Analysts Set Gartner, Inc. (NYSE:IT) Target Price at $190.70

Gartner, Inc. (NYSE:IT) has received a consensus rating of “Hold” from the eleven brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $190.70.

IT has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Gartner from $275.00 to $200.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft set a $204.00 price target on shares of Gartner in a research note on Wednesday, February 4th. The Goldman Sachs Group reissued a “buy” rating and set a $220.00 price objective on shares of Gartner in a research note on Thursday, February 5th. Barclays cut their price objective on shares of Gartner from $260.00 to $180.00 and set an “equal weight” rating on the stock in a report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gartner in a research note on Thursday, January 22nd.

Gartner Stock Up 0.8%

Shares of NYSE:IT opened at $162.73 on Tuesday. Gartner has a 52-week low of $139.18 and a 52-week high of $451.73. The firm has a market capitalization of $11.46 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.62 and a beta of 1.08. The stock has a 50 day moving average price of $179.53 and a 200-day moving average price of $220.92. The company has a debt-to-equity ratio of 9.30, a quick ratio of 1.00 and a current ratio of 1.00.

Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.50 by $0.44. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Gartner had a return on equity of 102.20% and a net margin of 11.22%.The firm’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $5.45 earnings per share. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, equities research analysts anticipate that Gartner will post 12.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. raised its stake in Gartner by 2.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 11,452 shares of the information technology services provider’s stock valued at $2,889,000 after buying an additional 264 shares during the last quarter. Pure Financial Advisors LLC grew its stake in shares of Gartner by 9.7% in the fourth quarter. Pure Financial Advisors LLC now owns 2,617 shares of the information technology services provider’s stock worth $660,000 after acquiring an additional 231 shares during the last quarter. Wick Capital Partners LLC bought a new position in shares of Gartner during the fourth quarter valued at $293,000. Kera Capital Partners Inc. bought a new position in shares of Gartner during the fourth quarter valued at $436,000. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of 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 during the last quarter. Institutional investors own 91.51% of the company’s stock.

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.