Cantor Fitzgerald Estimates GitLab FY2026 Earnings

Key Points

• Cantor Fitzgerald estimates that GitLab will earn ($0.20) per share for FY2026, with a "Overweight" rating and a target price of $60.00 for the stock.
• The consensus for GitLab's current full-year earnings is ($0.31) per share, with 19 analysts rating it as a Buy.
• GitLab recently reported revenue growth of 26.8% year-over-year, with Q2 earnings surpassing analysts' expectations at $0.17 EPS.

GitLab Inc. (NASDAQ:GTLB - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for GitLab in a research note issued to investors on Thursday, September 4th. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the company will earn ($0.20) per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $60.00 target price on the stock. The consensus estimate for GitLab's current full-year earnings is ($0.31) per share.

A number of other equities research analysts have also issued reports on GTLB. Cowen reiterated a "buy" rating on shares of GitLab in a research note on Friday, June 6th. UBS Group lowered their price objective on shares of GitLab from $73.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday. Capital One Financial lowered shares of GitLab from an "overweight" rating to an "equal weight" rating and set a $46.00 price objective on the stock. in a research note on Wednesday, July 16th. DA Davidson decreased their target price on shares of GitLab from $50.00 to $45.00 and set a "neutral" rating for the company in a research note on Thursday. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $58.00 price target on shares of GitLab in a report on Thursday. Nineteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $58.39.

GitLab Price Performance

NASDAQ:GTLB opened at $45.73 on Monday. The business's 50-day moving average is $44.79 and its two-hundred day moving average is $47.05. The firm has a market capitalization of $7.55 billion, a PE ratio of -1,143.25 and a beta of 0.74. GitLab has a 12 month low of $37.90 and a 12 month high of $74.18.

GitLab (NASDAQ:GTLB - Get Free Report) last announced its quarterly earnings results on Tuesday, June 10th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. GitLab had a negative net margin of 0.55% and a negative return on equity of 2.71%. The firm had revenue of $214.51 million during the quarter, compared to analysts' expectations of $213.21 million. During the same period in the prior year, the company earned $0.03 EPS. The firm's revenue was up 26.8% on a year-over-year basis. GitLab has set its FY 2026 guidance at 0.740-0.750 EPS. Q2 2026 guidance at 0.160-0.17 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GTLB. Vanguard Group Inc. raised its position in shares of GitLab by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 13,445,456 shares of the company's stock valued at $631,936,000 after acquiring an additional 302,864 shares in the last quarter. Eminence Capital LP boosted its holdings in GitLab by 148.9% in the second quarter. Eminence Capital LP now owns 6,218,607 shares of the company's stock worth $280,521,000 after purchasing an additional 3,720,406 shares during the period. HMI Capital Management L.P. increased its stake in GitLab by 32.3% during the second quarter. HMI Capital Management L.P. now owns 5,858,626 shares of the company's stock valued at $264,283,000 after purchasing an additional 1,430,151 shares during the last quarter. Champlain Investment Partners LLC increased its stake in GitLab by 251.3% during the second quarter. Champlain Investment Partners LLC now owns 4,512,197 shares of the company's stock valued at $203,545,000 after purchasing an additional 3,227,717 shares during the last quarter. Finally, Atreides Management LP raised its holdings in shares of GitLab by 867.3% during the second quarter. Atreides Management LP now owns 3,938,198 shares of the company's stock worth $177,652,000 after purchasing an additional 3,531,070 shares during the period. Institutional investors and hedge funds own 95.04% of the company's stock.

Insider Activity at GitLab

In other news, Director Matthew Jacobson sold 129,400 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $42.32, for a total value of $5,476,208.00. Following the completion of the sale, the director owned 551,997 shares of the company's stock, valued at approximately $23,360,513.04. The trade was a 18.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen Blasing sold 3,250 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $45.00, for a total transaction of $146,250.00. Following the completion of the sale, the director owned 103,889 shares in the company, valued at approximately $4,675,005. This trade represents a 3.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 464,950 shares of company stock valued at $20,025,356 over the last ninety days. Corporate insiders own 21.36% of the company's stock.

About GitLab

GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.

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