Gtlb stock price forecast shows resilience in Q2 2024 as

GTLB stock price forecast shows resilience in Q2 2024 as GitLab’s revenue growth remains robust at over 30% YoY, driven by enterprise adoption of DevSecOps. Market sentiment is moderately bullish with analysts setting a median target of $55, reflecting sustained upside potential in the tech SaaS sector. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. We just received data on a new analyst forecast for $GTLB. Lucky Schreiner from DA Davidson set a price target of 50.0 for GTLB. Traders eye GTLB stock price forecast aligned with peers like MDB and SNOW, as valuation multiples and growth rates suggest comparable upside potential.