Gartner, Inc. (NYSE:IT) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Analyst consensus: Hold — Eleven brokerages cover Gartner (2 sell, 7 hold, 2 buy) with an average 1‑year target price of $179.50.
• Q1 beat and upgraded guidance — Gartner reported $3.32 EPS (beat) on $1.49B revenue (down ~1.5% y/y) and raised FY‑2026 adjusted EPS guidance to at/above $13.25 with an expected adjusted EPS CAGR above 12%, citing strong demand for AI‑related services that boosted margins.
• Valuation and legal risk — Analysts note compressed valuation multiples that could limit near‑term upside, and multiple securities‑fraud class actions filed after the release add potential litigation risk; the stock trades around $149.46 with a market cap of about $10.5B and a P/E near 15.5.

Gartner, Inc. (NYSE:IT - Get Free Report) has received a consensus rating of "Hold" from the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $179.50.

Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft set a $204.00 target price on Gartner in a report on Wednesday, February 4th. Weiss Ratings restated a "sell (d+)" rating on shares of Gartner in a report on Tuesday, April 21st. Robert W. Baird set a $240.00 price target on Gartner in a research report on Wednesday, February 4th. Wells Fargo & Company cut their price objective on shares of Gartner from $150.00 to $140.00 and set an "underweight" rating on the stock in a research report on Friday, March 27th. Finally, Truist Financial reduced their price objective on shares of Gartner from $300.00 to $170.00 and set a "buy" rating for the company in a research note on Friday, February 6th.

More Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q1 EPS beat and margins beat expectations — Gartner reported $3.32 EPS vs. consensus ~ $2.92 and highlighted stronger profitability that supported an upgraded outlook. Gartner Reports First-Quarter 2026 Financial Results
• Positive Sentiment: Guidance raised: management set FY‑2026 adjusted EPS at at/above $13.25 and projected an adjusted EPS CAGR above 12%, giving investors clearer upside to long‑term earnings. Gartner projects adjusted EPS CAGR above 12% as 2026 guidance rises to at or above $13.25
• Positive Sentiment: Management cited strong demand for AI‑related services and raised profit forecasts on that strength — a positive signal that AI consultancy and services are driving higher-margin revenue. Gartner raises profit forecast on strong AI service demand
• Positive Sentiment: Operational drivers: contract value growth and cost control helped lift EPS and free‑cash‑flow outlook despite softer top‑line, according to analyst write‑ups. IT Q1 Earnings Beat on Contract Value Growth & Cost Control
• Neutral Sentiment: Top‑line softness: revenue was roughly $1.49B, a ~1.5% decline year‑over‑year and slightly below some street revenue estimates — earnings beat was driven more by margin/contract trends than revenue growth. Gartner earnings summary and materials
• Neutral Sentiment: Valuation headwind: commentary and analysis note a compressed valuation multiple that has weighed on the stock, even as earnings improved — this may limit near‑term upside unless multiple expansion follows. Compressed Valuation Multiple Hurt Gartner (IT)
• Negative Sentiment: Legal risk: multiple securities‑fraud class actions and law‑firm investor notices were filed/issued after the release, alleging misstatements about contract/consulting outlook; lead‑plaintiff deadlines are public — this raises litigation risk and potential costs. Pomerantz law firm investor alert on class action

Institutional Investors Weigh In On Gartner

Several institutional investors and hedge funds have recently made changes to their positions in IT. Independent Franchise Partners LLP bought a new position in Gartner in the 3rd quarter valued at approximately $840,166,000. Capital International Investors purchased a new stake in Gartner during the 3rd quarter valued at $820,113,000. J. Stern & Co. LLP increased its holdings in shares of Gartner by 8,182.0% in the 4th quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider's stock worth $387,727,000 after purchasing an additional 1,518,333 shares in the last quarter. Norges Bank bought a new stake in shares of Gartner in the 4th quarter worth $299,576,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Gartner by 108,812.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider's stock worth $258,827,000 after purchasing an additional 1,025,010 shares during the last quarter. Institutional investors own 91.51% of the company's stock.

Gartner Price Performance

Shares of NYSE IT opened at $149.46 on Wednesday. The company has a 50 day simple moving average of $155.89 and a two-hundred day simple moving average of $200.87. Gartner has a fifty-two week low of $139.18 and a fifty-two week high of $451.73. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 0.90 and a beta of 0.91. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00.

Gartner (NYSE:IT - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 EPS for the quarter, topping analysts' consensus estimates of $2.99 by $0.33. The firm had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.51 billion. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The business's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.98 EPS. Gartner has set its FY 2026 guidance at 13.250- EPS. Analysts expect that Gartner will post 13.3 EPS for the current fiscal year.

About Gartner

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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