With a market capitalization of\u00a0$11 billion, Gartner, Inc. (IT)\u00a0is a global research and advisory firm that provides data-driven insights and strategic guidance to executives, particularly in areas like IT, cybersecurity, and digital transformation. The\u00a0Connecticut-headquartered company\u2019s core business revolves around subscription-based research services, which offer clients access to proprietary analysis, benchmarks, and tools that support critical decision-making.<\/p>\n
The tech titan is anticipated to release its\u00a0Q1 fiscal 2026\u00a0earnings report soon.\u00a0Ahead of the event, analysts expect Gartner to report a profit of\u00a0$2.99 per share\u00a0on a diluted basis, a marginal rise from $2.98 per share in the year-ago quarter. The company has surpassed Wall Street\u2019s EPS estimates in each of its last four quarterly reports.<\/p>\n
For the current year, analysts expect IT to report an EPS of $13.30, up 1%\u00a0from $13.17 in fiscal 2025. Additionally, its EPS is expected to rise by 15.6% year over year to $15.37 in fiscal 2027.<\/p>\n Shares of Gartner have declined\u00a061.5% over the past 52 weeks, considerably underperforming the S&P 500 Index\u2019s ($SPX)\u00a034.9% rise\u00a0and the State Street Technology Select Sector SPDR ETF\u2019s (XLK)\u00a060.1% return\u00a0during the same time frame.<\/p>\n Gartner has underperformed the broader market over the past year due to slowing growth and softer forward guidance, particularly driven by weaker contract value expansion and reduced client spending. Macro pressures have also led enterprises to cut discretionary budgets for research, consulting, and conferences, while reallocating funds toward AI initiatives. At the same time, rising concerns about potential disruption from AI tools have weighed on investor sentiment, contributing to the stock\u2019s relative weakness.<\/p>\n Analysts\u2019 consensus opinion on the stock is neutral, with a \u201cHold\u201d rating overall. Among the 15 analysts covering the stock, four are recommending a \u201cStrong Buy,\u201d nine are recommending a \u201cHold,\u201d one gives a \u201cModerate Sell,\u201d and the remaining one suggests a \u201cStrong Sell\u201d for the stock. IT\u2019s average analyst price target is $185.33, indicating an upside of 19.9% from the current levels.<\/p>\n On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally\u00a0published on Barchart.com <\/i><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>
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