Gartner (NYSE:IT) Given New $200.00 Price Target at Morgan Stanley

Gartner (NYSE:IT) had its price target decreased by Morgan Stanley from $275.00 to $200.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the information technology services provider’s stock. Morgan Stanley’s price target would suggest a potential upside of 28.45% from the stock’s previous close.

Several other brokerages also recently weighed in on IT. Deutsche Bank Aktiengesellschaft set a $204.00 target price on shares of Gartner in a research note on Wednesday. Weiss Ratings restated a “sell (d+)” rating on shares of Gartner in a research note on Thursday, January 22nd. William Blair reiterated an “outperform” rating on shares of Gartner in a research note on Tuesday, October 21st. The Goldman Sachs Group reduced their price target on Gartner from $457.00 to $390.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Finally, BMO Capital Markets cut their target price on Gartner from $272.00 to $254.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $235.30.

Gartner Stock Down 2.8%

Shares of NYSE IT traded down $4.46 on Wednesday, hitting $155.70. The company had a trading volume of 1,637,645 shares, compared to its average volume of 1,355,636. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 4.42. Gartner has a 12-month low of $139.18 and a 12-month high of $546.21. The firm has a market capitalization of $11.22 billion, a P/E ratio of 13.66 and a beta of 1.06. The business has a 50 day moving average of $235.70 and a two-hundred day moving average of $248.97.

Gartner (NYSE:IT) last announced its earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.50 by $0.44. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. Gartner had a return on equity of 92.12% and a net margin of 13.71%.The company’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the business posted $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, equities research analysts forecast that Gartner will post 12.5 earnings per share for the current fiscal year.

Insider Buying and Selling at Gartner

In other Gartner news, EVP Claire Herkes sold 367 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $231.56, for a total value of $84,982.52. Following the transaction, the executive vice president owned 4,074 shares in the company, valued at $943,375.44. The trade was a 8.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Stephen G. Pagliuca acquired 43,300 shares of Gartner stock in a transaction that occurred on Wednesday, December 10th. The stock was acquired at an average cost of $229.57 per share, with a total value of $9,940,381.00. Following the purchase, the director owned 111,613 shares in the company, valued at $25,622,996.41. The trade was a 63.38% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.60% of the company’s stock.

Institutional Trading of Gartner

A number of hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in Gartner by 1.8% during the second quarter. Sequoia Financial Advisors LLC now owns 1,725 shares of the information technology services provider’s stock worth $697,000 after buying an additional 31 shares during the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of Gartner by 2.6% during 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 purchasing an additional 34 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in Gartner by 4.2% in the 2nd 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 holdings in Gartner by 5.4% during the 2nd quarter. Phoenix Financial Ltd. now owns 806 shares of the information technology services provider’s stock worth $326,000 after buying an additional 41 shares during the period. Finally, Penserra Capital Management LLC boosted its stake in shares of Gartner by 12.3% in the 2nd quarter. Penserra Capital Management LLC now owns 410 shares of the information technology services provider’s stock valued at $165,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 91.51% of the company’s stock.

Key Stories Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Subscription-heavy model and strong renewal rates provide resilience versus cyclical consulting exposure; some analysts/columnists argue the selloff may overstate long-term risk. How Gartner Stock Rises To $200
• Positive Sentiment: Q4 beat on EPS and revenue versus estimates and the company expanded its share-repurchase program — near-term supports for the stock if buybacks continue. Gartner Q4 earnings / press release
• Neutral Sentiment: Conference call/transcript and slide deck released — investors should review management’s phrasing on contract cadence and renewals for clues on revenue durability. Q4 slide deck / press release
• Neutral Sentiment: Industry recognitions and Gartner research mentions continue (Magic Quadrant / Peer Insights references), which support its market position but have limited near-term impact on trading. Gartner Peer Insights item
• Negative Sentiment: FY2026 guidance was below Street expectations (EPS guidance cut to ~12.3 vs. consensus ~13.5 and revenue guidance below estimates), which is the primary driver of the selloff. Gartner forecasts downbeat annual results
• Negative Sentiment: Management flagged slowing demand and deferrals in consulting as customers “slow and defer everything possible” amid AI uncertainty — market worries this pressured near-term revenue and margins. Why Gartner and other IT stocks got slammed
• Negative Sentiment: Analyst reactions pushed bearish: Wells Fargo cut its price target to $150 and placed an underweight; other firms trimmed targets/maintained holds — amplifying selling pressure. Wells Fargo cuts PT (Benzinga)
• Negative Sentiment: Market commentary emphasizes that despite an earnings beat, slowed contract growth, weaker guidance and AI-related uncertainty create negative sentiment likely to keep downward pressure near term. Seeking Alpha: negative sentiment pressure

About Gartner

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.