Research Analysts’ Weekly Ratings Changes for GitLab (GTLB)

A number of research firms have changed their ratings and price targets for GitLab (NASDAQ: GTLB):

• 3/23/2026 – GitLab had its “underperform” rating reaffirmed by William Blair.
• 3/9/2026 – GitLab had its price target lowered by Morgan Stanley from $38.00 to $29.00. They now have a “cautious” rating on the stock.
• 3/5/2026 – GitLab was given a new $24.00 price target by DA Davidson.
• 3/4/2026 – GitLab had its “neutral” rating reaffirmed by Cantor Fitzgerald.
• 3/4/2026 – GitLab was downgraded by Piper Sandler from “overweight” to “neutral”. They now have a $28.00 price target on the stock, down from $55.00.
• 3/4/2026 – GitLab had its price target lowered by UBS Group AG from $51.00 to $44.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Wells Fargo & Company from $45.00 to $26.00. They now have an “equal weight” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Barclays PLC from $29.00 to $25.00. They now have an “underweight” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Truist Financial Corporation from $35.00 to $25.00. They now have a “hold” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Royal Bank Of Canada from $40.00 to $33.00. They now have an “outperform” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Rosenblatt Securities from $55.00 to $43.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Guggenheim from $60.00 to $50.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Canaccord Genuity Group Inc. from $70.00 to $40.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by BTIG Research from $32.00 to $30.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Bank of America Corporation from $72.00 to $58.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Needham & Company LLC from $50.00 to $32.00. They now have a “buy” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Mizuho from $37.00 to $30.00. They now have a “neutral” rating on the stock.
• 3/4/2026 – GitLab had its price target lowered by Sanford C. Bernstein from $70.00 to $60.00. They now have an “outperform” rating on the stock.
• 3/2/2026 – GitLab had its price target lowered by DA Davidson from $45.00 to $30.00. They now have a “neutral” rating on the stock.
• 3/2/2026 – GitLab was downgraded by TD Cowen from “buy” to “hold”. They now have a $29.00 price target on the stock.
• 2/27/2026 – GitLab had its price target lowered by Cantor Fitzgerald from $40.00 to $30.00. They now have a “neutral” rating on the stock.
• 2/26/2026 – GitLab had its price target lowered by BTIG Research from $52.00 to $32.00. They now have a “buy” rating on the stock.
• 2/19/2026 – GitLab was given a new $38.00 price target by Morgan Stanley.
• 2/17/2026 – GitLab had its price target lowered by Mizuho from $47.00 to $37.00. They now have a “neutral” rating on the stock.
• 2/11/2026 – GitLab had its price target lowered by Royal Bank Of Canada from $48.00 to $40.00. They now have an “outperform” rating on the stock.
• 2/11/2026 – GitLab had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $50.00 price target on the stock.
• 2/5/2026 – GitLab was given a new $35.00 price target by Truist Financial Corporation.
• 2/2/2026 – GitLab was downgraded by Zacks Research from “strong-buy” to “hold”.

Insiders Place Their Bets

In related news, CFO James Shen sold 2,538 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $38.08, for a total value of $96,647.04. Following the transaction, the chief financial officer owned 52,284 shares in the company, valued at $1,990,974.72. The trade was a 4.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sytse Sijbrandij sold 54,300 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $28.41, for a total transaction of $1,542,663.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,271,046 shares of company stock valued at $29,945,143. 21.36% of the stock is currently owned by corporate insiders.

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.