Gartner (IT) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

IT Stock Forecast


Gartner stock forecast is as follows: an average price target of $450.00 (represents a -10.90% downside from IT’s last price of $505.06) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.

IT Price Target


The average price target for Gartner (IT) is $450.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $580.00 to $283.00. This represents a potential -10.90% downside from IT's last price of $505.06.

IT Analyst Ratings


Hold

According to 8 Wall Street analysts, Gartner's rating consensus is 'Hold'. The analyst rating breakdown for IT stock is 0 'Strong Buy' (0.00%), 2 'Buy' (25.00%), 5 'Hold' (62.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Gartner Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 10, 2024Toni KaplanMorgan Stanley$528.00$520.681.41%4.54%
Sep 20, 2024Jeffrey MeulerRobert W. Baird$565.00$513.4210.05%11.87%
Jul 31, 2024Joshua ChanUBS$580.00$504.0315.07%14.84%
Jul 31, 2024Jeffrey SilberBMO Capital$510.00$504.031.18%0.98%
May 01, 2024Jeffrey MeulerRobert W. Baird$517.00$412.5925.31%2.36%
Apr 30, 2024Toni KaplanMorgan Stanley$440.00$416.315.69%-12.88%
Apr 16, 2024Faiza AlwyDeutsche Bank$507.00$463.599.36%0.38%
Apr 11, 2024Joshua ChanUBS$550.00$463.7818.59%8.90%
Feb 08, 2023-Wells Fargo$387.00$344.9612.19%-23.38%
Jan 13, 2023-Wells Fargo$370.00$334.6010.58%-26.74%
Row per page
Go to

The latest Gartner stock forecast, released on Oct 10, 2024 by Toni Kaplan from Morgan Stanley, set a price target of $528.00, which represents a 1.41% increase from the stock price at the time of the forecast ($520.68), and a 4.54% increase from IT last price ($505.06).

Gartner Price Target by Period


1M3M12M
# Anlaysts128
Avg Price Target$528.00$546.50$524.63
Last Closing Price$505.06$505.06$505.06
Upside/Downside4.54%8.20%3.87%

In the current month, the average price target of Gartner stock is $528.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.54% increase as opposed to Gartner's last price of $505.06. This month's average price target is down -3.39% compared to last quarter, and up 0.64% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Wells FargoUnderweightUnderweightHold
Oct 10, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 12, 2024Wells FargoOverweightUnderweightInitialise
Jul 31, 2024UBSBuyBuyHold
Jul 31, 2024BMO CapitalMarket PerformMarket PerformHold
Jul 11, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 30, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 16, 2024Deutsche Bank-HoldInitialise
Apr 11, 2024UBS-BuyUpgrade
Feb 16, 2023BarclaysEqual-WeightOverweightUpgrade
Row per page
Go to

Gartner's last stock rating was published by Wells Fargo on Oct 14, 2024. The company gave IT a "Underweight" rating, the same as its previous rate.

Gartner Financial Forecast


Gartner Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.41B$1.50B$1.41B$1.50B$1.33B$1.38B$1.26B$1.31B$1.16B$1.17B$1.10B$1.11B$994.62M$973.13M$1.02B$1.20B$1.00B
Avg Forecast$1.99B$1.74B$1.85B$1.71B$1.84B$1.59B$1.72B$1.58B$1.69B$1.48B$1.58B$1.47B$1.59B$1.39B$1.48B$1.40B$1.45B$1.30B$1.32B$1.24B$1.25B$1.13B$1.12B$1.05B$1.07B$928.15M$930.53M$1.01B$1.19B$991.94M
High Forecast$1.99B$1.74B$1.85B$1.71B$1.84B$1.59B$1.72B$1.58B$1.69B$1.50B$1.58B$1.47B$1.59B$1.40B$1.48B$1.40B$1.45B$1.30B$1.32B$1.24B$1.25B$1.13B$1.12B$1.05B$1.07B$928.15M$930.53M$1.01B$1.19B$991.94M
Low Forecast$1.99B$1.74B$1.85B$1.71B$1.84B$1.59B$1.72B$1.58B$1.69B$1.47B$1.58B$1.47B$1.58B$1.38B$1.48B$1.40B$1.45B$1.30B$1.32B$1.24B$1.25B$1.13B$1.12B$1.05B$1.07B$928.15M$930.53M$1.01B$1.19B$991.94M
# Analysts333344443631396437434744499955
Surprise %-------------1.02%1.02%1.01%1.04%1.03%1.04%1.02%1.05%1.02%1.04%1.05%1.04%1.07%1.05%1.00%1.01%1.01%

