GitLab (NASDAQ:GTLB) Releases Q1 2027 Earnings Guidance

GitLab (NASDAQ:GTLB) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.200-0.210 for the period, compared to the consensus EPS estimate of 0.100. The company issued revenue guidance of $253.0 million-$255.0 million, compared to the consensus revenue estimate of $256.3 million. GitLab also updated its FY 2027 guidance to 0.760-0.800 EPS.

Wall Street Analyst Weigh In

GTLB has been the topic of several research analyst reports. Guggenheim dropped their price target on GitLab from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday. KeyCorp lowered GitLab from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, December 16th. The Goldman Sachs Group cut their price target on shares of GitLab from $48.00 to $42.00 and set a “neutral” rating on the stock in a report on Wednesday, December 3rd. Needham & Company LLC decreased their price objective on shares of GitLab from $50.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Macquarie Infrastructure cut shares of GitLab from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $70.00 to $40.00 in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.19.

GitLab Stock Performance

NASDAQ GTLB opened at $25.05 on Thursday. GitLab has a fifty-two week low of $23.10 and a fifty-two week high of $64.42. The firm has a market capitalization of $4.22 billion, a P/E ratio of -71.57 and a beta of 0.79. The stock’s fifty day moving average is $32.89 and its two-hundred day moving average is $40.70.

GitLab (NASDAQ:GTLB) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.07. GitLab had a negative net margin of 5.86% and a negative return on equity of 1.79%. The firm had revenue of $260.40 million during the quarter, compared to analyst estimates of $252.31 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. GitLab’s quarterly revenue was up 23.2% on a year-over-year basis. As a group, sell-side analysts forecast that GitLab will post -0.31 EPS for the current year.

Insider Activity

In other GitLab news, CFO James Shen sold 2,538 shares of GitLab stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $38.08, for a total value of $96,647.04. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan L. Bostrom sold 30,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $39.25, for a total value of $1,177,500.00. Following the completion of the transaction, the director directly owned 49,819 shares in the company, valued at approximately $1,955,395.75. This trade represents a 37.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 603,744 shares of company stock worth $22,536,495. 16.37% of the stock is owned by company insiders.

Trending Headlines about GitLab

Here are the key news stories impacting GitLab this week:

• Positive Sentiment: Q4 beat on revenue and EPS: GitLab reported $260.4M in revenue (+23% YoY) and adjusted EPS of $0.30, topping Street estimates — proof that core SaaS growth remained healthy this quarter. BusinessWire: Q4 results & buyback
• Positive Sentiment: $1B ARR milestone and $400M buyback: management highlighted surpassing $1B ARR and authorized up to $400M in share repurchases — a sizable capital-return program that supports the stock and signals confidence from the board. Yahoo: ARR milestone & buyback
• Positive Sentiment: Balance sheet / cash flow highlight: analysts and coverage pieces point to a stronger-than-feared cash position, positive operating cash flow and no long‑term debt — factors cited as a support for a rebound and for funding buybacks. MarketBeat: sell-off overdone
• Neutral Sentiment: Guidance is mixed: GitLab’s Q1 EPS guide was stronger than consensus (0.200–0.210 vs. ~0.10) while Q1 revenue guidance slightly missed estimates; FY‑27 EPS guidance was above some estimates but revenue guidance was roughly in line — leaving interpretation dependent on whether investors focus on EPS upside or revenue caution. BusinessWire: guidance details
• Neutral Sentiment: Mixed analyst landscape: while several firms maintain Buy/outperform views with lofty longer‑term targets, the immediate reaction shows a broad dispersion in price targets and expectations — creating volatility as investors re‑price risk/AI exposure. 247WallSt: analyst cuts
• Negative Sentiment: Broad analyst price‑target cuts and downgrades: multiple firms trimmed targets (several substantially) and some moved to Hold/Underweight after the FY27 outlook, amplifying selling pressure. AmericanBankingNews: TD Cowen cut to Hold
• Negative Sentiment: Guidance and AI uncertainty drove the sell‑off: commentary that FY27 is a “transition year” and lingering questions about AI monetization and margin paths have investors cautious, contributing to a sharp intraday pullback and a 52‑week low printed in early trade. MSN: FY27 transition year Investing.com: 52-week low
• Negative Sentiment: Immediate market reaction: despite the quarter beat, the stock traded sharply lower amid pre‑market/after‑hours selling and headline focus on cautious forward commentary — momentum and sentiment remain the near‑term drivers. Zacks: shares down despite beat

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Guggenheim Capital LLC grew its holdings in GitLab by 14.6% during the 4th quarter. Guggenheim Capital LLC now owns 5,959 shares of the company’s stock worth $224,000 after acquiring an additional 761 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of GitLab in the 4th quarter valued at $217,000. CIBC Asset Management Inc purchased a new stake in shares of GitLab during the 4th quarter worth $212,000. Prelude Capital Management LLC acquired a new position in shares of GitLab during the third quarter worth $202,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in GitLab by 4,900.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,500 shares of the company’s stock valued at $131,000 after buying an additional 3,430 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

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.