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IT·Gartner, Inc.

$197.08
+0.12 (+0.06%)
High
$200.39
Open
$197.73
Market Cap
12.50B
52W High
$261.10
Low
$196.25
P. Close
$197.08
P/E
16.12
52W Low
$124.25
Fwd P/E
12.02
DailyIQ Est.
$191.45
Inst. Ownership
61.4%
Short Interest
10.93%
Days to Cover
6.8
Technical Score (1D)
20
BEARISH
News Sentiment
41
BEARISH
On Oct 13, Gartner (IT) announced that Executive Vice President and Chief Legal Officer Thomas Kim would step down on Oct 16, 2026, creating a vacancy in the company’s legal, compliance and governance leadership. The departure removed a key oversight role responsible for legal, regulatory and governance matters across Gartner’s global research and consulting operations. Investors reacted with a 47.25% 90‑day return but a 16.91% year‑to‑date decline, indicating mixed market sentiment. Analysts questioned whether the market was overpaying for Gartner’s research franchise or if sentiment had outpaced valuation, viewing the governance concern as a moderate negative driver for the stock. No immediate operational changes were reported, but the exit may prompt a temporary shift in risk management and client relationship oversight.
LOW TARGET
$150 -23.9%
2 analysts
MEAN TARGET
$189 -4.1%
16 analysts
HIGH TARGET
$229 +16.2%
8 analysts
PRICE RANGE
$150.00 - $229.00
SB / B / H / S / SS
5/7/11/2/1
DAILYIQ EST.
$191.45 (-2.9%)
Sector
Technology
Industry
Information Technology Services
Exchange
NYQ
Country
United States
Website
gartner.com
Symbol
IT
Description
Gartner, Inc. is a global research and advisory firm providing insights and guidance across various industries. The company's core business revolves around three primary segments: research, conferences, and consulting services. Through its research segment, Gartner offers subscription-based access to in-depth analysis, data, and expert consultations, empowering clients to make informed decisions. The conferences segment facilitates networking and knowledge sharing for executives and their teams. Furthermore, Gartner's consulting arm delivers tailored solutions, including strategic advice on IT cost optimization, digital transformation, and sourcing strategies. Established in 1979, Gartner is headquartered in Stamford, Connecticut, and operates internationally, serving a diverse client base.
Bought (1Y)
0 shares
$0
Sold (1Y)
7,104 shares
$1.4M
Bousa Edward Peter-
Award/Grant136 shares2026-10-01
Bisson Peter-
Award/Grant136 shares2026-10-01
CESAN RAUL E-
J130 shares2026-10-01
CESAN RAUL E-
Award/Grant130 shares2026-10-01
CESAN RAUL E-
J130 shares2026-10-01
View full insider trading history →
60/ 100
Neutral / mixed
Overall: Neutral
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Gross Margin
68.8%
Net Margin
11.2%
Revenue CAGR
10.0%
Current Ratio
1.00x
Debt / Equity
9.32x
Return on Equity
228.0%
View full financials →
Earnings Summary
Gartner, Inc. is a global research and advisory firm that delivers subscription-based insights, conferences, and consulting services across a broad client base, positioning it as a key player in the Information Technology Services sector. The company’s business model relies heavily on recurring research subscriptions, supplemented by event revenue and tailored consulting engagements, which collectively sustain its market presence. In the most recent quarters, Gartner reported Q4 2024 earnings of $5.45 EPS against a $3.2592 estimate, and revenue of $1.7151 B, a notable increase from the prior year’s $1.53 B. Q1 2025 saw EPS of $2.98 versus a $2.71629 estimate and revenue of $1.5341 B, slightly lower than Q4 2024 but still above the $1.53 B baseline. Q2 2025 delivered EPS of $3.53 against a $3.30511 estimate and revenue of $1.6865 B, indicating a modest acceleration in earnings and a rebound in top-line growth. The company has consistently beat earnings estimates in three of the last four quarters, while revenue growth has remained steady, hovering around the $1.5–1.7 B range. Historically, Gartner has maintained a positive YoY revenue trajectory, with EPS growth outpacing revenue in recent periods, reflecting efficient cost management and strong subscription demand. Recent news highlights Morgan Stanley’s upward revision of Gartner’s price target to $182, citing confidence in the firm’s subscription growth trajectory and robust market position; this upgrade aligns with Gartner’s forecast of 4.4 % foreign‑exchange‑neutral contract value growth in Q3 2025.