Gartner's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.59B, with a low forecast of $1.58B, and a high forecast of $1.59B. IT's average Quarter revenue forecast represents a 12.54% increase compared to the company's last Quarter revenue of $1.41B (Sep 23).

Gartner EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344443631396437434744499955
EBITDA-------------$244.42M$283.11M$314.30M$386.00M$310.93M$355.60M$297.01M$262.13M$282.91M$458.58M$297.17M$240.99M$98.68M$143.19M$177.90M$129.71M$150.71M
Avg Forecast$405.29M$356.14M$378.23M$349.25M$375.77M$324.95M$351.82M$323.48M$344.46M$301.15M$323.49M$315.40M$323.65M$283.26M$302.29M$249.33M$226.22M$264.44M$270.49M$197.10M$254.92M$230.50M$228.09M$220.79M$218.80M$189.48M$189.96M$280.19M$243.85M$202.50M
High Forecast$405.29M$356.14M$378.23M$349.25M$375.77M$324.95M$351.82M$323.48M$344.46M$305.25M$323.49M$378.48M$323.65M$285.18M$302.29M$299.19M$271.46M$264.44M$270.49M$236.52M$254.92M$230.50M$228.09M$264.95M$218.80M$189.48M$189.96M$336.23M$243.85M$202.50M
Low Forecast$405.29M$356.14M$378.23M$349.25M$375.77M$324.95M$351.82M$323.48M$344.46M$299.10M$323.49M$252.32M$321.62M$280.99M$302.29M$199.46M$180.97M$264.44M$270.49M$157.68M$254.92M$230.50M$228.09M$176.63M$218.80M$189.48M$189.96M$224.15M$243.85M$202.50M
Surprise %-------------0.86%0.94%1.26%1.71%1.18%1.31%1.51%1.03%1.23%2.01%1.35%1.10%0.52%0.75%0.63%0.53%0.74%

3 analysts predict IT's average Quarter EBITDA for Dec 23 to be $323.65M, with a high of $323.65M and a low of $321.62M. This is 32.42% upper than Gartner's previous annual EBITDA (Sep 23) of $244.42M.

Gartner Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344443631396437434744499955
Net Income-------------$180.01M$198.04M$295.80M$256.80M$173.54M$204.90M$172.51M$209.36M$148.87M$271.24M$164.10M$119.61M$16.96M$55.08M$75.10M$67.70M$41.39M
Avg Forecast$360.69M$261.75M$325.29M$287.32M$285.95M$216.99M$279.04M$236.39M$244.75M$185.32M$236.76M$184.57M$221.37M$153.11M$196.21M$145.90M$180.68M$146.50M$167.11M$115.34M$189.18M$121.74M$135.34M$121.92M$63.92M$41.15M$63.15M$118.28M$63.86M$33.84M
High Forecast$360.69M$261.75M$325.29M$287.32M$285.95M$216.99M$279.04M$236.39M$244.75M$204.99M$236.76M$221.48M$234.11M$167.17M$196.21M$175.08M$216.81M$146.50M$167.11M$138.41M$189.18M$121.74M$135.34M$146.31M$63.92M$41.15M$63.15M$141.93M$63.86M$33.84M
Low Forecast$360.69M$261.75M$325.29M$287.32M$285.95M$216.99M$279.04M$236.39M$244.75M$167.92M$236.75M$147.65M$208.63M$132.80M$196.21M$116.72M$144.54M$146.50M$167.11M$92.27M$189.18M$121.74M$135.34M$97.54M$63.92M$41.15M$63.15M$94.62M$63.86M$33.84M
Surprise %-------------1.18%1.01%2.03%1.42%1.18%1.23%1.50%1.11%1.22%2.00%1.35%1.87%0.41%0.87%0.63%1.06%1.22%

