Gartner Inc

Gartner Inc Stock Forecast & Price Prediction

Live Gartner Inc Stock (IT) Price
$513.48

12

Ratings

  • Buy 8
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$513.48

P/E Ratio

48.06

Volume Traded Today

$697,640

Dividend

$1.1945

52 Week High/low

535.29/396.60

Gartner Inc Market Cap

$38.92B

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IT Summary

The Gartner Inc (IT) share price is expected to increase by 1.96% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered IT. Price targets range from $460 at the low end to $580 at the high end. The current analyst consensus for IT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

IT Analyst Ratings

IT is a stock in Technology which has been forecasted to be worth $523.52 as an average. On the higher end, the forecast price is $580 USD by Joshua Chan from UBS and on the lower end IT is forecasted to be $460 by Jason Haas from Wells Fargo.

IT stock forecast by analyst

These are the latest 20 analyst ratings of IT.

Analyst/Firm

Rating

Price Target

Change

Date

Jason Haas
Wells Fargo

Underweight

$460

Maintains

Oct 14, 2024
Toni Kaplan
Morgan Stanley

Equal-Weight

$528

Maintains

Oct 10, 2024
Jason Haas
Wells Fargo

Underweight

$435

Initiates

Aug 12, 2024
Gary Bisbee
B of A Securities

Buy

$580

Maintains

Jul 31, 2024
Joshua Chan
UBS

Buy

$580

Maintains

Jul 31, 2024
Jeffrey Silber
BMO Capital

Market Perform

$510

Maintains

Jul 31, 2024
Jeffrey Meuler
Baird

Outperform

$565

Maintains

Jul 31, 2024
Toni Kaplan
Morgan Stanley

Equal-Weight

$470

Maintains

Jul 11, 2024
Jeffrey Silber
BMO Capital

Market Perform

$432

Maintains

May 2, 2024
Jeffrey Meuler
Baird

Outperform

$517

Maintains

May 1, 2024
Joshua Chan
UBS

Buy

$510

Maintains

May 1, 2024
Joshua Chan
UBS

Buy

$550

Upgrade

Apr 11, 2024
Jeffrey Silber
BMO Capital

Market Perform

$450

Maintains

Feb 8, 2024
Toni Kaplan
Morgan Stanley

Equal-Weight

$372

Maintains

Aug 2, 2023

Morgan Stanley

Equal-Weight


Reiterates

Jul 18, 2023
Joshua Chan
UBS

Neutral

$368

Initiates

Jun 1, 2023
James Fotheringham
BMO Capital

Market Perform

$337

Maintains

Apr 21, 2023
Seth Weber
Wells Fargo

Overweight

$380

Maintains

Apr 19, 2023
Jeffrey Silber
BMO Capital

Market Perform

$357

Maintains

Feb 9, 2023
Toni Kaplan
Morgan Stanley

Equal-Weight

$366

Maintains

Feb 8, 2023

IT Company Information

What They Do: Provides research and advisory services globally.

Business Model: The company generates revenue primarily through subscriptions for its research services, which include access to published content, data, and expert consultation. Additionally, it earns income from hosting conferences that facilitate networking and learning, as well as from consulting services that provide tailored market insights and strategic solutions for IT-related challenges.

Other Information: Founded in 1979 and headquartered in Stamford, Connecticut, Gartner operates across multiple regions, including North America, Europe, and the Middle East, and serves a diverse clientele by leveraging its extensive research capabilities.
IT
Gartner Inc (IT)

When did it IPO

1993

Staff Count

20,495

Country

United States

Sector/Industry

Technology/Information Technology Services

CEO

Mr. Eugene A. Hall

Market Cap

$38.92B

Gartner Inc (IT) Financial Data

In 2023, IT generated $5.91B in revenue, which was a increase of 7.87% from the previous year. This can be seen as a signal that IT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$4.10B

Revenue From 2021

$4.73B

15.48 %
From Previous Year

Revenue From 2022

$5.48B

15.67 %
From Previous Year

Revenue From 2023

$5.91B

7.87 %
From Previous Year
  • Revenue TTM $6.06B
  • Operating Margin TTM 20.0%
  • Gross profit TTM $4.00B
  • Return on assets TTM 9.7%
  • Return on equity TTM 134.4%
  • Profit Margin 13.7%
  • Book Value Per Share 8.34%
  • Market capitalisation $38.92B
  • Revenue for 2021 $4.73B
  • Revenue for 2022 $5.48B
  • Revenue for 2023 $5.91B
  • EPS this year (TTM) $10.51

Gartner Inc (IT) Latest News

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - IT's Q3 2024 revenue is expected to show growth due to enhanced performance across all segments.

Why It Matters - Improved performance across all segments suggests strong revenue growth for IT, indicating potential for higher profitability and positive market sentiment, which can drive stock prices up.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Gartner, Inc. (NYSE: IT) CFO Craig Safian will present at the J.P. Morgan Ultimate Services Investor Conference on November 14, 2024, at 3:50 PM ET. Webcast available on their investor site.

Why It Matters - Gartner's CFO presenting at a major investor conference signals potential insights into company performance and strategic direction, which can influence stock valuation and investor sentiment.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Gartner is expected to report strong earnings due to favorable conditions, indicating a likely earnings beat in its upcoming report.

Why It Matters - Gartner's potential earnings beat signals strong performance, which could boost stock prices and investor confidence, impacting market sentiment and investment strategies.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The Zacks Consulting Services industry is expected to thrive, with healthy service activities. IT, STN, and EXPO are identified as strong stocks to benefit from this demand.

Why It Matters - The positive outlook for the Zacks Consulting Services industry signals potential growth opportunities, making IT, STN, and EXPO attractive investment options amid rising demand.

News Image

Tue, 22 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Gartner, Inc. (NYSE: IT) will report Q3 2024 financial results on November 5, 2024, with a webcast at 8:00 a.m. ET. Details will be available on their investor website.

Why It Matters - Gartner's upcoming Q3 2024 financial results could impact stock performance and investor sentiment, influencing market expectations and potential investment decisions.

News Image

Mon, 21 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Gartner has a strong earnings surprise track record and favorable factors suggesting a potential positive outcome in its upcoming quarterly report.

Why It Matters - Gartner's strong earnings surprise history and favorable conditions suggest potential outperformance in its upcoming report, indicating growth prospects that may attract investor interest.

...

IT Frequently asked questions

The highest forecasted price for IT is $580 from Joshua Chan at UBS.

The lowest forecasted price for IT is $460 from Jason Haas from Wells Fargo

The IT analyst ratings consensus are 8 buy ratings, 4 hold ratings, and 0 sell ratings.