EPS

EstBeatMiss
$2.14$2.77$3.40$4.03$4.66Q1'25Q2'25Q3'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$2.84 - -
Q2'26$3.87$4.37+13.1%
Q1'26$3.67$3.32-9.6%
Q3'25$2.43$2.76+13.7%
Q2'25$3.31$3.53+6.8%
Q1'25$2.72$2.98+9.7%

Revenue

EstBeatMiss
$1.5B$1.5B$1.6B$1.7B$1.7BQ1'25Q2'25Q3'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.5B - -
Q2'26$1.7B$1.7B-1.4%
Q1'26$1.7B$1.5B-9.9%
Q3'25 - $1.5B -
Q2'25 - $1.7B -
Q1'25 - $1.5B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

IT Stock Snapshot

BEARISH20/100
$197.08+$0.12 (0.1%)
Market cap
12.50B
P/E ratio
16.1
Day range
$196.25 – $200.39
News sentiment
41/100 · Neutral
Analyst target
$189.08 (-4.1%)
Consensus
Hold · 26 analysts
52-week range+58.6% off low · -24.5% from high
$124.25$261.10
Price $197.08 DailyIQ Est. $191.45

The trend on IT is bearish, and its momentum ranks in the lower part of DailyIQ's universe. Earnings and guidance carry more weight than macro data at this capitalisation.

Reverse DCF

What growth is priced into IT?

CHEAP

At today's price, Gartner, Inc. needs to grow free cash flow about -5.7% a year for the next 10 years to justify its valuation at a 8.09% cost of capital. Over its actual history it has compounded free cash flow at 14.5% a year, so the market is asking for 20.1 percentage points below its own delivered rate. On that basis IT looks priced below what its own growth record supports.

Implied FCF growth
-5.7%
Historical FCF CAGR
14.5%
Growth gap
-20.1 pts
Verdict
CHEAP
Discount rate (WACC)
8.09%
Beta
0.81

Behaviour On Record

What IT's own history says about today's numbers

Realized volatility (21d)
37.3% 81st pct
Below its peak
-64.3%
vs 200-day average
+15.0%
Up days (1y)
49%

Gartner, Inc. is currently running 37.3% annualised volatility over the last 21 sessions. Measured against IT's own 13 years of daily returns rather than a market-wide average, that is the 81st percentile — elevated for this stock, against a typical reading of 21.5%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

IT is trading -64.3% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -16.8%, and the deepest was -59.4% in 2025. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits +15.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 80th percentile — a wider gap than this stock usually carries. Over the past year IT closed higher on 49% of sessions, and it is currently 2 sessions into a rising streak.

On October specifically: over 13 years of records, IT finished the month higher 8 of 13 times, with a median return of +0.6% and an average of +2.0%. Its strongest month historically has been November at +7.3% on average, its weakest February at -4.5%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: IT has opened more than 2% away from the prior close in 129 of 3,267 sessions (3.9% of the time), with the largest gaps running +9.6% and -14.2%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,268 daily closes between 2013-10-15 and 2026-10-13, split-adjusted, recomputed daily. Percentiles are against IT's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of IT's sector?

Gartner, Inc. sits in the Software sector, currently ranked 2nd of 12 GICS sectors by relative-strength rotation score (weakening).

Sector rank
#2 of 12
Sector state
Weakening
Sector rotation score
73

Options Market

What is the options market pricing for IT?

CallsPuts

For Gartner, Inc.'s nearest expiry (2026-10-16, 2 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 1.83), with at-the-money implied volatility around 68.3%. The options market is pricing roughly a ±5.0% move by that expiry — a range of about $186.84–$206.36.

Put/call ratio (2026-10-16)
1.83
ATM implied volatility
68.3%
Total open interest
1,800
Expected move by 2026-10-16
±5.0% ($186.84–$206.36)

Analyst Rating Changes

Are analysts turning bullish or bearish on IT?

BMO Capital most recently reiterated its rating on Gartner, Inc. to Market Perform on Oct 13, 2026 with a price target of $212 (from $206). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
BMO Capital — Market Perform
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 13, 2026BMO CapitalMaintainedMarket Perform$206 → $212
Oct 8, 2026Morgan StanleyMaintainedEqual-Weight$177 → $182
Oct 5, 2026UBSMaintainedNeutral$196 → $208
Aug 18, 2026BMO CapitalMaintainedMarket Perform$214 → $206
Aug 5, 2026UBSMaintainedNeutral$164 → $196
Aug 5, 2026Goldman SachsMaintainedNeutral$162 → $181
Aug 5, 2026RBC CapitalMaintainedSector Perform$160 → $164
Aug 5, 2026Wells FargoMaintainedUnderweight$120 → $150
Jul 10, 2026Morgan StanleyMaintainedEqual-Weight$183 → $173
Jun 24, 2026Wells FargoMaintainedUnderweight$140 → $120
Jun 12, 2026UBSMaintainedNeutral$170 → $164
May 6, 2026UBSMaintainedNeutral$166 → $170

