Gartner Stock Forecast, Price & News

Gartner's stock was trading at $107.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IT stock has increased by 42.3% and is now trading at $152.55.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Gartner is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Gartner.

Gartner, Inc. (NYSE:IT) released its quarterly earnings results on Tuesday, November, 3rd. The information technology services provider reported $0.91 EPS for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.38. The information technology services provider earned $995 million during the quarter, compared to the consensus estimate of $930.46 million. Gartner had a return on equity of 41.76% and a net margin of 5.13%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 earnings per share.
View Gartner's earnings history.

Gartner updated its FY 2020 Pre-Market earnings guidance on Tuesday, November, 3rd. The company provided earnings per share (EPS) guidance of 4.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.17. The company issued revenue guidance of $4.05 billion, compared to the consensus revenue estimate of $3.9 billion.

5 Wall Street analysts have issued 12 month target prices for Gartner's shares. Their forecasts range from $90.00 to $150.00. On average, they expect Gartner's stock price to reach $127.00 in the next twelve months. This suggests that the stock has a possible downside of 16.7%.
View analysts' price targets for Gartner.

Some companies that are related to Gartner include Accenture (ACN), International Business Machines (IBM), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), Leidos (LDOS), Booz Allen Hamilton (BAH), Amdocs (DOX), CACI International (CACI), ManTech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and ServiceSource International (SREV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Gartner investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), The Boeing (BA), Broadcom (AVGO), Mastercard (MA), Micron Technology (MU), The Walt Disney (DIS), Intel (INTC) and salesforce.com (CRM).

Gartner trades on the New York Stock Exchange (NYSE) under the ticker symbol "IT."

Gartner's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.78%), State Street Corp (3.90%), Principal Financial Group Inc. (3.75%), Bares Capital Management Inc. (2.65%), Wells Fargo & Company MN (0.75%) and Charles Schwab Investment Management Inc. (0.73%). Company insiders that own Gartner stock include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David K Mcveigh, Eugene A Hall, James C Smith, Joseph P Beck, Karen E Dykstra, Kendall B Davis, Michael P Harris, Michael Patrick Diliberto, Mr Thomas Christopher, Robin B Kranich and Scott Hensel.
View institutional ownership trends for Gartner.

IT stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Principal Financial Group Inc., Assenagon Asset Management S.A., State Street Corp, Arrowstreet Capital Limited Partnership, Bares Capital Management Inc., MUFG Securities EMEA plc, and Squarepoint Ops LLC. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Eugene A Hall, James C Smith, Karen E Dykstra, Kendall B Davis, Michael P Harris, and Robin B Kranich.
View insider buying and selling activity for Gartner.

IT stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Goodnow Investment Group LLC, Supplemental Annuity Collective Trust of NJ, JPMorgan Chase & Co., Morgan Stanley, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, New York State Common Retirement Fund, and First Trust Advisors LP.
View insider buying and selling activity for Gartner.

Shares of IT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IT stock can currently be purchased for approximately $152.55.

Gartner has a market capitalization of $13.62 billion and generates $4.25 billion in revenue each year. The information technology services provider earns $233.29 million in net income (profit) each year or $3.90 on an earnings per share basis. Gartner employs 16,724 workers across the globe.

The official website for Gartner is www.gartner.com.

Gartner's mailing address is 56 TOP GALLANT RD P O BOX 10212, STAMFORD CT, 06904. The information technology services provider can be reached via phone at 203-316-1111 or via email at [email protected]