Truist Securities downgraded GitLab Inc (GTLB) to Hold from Buy on November 18, 2025. The stock is currently priced at $41.07.
This move underscores increased caution regarding GitLab's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
GitLab, headquartered in San Francisco, California, provides code hosting and collaboration platform services. The company, which went public on October 14, 2021, offers flexible deployment options, including self-managed and software-as-a-service (SaaS) solutions. Its DevSecOps Platform is available in three subscription tiers: Free, Premium, and Ultimate.
GitLab has a market capitalization of $7.1 billion and an earnings per share (EPS) of -0.06 (TTM). Upcoming earnings are scheduled for December 2, 2025, with an EPS estimate of $0.20 and a revenue estimate of $244.4 million.
Analyst consensus as of November 1, 2025, indicates 9 Strong Buy, 19 Buy, and 8 Hold ratings, with no Sell or Strong Sell ratings among 36 total analysts. Analyst ratings can change over time as new information becomes available, and differing opinions may exist among analysts regarding the same company.
Investment decisions should consider various factors, including company fundamentals and industry trends. Analyst ratings are one of many inputs to consider when making investment choices.