Gartner Stock Forecast, Price & News

Gartner's stock was trading at $107.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IT stock has increased by 17.9% and is now trading at $126.41.
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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 Thursday, October 29th 2020.
View our earnings forecast for Gartner.

Gartner Inc (NYSE:IT) announced its quarterly earnings results on Tuesday, August, 4th. The information technology services provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.39. The information technology services provider earned $1,000 million during the quarter, compared to analysts' expectations of $937.39 million. Gartner had a return on equity of 41.19% and a net margin of 5.70%. Gartner's revenue was down 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 EPS.
View Gartner's earnings history.

Gartner updated its FY 2020 Pre-Market earnings guidance on Tuesday, August, 4th. The company provided earnings per share (EPS) guidance of 3.08 for the period, compared to the Thomson Reuters consensus estimate of $3.03. The company issued revenue guidance of $3.88 billion, compared to the consensus revenue estimate of $3.83 billion.

5 brokers have issued twelve-month price targets for Gartner's shares. Their forecasts range from $90.00 to $178.00. On average, they expect Gartner's stock price to reach $125.40 in the next year. This suggests that the stock has a possible downside of 0.8%.
View analysts' price targets for Gartner.

News headlines about IT stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gartner earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Gartner.

Some companies that are related to Gartner include Accenture (ACN), IBM (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), Boeing (BA), Broadcom (AVGO), Micron Technology (MU), Mastercard (MA), salesforce.com (CRM), Cisco Systems (CSCO) and Walt Disney (DIS).

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

Gartner's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.93%), Bamco Inc. NY (6.50%), FMR LLC (5.83%), Principal Financial Group Inc. (4.00%), TimesSquare Capital Management LLC (0.87%) and Bank of New York Mellon Corp (0.81%). 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 CIBC Private Wealth Group LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Bamco Inc. NY, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, GW&K Investment Management LLC, and Greenhouse Funds LLLP. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David K Mcveigh, Eugene A Hall, James C Smith, Karen E Dykstra, Kendall B Davis, Michael P Harris, Robin B Kranich, and Scott Hensel.
View insider buying and selling activity for Gartner.

IT stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Baird Financial Group Inc., ArrowMark Colorado Holdings LLC, Bank of America Corp DE, AQR Capital Management LLC, Cubist Systematic Strategies LLC, New York State Common Retirement Fund, and MUFG Securities EMEA plc.
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 $126.41.

Gartner has a market capitalization of $11.28 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]