Gartner, Inc. (IT)
NYSE: IT · IEX Real-Time Price · USD
449.61
+0.30 (0.07%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Gartner Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Gartner stock have an average target of 417.8, with a low estimate of 337 and a high estimate of 550. The average target predicts a decrease of -7.08% from the current stock price of 449.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Gartner stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $484 → $550 | Hold → Strong Buy | Upgrades | $484 → $550 | +22.33% | Apr 11, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $444 → $450 | Hold | Maintains | $444 → $450 | +0.09% | Feb 8, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $366 → $372 | Hold | Maintains | $366 → $372 | -17.26% | Aug 2, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $366 | Hold | Reiterates | $366 | -18.60% | Jul 18, 2023 |
| UBS | UBS | Hold Initiates $368 | Hold | Initiates | $368 | -18.15% | Jun 1, 2023 |
Financial Forecast
Revenue This Year
6.49B
from 5.91B
Increased by 9.90%
Revenue Next Year
7.13B
from 6.49B
Increased by 9.80%
EPS This Year
11.77
from 11.08
Increased by 6.20%
EPS Next Year
13.43
from 11.77
Increased by 14.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7B | 7.4B | 8.1B |
| Avg | 6.5B | 7.1B | 7.7B |
| Low | 6.1B | 6.7B | 6.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.8% | 13.7% | 13.8% |
| Avg | 9.9% | 9.8% | 8.6% |
| Low | 3.7% | 3.3% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.85 | 14.68 | 17.15 |
| Avg | 11.77 | 13.43 | 16.25 |
| Low | 10.55 | 12.11 | 15.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.0% | 24.7% | 27.6% |
| Avg | 6.2% | 14.2% | 21.0% |
| Low | -4.7% | 2.9% | 12.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.