GTLB stock price forecast aligns with sector rotation trends favoring cloud software stocks amid slowing hardware demand cycles. Looking at GitLab through the lens of its price-to-sales ratio provides a sharper reality check. The current ratio is 9x, which is higher than both the US Software industry average of 5.3x and its peers' average of 8.7x. Even when compared to its fair ratio of 10.1x, this premium suggests that investors could be overpaying given growth and profitability risks. Is this optimism justified, or does it leave little room for upside if expectations slip? Wall Street analysts have issued reports on $GTLB in the last several months. We have seen 16 firms issue buy ratings on the stock, and 0 firms issue sell ratings. GTLB stock price forecast sees a potential acceleration if GitLab secures large multi-year government contracts, adding predictable ARR streams.
