Institutional sentiment for GitLab stock forecast remains constructive as hedge funds increase exposure. The recent uptick in developer platform demand may catalyze further earnings surprise. GitLab reported better-than-expected profit and sales, and boosted its full-year earnings outlook. The company measures its ability to retain and expand revenue generated by its existing customers in the form of dollar-based net retention rate, which is calculated by the dividing the current period ARR by the previous period ARR derived from its customer base at a point in time. Analyst coverage on GitLab stock forecast remains positive, citing accelerating DevSecOps adoption. With a P/S ratio of 16, room exists for valuation appreciation if Q2 earnings beat by 3–5%.