Cantor Fitzgerald Maintains Neutral Rating on GitLab Inc. (GTLB)

GitLab Inc (NASDAQ:GTLB) is one of the 8 Best Generative AI Software Stocks to Buy in June 2026. On June 15, Investing.com reported that Cantor Fitzgerald maintained its Neutral rating on GitLab with a price target of $35 as the company introduced four new capabilities.

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At its Transcend event last week, GitLab announced new capabilities, particularly the Next Generation Source Code Management in private beta, GitLab Orbit context graph in public beta, Governance for Agents in private beta, and GitLab Flex.

The Source Code Management and Orbit capabilities address limitations that users in Git-based workflows encounter due to larger codebases managed by software teams and the growing volume of automated activity.

Meanwhile, the Governance for Agents extends that foundation with new AI auditing and control capabilities to meet compliance requirements, while GitLab Flex allows monthly reallocation across seats and credits without contract amendments.

Cantor Fitzgerald said the feature has the ability to accelerate enterprise adoption as organizations remain uncertain about agent consumption patterns.

Earlier on June 10, BTIG analyst Nick Altmann reiterated a Buy rating on Gitlab, according to a report by TipRanks. Based on 30 analyst ratings compiled by CNN, 63% assigned a Hold rating to GitLab, while 30% assigned a Buy rating. The stock has a median price target of $32, a 13.03% upside from the current price of $28.31.

GitLab Inc. (NASDAQ:GTLB) provides an intelligent development, security, and operations (DevSecOps) platform for software innovation.

While we acknowledge the risk and potential of GTLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GITLB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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