GitLab Future Growth
Future criteria checks 1/6
GitLab's earnings are forecast to decline at 4.2% per annum while its annual revenue is expected to grow at 12.5% per year. EPS is expected to decline by 1.7% per annum. Return on equity is forecast to be 14.5% in 3 years.
Key information
-4.2%
Earnings growth rate
-1.72%
EPS growth rate
| Software earnings growth | 19.0% |
| Revenue growth rate | 12.5% |
| Future return on equity | 14.51% |
| Analyst coverage | Good |
| Last updated | 24 Apr 2026 |
Recent future growth updates
Recent updates
GitLab: Something Needs To Change
Apr 29
GTLB: Future Returns Will Reflect AI Competition Through FY27 Stabilization
Narrative Update The analyst price target for GitLab has moved lower toward the mid $20s, with many analysts citing tempered FY27 expectations, heavier investment plans, and rising competitive concerns in AI-assisted coding as key reasons for revisiting their valuation frameworks. Analyst Commentary Bearish analysts have turned more cautious on GitLab, with a wave of price target cuts clustered around the latest Q4 report and fiscal 2027 framework.GTLB: Future Returns Will Reflect AI Competition And Execution In FY27 Stabilization
Analysts have reduced the GitLab fair value estimate from $34 to $24, reflecting lower long term revenue growth assumptions, a slightly higher discount rate, and a reset future P/E multiple that is in line with the broad series of price target cuts following the latest Q4 results and FY27 outlook. Analyst Commentary Street research around GitLab has turned more cautious, with a cluster of reduced price targets and several rating downgrades following the latest Q4 results and FY27 framework.
GTLB: AI Adoption And Buybacks Will Offset Heightened Competitive Concerns
GitLab's analyst fair value estimate edged down from $34.56 to $34.20 as analysts cut price targets across the board, citing a cautious FY27 outlook, heavier investment spending, rising AI competition, and questions around the payoff from recent go to market changes. Analyst Commentary Street research has turned more cautious on GitLab, with a wide reset in price targets and several rating downgrades.GTLB: AI Adoption And Share Buybacks Will Support Future Upside
Our fair value estimate for GitLab has been revised down from $51.15 to $34.56, reflecting analysts' lower long term growth, profitability, and future P/E assumptions following reduced FY27 forecasts, competitive concerns around AI coding tools, and more cautious outlooks on demand and execution. Analyst Commentary Street research has turned more cautious on GitLab, with a broad reset of FY27 expectations and a wide range of revised price targets.GTLB: Future Returns Will Reflect AI Competition Against Execution In A Transition Year
Narrative Update We are holding our GitLab fair value estimate at $34.00, while our modeled future P/E moves modestly higher. This reflects analysts' lower price targets in the $34 to $40 range and their focus on rising competitive pressure, slower expected growth, and sector wide multiple compression.GTLB: Future Returns Will Weigh AI Competition Against Execution And M&A Optionality
Analysts have reduced their fair value estimate for GitLab from US$45.00 to US$34.00, reflecting updated assumptions for revenue growth, profit margins and future P/E in light of recent downgrades and price target cuts that cite rising competition, execution questions and a slower growth setup. Analyst Commentary Recent Street research has turned more cautious on GitLab, with several bearish analysts cutting ratings and price targets while highlighting a tougher setup for growth and execution.GTLB: AI Execution And Product Adoption Will Support Future Upside
Narrative Update: GitLab The analyst price target for GitLab has been adjusted modestly lower to reflect a new fair value of about US$51.15, trimmed from roughly US$51.78. This reflects analysts factoring in slower expected revenue growth, a slightly lower future P/E, ongoing concerns around competitive pressure and AI related risks, and recent rating changes across the software group.GTLB: Renewed Takeover Interest Will Support Future Upside Versus Competitive Concerns
Analysts have trimmed their fair value estimate for GitLab to $51.78 from $53.52, reflecting a lower average price target after some firms cited rising competition from Microsoft's GitHub and uneven go-to-market execution. Analyst Commentary Recent research on GitLab highlights a mix of cautious and neutral views, with most commentary centering on competition from GitHub, execution across the sales organisation, and how those factors may influence the valuation reset.GTLB: Renewed Takeover Buzz Will Drive Future Upside Amid AI Workflow Shift
Analysts have modestly reduced their average price target on GitLab by about $0.15 to approximately $53.52. This reflects a slightly lower long term growth outlook and valuation multiple as they await clearer guidance under new leadership and better visibility into how evolving agentic coding tools may shift value across the DevOps landscape.GTLB: Share Momentum Will Increase On Renewed Takeover Interest Amid AI Efficiency Shift
