Wells Fargo & Company Cuts Gartner (NYSE:IT) Price Target to $150.00

Gartner (NYSE:IT) had its price objective dropped by equities researchers at Wells Fargo & Company from $218.00 to $150.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “underweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price target points to a potential downside of 5.78% from the stock’s current price.

A number of other analysts have also issued reports on the stock. BMO Capital Markets lowered their target price on shares of Gartner from $272.00 to $254.00 and set a “market perform” rating for the company in a research note on Wednesday, November 5th. Robert W. Baird set a $240.00 target price on shares of Gartner in a research report on Wednesday. William Blair reiterated an “outperform” rating on shares of Gartner in a report on Tuesday, October 21st. Morgan Stanley dropped their price objective on Gartner from $281.00 to $275.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Finally, The Goldman Sachs Group decreased their target price on Gartner from $457.00 to $390.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Four 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 data from MarketBeat.com, Gartner currently has a consensus rating of “Hold” and an average target price of $251.80.

Gartner Trading Down 0.6%

Shares of Gartner stock traded down $0.96 during trading on Wednesday, hitting $159.20. The stock had a trading volume of 842,890 shares, compared to its average volume of 1,318,196. The stock has a market cap of $11.48 billion, a PE ratio of 13.96 and a beta of 1.06. Gartner has a 12 month low of $139.18 and a 12 month high of $546.21. The firm’s fifty day simple moving average is $235.70 and its 200-day simple moving average is $248.97. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.88 and a quick ratio of 0.88.

Gartner (NYSE:IT) last announced its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.50 by $0.44. Gartner had a net margin of 13.71% and a return on equity of 92.12%. The business 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 firm earned $5.45 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, sell-side analysts expect that Gartner will post 12.5 EPS for the current fiscal year.

Insider Buying and Selling at Gartner

In related news, SVP John J. Rinello sold 220 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $229.57, for a total transaction of $50,505.40. Following the transaction, the senior vice president directly owned 3,046 shares in the company, valued at $699,270.22. The trade was a 6.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen G. Pagliuca purchased 43,300 shares of the stock in a transaction 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 acquisition, the director owned 111,613 shares of the company’s stock, valued at approximately $25,622,996.41. This represents a 63.38% increase in their position. The SEC filing for this purchase provides additional information. 3.60% of the stock is owned by insiders.

Institutional Trading of Gartner

A number of institutional investors have recently bought and sold shares of the stock. Independent Franchise Partners LLP purchased a new stake in shares of Gartner during the third quarter valued at $840,166,000. Capital International Investors acquired a new position in shares of Gartner in the third quarter valued at about $820,113,000. Norges Bank purchased a new position in shares of Gartner in the second quarter worth about $394,133,000. Bamco Inc. NY raised its stake in shares of Gartner by 18.3% in the third quarter. Bamco Inc. NY now owns 4,322,113 shares of the information technology services provider’s stock worth $1,136,154,000 after purchasing an additional 669,352 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Gartner by 88.7% in the 3rd quarter. AQR Capital Management LLC now owns 1,245,952 shares of the information technology services provider’s stock valued at $326,278,000 after acquiring an additional 585,766 shares during the last quarter. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Q4 beat and revenue resilience: Gartner reported $3.94 EPS (above the $3.50 consensus) and revenue roughly in line at ~$1.75B; Insights and Conferences showed solid growth, which offsets some weakness elsewhere. Gartner Earnings Outpace Estimates in Q4
• Positive Sentiment: Share-repurchase boost: Management expanded its buyback program, a near-term capital-return action that can support the stock if buybacks are executed aggressively. Gartner Reports Mixed 2025 Results, Expands Share Repurchases
• Neutral Sentiment: Quarterly details and call transcript are available for investors to assess guidance drivers and segment trends. Review the transcript/slides for color on client behavior and backlog. Gartner Q4 2025 Press Release / Slide Deck
• Negative Sentiment: Downbeat FY26 guidance: Gartner cut full-year EPS and revenue guidance below analyst expectations, signaling weaker demand ahead — the main catalyst for selling pressure. Gartner forecasts downbeat annual results
• Negative Sentiment: Customer caution and AI uncertainty: Management said customers are “slowing and deferring everything possible” while they reassess AI investments, creating near-term revenue headwinds for consulting/advisory services. Why Gartner and other IT stocks got slammed
• Negative Sentiment: Analyst reaction: Morgan Stanley kept a Hold but lowered the price target to $200, reflecting increased skepticism on contract growth and AI-related headwinds; several commentaries emphasize negative sentiment outweighing the beat. Gartner: Hold Stance Amid Slowing Contract Growth

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.