GitLab Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
GitLab Inc. (NASDAQ:GTLB) is set to release its Q2 earnings, with expectations of 10 cents per share and $176.89 million in revenue. Analysts have revised their ratings and price targets, with some maintaining a Buy rating but lowering targets. GitLab is also exploring a potential sale.
September 03, 2024 | 10:55 am
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GitLab is expected to report Q2 earnings of 10 cents per share and $176.89 million in revenue. Analysts have adjusted their ratings and price targets, with some maintaining a Buy rating but lowering targets. The company is also exploring a potential sale.
The upcoming earnings report and the potential sale exploration are significant events for GitLab. Analysts' adjustments in ratings and price targets indicate mixed sentiment, but the potential sale could drive positive speculation. The earnings expectations are higher than the previous quarter, which could also positively impact the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100