Gartner (NYSE:IT) Releases FY 2026 Earnings Guidance

Gartner (NYSE:IT) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 14.000- for the period, compared to the consensus estimate of 13.690. The company issued revenue guidance of $6.4B-, compared to the consensus revenue estimate of $6.4 billion.

Gartner Stock Down 2.4%

Gartner stock traded down $4.41 during mid-day trading on Thursday, reaching $182.00. The stock had a trading volume of 351,567 shares, compared to its average volume of 1,578,874. The company has a market capitalization of $12.19 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.00 and a beta of 0.94. The company has a 50-day moving average price of $145.52 and a two-hundred day moving average price of $158.09. Gartner has a one year low of $124.25 and a one year high of $265.85. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.94 and a quick ratio of 0.94.

Gartner (NYSE:IT) last announced 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. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. Gartner had a net margin of 11.99% and a return on equity of 323.93%. Gartner’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, analysts expect that Gartner will post 14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a report on Wednesday. Truist Financial set a $205.00 price objective on Gartner in a research report on Wednesday. The Goldman Sachs Group increased their target price on Gartner from $162.00 to $181.00 and gave the company a “neutral” rating in a research note on Wednesday. Royal Bank Of Canada boosted their price target on Gartner from $160.00 to $164.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Weiss Ratings cut Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Gartner presently has a consensus rating of “Hold” and a consensus price target of $185.50.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q2 earnings and outlook exceeded expectations. Gartner reported adjusted EPS of $4.37 versus the $3.76 consensus, while revenue of $1.68 billion topped estimates of $1.65 billion. Management maintained a 2026 adjusted EPS outlook of at least $14 and raised profit and free-cash-flow expectations. Gartner beats quarterly estimates on strong conference demand
• Positive Sentiment: Margins, contract value and buybacks provided additional support. Adjusted EBITDA increased 6.4%, free cash flow rose 8.9%, and total contract value reached $5.3 billion, with management citing improving growth. Gartner repurchased 3.6 million shares for $547 million and authorized an additional $500 million for buybacks. Gartner Stock Surges After Q2 Beat, Higher Outlook, and Fresh Buyback Boost
• Positive Sentiment: AI and technology research continue to enhance Gartner’s positioning. Recent research highlights enterprise adoption of AI engineering and the growing role of AI agents in cloud-native platforms, while Gartner expects quantum computing to remain largely outside enterprise AI through 2028. These themes could support long-term demand for Gartner’s research and advisory services. Gartner Marks Enterprise Move from AI Experiments to AI Engineering
• Neutral Sentiment: Analyst revisions were constructive but not bullish. UBS raised its target to $196 while retaining a neutral rating. Goldman Sachs lifted its target to $181, also neutral, and Wells Fargo raised its target to $150 but maintained an underweight rating. The mixed ratings may limit upside after the earnings-driven rally. Gartner Price Target Raised to $196 at UBS
• Negative Sentiment: Revenue remained a concern. Quarterly revenue declined 0.6% year over year, despite the earnings beat, leaving investors focused on whether contract-value growth can translate into renewed revenue acceleration.
• Negative Sentiment: A shareholder investigation adds an overhang. Bernstein Liebhard announced an inquiry into potential fiduciary-duty breaches by Gartner directors and officers. The announcement does not establish wrongdoing but may weigh on sentiment. Gartner Shareholder Investigation Alert

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC bought a new stake in Gartner during the fourth quarter valued at about $309,000. Sivia Capital Partners LLC purchased a new position in Gartner in the 2nd quarter worth approximately $336,000. Aptus Capital Advisors LLC grew its holdings in Gartner by 16.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 1,066 shares of the information technology services provider’s stock valued at $269,000 after buying an additional 147 shares in the last quarter. PCM Encore LLC bought a new stake in Gartner in the 4th quarter valued at $211,000. Finally, StoneX Group Inc. purchased a new stake in Gartner in the 4th quarter worth $212,000. 91.51% of the stock is currently owned by institutional investors.

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.