Gartner (NYSE:IT) Shares Down 9.6% – Here’s Why

Gartner, Inc. (NYSE:IT)’s share price fell 9.6% on Thursday . The stock traded as low as $151.22 and last traded at $149.6820. Approximately 245,098 shares changed hands during trading, a decline of 84% from the average daily volume of 1,554,965 shares. The stock had previously closed at $165.65.

More Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Growing enterprise spending on artificial intelligence and cloud infrastructure could support demand for Gartner’s research and advisory services over time. Gartner’s research identifies AWS, Google, Oracle and Microsoft as leading providers in cloud AI infrastructure, underscoring the expanding market opportunity. AWS, Google, Oracle, Microsoft Top Gartner’s Cloud AI Infrastructure List For 2026
• Neutral Sentiment: Several technology vendors—including Incode, Veridas, Regula and EasyVista—highlighted recognition in Gartner Magic Quadrant reports. These announcements reinforce Gartner’s brand authority and the relevance of its analyst products, but they are primarily vendor marketing announcements and do not create an immediate earnings catalyst for IT. Incode Named a Leader in the 2026 Gartner Magic Quadrant ARIS Recognized as a Leader in Gartner Magic Quadrant
• Negative Sentiment: Gartner’s upcoming second-quarter results are expected to show revenue declining as its Insights and Consulting businesses weaken. Analysts expect EPS to increase through cost discipline and share repurchases, but the anticipated top-line contraction is likely weighing more heavily on sentiment. Gartner Gears Up to Report Q2 Earnings: Key Takeaways for Investors

Analyst Ratings Changes

A number of research analysts recently commented on IT shares. UBS Group reduced their target price on Gartner from $170.00 to $164.00 and set a “neutral” rating on the stock in a research note on Friday, June 12th. Wells Fargo & Company cut their price objective on Gartner from $140.00 to $120.00 and set an “underweight” rating for the company in a report on Wednesday, June 24th. Weiss Ratings raised Gartner from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 15th. Royal Bank Of Canada dropped their target price on Gartner from $175.00 to $160.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Finally, Morgan Stanley cut their target price on Gartner from $183.00 to $173.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $173.10.

Gartner Price Performance

The company has a debt-to-equity ratio of 46.98, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $10.13 billion, a P/E ratio of 14.95, a P/E/G ratio of 0.85 and a beta of 0.97. The firm’s 50 day simple moving average is $144.62 and its two-hundred day simple moving average is $159.95.

Gartner (NYSE:IT) last posted its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.33. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.51 billion. Gartner had a net margin of 11.44% and a return on equity of 161.39%. The company’s revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.98 earnings per share. Gartner has set its FY 2026 guidance at 13.250- EPS. As a group, analysts predict that Gartner, Inc. will post 13.61 earnings per share for the current year.

Hedge Funds Weigh In On Gartner

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. lifted its position in Gartner by 143.9% in the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 59 shares during the last quarter. DV Equities LLC purchased a new stake in shares of Gartner during the fourth quarter valued at approximately $25,000. Rakuten Securities Inc. grew its holdings in shares of Gartner by 1,980.0% in the fourth quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 99 shares during the last quarter. Entrust Financial LLC bought a new position in shares of Gartner in the fourth quarter worth approximately $26,000. Finally, Elyxium Wealth LLC purchased a new position in shares of Gartner in the fourth quarter worth $28,000. 91.51% of the stock is currently owned by 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.