GitLab (GTLB) Receives Neutral Rating from DA Davidson, $50.00 USD Price Target

GitLab (GTLB) received a neutral rating from DA Davidson analyst Lucky Schreiner, with a price target of $50.00. This is in contrast to previous ratings from Rosenblatt, Macquarie, and RBC Capital, which maintained "buy" or "outperform" ratings with higher price targets. Analysts forecast an average target price of $61.36, representing a 38.89% upside from the current price of $44.18. The estimated GF Value for GitLab in one year is $93.93, suggesting a 112.61% upside from the current price.

GitLab Inc. (GTLB) has seen a mixed bag of analyst ratings and price targets in recent weeks. The latest update comes from DA Davidson analyst Lucky Schreiner, who has given the stock a neutral rating with a price target of $50.00. This rating is in contrast to previous ratings from Rosenblatt, Macquarie, and RBC Capital, which maintained "buy" or "outperform" ratings with higher price targets. The average target price among analysts is $61.36, representing a 38.89% upside from the current price of $44.18. The estimated GF Value for GitLab in one year is $93.93, suggesting a 112.61% upside from the current price [1].

The latest positive news for GitLab came when a U.S. District Court judge dismissed a class action lawsuit alleging that the company had overhyped its artificial intelligence capabilities and customer demand. This ruling boosted investor confidence by removing a key legal uncertainty [2].

However, the stock's volatility remains high, with 32 moves greater than 5% over the last year. The previous significant move was a 4.2% gain two days ago, driven by favorable inflation data and a delay in higher tariffs on Chinese goods. Despite these positive developments, GitLab is still down 22.7% since the beginning of the year and trading 40.4% below its 52-week high [2].

Analysts have also revised their ratings and price targets for several other companies, including Analog Devices, Autodesk, and Salesforce. For instance, Susquehanna raised its target price for Analog Devices to $300.00 from $280.00, while TD Cowen cut its target price for Salesforce to $335 from $375 [3].

Investors should carefully consider the varying analyst opinions and the recent legal developments when making investment decisions. The stock's high volatility and potential for significant upside suggest a high-risk, high-reward investment.

References:
[1] https://www.nasdaq.com/articles/october-3rd-options-now-available-gitlab-gtlb
[2] https://finance.yahoo.com/news/why-gitlab-gtlb-stock-trading-175550955.html
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UD0FU:0-analog-devices-autodesk-salesforce/