Gartner (NYSE:IT) Updates FY 2026 Earnings Guidance

Gartner (NYSE:IT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 13.250- for the period, compared to the consensus EPS estimate of 13.190. The company issued revenue guidance of $6.4B-, compared to the consensus revenue estimate of $6.5 billion.

Analyst Upgrades and Downgrades

IT has been the topic of a number of recent analyst reports. BMO Capital Markets reissued a “market perform” rating on shares of Gartner in a report on Thursday, February 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Gartner in a research report on Tuesday, April 21st. Barclays lowered their price objective on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Truist Financial reduced their price target on shares of Gartner from $300.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Finally, The Goldman Sachs Group downgraded Gartner from a “buy” rating to a “neutral” rating and cut their price objective for the company from $220.00 to $171.00 in a report on Monday, April 27th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Gartner currently has an average rating of “Hold” and an average price target of $180.40.

Gartner Price Performance

IT opened at $147.78 on Tuesday. The company has a market capitalization of $10.41 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 0.89 and a beta of 0.91. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 9.30. The firm has a 50-day moving average price of $155.98 and a 200-day moving average price of $201.48. Gartner has a twelve month low of $139.18 and a twelve month high of $451.73.

Gartner (NYSE:IT) last issued its earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.40. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the firm posted $2.98 EPS. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 13.250- EPS. Equities analysts expect that Gartner will post 13.3 EPS for the current year.

Key Headlines Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q1 EPS beat and upgraded outlook — Gartner reported $3.32 EPS (above consensus) and said diluted EPS rose ~17% year‑over‑year; management raised its FY‑2026 outlook on stronger profitability, which supports the stock’s upside. Read More.
• Neutral Sentiment: Top‑line softness — revenue for the quarter was $1.49B, a slight miss versus Street expectations (~$1.51B). The shortfall reflects mixed trends across Conferences, Insights and Consulting; management materials and the slide deck provide detail on segment dynamics. Read More.
• Neutral Sentiment: Earnings preview and event exposure — analysts had flagged a modest top‑line dip entering the print and Gartner’s conferences/symposia remain a visible revenue source; continued recovery in those businesses will be watched closely. Read More.
• Negative Sentiment: Legal overhang — multiple securities‑class action filings and lead‑plaintiff solicitations allege misstatements related to consulting/contract assumptions; several law firms are soliciting claims and deadlines to seek lead plaintiff are imminent. This litigation risk could pressure the stock or increase volatility. Read More.

Hedge Funds Weigh In On Gartner

Large investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. raised its holdings in Gartner by 420,472.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 46,263 shares of the information technology services provider’s stock worth $11,672,000 after purchasing an additional 46,252 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Gartner by 1.9% in the 4th quarter. Invesco Ltd. now owns 1,388,317 shares of the information technology services provider’s stock worth $350,245,000 after buying an additional 25,526 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Gartner by 11.3% during the 4th quarter. Corient Private Wealth LLC now owns 23,680 shares of the information technology services provider’s stock valued at $5,974,000 after purchasing an additional 2,412 shares during the period. Alberta Investment Management Corp purchased a new stake in Gartner during the fourth quarter valued at approximately $1,362,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Gartner by 133.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,735 shares of the information technology services provider’s stock valued at $4,726,000 after purchasing an additional 10,719 shares during the period. 91.51% of the stock is owned by hedge funds and other 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.