Gartner's average Quarter net income forecast for Dec 23 is $221.37M, with a range of $208.63M to $234.11M. IT's average Quarter net income forecast represents a 22.98% increase compared to the company's last Quarter net income of $180.01M (Sep 23).

Gartner SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344443631396437434744499955
SG&A-------------$660.53M$680.17M$657.10M$645.00M$613.03M$604.90M$617.90M$667.33M$512.57M$488.50M$487.25M$525.98M$521.51M$494.84M$496.64M$557.52M$512.16M
Avg Forecast$935.18M$821.78M$872.76M$805.88M$867.07M$749.81M$811.82M$746.41M$794.84M$694.89M$746.44M$661.07M$746.82M$653.60M$697.53M$522.59M$575.91M$610.18M$624.13M$413.11M$588.21M$531.86M$526.31M$362.02M$504.87M$437.21M$438.34M$868.35M$562.67M$467.27M
High Forecast$935.18M$821.78M$872.76M$805.88M$867.07M$749.81M$811.82M$746.41M$794.84M$704.34M$746.44M$793.29M$746.82M$658.05M$697.53M$627.11M$691.10M$610.18M$624.13M$495.74M$588.21M$531.86M$526.31M$434.43M$504.87M$437.21M$438.34M$1.04B$562.67M$467.27M
Low Forecast$935.18M$821.78M$872.76M$805.88M$867.07M$749.81M$811.82M$746.41M$794.84M$690.16M$746.44M$528.86M$742.12M$648.37M$697.53M$418.07M$460.73M$610.18M$624.13M$330.49M$588.21M$531.86M$526.31M$289.62M$504.87M$437.21M$438.34M$694.68M$562.67M$467.27M
Surprise %-------------1.01%0.98%1.26%1.12%1.00%0.97%1.50%1.13%0.96%0.93%1.35%1.04%1.19%1.13%0.57%0.99%1.10%

Gartner's average Quarter SG&A projection for Dec 23 is $746.82M, based on 3 Wall Street analysts, with a range of $742.12M to $746.82M. The forecast indicates a 13.06% rise compared to IT last annual SG&A of $660.53M (Sep 23).

Gartner EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344443631396437434744499955
EPS-------------$2.28$2.50$3.72$3.24$2.19$2.55$2.10$2.54$1.78$3.16$1.86$1.34$0.19$0.62$0.84$0.76$0.46
Avg Forecast$4.61$3.34$4.16$3.67$3.65$2.77$3.56$3.02$3.13$2.37$3.02$2.59$2.83$1.96$2.51$2.06$2.50$1.87$2.13$1.75$2.42$1.55$1.73$1.05$0.82$0.53$0.81$0.32$0.82$0.43
High Forecast$4.61$3.34$4.16$3.67$3.65$2.77$3.56$3.02$3.13$2.62$3.02$2.62$2.99$2.14$2.51$2.06$2.50$1.87$2.13$1.75$2.42$1.55$1.73$1.05$0.82$0.53$0.81$0.32$0.82$0.43
Low Forecast$4.61$3.34$4.16$3.67$3.65$2.77$3.56$3.02$3.13$2.14$3.02$2.56$2.66$1.70$2.51$2.06$2.50$1.87$2.13$1.75$2.42$1.55$1.73$1.05$0.82$0.53$0.81$0.32$0.82$0.43
Surprise %-------------1.17%1.00%1.81%1.29%1.17%1.19%1.20%1.05%1.14%1.83%1.76%1.64%0.36%0.77%2.59%0.93%1.06%

According to 3 Wall Street analysts, Gartner's projected average Quarter EPS for Dec 23 is $2.83, with a low estimate of $2.66 and a high estimate of $2.99. This represents a 24.02% increase compared to IT previous annual EPS of $2.28 (Sep 23).

