From Yahoo Finance: 2025-06-18 09:55:00

GitLab Inc. (NASDAQ:GTLB) is one of the 10 stocks that Jim Cramer and analysts are watching. Canaccord recently cut the stock’s price target to $76 while maintaining a Buy rating. The company delivered solid Q1 results, with revenue growing 27% and strong profits driven by 12% operating margins.

Cramer expressed bearish sentiment toward GitLab Inc. (NASDAQ:GTLB) and the enterprise software industry, preferring data center stocks like Oracle. GitLab provides a platform for software development, supporting every step of the process and offering training and support services.

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Read more: Canaccord Maintains Buy on GitLab (GTLB), Cuts PT