Gartner (NYSE:IT) Updates FY 2026 Earnings Guidance

Key Points

• Gartner updated its FY2026 guidance, providing EPS guidance of 13.25 (vs. consensus 13.19) while guiding revenue of about $6.4B, below the Street's ~$6.5B estimate.
• For Q1 the company reported EPS of $3.32 (beat vs. $2.92 consensus) but revenue of $1.49B slightly missed estimates, and management said stronger profitability supports an upgraded FY‑2026 outlook.
• Several analysts have cut ratings and price targets (consensus rating: Hold, target $180.40), and ongoing securities‑class action filings pose a legal overhang that could increase volatility.

Gartner (NYSE:IT - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 13.250- for the period, compared to the consensus estimate of 13.190. The company issued revenue guidance of $6.4B-, compared to the consensus revenue estimate of $6.5 billion.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings restated a "sell (d+)" rating on shares of Gartner in a research note on Tuesday, April 21st. The Goldman Sachs Group downgraded shares of Gartner from a "buy" rating to a "neutral" rating and cut their price target for the company from $220.00 to $171.00 in a report on Monday, April 27th. Royal Bank Of Canada set a $175.00 target price on Gartner in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a research report on Wednesday, February 4th. Finally, Barclays lowered their price target on shares of Gartner from $180.00 to $150.00 and set an "equal weight" rating for the company in a report on Friday, April 10th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Gartner presently has an average rating of "Hold" and a consensus target price of $180.40.

Gartner Trading Up 0.9%

Shares of IT opened at $147.78 on Tuesday. The stock's 50-day moving average is $155.98 and its two-hundred day moving average is $201.48. The stock has a market cap of $10.41 billion, a PE ratio of 15.31, a P/E/G ratio of 0.89 and a beta of 0.91. Gartner has a 12 month low of $139.18 and a 12 month high of $451.73. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00.

Gartner (NYSE:IT - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 EPS for the quarter, beating the consensus estimate of $2.92 by $0.40. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the business earned $2.98 earnings per share. Gartner's revenue was down 1.5% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 13.250- EPS. Equities analysts forecast that Gartner will post 13.3 earnings per share for the current fiscal year.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q1 EPS beat and upgraded outlook — Gartner reported $3.32 EPS (above consensus) and said diluted EPS rose ~17% year‑over‑year; management raised its FY‑2026 outlook on stronger profitability, which supports the stock’s upside. Read More.
• Neutral Sentiment: Top‑line softness — revenue for the quarter was $1.49B, a slight miss versus Street expectations (~$1.51B). The shortfall reflects mixed trends across Conferences, Insights and Consulting; management materials and the slide deck provide detail on segment dynamics. Read More.
• Neutral Sentiment: Earnings preview and event exposure — analysts had flagged a modest top‑line dip entering the print and Gartner’s conferences/symposia remain a visible revenue source; continued recovery in those businesses will be watched closely. Read More.
• Negative Sentiment: Legal overhang — multiple securities‑class action filings and lead‑plaintiff solicitations allege misstatements related to consulting/contract assumptions; several law firms are soliciting claims and deadlines to seek lead plaintiff are imminent. This litigation risk could pressure the stock or increase volatility. Read More.

Institutional Trading of Gartner

A number of institutional investors have recently added to or reduced their stakes in the business. DV Equities LLC bought a new position in shares of Gartner during the 4th quarter worth about $25,000. Global Retirement Partners LLC lifted its stake in Gartner by 127.8% in the fourth quarter. Global Retirement Partners LLC now owns 180 shares of the information technology services provider's stock valued at $45,000 after buying an additional 101 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in shares of Gartner in the second quarter valued at approximately $48,000. Parkside Financial Bank & Trust raised its holdings in shares of Gartner by 72.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 221 shares of the information technology services provider's stock worth $56,000 after acquiring an additional 93 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in Gartner in the 2nd quarter worth $91,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

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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