Wells Fargo & Company Forecasts Strong Price Appreciation for Gartner (NYSE:IT) Stock

Gartner (NYSE:IT) had its price target hoisted by research analysts at Wells Fargo & Company from $120.00 to $150.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “underweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price target suggests a potential downside of 20.91% from the company’s current price.

IT has been the subject of a number of other reports. Weiss Ratings lowered Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. Morgan Stanley set a $177.00 target price on shares of Gartner in a research report on Wednesday. UBS Group lowered their price target on shares of Gartner from $170.00 to $164.00 and set a “neutral” rating for the company in a research report on Friday, June 12th. Royal Bank Of Canada reissued a “sector perform” rating and set a $164.00 price target on shares of Gartner in a research note on Wednesday. Finally, Truist Financial set a $205.00 price objective on shares of Gartner in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Gartner currently has a consensus rating of “Hold” and an average target price of $180.40.

Gartner Trading Up 2.1%

NYSE:IT traded up $3.86 during trading hours on Wednesday, hitting $189.65. 768,415 shares of the stock were exchanged, compared to its average volume of 1,576,151. The company has a market capitalization of $12.70 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98. The company’s 50 day moving average is $144.99 and its two-hundred day moving average is $158.40. Gartner has a twelve month low of $124.25 and a twelve month high of $265.85.

Gartner (NYSE:IT) last released its earnings results 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. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the firm earned $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, sell-side analysts anticipate that Gartner will post 13.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Gartner

Institutional investors and hedge funds have recently made changes to their positions in the company. Physician Wealth Advisors Inc. increased its position in shares of Gartner by 143.9% in the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 59 shares in the last quarter. DV Equities LLC bought a new position in Gartner during the fourth quarter worth about $25,000. Rakuten Securities Inc. increased its holdings in shares of Gartner by 1,980.0% in the fourth quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 99 shares in the last quarter. Entrust Financial LLC acquired a new stake in shares of Gartner during the fourth quarter worth about $26,000. Finally, Bell Investment Advisors Inc lifted its holdings in shares of Gartner by 75.5% during the 1st quarter. Bell Investment Advisors Inc now owns 172 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 74 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner reported adjusted EPS of $4.37, well above the roughly $3.76–$3.77 analyst consensus, while revenue of approximately $1.68 billion also exceeded expectations. Net income rose to $275.5 million from $240.8 million a year earlier. Gartner beats quarterly estimates on strong conference demand
• Positive Sentiment: Management raised its 2026 outlook, signaling adjusted EPS of at least $14 versus prior expectations near $13.69, and increased adjusted EBITDA and free-cash-flow guidance. Margin expansion and stronger cash generation helped offset softer reported revenue. Gartner Q2 Earnings Beat Estimates, 2026 EPS Outlook Raised
• Positive Sentiment: Shareholder returns provided another catalyst: Gartner repurchased 3.6 million shares for $547 million during the quarter, and the board added $500 million to its buyback authorization. Contract value increased 1.7% year over year, with management citing improving demand for AI-related research and advisory services. Gartner Stock Surges After Q2 Beat, Higher Outlook, and Fresh Buyback Boost
• Neutral Sentiment: Gartner announced its inaugural Enterprise Risk, Audit & Compliance Conference in London for September 28–29, highlighting ongoing conference activity and demand for its research platform, but the event is unlikely to materially affect near-term financial results. Gartner Announces Enterprise Risk, Audit & Compliance Conference
• Negative Sentiment: Reported revenue declined 0.6% year over year, and some commentary characterized the quarter as improved but not compelling enough because growth remains modest. A shareholder-rights law firm also announced an investigation into potential fiduciary-duty breaches; no wrongdoing has been established, but the announcement creates a potential overhang. Gartner Shareholder Investigation Alert

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.