Gartner Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CLVTClarivate$6.45$14.33122.17%Buy
WNSWNS$47.72$72.8652.68%Buy
FISVFiserv$114.23$133.1116.53%Buy
FISFidelity National Information Services$89.70$101.3613.00%Buy
GGenpact$38.78$42.258.95%Hold
ASGNASGN$91.43$99.008.28%Hold
PRFTPerficient$75.96$81.006.64%Hold
JKHYJack Henry & Associates$184.32$191.804.06%Buy
CTSHCognizant Technology Solutions$74.90$75.881.31%Hold
PSNParsons$109.61$103.83-5.27%Buy
ITGartner$505.06$450.00-10.90%Hold
CACICACI$553.27$491.11-11.24%Buy
SAICScience Applications$146.14$124.30-14.94%Buy
LDOSLeidos$186.32$156.64-15.93%Buy
BRBroadridge Financial Solutions$209.64$176.00-16.05%Buy
EXLSExlService$42.12$32.64-22.51%Buy

IT Forecast FAQ


No, according to 8 Wall Street analysts, Gartner (IT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 25.00% of IT's total ratings.

Gartner (IT) average price target is $450 with a range of $283 to $580, implying a -10.90% from its last price of $505.06. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for IT stock, the company can go down by -10.90% (from the last price of $505.06 to the average price target of $450), up by 14.84% based on the highest stock price target, and down by -43.97% based on the lowest stock price target.

IT's average twelve months analyst stock price target of $450 does not support the claim that Gartner can reach $800 in the near future.

1 Wall Street analyst forecast a $528 price target for Gartner (IT) this month, up 4.54% from its last price of $505.06. Compared to the last 3 and 12 months, the average price target increased by 8.20% and increased by 3.87%, respectively.

Gartner's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.74B (high $6.74B, low $6.74B), average EBITDA is $1.38B (high $1.38B, low $1.38B), average net income is $1.02B (high $1.02B, low $1.02B), average SG&A $3.18B (high $3.18B, low $3.18B), and average EPS is $13.01 (high $13.01, low $13.01). IT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.29B (high $7.29B, low $7.29B), average EBITDA is $1.49B (high $1.49B, low $1.49B), average net income is $1.24B (high $1.24B, low $1.24B), average SG&A $3.44B (high $3.44B, low $3.44B), and average EPS is $15.78 (high $15.78, low $15.78).

Based on Gartner's last annual report (Dec 2022), the company's revenue was $5.48B, beating the average analysts forecast of $5.31B by 3.15%. Apple's EBITDA was $1.35B, beating the average prediction of $958.24M by 40.84%. The company's net income was $807.78M, beating the average estimation of $609.63M by 32.51%. Apple's SG&A was $2.48B, beating the average forecast of $2.22B by 11.58%. Lastly, the company's EPS was $10.08, beating the average prediction of $8.26 by 22.09%. In terms of the last quarterly report (Sep 2023), Gartner's revenue was $1.41B, beating the average analysts' forecast of $1.39B by 1.53%. The company's EBITDA was $244.42M, missing the average prediction of $283.26M by -13.71%. Gartner's net income was $180.01M, beating the average estimation of $153.11M by 17.57%. The company's SG&A was $660.53M, beating the average forecast of $653.6M by 1.06%. Lastly, the company's EPS was $2.28, beating the average prediction of $1.96 by 16.58%