UBS raises GitLab price target to $50 from $40
UBS raised its price target for GitLab to $50.00 a share from $40.00 and maintained a Neutral rating.
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GitLab raises full-year 2027 revenue guidance after Q2 results
GitLab reported Q2 FY27 revenue of $286.3 million, up 21% year over year, with non-GAAP operating income of $42.6 million and a 15% margin. It raised full-year revenue guidance to $1.129 billion-$1.133 billion.