GitLab (NASDAQ:GTLB) Releases 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.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $70.00 price target on shares of GitLab in a research report on Wednesday, December 3rd. Morgan Stanley set a $38.00 price target on GitLab in a research note on Thursday, February 19th. Zacks Research cut shares of GitLab from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Barclays downgraded shares of GitLab from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $42.00 to $34.00 in a research report on Monday, January 12th. Finally, Cantor Fitzgerald dropped their target price on shares of GitLab from $40.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $44.63.

GitLab Trading Up 1.9%

Shares of GitLab stock opened at $26.70 on Wednesday. The firm has a market capitalization of $4.50 billion, a P/E ratio of -98.89 and a beta of 0.79. The business has a fifty day simple moving average of $33.14 and a two-hundred day simple moving average of $40.81. GitLab has a 12 month low of $23.45 and a 12 month high of $64.42.

GitLab (NASDAQ:GTLB) last released its earnings results on Tuesday, March 3rd. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. The firm had revenue of $260.40 million for the quarter, compared to the consensus estimate of $252.31 million. GitLab had a negative net margin of 4.70% and a negative return on equity of 1.51%. The company’s revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. Analysts predict that GitLab will post -0.31 earnings per share for the current year.

Insider Buying and Selling at GitLab

In other news, Director Matthew Jacobson sold 334,827 shares of GitLab stock in a transaction that occurred 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sytse Sijbrandij sold 54,300 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $28.41, for a total value of $1,542,663.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 603,744 shares of company stock valued at $22,536,495. 21.36% of the stock is currently owned by company insiders.

GitLab News Roundup

Here are the key news stories impacting GitLab this week:

• Positive Sentiment: Q4 beat — GitLab reported $0.30 EPS and $260.4M revenue (up 23% YoY), topping estimates and showing momentum in subscription growth. MarketBeat Q4 Release
• Positive Sentiment: FY27 EPS guidance above consensus — GitLab raised FY27 EPS guidance to $0.76–$0.80 (vs. ~$0.58 consensus), which supports better forward profitability expectations. Press Release / Guidance
• Positive Sentiment: $400M share-repurchase program — The board authorized up to $400 million for buybacks, which can be supportive of the stock over time and signal confidence from the board. BusinessWire Release
• Positive Sentiment: Product / ARR momentum — Management highlighted surpassing $1B ARR and the new AI agent platform as growth drivers, supporting the narrative of secular demand for DevSecOps tooling. Yahoo Finance Highlights
• Neutral Sentiment: FY revenue guidance roughly in-line — FY27 revenue was guided to ~ $1.1B, broadly in line with consensus, leaving revenue growth trajectory a watch item rather than a surprise. Press Release / Guidance
• Negative Sentiment: Q1 revenue guide missed slightly — Q1 FY27 revenue guidance of $253–$255M came in just below consensus (~$256M), which pressured sentiment despite the beat on EPS. Investing.com: Weak Outlook
• Negative Sentiment: After-hours/market reaction & headlines — Several outlets flagged that the guidance mixed bag (revenue miss + provisioned costs) led to after-hours weakness. That explains near-term selling pressure even with a Q4 beat. Benzinga: Stock Dips After Q4
• Negative Sentiment: Analyst downgrades and price-target cuts — DA Davidson and TD Cowen lowered ratings/targets this week, reducing near-term upside in street expectations. TickerReport / Benzinga Coverage
• Negative Sentiment: Insider selling & mixed institutional flows noted in data feeds — reports of significant insider sales and portfolio reshuffling by funds add to cautious sentiment among some holders. QuiverQuant: Stock Falls / Insider Data

Hedge Funds Weigh In On GitLab

Several institutional investors and hedge funds have recently modified their holdings of the stock. QVT Financial LP purchased a new stake in GitLab during the 2nd quarter valued at about $263,000. California State Teachers Retirement System raised its holdings in GitLab by 10.5% in the second quarter. California State Teachers Retirement System now owns 117,137 shares of the company’s stock worth $5,284,000 after buying an additional 11,147 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of GitLab by 42.4% in the second quarter. Raymond James Financial Inc. now owns 144,658 shares of the company’s stock worth $6,526,000 after buying an additional 43,083 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of GitLab by 22.5% in the second quarter. Alliancebernstein L.P. now owns 1,874,777 shares of the company’s stock worth $84,571,000 after buying an additional 344,089 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in shares of GitLab by 41.9% during the second quarter. Ieq Capital LLC now owns 146,864 shares of the company’s stock valued at $6,625,000 after buying an additional 43,336 shares during the last quarter. 95.04% of the stock is currently owned by institutional investors.

GitLab Company Profile

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.