Peers & ETF holders

IT peers & ETF holders

Information Technology ServicesMarket cap · today

Top ETF holdersWeight

News Sentiment Analysis

Sentiment gathered from recent headlines

41/100
Strong NegativeNeutralStrong Positive
BEARISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
Gartner (IT) announced that Executive Vice President and Chief Legal Officer Thomas Kim would step down on October 16, 2026, prompting investors to focus on the company’s governance structure. The departure removes a key oversight role responsible for legal, regulatory, and governance matters across Gartner’s global research and consulting operations. Recent trading activity showed a 47.25% 90‑day return and a 9.67% 30‑day gain, yet the year‑to‑date share price fell 16.91%, indicating mixed market sentiment. Analysts questioned whether the market is overpaying for Gartner’s research franchise or if sentiment has outpaced valuation. The governance concern is viewed as a moderate negative driver for the stock.
What did this article say?
Gartner (IT) disclosed that Executive Vice President and Chief Legal Officer Thomas Kim would step down to pursue another executive role. Kim had overseen the company’s legal, compliance, and corporate governance functions. The announcement did not include details on his successor or the timing of the transition, leaving uncertainty about the continuity of governance leadership. The departure is part of a broader governance narrative for the firm, but no immediate operational impact was indicated.
What did this article say?
Gartner’s share price had fallen 44% over the past three years, but recent trading activity suggested a potential rebound. Analysts evaluated whether the current $196.96 price is justified by the company’s projected cash flows, using a discounted cash flow model. The review highlighted Gartner’s research on AI, cybersecurity, and enterprise technology, noting that these trends could affect client spending and future cash inflows. A comparison with 32 other undervalued stocks was also performed to contextualize the valuation.
What did this article say?
Morgan Stanley increased its price target for Gartner (IT) from $177 to $182 while keeping an Equal Weight rating, prompting a 4.9% rise in the stock. The upgrade was based on a forecast of 4.4% foreign‑exchange‑neutral contract‑value growth in Gartner’s core research subscriptions for the third quarter. The move reflects confidence in Gartner’s subscription revenue trajectory ahead of its quarterly report.
What did this article say?
Morgan Stanley increased its price target for Gartner (IT) from $177 to $182, reflecting a modest upgrade in the analyst’s view. The firm cited Gartner’s strong market position and continued demand for its research services as key drivers. The adjustment aligns with the broader consensus, which holds an average rating of hold and a mean target of $189.50. This move suggests confidence in Gartner’s ability to sustain growth amid competitive pressures. The update is unlikely to cause significant volatility but may support a gradual upside trajectory for the stock.
What did this article say?
Morgan Stanley analyst Toni Kaplan maintained Gartner (NYSE:IT) at an Equal‑Weight rating and raised the price target from $177 to $182. The upgrade signals confidence in Gartner’s growth prospects and market positioning. The new target reflects expectations of stronger earnings and continued demand for its analytics services.
What did this article say?
Gartner projected that 70% of enterprises will abandon vendor-built agentic AI due to high costs and limited flexibility, and warned that fewer than 20% of Forward‑Deployed Engineering projects will be integrated into core products by 2028. The forecast signals a potential shift away from vendor‑led AI solutions, which could reduce demand for IT’s AI offerings. The report also highlighted concerns about “FDE washing,” implying that many projects may not deliver true value. The warning may influence investor sentiment toward IT, as it underscores challenges in maintaining AI market share. Overall, the outlook presents a moderate negative impact on IT’s growth prospects.
What did this article say?
UBS analysts noted that Gartner (IT) is likely to exceed Q3 contract value expectations, with a projected 2.5% growth versus the Street's 2.3%. The firm lowered its ex-federal net contract value estimate to $45 million from $60 million, citing a challenging renewal environment, but expects a moderate federal recovery to offset some weakness. UBS also anticipates an upward revision of Gartner's 2026 earnings guidance and a modest revenue increase, while predicting a slower share‑buyback pace in Q3. The outlook suggests a positive momentum for the stock, though some investors view recent gains as a temporary squeeze.
What did this article say?
UBS forecasted that Gartner (IT) would report third‑quarter contract value growth of 2.5%, marginally above the 2.3% estimate. The analyst anticipated net new contract value to rise by $58 million, slightly below prior expectations. UBS highlighted that a beat could justify an upgrade to Gartner’s revenue and earnings guidance for 2026. The outlook emphasized that the company’s margin contingency would support the upward revision. Overall, the forecast suggested a positive impact on Gartner’s financial outlook.
What did this article say?
UBS analyst Joshua Chan maintained a neutral stance on Gartner (NYSE:IT) while raising the price target from $196 to $208. The upgrade reflects confidence in Gartner’s continued market position and earnings outlook. The move signals a modest positive outlook for the company without indicating a significant shift in fundamentals.

