IT Stock Analysis: Gartner | NYSE
Information Technology Services | NYSE, USA | Market Cap: 10.774m USD | 12M Return: -26% | US3666511072 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 198M
EPS Trend: 78.4%
Qual. Beats: 1
Rev. Trend: 96.3%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Gartner, Inc. (NYSE: IT) is a global research and advisory firm founded in 1979 and headquartered in Stamford, Connecticut. The company provides business and technology insights to help executives make decisions and improve performance on mission-critical priorities, operating across three segments: Research (delivered through subscription-based access to published content, data, benchmarks, and expert advisors), Conferences (executive events such as the Symposium/Xpo series and role-specific forums), and Consulting (custom strategic analysis and hands-on support for IT cost optimization, digital transformation, and IT sourcing). Gartner generates the majority of its revenue from recurring subscription contracts, which provide a predictable and typically contractually committed revenue base, and it went public in 1993.
Listed in the IT Consulting & Other Services sub-industry within the broader Information Technology sector, Gartner functions primarily as a subscription-driven business intelligence provider rather than a traditional systems integrator. This model differs from many peers in the consulting space because its largest segment is based on long-term research subscriptions sold to enterprise IT and business leaders, supplemented by event-based and project-based revenue streams.
- High-margin subscription research renewals drive consistent recurring revenue growth
- Global corporate digital transformation spending dictates enterprise consulting demand
- In-person conference attendance recovery fuels high-margin event segment profitability
- Rising labor costs for specialized research analysts pressure operating margins
- Global macroeconomic uncertainty influences enterprise decision cycles and contract values
| Net Income: 775.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -0.23 > 1.0 |
| NWC/Revenue: -6.79% < 20% (prev 5.92%; Δ -12.71% < -1%) |
| CFO/TA 0.19 > 3% & CFO 1.38b > Net Income 775.3m |
| Net Debt (1.74b) to EBITDA (1.30b): 1.34 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (66.6m) vs 12m ago -13.93% < -2% |
| Gross Margin: 68.89% > 18% (prev 67.96%; Δ 0.93% > 0.5%) |
| Asset Turnover: 83.29% > 50% (prev 77.09%; Δ 6.20% > 0%) |
| Interest Coverage Ratio: 14.16 > 6 (EBIT TTM 1.11b / Interest Expense TTM 78.7m) |
| A: -0.06 (Total Current Assets 3.22b - Total Current Liabilities 3.66b) / Total Assets 7.19b |
| B: 1.00 (Retained Earnings 7.22b / Total Assets 7.19b) |
| C: 0.14 (EBIT TTM 1.11b / Avg Total Assets 7.76b) |
| D: -0.02 (Book Value of Equity -167.3m / Total Liabilities 7.36b) |
| Altman-Z'' = 3.81 = AA |
| DSRI: 0.95 (Receivables 1.20b/1.26b, Revenue 6.46b/6.42b) |
| GMI: 0.99 (GM 67.96% / 68.89%) |
| AQI: 1.07 (AQ_t 0.50 / AQ_t-1 0.46) |
| SGI: 1.01 (Revenue 6.46b / 6.42b) |
| TATA: -0.08 (NI 775.3m - CFO 1.38b) / TA 7.19b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of September 19, 2026, the stock is trading at USD 185.78 with a total of 2,560,382 shares traded. Over the past week, the price has changed by +10.07%, over one month by +4.80%, over three months by +40.59% and over the past year by -26.04%.
Current recommended Stop Loss: 175.00 (which is 5.8% or 1.2 ATR below the current price).
Gartner has received a consensus analysts rating of 3.55. Therefore, it is recommended to hold IT.
- StrongBuy: 3
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 185.2 | -0.3% |
P/E Trailing = 15.2612
P/E Forward = 10.7875
P/S = 1.6669
P/B = 160.0596
P/EG = 0.6761
Revenue TTM = 6.46b USD
EBIT TTM = 1.11b USD
EBITDA TTM = 1.30b USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 101.1m USD (from shortTermDebt, last fiscal year)
Debt = 3.23b USD (from shortLongTermDebtTotal, last quarter) + Leases 253.4m
Net Debt = 1.74b USD (calculated: Debt 3.23b - CCE 1.49b)
Enterprise Value = 12.5b USD (10.8b + Debt 3.23b - CCE 1.49b)
Interest Coverage Ratio = 14.16 (Ebit TTM 1.11b / Interest Expense TTM 78.7m)
EV/FCF = 9.71x (Enterprise Value 12.5b / FCF TTM 1.29b)
FCF Yield = 10.30% (FCF TTM 1.29b / Enterprise Value 12.5b)
FCF Margin = 19.94% (FCF TTM 1.29b / Revenue TTM 6.46b)
Net Margin = 11.99% (Net Income TTM 775.3m / Revenue TTM 6.46b)
Gross Margin = 68.89% ((Revenue TTM 6.46b - Cost of Revenue TTM 2.01b) / Revenue TTM)
Gross Margin QoQ = 70.95% (prev 71.59%)
Tobins Q-Ratio = 1.74 (Enterprise Value 12.5b / Total Assets 7.19b)
Interest Expense / Debt = 2.43% (Interest Expense 78.7m / Debt 3.23b)
Taxrate = 24.75% (255.0m / 1.03b)
NOPAT = 838.5m (EBIT 1.11b * (1 - 24.75%))
Current Ratio = 0.88 (Total Current Assets 3.22b / Total Current Liabilities 3.66b)
Debt / Equity = -19.32 (negative equity) (Debt 3.23b / totalStockholderEquity, last quarter -167.3m)
Debt / EBITDA = 1.34 (Net Debt 1.74b / EBITDA 1.30b)
Debt / FCF = 1.35 (Net Debt 1.74b / FCF TTM 1.29b)
Total Stockholder Equity = 193.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.99% (Net Income 775.3m / Total Assets 7.19b)
RoE = 401.4% (Net Income TTM 775.3m / Total Stockholder Equity 193.1m)
RoCE = 35.12% (EBIT 1.11b / Capital Employed (Equity 193.1m + L.T.Debt 2.98b))
RoIC = 25.34% (NOPAT 838.5m / Invested Capital 3.31b)
WACC = 6.48% (E(10.8b)/V(14.0b) * Re(7.87%) + D(3.23b)/V(14.0b) * Rd(2.43%) * (1-Tc(0.25)))
Discount Rate = 7.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.21 | Cagr: -7.30%
[DCF] Terminal Value 73.15% ; FCFF base≈1.38b ; Y1≈1.21b ; Y5≈984.0m
[DCF] Fair Price = 222.3 (EV 15.8b - Net Debt 1.74b = Equity 14.0b / Shares 63.1m; r=8.35% [WACC [floored]]; 5y FCF grow -14.73% → 2.50% )
EPS Correlation: 78.42 | EPS CAGR: 9.41% | SUE: 0.88 | # QB: 1
Revenue Correlation: 96.33 | Revenue CAGR: 4.32% | SUE: 3.06 | # QB: 1
EPS current Quarter (2026-09-30): EPS=2.85 | Chg30d=-0.34% | Revisions=+71% | Analysts=15
EPS current Year (2026-12-31): EPS=14.48 | Chg30d=-0.23% | Revisions=+83% | GrowthEPS=+10.0% | GrowthRev=-1.2%
EPS next Year (2027-12-31): EPS=16.36 | Chg30d=-1.06% | Revisions=+83% | GrowthEPS=+13.0% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: +89% (up=43, down=1)