UBS Group Cuts Gartner (NYSE:IT) Price Target to $166.00

Gartner (NYSE:IT) had its target price decreased by UBS Group from $180.00 to $166.00 in a research note issued to investors on Thursday,Benzinga reports. UBS Group currently has a neutral rating on the information technology services provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Barclays decreased their price objective on Gartner from $260.00 to $180.00 and set an “equal weight” rating on the stock in a report on Thursday, February 5th. Truist Financial dropped their target price on Gartner from $300.00 to $170.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Morgan Stanley decreased their price target on Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. BMO Capital Markets restated a “market perform” rating on shares of Gartner in a report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gartner in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $188.30.

Gartner Trading Down 0.7%

Shares of Gartner stock opened at $155.55 on Thursday. Gartner has a 1 year low of $139.18 and a 1 year high of $451.73. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day moving average price of $173.08 and a 200 day moving average price of $218.51. The company has a market capitalization of $10.96 billion, a P/E ratio of 16.12, a P/E/G ratio of 1.56 and a beta of 1.08.

Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.50 by $0.44. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the business posted $5.45 earnings per share. Gartner’s revenue was up 2.2% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 12.300- EPS. Sell-side analysts anticipate that Gartner will post 12.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Gartner

A number of hedge funds have recently made changes to their positions in IT. Physician Wealth Advisors Inc. boosted its position in shares of Gartner by 143.9% in the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock worth $25,000 after buying an additional 59 shares during the period. DV Equities LLC purchased a new stake in shares of Gartner during the 4th quarter valued at about $25,000. Rakuten Securities Inc. lifted its position in Gartner by 1,980.0% during the 4th 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 position in Gartner during the 4th quarter worth approximately $26,000. Finally, Elyxium Wealth LLC purchased a new position in Gartner in the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Gartner News Summary

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner research: analysts and industry press highlight that large language models (LLMs) could become up to 100x more cost-efficient by 2030 — a structural tailwind for Gartner’s advisory and AI-related services over the medium/long term. Gartner: LLMs to be up to 100X more cost-efficient by 2030
• Neutral Sentiment: UBS trimmed its price target (from $180 to $166) and kept a neutral rating — a modest recalibration of expectations but not a hard downgrade to underweight. UBS lowers Gartner price target to $166 – Benzinga
• Negative Sentiment: Wells Fargo cut its price target to $140 and moved to an “underweight” stance, citing the Iran conflict and its potential to rattle enterprise spending — a clear near-term negative for demand expectations. Gartner Price Target Lowered to $140 by Wells Fargo
• Negative Sentiment: Multiple law firms and plaintiff notices: several firms (PR Newswire / GlobeNewswire / Newsfile releases) are soliciting Gartner shareholders and filing or publicizing a securities class action alleging misrepresentations about consulting outlooks and contract values — increasing legal uncertainty and potential future litigation costs. Gartner shareholders have opportunity to lead securities fraud lawsuit – PR Newswire
• Negative Sentiment: Additional class-action notices from multiple firms (Bronstein, Grossman, Faruqi, Rosen, Pomerantz, Bernstein Liebhard, etc.) emphasize the May 18, 2026 lead-plaintiff deadline and allege investor harm during the Feb 4, 2025–Feb 2, 2026 period — this volume of filings raises near-term headline risk and could pressure sentiment absent clarifying company commentary. Bronstein urges Gartner investors to act – GlobeNewswire

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.