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

What is Gartner Inc.?

Gartner Inc. (NYSE: IT) Market: Gartner Inc. (IT) experienced a significant bearish movement today.

Why is Gartner Inc. going down?

IT stock is down 5.1% on Feb 5, 2025 14:43

• 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.

IT Price Chart

IT Technical Analysis

IT News

Gartner Earnings Outpace Estimates in Q4, Revenues Increase Y/Y

Strong growth across segments benefits the top line of IT in the fourth quarter of 2024.

https://www.zacks.com/stock/news/2409463/gartner-earnings-outpace-estimates-in-q4-revenues-increase-yy

Consulting Firm Gartner Q4: Earnings Beat, Soft FY25 Guidance & More - Gartner ( NYSE:IT )

Gartner Q4 revenue of $1.72 billion and adjusted EPS of $5.45 beat estimates. Gartner sees FY25 adjusted EPS of at least $11.45. Get Wall Street's Hottest Chart Every Morning Gartner Inc IT reported fourth-quarter sales growth of 8% year-on-year to $1.72 billion, beating the analyst consensus ...

https://www.benzinga.com/25/02/43466994/consulting-firm-gartner-posts-q4-above-street-view-stocks-rise

Compared to Estimates, Gartner ( IT ) Q4 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Gartner (IT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

https://www.zacks.com/stock/news/2409143/compared-to-estimates-gartner-it-q4-earnings-a-look-at-key-metrics

Gartner ( IT ) Q4 Earnings and Revenues Top Estimates

Gartner (IT) delivered earnings and revenue surprises of 69.25% and 1.80%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2408906/gartner-it-q4-earnings-and-revenues-top-estimates

Gartner Set to Report Q4 Earnings: Here's What You Should Know

IT's top line in the fourth quarter of 2024 is likely to have gained from higher contract value from clients and a surge in destination conferences.

https://www.zacks.com/stock/news/2407610/gartner-set-to-report-q4-earnings-heres-what-you-should-know

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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.

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.