Gartner (NYSE:IT – Get Free Report) had its price objective upped by research analysts at The Goldman Sachs Group from $162.00 to $181.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the information technology services provider’s stock. The Goldman Sachs Group’s price objective suggests a potential downside of 2.58% from the stock’s previous close.
A number of other analysts have also weighed in on IT. Truist Financial set a $205.00 price objective on shares of Gartner in a research note on Wednesday. Morgan Stanley set a $177.00 price objective on shares of Gartner in a research report on Wednesday. Barclays cut their price objective on Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, April 10th. Wells Fargo & Company boosted their price objective on Gartner from $120.00 to $150.00 and gave the stock an “underweight” rating in a research note on Wednesday. Finally, Weiss Ratings cut shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $182.30.
Check Out Our Latest Research Report on IT
Gartner Price Performance
Gartner (NYSE:IT – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.61. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the business posted $3.53 EPS. The business’s revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, equities research analysts forecast that Gartner will post 13.61 earnings per share for the current year.
Hedge Funds Weigh In On Gartner
Several large investors have recently made changes to their positions in the business. Physician Wealth Advisors Inc. boosted its stake in shares of Gartner by 143.9% during the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 59 shares during the period. DV Equities LLC acquired a new stake in shares of Gartner during the 4th quarter worth approximately $25,000. Rakuten Securities Inc. lifted its stake in shares of Gartner by 1,980.0% in the 4th quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 99 shares during the last quarter. Entrust Financial LLC acquired a new position in Gartner during the fourth quarter worth $26,000. Finally, Bell Investment Advisors Inc grew its position in Gartner by 75.5% in the 1st quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 74 shares in the last quarter. 91.51% of the stock is currently owned by hedge funds and other institutional investors.
Gartner News Roundup
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Second-quarter earnings beat expectations. Gartner reported adjusted EPS of $4.37, versus the $3.76 consensus, while revenue of $1.68 billion also exceeded estimates. Net income rose year over year despite a 0.6% revenue decline. Strong conference demand helped support the quarter. Gartner beats quarterly estimates on strong conference demand
- Positive Sentiment: Full-year guidance and margins improved. Management set 2026 adjusted EPS guidance at $14 or higher, above the roughly $13.69 analyst consensus, and highlighted stronger adjusted EBITDA, cash flow and margin performance. Contract value reached $5.3 billion and growth reportedly accelerated. Gartner Q2 Earnings Beat Estimates, 2026 EPS Outlook Raised
- Positive Sentiment: Share repurchases added support. Gartner bought back 3.6 million shares for $547 million during the quarter, and increased its authorization by another $500 million in July, potentially boosting per-share results and signaling management confidence. Gartner Highlights Strong Q2 Earnings and Buyback Expansion
- Neutral Sentiment: Industry conference planned in London. Gartner announced its inaugural Enterprise Risk, Audit & Compliance Conference for September 28–29. The event may reinforce the company’s advisory brand and generate conference activity, but it is unlikely to materially affect near-term financial results. Gartner Announces Enterprise Risk, Audit & Compliance Conference
- Negative Sentiment: Wells Fargo remains bearish. The firm raised its price target from $120 to $150 but kept an “underweight” rating, implying substantial downside from recent trading levels. The revised target may pressure the stock after its earnings-related advance. Wells Fargo price target update
- Negative Sentiment: Shareholder investigation creates an overhang. Bernstein Liebhard said it is investigating potential fiduciary-duty breaches by Gartner directors and officers. The announcement does not establish wrongdoing, but it introduces legal and governance risk for investors. Gartner shareholder investigation alert
Gartner Company Profile
Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.
The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.
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