Learn more

RBC Capital analyst Matthew Hedberg reiterates GitLab Inc (NASDAQ:GTLB) with an Outperform and a $80 price target. On Monday, GitLab reported fourth-quarter revenue of $163.78 million, up by 33.3% year-on-year, beating the analyst consensus estimate of $158.21 million. The company clocked EPS of $0.15, which beat the analyst consensus estimate of $0.08. The stock price plunged after the results. GitLab projected first-quarter revenue of between $165 million – $166 million, versus the $161.86 million estimate, and full-year 2025 revenue of between $725 million – $731 million, versus the $731.67…

cuu