Gartner Stock Forecast, Price & News

Gartner's stock was trading at $107.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IT shares have increased by 22.3% and is now trading at $131.13.
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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 data on Tuesday, August, 4th. The information technology services provider reported $1.20 EPS for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.39. The information technology services provider had revenue of $1,000 million for 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%. The company's revenue was down 6.6% on a year-over-year basis. During the same period last year, the firm posted $1.45 earnings per share.
View Gartner's earnings history.

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

5 Wall Street analysts have issued 12 month price targets for Gartner's stock. Their forecasts range from $90.00 to $178.00. On average, they anticipate Gartner's share price to reach $125.40 in the next year. This suggests that the stock has a possible downside of 4.4%.
View analysts' price targets for Gartner.

Media coverage about IT stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Gartner earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press 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 variety 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 bought 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 $131.13.

Gartner has a market capitalization of $11.70 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]