Morgan Stanley Issues Positive Forecast for Gartner (NYSE:IT) Stock Price

Gartner (NYSE:IT) had its price target boosted by equities researchers at Morgan Stanley from $182.00 to $192.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has an “equal weight” rating on the information technology services provider’s stock. Morgan Stanley‘s price objective suggests a potential downside of 9.46% from the stock’s current price.

Several other research analysts also recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Gartner from $150.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday, October 20th. BMO Capital Markets restated a “market perform” rating and set a $231.00 price target on shares of Gartner in a report on Wednesday. Zacks Research downgraded Gartner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $198.00 price target on shares of Gartner in a research report on Tuesday, October 20th. Finally, UBS Group lifted their price objective on Gartner from $196.00 to $208.00 and gave the stock a “neutral” rating in a research note on Monday, October 5th. Eight analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $201.50.

Gartner Stock Performance

Shares of NYSE:IT traded up $7.83 during trading on Wednesday, reaching $212.05. The stock had a trading volume of 856,127 shares, compared to its average volume of 1,451,048. Gartner has a 52 week low of $124.25 and a 52 week high of $256.89. The firm has a market capitalization of $13.39 billion, a price-to-earnings ratio of 19.02, a P/E/G ratio of 0.89 and a beta of 0.92. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 46.98. The stock has a fifty day simple moving average of $197.07 and a two-hundred day simple moving average of $170.01.

Gartner (NYSE:IT) last issued its quarterly earnings data on Tuesday, November 3rd. The information technology services provider reported $3.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.75. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Gartner had a net margin of 11.99% and a return on equity of 525.46%. Gartner’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.76 earnings per share. As a group, analysts anticipate that Gartner will post 14.39 earnings per share for the current fiscal year.

Insider Activity at Gartner

In other news, Director Anne Fuchs sold 860 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $184.30, for a total transaction of $158,498.00. Following the transaction, the director owned 8,097 shares in the company, valued at approximately $1,492,277.10. The trade was a 9.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robin B. Kranich sold 3,278 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $196.50, for a total transaction of $644,127.00. Following the transaction, the executive vice president directly owned 20,358 shares of the company’s stock, valued at $4,000,347. This represents a 13.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,043 shares of company stock valued at $1,172,858 in the last 90 days. 2.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Gartner

A number of institutional investors have recently added to or reduced their stakes in the company. Bamco Inc. NY acquired a new position in Gartner in the 2nd quarter valued at approximately $985,243,000. BlackRock Inc. acquired a new stake in shares of Gartner during the 2nd quarter worth approximately $676,246,000. Bank of America Corp DE acquired a new stake in shares of Gartner during the 2nd quarter worth approximately $117,661,000. Madison Asset Management LLC acquired a new stake in shares of Gartner during the 2nd quarter worth approximately $74,481,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Gartner during the second quarter valued at approximately $51,262,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner reported Q3 adjusted EPS of $3.59, above consensus estimates of about $2.84, and revenue of roughly $1.50 billion, slightly ahead of forecasts. The company also raised its 2026 adjusted EPS outlook to at least $14.65 and its EBITDA target to at least $1.615 billion. Gartner Q3 earnings and revenues beat estimates
• Neutral Sentiment: Management said demand for advice on AI implementation is bringing clients to Gartner, but that opportunity has not yet translated into the faster growth investors were looking for. Gartner stock crashed despite raised guidance
• Negative Sentiment: The key growth measure cited in coverage increased only 2.5%, and management indicated a 4% pace by year-end was unlikely. Gartner’s implied Q4 earnings outlook also fell short of Wall Street expectations, while revenue was down about 1.2% year over year—concerns that overshadowed the Q3 beat and higher annual guidance. Gartner stock sinks despite raised outlook
• Negative Sentiment: Truist Financial cut its rating from Buy to Hold and lowered its price target from $235 to $210, signaling less near-term upside in the analyst’s view. Gartner analyst downgrade

About Gartner

Gartner, Inc is a global research and advisory company that provides information, analysis and guidance to business leaders, technology professionals and public-sector organizations. Its work focuses on helping clients evaluate technology markets, develop business strategies, manage risk and make decisions about digital transformation and other organizational priorities.

The company delivers its services through research and advisory programs, consulting engagements, executive guidance and conferences.