Gartner, IncNYSE: IT
Information Technology · IT Consulting & Other Services
$148.83
-5.34%
Vol: 65K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Gartner stock surged ~7% on May 18-19, 2026, climbing $7.10 to $162.53 as investors revisited its raised 2026 outlook and $600M added buyback authorization following Q1 beat.Positive▶
Gartner shares jumped roughly 7% on May 18, 2026, and added another $7.10 to close at $162.53 on May 19, 2026, as the market re-rated the stock after its Q1 2026 results. Q1 adjusted EPS was $3.32 versus $2.92 expected on $1.51B revenue. Management raised full-year targets for adjusted EBITDA, EPS and free cash flow, while the board added $600M to share repurchase authorization on top of $535M in quarterly buybacks. Q1 diluted EPS rose 17.3% to $3.18 and free cash flow climbed 28.7% to $371M, though revenue contracted 4% in constant currency with consulting down 17%. RBC, Goldman Sachs and Morgan Stanley cut price targets while UBS and BMO nudged theirs higher.
May 20Gartner raises 2026 outlook on strong Q1 profitability and adds $600M to share repurchase plan.Mixed▶
Gartner reported Q1 2026 adjusted EPS of $3.32 versus $2.92 expected, powered by margin expansion in its Insights segment and aggressive share repurchases, though revenue of $1.51B was flat YoY. The company raised full-year 2026 targets for adjusted EBITDA, EPS, and free cash flow while trimming revenue expectations slightly. The board expanded the share repurchase authorization by $600 million after buying back $535 million in Q1. The stock rallied roughly 7% on May 18-19, reaching $162.53. RBC, Goldman Sachs, and Morgan Stanley cut price targets, while UBS and BMO nudged theirs modestly higher. RBC flagged contract value growth slowed to roughly 3.5% ex-federal due to Middle East-related deal delays. A securities class action deadline passed on May 18.
May 19Gartner stock jumped ~7% May 18 after Q1 EPS of $3.32 (vs. $2.92 est) and raised 2026 EBITDA/EPS/FCF guide plus $600M buyback authorization addition, though revenue growth concerns persist.Mixed▶
Gartner reported Q1 2026 results on May 5, with adjusted EPS of $3.32 beating consensus of $2.92, while revenue of $1.51B was flat YoY and in line with estimates. Diluted EPS rose 17.3% to $3.18 and free cash flow climbed 28.7% to $371M. Management raised full-year 2026 adjusted EBITDA, EPS, and free cash flow targets while trimming revenue guidance slightly, and the board authorized an additional $600M to the share repurchase program ($535M was repurchased in Q1). Q1 contract value growth slowed to ~3.5% ex-federal due partly to Middle East deal delays, which management says largely closed in April. The stock rallied roughly 7% on May 18. A securities class-action deadline expired May 18; RBC, Goldman, and Morgan Stanley cut price targets while UBS and BMO modestly raised theirs.
May 18Gartner faces a May 18, 2026 securities class action deadline as multiple law firms issue investor alerts following Q1 results posted May 5.Mixed▶
Multiple law firms (Bernstein Liebhard, Gross Law Firm) issued reminders that today, May 18, 2026, is the deadline for Gartner investors with losses to seek lead plaintiff status in a pending securities class action. The legal overhang follows Q1 2026 results posted earlier in the month where Contract Value accelerated and the company raised full-year Adjusted EBITDA, EPS and free cash flow guidance while repurchasing $535M of stock. Gartner also published several thought-leadership pieces over the past 48 hours, including a survey ranking information integrity risk as the top emerging risk for Q1 2026, and forecast AI agent software spending will reach $206.5B in 2026. The class action deadline creates near-term headline risk that could weigh on shares despite operationally solid Q1 metrics.
May 15Gartner Q1 EPS rose 17.3% to $3.18 with $600M buyback add, but securities class action deadline looms May 18Mixed▶
Gartner reported Q1 2026 diluted EPS up 17.3% to $3.18 with free cash flow up 28.7% to $371M, and the board added $600M to share repurchase authorization alongside $535M in quarterly buybacks. Research segment revenue rose 4.7% YoY to $1.47B, though total revenue contracted 4% in constant currency due to a 17% drop in consulting following last year's digital marketing divestiture. The board also raised full-year 2026 guidance. Investors with losses had until May 18 to join a securities class action. Gartner published several AI-themed research notes flagging information integrity as the top emerging Q1 risk.
May 14Gartner beats Q1 with raised guidance and $600M buyback boost but legal overhang lingers ahead of May 18 lawsuit deadlineMixed▶
Gartner reported Q1 2026 on May 5 with revenue of $1.51B and adjusted EPS of $3.32, beating consensus of $2.99. Free cash flow rose 28.7% to $371M and diluted EPS climbed 17.3% to $3.18. The board added $600M to the share repurchase authorization on top of $535M of Q1 buybacks, and management raised full-year guidance for Adjusted EBITDA, EPS and free cash flow. Consulting segment revenue fell 17% following the digital marketing divestiture, and total constant-currency revenue contracted 4%. A securities class-action lawsuit deadline arrives May 18, 2026, creating overhang. Stock fell 3.06% on May 11 to $153.80.
