GitLab (NASDAQ:GTLB) Issues Q1 2026 Earnings Guidance

GitLab (NASDAQ:GTLB) issued an update on its first quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.140-0.150 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $212.0 million-$213.0 million, compared to the consensus revenue estimate of $212.5 million. GitLab also updated its FY 2026 guidance to 0.680-0.720 EPS.

GitLab Stock Down 6.6 %

Shares of GTLB opened at $56.25 on Tuesday. The business’s 50-day moving average price is $64.30 and its 200-day moving average price is $58.69. GitLab has a twelve month low of $40.72 and a twelve month high of $76.41. The stock has a market cap of $9.13 billion, a PE ratio of -175.78 and a beta of 0.63.

Analyst Ratings Changes

GTLB has been the subject of several research reports. Scotiabank upped their target price on GitLab from $65.00 to $75.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, December 4th. TD Cowen boosted their price objective on GitLab from $63.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price objective on GitLab from $60.00 to $65.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. Wells Fargo & Company boosted their price objective on GitLab from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Finally, Mizuho boosted their price objective on GitLab from $67.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Three research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $76.27.

Insider Activity

In other GitLab news, insider Robin Schulman sold 2,996 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $55.98, for a total transaction of $167,716.08. Following the transaction, the insider now owns 129,223 shares in the company, valued at approximately $7,233,903.54. The trade was a 2.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Brian G. Robins sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $70.83, for a total value of $708,300.00. Following the transaction, the chief financial officer now owns 267,380 shares in the company, valued at $18,938,525.40. The trade was a 3.61 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 740,257 shares of company stock valued at $44,710,867. Insiders own 21.36% of the company’s stock.

GitLab Company Profile

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.