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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.