Gartner (NYSE:IT) Price Target Raised to $212.00

Gartner (NYSE:IT) had its price target upped by BMO Capital Markets from $206.00 to $212.00 in a research note published on Tuesday,Benzinga reports. They currently have a market perform rating on the information technology services provider’s stock.

A number of other equities analysts also recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of Gartner from $162.00 to $181.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada increased their price target on shares of Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Truist Financial set a $205.00 price target on shares of Gartner in a report on Wednesday, August 5th. UBS Group raised their price target on shares of Gartner from $196.00 to $208.00 and gave the stock a “neutral” rating in a report on Monday, October 5th. Finally, Zacks Research lowered shares of Gartner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $189.60.

Gartner Stock Up 5.8%

Shares of NYSE:IT opened at $207.12 on Tuesday. Gartner has a 52-week low of $124.25 and a 52-week high of $261.10. The stock has a market cap of $13.08 billion, a P/E ratio of 18.58, a PEG ratio of 0.74 and a beta of 0.98. The business has a fifty day moving average of $188.33 and a two-hundred day moving average of $163.14. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 46.98.

Gartner (NYSE:IT) last posted its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $3.76 by $0.61. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Gartner had a return on equity of 525.46% and a net margin of 11.99%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, research analysts expect that Gartner will post 14.39 earnings per share for the current year.

Insider Activity at Gartner

In other Gartner news, EVP Yvonne Genovese sold 1,205 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $190.06, for a total transaction of $229,022.30. Following the completion of the transaction, the executive vice president owned 6,208 shares of the company’s stock, valued at $1,179,892.48. This trade represents a 16.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Robin B. Kranich sold 3,278 shares of Gartner stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $196.50, for a total transaction of $644,127.00. Following the sale, the executive vice president owned 20,358 shares of the company’s stock, valued at approximately $4,000,347. This represents a 13.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,043 shares of company stock valued at $1,172,858 in the last quarter. Corporate insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Gartner

Several large investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC increased its holdings in Gartner by 8.6% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,116 shares of the information technology services provider’s stock valued at $395,000 after purchasing an additional 167 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Gartner by 80.7% in the third quarter. Assenagon Asset Management S.A. now owns 127,110 shares of the information technology services provider’s stock valued at $23,711,000 after purchasing an additional 56,762 shares during the period. Curated Wealth Partners LLC purchased a new stake in Gartner in the third quarter valued at approximately $238,000. Family Office Research LLC purchased a new stake in Gartner in the third quarter valued at approximately $225,000. Finally, NorthCrest Asset Manangement LLC lifted its stake in Gartner by 34.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 3,875 shares of the information technology services provider’s stock worth $757,000 after purchasing an additional 991 shares in the last quarter. 91.51% of the stock is currently owned by institutional investors and hedge funds.

More Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: BMO Capital Markets raised its price target for Gartner, signaling increased confidence in the company’s earnings outlook and potential upside. The analyst action was the clearest company-specific catalyst in the supplied coverage. Gartner Stock Gets Price Target Increase from BMO Capital Markets
• Positive Sentiment: Gartner’s AI infrastructure research is receiving significant market attention. Its forecast that roughly 80% of “neocloud” providers could lose independent operations by 2030 triggered sharp declines in CoreWeave, Nebius and IREN. For Gartner, the reaction highlights the relevance and influence of its research, potentially supporting demand for advisory and research services as companies reassess AI spending, financing and infrastructure strategy. Gartner Warns 80% of Neoclouds Will Cease Independent Operations
• Neutral Sentiment: Several software vendors announced recognition in Gartner research, including Outreach and Inriver as Magic Quadrant leaders and Cyphlens and DevAI as “Coolest Vendors.” These announcements are promotional releases from third parties rather than new Gartner financial disclosures, so they offer limited direct earnings impact but reinforce Gartner’s visibility and authority in enterprise technology purchasing. Outreach Named a Leader by Gartner
• Negative Sentiment: Gartner’s warning about potential AI infrastructure write-downs could create some reputational or near-term sentiment risk if investors interpret the forecast as evidence that technology spending forecasts are becoming less reliable. However, the immediate market reaction was concentrated in the affected AI cloud stocks, not Gartner itself. Gartner Forecasts AI Infrastructure Write-Downs

Gartner Company Profile

Gartner, Inc is a global research and advisory firm that provides business leaders with insights, analysis and guidance on technology, digital transformation and related business strategies. The company serves organizations across industries, including corporations, government agencies and technology providers.

Gartner’s offerings include subscription-based research, consulting services, benchmarking and measurement tools, executive programs, and conferences and other events. Its research covers areas such as information technology, cybersecurity, cloud computing, artificial intelligence, data and analytics, human resources, finance, supply chains and customer experience.

Founded in 1979 by Gideon Gartner, the company has expanded its operations internationally and serves clients across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.