GitLab (NASDAQ:GTLB) Issues 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 guidance of 0.090-0.100 for the period, compared to the consensus earnings per share 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 Performance

GTLB stock traded up $1.66 during trading on Wednesday, reaching $44.70. 469,370 shares of the company were exchanged, compared to its average volume of 2,581,669. GitLab has a 52-week low of $40.19 and a 52-week high of $78.53. The company has a market cap of $7.10 billion, a P/E ratio of -15.65 and a beta of 0.46. The stock’s 50 day moving average price is $48.64 and its 200 day moving average price is $56.93.

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of GitLab in a research report on Tuesday, April 9th. They issued an overweight rating and a $70.00 price objective on the stock. Mizuho dropped their price objective on shares of GitLab from $70.00 to $62.00 and set a buy rating for the company in a research note on Tuesday, June 4th. Canaccord Genuity Group lowered their target price on GitLab from $74.00 to $65.00 and set a buy rating on the stock in a report on Wednesday, June 5th. JPMorgan Chase & Co. lowered their price target on shares of GitLab from $55.00 to $50.00 and set a neutral rating for the company in a report on Tuesday, June 4th. Finally, DA Davidson lowered their target price on shares of GitLab from $65.00 to $50.00 and set a neutral rating for the company in a research note on Tuesday, June 4th. Four investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus target price of $67.30.

Insiders Place Their Bets

In other GitLab news, CFO Brian G. Robins sold 11,667 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $43.56, for a total transaction of $508,214.52. Following the completion of the transaction, the chief financial officer now directly owns 305,175 shares in the company, valued at $13,293,423. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Brian G. Robins sold 11,667 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $43.56, for a total transaction of $508,214.52. Following the completion of the sale, the chief financial officer now directly owns 305,175 shares of the company’s stock, valued at approximately $13,293,423. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen Blasing sold 4,430 shares of the business’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $56.25, for a total value of $249,187.50. Following the completion of the transaction, the director now directly owns 150,983 shares in the company, valued at approximately $8,492,793.75. The disclosure for this sale can be found here. Insiders sold a total of 140,275 shares of company stock worth $6,848,847 over the last quarter. 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.