Gartner (NYSE:IT – Free Report) had its target price hoisted by Morgan Stanley from $177.00 to $182.00 in a report published on Thursday, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the information technology services provider’s stock.
IT has been the topic of several other research reports. Zacks Research cut Gartner from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Wells Fargo & Company lifted their target price on Gartner from $120.00 to $150.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. BMO Capital Markets lowered their price target on Gartner from $214.00 to $206.00 and set a “market perform” rating for the company in a report on Tuesday, August 18th. Royal Bank Of Canada upped their price target on Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Gartner from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Gartner presently has a consensus rating of “Hold” and an average target price of $189.00.
Gartner Price Performance
Gartner (NYSE:IT – Get Free Report) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.61. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the business posted $3.53 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. As a group, research analysts anticipate that Gartner will post 14.39 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Anne Fuchs sold 860 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $184.30, for a total transaction of $158,498.00. Following the completion of the transaction, the director directly owned 8,097 shares in the company, valued at $1,492,277.10. This represents a 9.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robin Kranich sold 3,278 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $196.50, for a total value of $644,127.00. Following the completion of the sale, the executive vice president directly owned 20,358 shares in the company, valued at $4,000,347. This represents a 13.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,043 shares of company stock worth $1,172,858. Company insiders own 2.60% of the company’s stock.
Institutional Trading of Gartner
Several hedge funds have recently bought and sold shares of IT. Riversedge Advisors LLC acquired a new stake in Gartner in the 3rd quarter valued at about $271,000. Wedmont Private Capital bought a new position in shares of Gartner during the 3rd quarter valued at about $252,000. GAMMA Investing LLC grew its stake in shares of Gartner by 55.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,812 shares of the information technology services provider’s stock worth $525,000 after purchasing an additional 1,005 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Gartner by 18.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,097 shares of the information technology services provider’s stock worth $391,000 after purchasing an additional 331 shares during the last quarter. Finally, Artemis Investment Management LLP bought a new stake in shares of Gartner in the 3rd quarter worth approximately $26,267,000. 91.51% of the stock is currently owned by institutional investors.
Key Headlines Impacting Gartner
Here are the key news stories impacting Gartner this week:
- Positive Sentiment: Gartner’s brand received broad exposure as TestMu AI, Tricentis, Deque Systems, Tecnotree, Picus Security, Smartsheet and Hexaware announced favorable placements in various 2026 Gartner Magic Quadrant or Peer Insights reports. These announcements reinforce demand for Gartner’s research, benchmarking and vendor-evaluation products. TestMu AI Gartner Magic Quadrant article
- Positive Sentiment: A broader rotation into traditional consulting and IT-services stocks, after investors questioned whether artificial intelligence could disrupt them, may offer some support for Gartner’s valuation. However, the cited revenue figure was unconfirmed and the move was not specific to Gartner. Consulting and IT-services stocks article
- Neutral Sentiment: The multiple Magic Quadrant announcements are issued by Gartner customers and vendors, rather than Gartner itself. They provide indirect evidence of the company’s influence but do not directly add revenue or change its financial guidance.
- Negative Sentiment: Morgan Stanley raised its price target for Gartner from $177 to $182 but maintained an “equal weight” rating. The target remains below the stock’s recent trading level, signaling limited near-term upside and likely contributing to selling pressure. Morgan Stanley analyst action
Gartner Company Profile
Gartner, Inc is a global research and advisory firm that provides business leaders with insights, analysis and guidance on technology, digital transformation and related business strategies. The company serves organizations across industries, including corporations, government agencies and technology providers.
Gartner’s offerings include subscription-based research, consulting services, benchmarking and measurement tools, executive programs, and conferences and other events. Its research covers areas such as information technology, cybersecurity, cloud computing, artificial intelligence, data and analytics, human resources, finance, supply chains and customer experience.
Founded in 1979 by Gideon Gartner, the company has expanded its operations internationally and serves clients across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
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