Gartner (NYSE:IT) Upgraded to “Strong-Buy” at Zacks Research

Gartner (NYSE:IT) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other brokerages also recently commented on IT. Weiss Ratings downgraded shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 31st. UBS Group increased their price target on shares of Gartner from $164.00 to $196.00 and gave the company a “neutral” rating in a report on Wednesday. Royal Bank Of Canada raised their price objective on shares of Gartner from $160.00 to $164.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Morgan Stanley set a $177.00 price objective on Gartner in a report on Wednesday. Finally, Wells Fargo & Company upped their target price on Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $185.50.

Gartner Trading Up 0.2%

Shares of Gartner stock opened at $185.25 on Thursday. The business has a fifty day simple moving average of $146.46 and a two-hundred day simple moving average of $157.96. Gartner has a 1 year low of $124.25 and a 1 year high of $265.85. The company has a market capitalization of $12.40 billion, a price-to-earnings ratio of 16.61, a P/E/G ratio of 0.61 and a beta of 0.94. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.94.

Gartner (NYSE:IT) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $3.76 by $0.61. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the company earned $3.53 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. Research analysts forecast that Gartner will post 14.44 EPS for the current year.

Hedge Funds Weigh In On Gartner

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Gartner in the 2nd quarter worth about $676,246,000. Capital International Investors grew its position in shares of Gartner by 28.3% during the 4th quarter. Capital International Investors now owns 4,004,093 shares of the information technology services provider’s stock worth $1,010,153,000 after purchasing an additional 884,250 shares in the last quarter. State Street Corp grew its position in shares of Gartner by 2.8% during the 3rd quarter. State Street Corp now owns 3,510,206 shares of the information technology services provider’s stock worth $922,728,000 after purchasing an additional 96,809 shares in the last quarter. Independent Franchise Partners LLP increased its holdings in shares of Gartner by 3.5% during the fourth quarter. Independent Franchise Partners LLP now owns 3,308,566 shares of the information technology services provider’s stock worth $834,685,000 after purchasing an additional 112,439 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Gartner by 5.8% during the fourth quarter. Morgan Stanley now owns 2,495,575 shares of the information technology services provider’s stock worth $629,585,000 after purchasing an additional 136,233 shares during the period. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner reported quarterly EPS of $4.37, well above the $3.76 analyst consensus, while revenue of $1.68 billion also exceeded expectations. The earnings beat, improved margins and stabilization in contract value have supported the stock’s recent rally. Gartner Trading 14.3% Higher After Earnings Beat
• Positive Sentiment: Management raised its 2026 EPS and free-cash-flow outlook, reflecting stronger margins and cash generation. Gartner’s discounted valuation, rising earnings outlook and high return on equity are also attracting investor interest. Gartner Lifts 2026 EPS Outlook While Revenue Guidance Edges Lower
• Positive Sentiment: Analyst support has improved: UBS raised its price target to $196 from $164 while maintaining a Neutral rating, and separate reports cited bullish forecasts from Wells Fargo and Goldman Sachs. Gartner Price Target Raised to $196 at UBS
• Positive Sentiment: Gartner’s research continues to benefit from enterprise technology demand, with recent coverage highlighting rising interest in AI engineering, cloud-native platforms and AI agents. These trends could support future research and advisory demand.
• Neutral Sentiment: The stock has gained 39.3% over the past month, improving momentum but also raising the risk that additional gains may depend on continued earnings execution. Gartner Jumps 39.3% in Past Month
• Negative Sentiment: Full-year revenue guidance edged lower despite the higher EPS outlook. Revenue growth was already slightly down year over year, and Consulting weakness, uneven earnings growth and liquidity risks could limit the rally.

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.