GitLab (NASDAQ:GTLB) Releases Q2 2025 Earnings Guidance

GitLab (NASDAQ:GTLB) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.090-0.100 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $176.0 million-$177.0 million, compared to the consensus revenue estimate of $176.9 million. GitLab also updated its FY 2025 guidance to 0.340-0.370 EPS.

GitLab Stock Down 10.6 %

NASDAQ:GTLB opened at $42.67 on Tuesday. The company has a fifty day moving average of $49.10 and a 200 day moving average of $57.27. GitLab has a 52 week low of $40.19 and a 52 week high of $78.53. The firm has a market capitalization of $6.78 billion, a P/E ratio of -15.52 and a beta of 0.46.

GitLab (NASDAQ:GTLB) last issued its quarterly earnings results on Monday, June 3rd. The company reported ($0.24) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.09. The firm had revenue of $169.19 million for the quarter, compared to analysts’ expectations of $165.66 million. GitLab had a negative return on equity of 19.14% and a negative net margin of 68.52%. As a group, analysts anticipate that GitLab will post -0.5 EPS for the current year.

Analyst Upgrades and Downgrades

GTLB has been the subject of a number of analyst reports. DA Davidson lowered their price target on shares of GitLab from $65.00 to $50.00 and set a neutral rating for the company in a report on Tuesday, June 4th. Wells Fargo & Company began coverage on shares of GitLab in a research note on Tuesday, April 9th. They issued an overweight rating and a $70.00 target price for the company. Barclays reduced their target price on shares of GitLab from $55.00 to $50.00 and set an equal weight rating for the company in a report on Tuesday, June 4th. Raymond James upgraded shares of GitLab from a market perform rating to an outperform rating and set a $70.00 price objective for the company in a research report on Friday, April 12th. Finally, JPMorgan Chase & Co. reduced their price target on shares of GitLab from $55.00 to $50.00 and set a neutral rating for the company in a research report on Tuesday, June 4th. Four investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $67.30.

Insiders Place Their Bets

In related news, insider Robin Schulman sold 2,402 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $56.25, for a total value of $135,112.50. Following the sale, the insider now directly owns 142,933 shares of the company’s stock, valued at $8,039,981.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Sytse Sijbrandij sold 56,000 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $48.99, for a total transaction of $2,743,440.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robin Schulman sold 2,402 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $56.25, for a total value of $135,112.50. Following the sale, the insider now owns 142,933 shares in the company, valued at $8,039,981.25. The disclosure for this sale can be found here. Insiders have sold 140,275 shares of company stock worth $6,848,847 in the last 90 days. Company 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.