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Gartner, Inc.

IT · NYSE

Market closed$140.19$-2.70 (-1.89%)After hours $140.66 · +0.34%

Key statistics

Previous close$142.89
Open$144.51
Day high$145.17
Day low$138.25
52-week high$361.20
52-week low$124.25
Market cap9.39B
Volume1.23M
Average volume1.59M
P/E ratio10.35
Forward P/E7.59
EPS13.55
Dividend yield0.00%

Market context

Why it moved

Gartner (IT) declined amid a broad market selloff driven by growing investor skepticism over AI spending sustainability, as chip stocks entered bear market territory and concerns mounted that massive AI infrastructure investments may not justify lofty tech valuations.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Gartner shares declined nearly 2% amid a confluence of headwinds, including a BMO Capital price target cut to $154 from $177 (maintaining Market Perform) and a shareholder investigation announced by Bernstein Liebhard LLP. The selloff also reflects lingering sector contagion from IBM's earnings warning last week, which rattled IT consulting peers on concerns that enterprise clients are redirecting budgets toward AI hardware and away from large-scale software and consulting projects. In after-hours trading, shares are edging slightly higher.

-1.8896

July 17, 2026Gartner surged nearly 7% as investors bought the dip following a sharp 5.9% sell-off on July 14th, when IBM's shock revenue warning — citing enterprise clients reprioritizing budgets toward AI hardware over software and consulting — dragged down IT services peers. The rebound reflects growing conviction that the IBM warning may be company-specific rather than an industrywide problem, supported by Gartner's own strong Q1 results, raised 2026 guidance, and a $600M buyback authorization. A legal investigation announced by Bernstein Liebhard LLP added a note of caution, though shares broadly recovered ahead of Gartner's August 4 earnings.

6.8257

July 15, 2026Gartner closed modestly higher after enduring significant volatility, with shares trading near 52-week lows as the IBM revenue warning continues to cast a shadow over the IT consulting and research sector. IBM's historic 25% single-day plunge on July 14 — triggered by CEO Arvind Krishna's warning that enterprise clients were redirecting capital from software and consulting toward data center hardware — sent Gartner shares down 3.5% in sympathy the same day, raising fears of a broader 'SaaSpocalypse' for established technology services firms. Investors are now watching Gartner's August 4 earnings closely, weighing its Q1 2026 beat (adjusted EPS of $3.32 vs. $2.92 consensus), higher full-year guidance, and $600M buyback authorization against a structurally challenged backdrop of slowing contract value growth and a Wells Fargo analyst price target of just $120.

0.5941

July 15, 2026Gartner shares tumbled nearly 6%, approaching their 52-week low, after IBM issued a shocking Q2 revenue warning that sent shockwaves through the enterprise software and consulting sector. IBM's CEO disclosed that customers redirected spending toward AI infrastructure, cannibalizing traditional IT services and consulting budgets — a dynamic that directly threatens Gartner's research and advisory business model. The selloff was compounded by a Wells Fargo analyst price target of just $120, well below the current price, adding to a backdrop of compressed analyst targets and a stock down roughly 68% over the past year.

-5.9019

July 14, 2026Gartner surged roughly 6%, dramatically outperforming both the broader market and the industrials sector (XLI closed modestly lower) on a tough day marked by renewed U.S.-Iran hostilities and oil-price spikes. Investor optimism centered on RBC Capital Markets' note projecting modest Q2 contract value growth of ~1.7%, with revenue and EPS expected to come in above consensus on fading DOGE/tariff headwinds and improving sales productivity. Adding to the bullish backdrop, Gartner formally launched its Magic Quadrant for Decision Intelligence Platforms, reinforcing its relevance in the fast-growing AI research and advisory space — even as Morgan Stanley trimmed its price target to $173 from $183.

6.0567

July 10, 2026Gartner closed modestly higher after a turbulent stretch, but the stock remains near its 52-week low as multiple headwinds weigh on investor sentiment. Morgan Stanley maintained an Equal-Weight rating while cutting its price target to $173 from $183, reflecting concerns over slowing growth tied to U.S. government cost-cutting, uncertain trade policy, and longer enterprise sales cycles. A shareholder investigation announced by Bernstein Liebhard LLP added further pressure, while the consulting sector broadly faced a risk-off environment earlier in the week after geopolitical flare-ups in the Middle East disrupted corporate spending sentiment.

0.4145

July 10, 2026Gartner shares closed modestly lower, underperforming the broader industrials sector (XLI) amid a confluence of company-specific and macro headwinds. A securities investigation announced by Bernstein Liebhard added fresh legal overhang, while the stock — already down roughly 64% over the past year and trading near 52-week lows — continues to face investor skepticism over slowing growth. Q1 2026 results showed revenues declining 1.5% year-over-year as cyclical pressures from U.S. government cost-cutting, longer sales cycles, and trade policy uncertainty weighed on its core research business, with some investors also concerned about AI's long-term disruption to Gartner's advisory model.

-1.4776

July 9, 2026Gartner shares fell sharply, significantly underperforming the broader industrials sector (XLI closed near flat) as a confluence of headwinds weighed on sentiment. A macro-driven risk-off move — triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' sending oil prices surging — hit demand-sensitive and consulting-adjacent names hard. Gartner's decline also reflects persistent company-specific concerns: slowing contract value growth, U.S. government cost-cutting, longer enterprise sales cycles, and rising investor anxiety that AI could structurally erode demand for traditional research and advisory services — a risk echoed by peer Accenture's recent bookings decline. Adding structural pressure, Gartner was reclassified out of the Russell 1000 into the Russell 2500 Growth Index in late June, reshaping its passive investor base. The stock has now lost roughly 64% over the past 52 weeks and sits near its 52-week low, though some value-oriented investors, including Artisan Mid Cap Value Fund, argue the selloff is overdone and that the core business remains fundamentally sound.

-4.3466

MarketWatch · July 17, 2026Gartner Inc. stock outperforms competitors on strong trading dayTipRanks · July 16, 2026Gartner Stock Snaps Back After Brutal Tech SelloffStorageNewsletter · July 16, 2026Gartner Unveiled its Magic Quadrant 2026 for Backup and Data Protection PlatformsCX Today · July 15, 2026Gartner Magic Quadrant for Conversational AI Platforms 2026: The Rundown
Mt Newswire · July 17, 2026BMO Capital Adjusts Gartner Price Target to $154 From $177, Maintains Market Perform Rating
Mt Newswire · July 13, 2026Gartner Likely to Post Q2 Contract Value Growth, RBC Says
Benzinga · July 10, 2026Morgan Stanley Maintains Equal-Weight on Gartner, Lowers Price Target to $173
Mt Newswire · July 10, 2026Morgan Stanley Adjusts Price Target on Gartner to $173 From $183
Benzinga · June 24, 2026Wells Fargo Maintains Underweight on Gartner, Lowers Price Target to $120
Mt Newswire · June 24, 2026Wells Fargo Adjusts Price Target on Gartner to $120 From $140, Maintains Underweight Rating
Mt Newswire · June 12, 2026UBS Adjusts Price Target on Gartner to $164 From $170
Benzinga · May 6, 2026Morgan Stanley Maintains Equal-Weight on Gartner, Lowers Price Target to $183

Peers

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