GitLab (GTLB) Projected to Post Earnings on Tuesday

GitLab (NASDAQ:GTLB) is projected to release its Q2 2027 results after the market closes on Tuesday, September 1st. Analysts expect the company to post earnings of $0.1798 per share and revenue of $273.1320 million for the quarter. GitLab has set its Q2 2027 guidance at 0.170-0.180 EPS. Investors can check the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Tuesday, September 1, 2026 at 4:30 PM ET.

GitLab (NASDAQ:GTLB) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. GitLab had a positive return on equity of 0.31% and a negative net margin of 2.49%.The firm had revenue of $264.16 million for the quarter, compared to analyst estimates of $254.23 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. GitLab’s quarterly revenue was up 23.2% on a year-over-year basis. On average, analysts expect GitLab to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

GitLab Stock Performance

GitLab stock opened at $44.87 on Monday. GitLab has a one year low of $18.73 and a one year high of $52.38. The business has a fifty day moving average of $35.29 and a two-hundred day moving average of $28.62. The company has a market cap of $7.58 billion, a P/E ratio of -280.44 and a beta of 0.94.

Analyst Ratings Changes

GTLB has been the subject of a number of research analyst reports. UBS Group increased their price target on shares of GitLab from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of GitLab from $32.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, August 26th. TD Cowen upped their target price on shares of GitLab from $29.00 to $42.00 and gave the stock a “hold” rating in a research report on Thursday. Wolfe Research reaffirmed an “outperform” rating and issued a $36.00 target price on shares of GitLab in a report on Wednesday, June 3rd. Finally, Needham & Company LLC lifted their price target on shares of GitLab from $32.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.54.

Insider Buying and Selling at GitLab

In other GitLab news, Director Sytse Sijbrandij sold 116,200 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $28.44, for a total transaction of $3,304,728.00. Following the completion of the transaction, the director directly owned 14,902,051 shares in the company, valued at approximately $423,814,330.44. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Simon Mundy sold 8,725 shares of GitLab stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $38.00, for a total transaction of $331,550.00. Following the transaction, the chief accounting officer owned 105,332 shares of the company’s stock, valued at approximately $4,002,616. The trade was a 7.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 10.64% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Allworth Financial LP lifted its stake in GitLab by 124.1% in the 3rd quarter. Allworth Financial LP now owns 558 shares of the company’s stock valued at $25,000 after buying an additional 309 shares in the last quarter. Quarry LP purchased a new position in GitLab during the third quarter worth $31,000. Larson Financial Group LLC increased its position in GitLab by 92.7% during the third quarter. Larson Financial Group LLC now owns 1,000 shares of the company’s stock worth $45,000 after buying an additional 481 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of GitLab in the third quarter worth $48,000. Finally, Danske Bank A S acquired a new position in shares of GitLab in the third quarter worth $77,000. 95.04% of the stock is owned by hedge funds and other institutional investors.

About GitLab

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.