Analysts have modestly reduced their price target on GitLab to about $54 per share from roughly $58. They cite slightly slower expected revenue growth and a lower future earnings multiple for DevOps platforms as AI driven efficiencies temper industry expansion, even as profit margin assumptions edge higher.GTLB: Share Momentum Will Strengthen On Potential Takeover And AI Adoption
Analysts have decreased their price target for GitLab from $58.64 to $57.59, citing ongoing questions about guidance durability, go-to-market adjustments, and cautious management commentary, even though the company has shown recent business momentum. Analyst Commentary The recent round of analyst updates reflects a mixed but thoughtful outlook on GitLab’s current positioning and forward trajectory.AI Integration With Amazon And Google Will Strengthen Future Position
Analysts have trimmed GitLab's price target to $58.64, citing softer SMB revenue, one-time headwinds, cautious management guidance amid leadership transition, and ongoing questions about growth durability, despite constructive AI prospects and strong recent results. Analyst Commentary Cautious revenue outlook driven by SMB weakness, one-time impacts to self-managed revenue, and conservative go-to-market adjustments.AI Integration With Amazon And Google Will Strengthen Future Position
Analysts maintain a constructive long-term outlook on GitLab citing robust growth potential and margin expansion, but near-term caution around macroeconomic uncertainty and limited immediate catalysts has driven a modest reduction in the consensus price target from $62.30 to $61.81. Analyst Commentary Bullish analysts cite a significant runway for growth driven by demand for solutions addressing the complexity of modern cloud environments and emerging generative AI applications.Why Investors Shouldn't Be Surprised By GitLab Inc.'s (NASDAQ:GTLB) 26% Share Price Surge
May 15
AI And DevSecOps With AWS Will Unlock New Opportunities
GitLab's expansion into mid-market and enterprise segments and new product offerings aim to drive revenue growth through enhanced customer engagement and retention.GitLab: Wait For Growth Stabilization And A Technical Bottom (Technical Analysis)
Apr 24GitLab: Holding Because A Close Competitor Has More Market Share
Mar 23Why We're Not Concerned Yet About GitLab Inc.'s (NASDAQ:GTLB) 28% Share Price Plunge
Mar 21GitLab Q4 Earnings Preview: Up 25%, And Still Room To Run
Feb 28After Leaping 29% GitLab Inc. (NASDAQ:GTLB) Shares Are Not Flying Under The Radar
Feb 01GitLab's Bet On AI Pays Off Big Time
Jan 31GitLab: Further Growth Through DevOps Consolidation Strategy
Jan 24GitLab: Buy This Rule Of 40 Software Growth Story As It Hits Profit Inflection
Jan 10An Intrinsic Calculation For GitLab Inc. (NASDAQ:GTLB) Suggests It's 38% Undervalued
Dec 28GitLab Q3: Ultimate Driving Booking And Revenue Growth; Initiate With 'Buy'
Dec 06After Leaping 26% GitLab Inc. (NASDAQ:GTLB) Shares Are Not Flying Under The Radar
Nov 23Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2029 | 1,464 | -47 | 381 | N/A | 6 |
| 1/31/2028 | 1,292 | -81 | 281 | 292 | 27 |
| 1/31/2027 | 1,113 | -84 | 220 | 221 | 27 |
| 1/31/2026 | 955 | -56 | 222 | 233 | N/A |
| 10/31/2025 | 906 | -46 | 242 | 250 | N/A |
| 7/31/2025 | 858 | -9 | 35 | 42 | N/A |
| 4/30/2025 | 805 | 13 | -7 | 4 | N/A |
| 1/31/2025 | 759 | -6 | -75 | -64 | N/A |
| 10/31/2024 | 712 | -51 | -113 | -102 | N/A |
| 7/31/2024 | 665 | -365 | 59 | 69 | N/A |
| 4/30/2024 | 622 | -428 | 82 | 84 | N/A |
| 1/31/2024 | 580 | -426 | 33 | 35 | N/A |
| 10/31/2023 | 539 | -426 | -4 | -2 | N/A |
| 7/31/2023 | 502 | -190 | 0 | 3 | N/A |
| 4/30/2023 | 464 | -199 | -65 | -60 | N/A |
| 1/31/2023 | 424 | -173 | -83 | -77 | N/A |
| 10/31/2022 | 379 | -179 | -75 | -67 | N/A |
| 7/31/2022 | 333 | -172 | -82 | -76 | N/A |
| 4/30/2022 | 290 | -153 | -62 | -56 | N/A |
| 1/31/2022 | 253 | -155 | -53 | -50 | N/A |
| 10/31/2021 | 221 | -229 | -55 | -56 | N/A |
| 7/31/2021 | 196 | -217 | -59 | -60 | N/A |
| 4/30/2021 | 170 | -198 | -69 | -69 | N/A |
| 1/31/2021 | 152 | -192 | -75 | -74 | N/A |
| 1/31/2020 | 81 | -131 | -60 | -60 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTLB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GTLB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GTLB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GTLB's revenue (12.5% per year) is forecast to grow faster than the US market (11.1% per year).
High Growth Revenue: GTLB's revenue (12.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTLB's Return on Equity is forecast to be low in 3 years time (14.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 09:04 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
GitLab Inc. is covered by 34 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Raimo Lenschow | Barclays |
| Ryan MacWilliams | Barclays |