Gartner (NYSE:IT) Price Target Cut to $150.00 by Analysts at Wells Fargo & Company

Gartner (NYSE:IT) had its target price trimmed by Wells Fargo & Company from $218.00 to $150.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has an underweight rating on the information technology services provider’s stock.

Other research analysts also recently issued research reports about the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Gartner in a report on Thursday, January 22nd. BMO Capital Markets decreased their target price on shares of Gartner from $272.00 to $254.00 and set a “market perform” rating for the company in a research report on Wednesday, November 5th. Truist Financial set a $300.00 price target on shares of Gartner in a research report on Wednesday, November 26th. Robert W. Baird set a $240.00 price target on Gartner in a research note on Wednesday. Finally, UBS Group boosted their price objective on Gartner from $256.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $235.30.

Gartner Stock Performance

Shares of Gartner stock opened at $157.63 on Wednesday. Gartner has a one year low of $139.18 and a one year high of $546.21. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 16.33 and a beta of 1.06. The business has a 50-day simple moving average of $234.23 and a 200 day simple moving average of $248.33. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.88 and a quick ratio of 0.88.

Gartner (NYSE:IT) last announced its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.50 by $0.44. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a return on equity of 83.48% and a net margin of 11.22%.The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.45 earnings per share. Gartner has set its FY 2026 guidance at 12.300- EPS. On average, research analysts anticipate that Gartner will post 12.5 earnings per share for the current fiscal year.

Insider Activity at Gartner

In other news, EVP Claire Herkes sold 367 shares of Gartner stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $231.56, for a total transaction of $84,982.52. Following the sale, the executive vice president directly owned 4,074 shares in the company, valued at $943,375.44. The trade was a 8.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP John J. Rinello sold 220 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $229.57, for a total transaction of $50,505.40. Following the completion of the transaction, the senior vice president directly owned 3,046 shares in the company, valued at $699,270.22. This trade represents a 6.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its stake in shares of Gartner by 1.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,725 shares of the information technology services provider’s stock valued at $697,000 after purchasing an additional 31 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in Gartner by 2.6% in the 2nd quarter. Verdence Capital Advisors LLC now owns 1,333 shares of the information technology services provider’s stock valued at $539,000 after buying an additional 34 shares during the period. Apollon Wealth Management LLC lifted its position in Gartner by 4.2% in the second quarter. Apollon Wealth Management LLC now owns 965 shares of the information technology services provider’s stock valued at $390,000 after buying an additional 39 shares during the last quarter. Phoenix Financial Ltd. lifted its position in Gartner by 5.4% in the second quarter. Phoenix Financial Ltd. now owns 806 shares of the information technology services provider’s stock valued at $326,000 after buying an additional 41 shares during the last quarter. Finally, Penserra Capital Management LLC boosted its stake in Gartner by 12.3% during the second quarter. Penserra Capital Management LLC now owns 410 shares of the information technology services provider’s stock worth $165,000 after buying an additional 45 shares during the period. 91.51% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q4 beat on the headline numbers — Gartner reported $3.94 EPS (above $3.50 est.) with revenue roughly in line and modest y/y growth; management also expanded the share‑repurchase program, a direct capital‑return positive. Press Release / Slide Deck
• Positive Sentiment: Analyst/coverage pieces argue Gartner’s subscription-heavy model, high renewal rates and role in tech decision‑making create resilience vs. a full fundamental deterioration — a reason some investors view current weakness as a buying opportunity. How Gartner Stock Rises To $200
• Neutral Sentiment: Detailed earnings/transcript coverage is available for investors who want call color on contract trends, retention and consulting pipeline — useful for modeling recovery timing. Zacks: Earnings Outpace Estimates
• Neutral Sentiment: Other coverage aggregates results and metrics (revenue +2.2% y/y, ROE high, margins) — these items help quantify the beat but don’t overcome the guidance miss. MarketBeat: Earnings Summary
• Negative Sentiment: Guidance disappointed: FY2026 EPS guidance (around $12.30) and revenue guidance came in below consensus, signaling slower demand — management flagged customers “slowing and deferring” spending as they evaluate shifting AI priorities. Reuters: Downbeat Annual Results
• Negative Sentiment: Analyst cuts and downgrades accelerated the stock drop — Wells Fargo cut its PT to $150 and moved to underweight; Morgan Stanley trimmed its PT to $200 and maintained a hold. Those updates increase downward pressure on sentiment. Benzinga: Analyst Price Target Moves TipRanks: Hold Stance Coverage
• Negative Sentiment: Market reaction: coverage notes a rapid, large intraday selloff as investors exited amid weak forward commentary and headlines on deferred customer spending — momentum and higher volume are likely to keep near‑term volatility elevated. MarketWatch: Why IT Stocks Got Slammed

Gartner Company Profile

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.