May 13Gartner stock fell 3.06% to $153.80 on May 11 amid SaaS sector pessimism despite Q1 EPS beat of $3.32 vs $2.99 and $600M added to buyback authorizationMixed▶
Gartner shares declined 3.06% from $158.65 to $153.80 on Monday May 11, 2026, with valuation now near 2009-era lows driven by SaaS sector pessimism and aggressive short selling. The drop comes despite strong Q1 2026 results posted May 5: revenue of $1.51 billion and adjusted EPS of $3.32 beat the $2.99 consensus, with diluted EPS up 17.3% to $3.18 and free cash flow up 28.7% to $371 million. Management raised full-year Adjusted EBITDA, Adjusted EPS, and free cash flow guidance and added $600M to the share repurchase authorization on top of $535M already repurchased in Q1. Separately, The Gross Law Firm reminded investors of a securities class action deadline on May 18, 2026. Gartner also hosted its Data & Analytics Summit in London the week of May 11. Risk: ongoing AI disruption narrative and pending litigation create overhang on rating.
May 12Gartner shares fell 3.06% on May 11 as multiple law firms publicized a pending securities class-action with a May 18 lead-plaintiff deadline tied to alleged misstatements.Negative▶
On May 8-11, 2026 multiple plaintiff law firms (including The Gross Law Firm) circulated investor alerts reminding shareholders of the May 18, 2026 lead-plaintiff deadline in a pending securities-fraud class action against Gartner. The stock dropped from $158.65 to $153.80 on May 11. Why it matters: the suit covers a roughly one-year class period and alleges material misstatements, adding legal/disclosure overhang on top of an otherwise strong Q1 (revenue $1.51B, adj EPS $3.32 beat, FY guidance raised, $600M added to buyback). Bear case: discovery could surface contract-value or sales disclosure issues, and litigation costs may pressure the just-raised margin outlook.
May 11Gartner beat Q1 2026 profit estimates with adjusted EPS of $3.32 (13.6% above consensus), raised full-year outlook, and expanded buyback authorization by $600M.Positive▶
Gartner reported Q1 2026 results on May 5, 2026, with revenue of $1.51 billion meeting expectations but down 1.5% YoY. Non-GAAP profit of $3.32 per share beat consensus by 13.6%. Diluted EPS rose 17.3% to $3.18, adjusted EPS up 11.4% to $3.32, and free cash flow jumped 28.7%. Contract Value reached $5.3 billion, up 1% with sequential acceleration. The company repurchased $535 million of stock in Q1 and the board expanded share repurchase authorization by $600 million. Gartner raised full-year adjusted EBITDA, adjusted EPS, and free cash flow guidance. Management expects adjusted EPS growth above 12% compounded over next three years. The Gross Law Firm reminded investors of a pending class action lawsuit with a lead plaintiff deadline of May 18, 2026.
May 8Raised FY EPS guidance to $13.25; expanded $600M buyback after strong Q1 with CV accelerationPositive▶
Gartner reported Q1 2026 revenue of $1.51 billion with net income of $222.34 million, earnings per share ahead of the prior year. Contract Value accelerated in the quarter, with Insights revenue, Adjusted EBITDA, Adjusted EPS, and free cash flow all exceeding expectations. The Board of Directors increased the share repurchase authorization by $600 million in April 2026, with $535 million of stock repurchased in the quarter. EPS guidance of $13.25 (vs. consensus $13.19) and revenue guidance of $6.4B signal strong momentum in AI-driven demand for analytics.
May 7Gartner Q1 2026 revenue misses as geopolitical issues slow client decision-making, but AI demand remains strongMixed▶
Gartner reported Q1 2026 revenue of $1.51 billion, down 1.5% year-over-year, while non-GAAP EPS of $3.32 exceeded consensus by 13.6%. The company expanded its insights library by 19% and rolled out same-day event-driven insights. Geopolitical developments led to softer new business, particularly in transportation and financial services sectors, with many deals delayed into April. Management projects stabilization in U.S. federal government business and growth in software and IT services to offset continued weakness in hardware and telecom. The AI market remains a key growth driver with strong client demand for objective guidance on AI strategy and ROI.
May 6Gartner Reports Q1 2026 Results; Boosts FY26 EPS Outlook Despite Stock DeclineMixed▶
Gartner reported Q1 2026 financial results with adjusted EPS guidance increased to $13.25 for FY26 from $12.30. Contract Value accelerated, and Insights revenue, Adjusted EBITDA, and free cash flow exceeded expectations. The Board increased share repurchase authorization by $600 million, with $535 million repurchased this quarter. However, company faces challenges with autonomous business deployments showing 80% workforce reductions without ROI translation, and stock has declined 64.6% over the past year.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| IBMINTL | $267.22 | +5.63% | +13.6% | 18.8x | 0.58 | $237.8B |
| ACNACCENTURE | $170.81 | -3.97% | +0.2% | 11.9x | 1.07 | $109.5B |
| CTSHCOGNIZANT | $51.18 | -2.18% | +1.8% | 8.5x | 0.80 | $24.7B |
| ITGARTNER | $148.83 | -5.34% | +1.1% | 10.3x | 0.91 | $10.5B |
| EPAMEPAM | $95.92 | -7.05% | +2.7% | 7.3x | 1.45 | $5.4B |
| NVDANVIDIA | $208.96 | -4.81% | -1.3% | 18.9x | 2.24 | $5.32T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.