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 earnings per share guidance of 14.000- for the period, compared to the consensus EPS estimate of 13.690. The company issued revenue guidance of $6.4B-, compared to the consensus revenue estimate of $6.4 billion.

Wall Street Analysts Forecast Growth

IT has been the topic of a number of research reports. Royal Bank Of Canada reduced their target price on shares of Gartner from $175.00 to $160.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. The Goldman Sachs Group set a $162.00 target price on shares of Gartner in a research report on Tuesday, May 5th. Weiss Ratings cut shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. UBS Group cut their price objective on shares of Gartner from $170.00 to $164.00 and set a “neutral” rating on the stock in a report on Friday, June 12th. Finally, Wells Fargo & Company lowered their target price on Gartner from $140.00 to $120.00 and set an “underweight” rating for the company in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Gartner has an average rating of “Hold” and a consensus target price of $173.10.

Gartner Trading Up 18.4%

Shares of IT traded up $27.89 during midday trading on Tuesday, hitting $179.42. 1,275,709 shares of the stock were exchanged, compared to its average volume of 1,565,137. The stock has a fifty day simple moving average of $144.44 and a 200 day simple moving average of $158.78. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.94 and a current ratio of 0.94. Gartner has a 52-week low of $124.25 and a 52-week high of $265.85. The firm has a market cap of $12.01 billion, a P/E ratio of 17.71, a P/E/G ratio of 0.83 and a beta of 0.97.

Gartner (NYSE:IT) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.61. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the company earned $3.53 EPS. The business’s quarterly revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, research analysts anticipate that Gartner will post 13.61 EPS for the current fiscal year.

Gartner News Summary

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Quarterly earnings exceeded expectations: Gartner reported adjusted EPS of $4.37, above the $3.76–$3.77 analyst consensus and up from $3.53 a year earlier. Revenue of approximately $1.68 billion also surpassed estimates of about $1.65 billion. Gartner Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Guidance was raised relative to Wall Street expectations: Gartner issued fiscal 2026 EPS guidance of at least $14.00, above the consensus estimate of $13.69, reinforcing expectations for continued earnings growth.
• Positive Sentiment: Share repurchases supported the stock: Gartner bought back 3.6 million shares for $547 million during the quarter, while its board increased the repurchase authorization by another $500 million. The buyback reduces shares outstanding and may support per-share earnings.
• Positive Sentiment: Profitability and contract demand improved: Net income rose to $275.5 million from $240.8 million a year earlier, while contract value increased 1.7% year over year to $5.3 billion on an FX-neutral basis. Operating cash flow was $398 million and free cash flow was $378 million. Gartner Q2 Revenue Falls as Net Income Rises
• Neutral Sentiment: Gartner’s market research remained visible: Recent articles referenced Gartner’s 2026 Magic Quadrant reports covering SASE and IT service-management platforms. These publications may support the company’s industry profile but were not presented as a material new financial catalyst.
• Negative Sentiment: Revenue declined slightly: Second-quarter revenue fell 0.6% year over year to $1.676 billion, indicating that growth remains modest despite the earnings and profitability improvements.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IT. T. Rowe Price Investment Management Inc. boosted its stake in Gartner by 420,472.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 46,263 shares of the information technology services provider’s stock valued at $11,672,000 after acquiring an additional 46,252 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Gartner by 1.9% during the fourth quarter. Invesco Ltd. now owns 1,388,317 shares of the information technology services provider’s stock valued at $350,245,000 after acquiring an additional 25,526 shares during the period. Corient Private Wealth LLC increased its stake in shares of Gartner by 11.3% in the fourth 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 acquired a new position in Gartner during the 4th quarter valued at about $1,362,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Gartner by 133.7% in 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 acquiring an additional 10,719 shares in the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

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.