FY2025 Earnings Estimate for Gartner Issued By William Blair

Key Points

• William Blair has revised Gartner's FY2025 earnings per share estimate down to $12.11, down from $12.48, as the consensus estimate remains at $12.50.
• Several other investment firms have also lowered their price targets for Gartner, with Goldman Sachs setting a new target of $457.00 and Morgan Stanley adjusting theirs to $322.00.
• Gartner reported a quarterly earnings result of $3.53 EPS, surpassing the consensus estimate, while revenue reached $1.66 billion, slightly below expectations.

Gartner, Inc. (NYSE:IT - Free Report) - Equities research analysts at William Blair reduced their FY2025 earnings per share estimates for shares of Gartner in a report issued on Wednesday, August 6th. William Blair analyst A. Nicholas now expects that the information technology services provider will post earnings of $12.11 per share for the year, down from their prior estimate of $12.48. The consensus estimate for Gartner's current full-year earnings is $12.50 per share. William Blair also issued estimates for Gartner's Q4 2025 earnings at $3.27 EPS, Q4 2026 earnings at $3.82 EPS and FY2026 earnings at $13.11 EPS.

A number of other equities research analysts have also weighed in on the stock. The Goldman Sachs Group decreased their price objective on shares of Gartner from $535.00 to $457.00 and set a "buy" rating for the company in a report on Wednesday. Morgan Stanley decreased their price target on shares of Gartner from $455.00 to $322.00 and set an "equal weight" rating for the company in a research note on Wednesday. BMO Capital Markets dropped their price objective on Gartner from $409.00 to $272.00 and set a "market perform" rating on the stock in a research note on Wednesday. Barclays lowered their target price on Gartner from $475.00 to $320.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, UBS Group reaffirmed a "neutral" rating and issued a $270.00 price objective (down from $480.00) on shares of Gartner in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $369.25.

Gartner Stock Performance

IT stock opened at $243.91 on Thursday. Gartner has a twelve month low of $231.00 and a twelve month high of $584.01. The firm has a market cap of $18.77 billion, a price-to-earnings ratio of 15.01 and a beta of 1.19. The business's fifty day simple moving average is $383.65 and its two-hundred day simple moving average is $432.96. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.64.

Gartner (NYSE:IT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $3.53 EPS for the quarter, beating the consensus estimate of $3.38 by $0.15. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.68 billion. Gartner had a net margin of 19.71% and a return on equity of 86.19%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.22 EPS.

Insiders Place Their Bets

In other news, EVP William James Wartinbee III sold 538 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $449.09, for a total transaction of $241,610.42. Following the sale, the executive vice president directly owned 7,965 shares of the company's stock, valued at $3,577,001.85. The trade was a 6.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig Safian sold 3,415 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $450.17, for a total value of $1,537,330.55. Following the completion of the transaction, the chief financial officer directly owned 77,890 shares in the company, valued at approximately $35,063,741.30. The trade was a 4.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,578 shares of company stock valued at $2,060,191. Insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On Gartner

A number of institutional investors and hedge funds have recently modified their holdings of IT. T. Rowe Price Investment Management Inc. boosted its stake in shares of Gartner by 692.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 1,066,732 shares of the information technology services provider's stock worth $447,751,000 after buying an additional 932,077 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Gartner by 40,841.0% in the first quarter. GAMMA Investing LLC now owns 499,071 shares of the information technology services provider's stock valued at $209,480,000 after acquiring an additional 497,852 shares during the period. Nuveen LLC acquired a new position in Gartner in the first quarter valued at approximately $128,318,000. BNP Paribas Financial Markets boosted its position in Gartner by 184.6% in the 4th quarter. BNP Paribas Financial Markets now owns 390,472 shares of the information technology services provider's stock worth $189,172,000 after purchasing an additional 253,288 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Gartner by 20.5% during the 1st quarter. JPMorgan Chase & Co. now owns 1,245,563 shares of the information technology services provider's stock worth $522,813,000 after purchasing an additional 211,842 shares during the period. Institutional investors and hedge funds own 91.51% of the company's stock.

About Gartner

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.

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