Gitlab is trading 4.14% up at $56.78 on October 23, 2026, as cloud-software shares rebound after the previous session’s technology selloff.
- Cloudflare and Datadog were also reported higher; the broader market was mixed at midday.
- BofA Securities raised its price target to $64 from $54 while maintaining a Neutral rating; reporting does not establish this as the cause of the gain.
- GitLab announced its 19.4 release, with no explicit link to the stock move.