Technical Analysis

Real-time indicators across multiple timeframes

20
BEARISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
Unlock full technicals
Create a free account to access more indicators and deeper timeframe data.
Institutional & Hedge Fund Ownership
25 tracked managers · $6.11B combined position · 12 adding, 13 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▼ Sell9,053,82714.26%$2.28B2026-01-29
BlackRock, Inc.▼ Sell5,217,1468.22%$676.25M2026-08-07
AQR Capital Management LLC▲ Buy4,175,0366.58%$541.17M2026-08-14
Harris Associates L P▼ Sell2,846,7994.48%$369.00M2026-08-14
Geode Capital Management, LLC▲ Buy2,603,2964.10%$337.02M2026-08-12
Two Sigma Investments, LP▲ Buy2,129,7023.36%$276.05M2026-08-14
Invesco Ltd.▲ Buy2,061,1123.25%$267.16M2026-08-14
Morgan Stanley▼ Sell1,867,6602.94%$242.09M2026-08-13
Goldman Sachs Group Inc▼ Sell1,758,7392.77%$227.97M2026-08-14
Bank of America Corp▲ Buy907,7351.43%$117.66M2026-08-14
Norges Bank▼ Sell854,6531.35%$110.78M2026-08-12
D. E. Shaw & Co., Inc.▲ Buy804,8211.27%$104.32M2026-08-14
Northern Trust Corp▼ Sell657,7801.04%$85.26M2026-08-13
Citadel Advisors LLC▲ Buy590,2750.93%$76.51M2026-09-02
Renaissance Technologies LLC▲ Buy534,0690.84%$69.23M2026-08-13
JPMorgan Chase & Co▼ Sell504,9670.80%$67.45M2026-08-12
Millennium Management LLC▲ Buy409,5640.65%$53.09M2026-08-14
FMR LLC (Fidelity)▼ Sell315,2380.50%$40.86M2026-08-13
Balyasny Asset Management L.P.▲ Buy308,2880.49%$39.96M2026-08-14
Citigroup Inc▼ Sell302,7310.48%$39.24M2026-08-03
Gotham Asset Management, LLC▼ Sell198,9040.31%$25.78M2026-08-14
Susquehanna International Group, LLP▲ Buy130,9240.21%$16.97M2026-08-14
Artisan Partners Limited Partnership▼ Sell127,0150.20%$16.46M2026-08-13
Wells Fargo & Company▼ Sell125,7650.20%$16.30M2026-08-14
Prudential Financial Inc▲ Buy102,6580.16%$13.31M2026-08-12
Q2 2026 flow:4.04M sh bought ($523.90M)3.80M sh sold ($493.96M)net +242.8K sh (+$29.94M)
View full institutional holdings history →
Congressional Trading Activity
13 disclosed trades · ~$104.0K est. traded value · 5 buys, 8 sells
MemberChamberStateTypeAmountTradedFiled
Gilbert CisnerosHouseCA31▼ Sell$1K - $15K2026-04-142026-05-08
Gilbert CisnerosHouseCA31▲ Buy$1K - $15K2026-03-132026-04-07
Lisa McClainHouseMI09▼ Sell$1K - $15K2025-10-312025-11-21
Lisa McClainHouseMI09▼ Sell$1K - $15K2025-10-302025-11-21
Lisa McClainHouseMI09▲ Buy$1K - $15K2025-10-302025-11-21
Lisa McClainHouseMI09▼ Sell$1K - $15K2025-07-222025-08-13
Lisa McClainHouseMI09▲ Buy$1K - $15K2025-07-162025-08-13
Valerie HoyleHouseOR04▼ Sell$1K - $15K2025-06-262025-09-12
Rob BresnahanHousePA08▼ Sell$1K - $15K2025-04-082025-04-28
Byron DonaldsHouseFL19▼ Sell$1K - $15K2025-03-202025-04-14
Valerie HoyleHouseOR04▲ Buy$1K - $15K2024-10-292025-09-12
Tommy TubervilleSenateAL▼ Sell$1K - $15K2022-10-052022-11-10
Tommy TubervilleSenateAL▲ Buy$1K - $15K2022-03-302022-04-08
View full congressional trading history →

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