Gartner (IT) Stock Forecast & Price Target

$501.01

-5.75 (-1.13%)

(As of 01:08 PM ET)

Gartner - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 7 Analyst Ratings

Sell
1

Hold
3

Buy
3

Based on 7 Wall Street analysts who have issued ratings for Gartner in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 1 has given a sell rating, 3 have given a hold rating, and 3 have given a buy rating for IT.

Consensus Price Target

$521.00
3.99% Upside

According to the 7 analysts' twelve-month price targets for Gartner, the average price target is $521.00. The highest price target for IT is $580.00, while the lowest price target for IT is $435.00. The average price target represents a forecasted upside of 3.99% from the current price of $501.01.

Get the Latest News and Ratings for IT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Gartner and its competitors.

IT Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$521.00	$521.00	$474.50	$361.00
Forecasted Upside	3.99% Upside	5.90% Upside	5.82% Upside	4.34% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Hold

Revolutionary Tech Alert: How Elon Musk is Changing Lives (Ad)

"Elon Musk's Neuralink just received FDA breakthrough status for a revolutionary device designed to restore vision to those who've lost it entirely. And the first human clinical trials have opened for recruitment.

Click here to see it.

IT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Gartner Stock vs. The Competition

Type	Gartner	Business Services Companies	S&P 500
Consensus Rating Score	2.29	2.66	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	2.81% Upside	319.44% Upside	6.15% Upside
News Sentiment Rating	Positive News See Recent IT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/13/2024	Wells Fargo & Company 3 of 5 stars	J. Haas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
7/31/2024	Bank of America 4 of 5 stars		Boost Target	Buy ➝ Buy	$525.00 ➝ $580.00	+14.90%
7/31/2024	UBS Group 4 of 5 stars		Boost Target	Buy ➝ Buy	$510.00 ➝ $580.00	+15.15%
7/31/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$450.00 ➝ $510.00	+0.77%
7/31/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$517.00 ➝ $565.00	+13.28%
7/11/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$440.00 ➝ $470.00	+5.21%
Get the Latest News and Ratings for IT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Gartner and its competitors with MarketBeat's FREE daily newsletter.
4/16/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$507.00	+9.34%
12/2/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$330.00 ➝ $350.00	-1.76%
11/2/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$348.00 ➝ $391.00	+21.32%
10/25/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold	$300.00	+1.39%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:39 PM ET.

Should I Buy Gartner Stock? IT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these Gartner pros and cons to contact@marketbeat.com.

Gartner
Bull Case

Here are some ways that investors could benefit from investing in Gartner, Inc.:

Gartner, Inc. has shown consistent revenue growth, with a 6.1% increase in revenue compared to the same quarter last year, indicating a positive trend in the company's financial performance.
Analysts predict that Gartner, Inc. will post an EPS of 11.58 for the current year, suggesting strong earnings potential and profitability for investors.
Recent analyst ratings have been favorable, with multiple analysts upgrading their price targets and ratings for Gartner, Inc., indicating confidence in the company's future prospects.
Institutional investors have been increasing their stakes in Gartner, Inc., with notable firms like TCW Group Inc. and Charles Schwab Investment Management Inc. acquiring additional shares, reflecting institutional confidence in the company.
Despite some mixed analyst ratings, the consensus target price for Gartner, Inc. is $521.00, suggesting potential upside based on current market valuations.

Gartner
Bear Case

Investors should be bearish about investing in Gartner, Inc. for these reasons:

While there have been positive developments, Gartner, Inc. received a "strong sell" rating from Wells Fargo & Company, indicating some concerns about the company's performance or future outlook.
One analyst has rated the stock as a sell, which may raise caution among investors considering the potential risks associated with investing in Gartner, Inc.
The stock has a consensus rating of "Hold," suggesting a lack of unanimous bullish sentiment among analysts, which could impact short-term price movements.
Some institutional investors have reduced their positions in Gartner, Inc., indicating a potential lack of confidence or a shift in investment strategies regarding the company.
Market volatility and economic uncertainties could impact Gartner, Inc.'s stock price, leading to fluctuations in investment returns for shareholders.

IT Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Gartner is $521.00, with a high forecast of $580.00 and a low forecast of $435.00.
: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last twelve months. There is currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IT, but not buy additional shares or sell existing shares.
: According to analysts, Gartner's stock has a predicted upside of 3.99% based on their 12-month stock forecasts.
: Over the previous 90 days, Gartner's stock had 1 upgrade by analysts.
: Gartner has been rated by research analysts at Bank of America, BMO Capital Markets, Morgan Stanley, Robert W. Baird, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Gartner less than other "business services" companies. The consensus rating for Gartner is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how IT compares to other companies.