Gartner Inc. ($IT) Stock Forecast: Down 5.1% Today

What is Gartner Inc.?

IT is a stock listed on the NYSE, representing Gartner, a company known for its outperformance in the market over the past decade.

Why is Gartner Inc. going down?

IT stock is down 5.1% on Apr 9, 2025 15:18

• The stock IT experienced a bearish movement today despite Gartner's historical outperformance in the market.
• The acknowledgment of Gartner's strong performance over the past decade may have heightened expectations, resulting in profit-taking and a short-term bearish trend.
• Investors possibly responded to other market factors or events, triggering a sell-off in IT shares despite the company's strong long-term performance.

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If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today - Gartner ( NYSE:IT )

Gartner IT has outperformed the market over the past 10 years by 7.09% on an annualized basis producing an average annual return of 16.33%. Currently, Gartner has a market capitalization of $29.44 billion.

https://www.benzinga.com/insights/news/25/04/44653684/if-you-invested-1000-in-this-stock-10-years-ago-you-would-have-this-much-today

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Gartner Inc. Price History

10.11.2024 - IT Stock was down 0.2%

• The bearish movement in IT stock could be attributed to investors reacting to the company's recent earnings report, which may have fallen short of expectations.
• There are concerns among investors about the company's future performance and growth prospects, with questions raised about whether IT can rebound.
• The 2.7% decline in IT stock since the last earnings report indicates that market sentiment towards the company may have soured, leading to the bearish movement witnessed today.

09.03.2025 - IT Stock was down 5.1%

• The stock IT experienced a bearish movement today despite Gartner's historical outperformance in the market.
• The acknowledgment of Gartner's strong performance over the past decade may have heightened expectations, resulting in profit-taking and a short-term bearish trend.
• Investors possibly responded to other market factors or events, triggering a sell-off in IT shares despite the company's strong long-term performance.

04.01.2025 - IT Stock was up 7.0%

• Gartner (IT) reported Q4 earnings and revenues that surpassed estimates by a significant margin, indicating strong financial performance.
• The company's top line growth in the fourth quarter was driven by increased contract value from clients and a rise in destination conferences, reflecting positive business developments.
• Gartner's consistent outperformance in the market over the past decade, with an impressive average annual return of 20.29%, has likely contributed to investor confidence and interest in the stock.
• The positive earnings results and long-term market outperformance suggest that Gartner's strategic initiatives and market positioning are resonating well with investors, leading to the bullish movement in the stock price today.

05.01.2025 - IT Stock was down 5.1%

• Despite surpassing earnings expectations in Q4 and demonstrating year-over-year revenue growth, Gartner's stock faced a bearish trend.
• Disappointment among investors could be attributed to Gartner's conservative guidance for FY25, triggering a negative market response.
• The disparity between the strong earnings results and the lower-than-anticipated guidance might have led to profit-taking by investors.
• Various market conditions or sector-specific factors may have contributed to the downward movement in IT stocks.

04.10.2023 - IT Stock was up 9.9%

• Gartner (IT) surpassed Q3 earnings and revenue estimates, indicating strong financial performance.
• The company's revenue increase was driven by improvement in segmental results.
• Positive market sentiment and investor interest in Gartner's market outperformance and growth potential contributed to the bullish movement.
• Gartner's strong Q3 performance and revenue growth exceeding expectations led to the stock's upward movement.

03.10.2023 - IT Stock was up 5.4%

• Gartner, Inc. reported higher than expected earnings and revenue growth in its Q3 financial results, which contributed to the bullish movement of IT stock.
• The company also raised its fiscal 2023 forecast above market estimates, indicating positive expectations for future performance.
• The improving segmental performance of Gartner is expected to drive year-over-year revenue growth.
• The positive news about Oracle being named a leader in the Gartner Magic Quadrant for Distributed Hybrid Infrastructure may have also had a positive impact on the overall sentiment towards IT stock.

06.01.2024 - IT Stock was down 0.9%

• The bearish movement in IT stock today can be attributed to the following factors:
• 1. Mixed Q4 Earnings: Gartner reported mixed fourth-quarter earnings, with revenue growth of 5% year-on-year, falling slightly short of Wall Street estimates. This may have disappointed investors and led to a sell-off of the stock.
• 2. Decline in Consulting Revenue: Gartner's consulting revenue fell by 7% year-on-year, which could have raised concerns among investors about the company's ability to generate consistent growth in this segment.
• 3. Market Reaction: The market's reaction to Gartner's earnings report might have contributed to the bearish movement in IT stock. Investors may have reacted negatively to the mixed results, leading to a decrease in the stock price.
• 4. Overall Market Sentiment: It's also important to consider the overall market sentiment, as broader market trends and investor sentiment can influence the movement of individual stocks. If the market as a whole experienced a bearish day, it could have contributed to the decline in IT stock.

10.06.2024 - IT Stock was down 2.3%

• Recent profit-taking activity in IT's stock price follows a strong upward trend in the previous month, similar to the share price increase seen in Palantir.
• Collaborations among Fortinet, Versa Networks, and Oracle on AI innovations have diverted investor attention from IT, potentially contributing to the stock's decline.
• Observations suggest a shift in investment focus from IT to cloud computing stocks, viewed as more promising for future growth, aligning with trends in cloud computing technology.
• Despite today's bearish movement, IT remains a stock of interest for potential recovery or future opportunities amidst the rapid evolution of the tech sector.

30.06.2024 - IT Stock was up 5.3%

• Strong Q2 earnings and revenue performance by Gartner (IT) exceeded expectations, suggesting solid growth potential.
• Investor confidence may have been reinforced by the company's share buyback program announcement, potentially influencing the positive stock movement.
• The market's favorable reaction to Gartner's profit growth and earnings surpass indicates optimism about the company's financial strength and strategic decisions.
• Gartner's robust Q2 financial results and strategic efforts likely propelled today's bullish trend in the stock.

30.06.2024 - IT Stock was up 6.7%

• Strong Q2 2024 earnings were reported by Gartner (IT), surpassing both EPS and revenue estimates, demonstrating solid financial performance.
• Exceeding analyst expectations highlights efficient management by the company, potentially reflecting strong market demand for its services.
• Positive market sentiment towards Gartner's sustained double-digit growth outlook could have influenced the stock's bullish movement.
• Recognition in the Gartner Hype Cycle for Strategic Portfolio Management bolsters the company's reputation and might attract more investors, potentially increasing the stock price.

30.06.2024 - IT Stock was up 6.9%

• Gartner Inc. (IT) experienced a strong bullish movement following its second-quarter FY24 earnings report.
• The company reported a 6.1% year-on-year sales growth, surpassing analyst consensus estimates, with revenue reaching $1.595 billion.
• The positive earnings and revenue figures for Q2 2024 contributed to the surge in Gartner's stock price.
• The market reacted favorably to the improved segmental performance and the company's ability to beat EPS and revenue estimates, indicating strong investor confidence in Gartner's financial health and growth prospects.