725 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $38.00, for a total transaction of $331,550.00. Following the completion of the sale, the chief accounting officer owned 105,332 shares of the company’s stock, valued at approximately $4,002,616. This represents a 7.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GitLab

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in GitLab by 124.1% during the third 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 last quarter. Utah Retirement Systems increased its holdings in shares of GitLab by 6.6% in the 4th quarter. Utah Retirement Systems now owns 7,407 shares of the company’s stock worth $278,000 after buying an additional 460 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of GitLab by 92.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,000 shares of the company’s stock worth $45,000 after buying an additional 481 shares during the last quarter. Quarry LP increased its holdings in shares of GitLab by 72.5% in the 4th quarter. Quarry LP now owns 1,202 shares of the company’s stock worth $45,000 after buying an additional 505 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in shares of GitLab by 6.1% during the 4th quarter. MetLife Investment Management LLC now owns 9,018 shares of the company’s stock valued at $338,000 after buying an additional 516 shares in the last quarter. 95.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on GTLB shares. Raymond James Financial reaffirmed a “market perform” rating on shares of GitLab in a research note on Tuesday, May 19th. Needham & Company LLC boosted their target price on shares of GitLab from $32.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Royal Bank Of Canada upped their target price on shares of GitLab from $29.00 to $46.00 and gave the stock a “sector perform” rating in a report on Friday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $43.00 price target on shares of GitLab in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. lifted their price target on GitLab from $32.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $40.54.

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.