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ITGartner, Inc.Sell5.3·$136.32+1.91%
SellHigh Confidence
Investment thesis

Gartner screens compellingly cheap on a forward price-to-earnings multiple of 9.3x with a PEG of 0.58 and converts cash at 144% of net income, but revenue is declining and the Rule of 40 stands at only 15 — and the stock is in a full falling-knife setup with a death cross, price below all moving averages, and a failed momentum gate — leaving the valuation case dependent on a trend reversal that has not yet begun.

Thesis pillars

  • Declining Revenue Rule Of 40 FailureStable
  • Subscription Concentration Revenue CliffStable
  • Attractive Valuation Strong Cash ConversionStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Gartner, Inc. (IT) Stock Analysis

Falling Knife setup

SellVALUE-TRAP 1/5High Confidence

Technology · Information Technology Services

Sell if holding. At $136.32, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 5.3%; Concentration risk — Product: subscription-based insights products (78.0%).

Gartner delivers research, advisory, and consulting services to over 13,000 enterprises in approximately 90 countries through three segments: Business and Technology Insights, Conferences, and Consulting. Subscription products accounted for approximately 78% of 2025 revenues;... Read more

$136.32+5.3% A.UpsideScore 5.3/10#27 of 46 Information Technology Services
QualityF-score6 / 9FCF yield11.66%
Stop $126.78Target $143.55(analyst − 13%)A.R:R 0.5:1
Analyst target$165.00+21.0%13 analysts
$143.55our TP
$136.32price
$165.00mean
$120
$203

Sell if holding. At $136.32, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 5.3%; Concentration risk — Product: subscription-based insights products (78.0%). Chart setup: Death cross, below all MAs, RSI 38, MACD bearish. Score 5.3/10, high confidence.

Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 32d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: speculative.

10-K grounded · weekly refresh

About Gartner, Inc.

About Gartner, Inc.

Gartner's subscription-based Business and Technology Insights segment generated approximately 78% of 2025 total revenues, with Consulting contributing roughly 9% and Conferences the remainder, across more than 13,000 enterprises in approximately 90 countries. Experts logged more than 510,000 direct client interactions in 2025; 53 in-person conferences drew more than 83,000 attendees including 12 Symposium/Xpo events. Gartner employed 20,244 people globally at December 31, 2025, with more than 2,400 business and technology experts located in more than 30 countries.

Gartner earns subscription revenue through Insights contracts typically structured as 12-month or longer commitments, with 77% of contracts multi-year at December 31, 2025 and a client retention rate of 85% in 2025 (84% in 2024). Within Insights, Global Technology Sales (GTS) targets technology users and providers while Global Business Sales (GBS) serves HR, supply chain, finance, and marketing leaders. Consulting engagements are project-based and non-recurring, and contract-optimization sub-practice revenue fluctuates significantly period to period. Conferences are event-driven and exposed to macroeconomic disruptions; the company's conference insurance explicitly excludes cancellations due to communicable diseases. In August 2025, Gartner launched AskGartner, a tool giving subscription clients faster access to research content. On February 5, 2026, the company completed the sale of Digital Markets for approximately $110.0 million.

Show full overview

Gartner's Insights subscription model faces a structural challenge from AI chatbots and large language models that may provide substantive answers directly to users, potentially reducing the need to visit Gartner portals. The 10-K acknowledges that search engines and LLMs update algorithms in ways that may reduce traffic to Gartner websites, and that chatbots may draw on Gartner content without directing users to the site. A $150.0 million goodwill impairment was recognized in the Digital Markets reporting unit during 2025, ahead of the February 2026 divestiture. Client retention of 85% in 2025 provides a near-term floor, but multi-year contracts subject to renewal and the competitive pressure of AI-generated content introduce ongoing execution risk.

See also: Technology · Information Technology Services

From Gartner, Inc.'s most recent 10-K filing, extracted June 10, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202632d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Risks
Concentration risk — Product: subscription-based insights products (78.0%)
Thin upside margin: 5.3%
Leverage penalty (D/E 52.9): -1.5

Key Metrics

P/E (TTM)13.5
P/E (Fwd)8.9
Mkt Cap$9.1B
EV/EBITDA8.1
Profit Mgn11.4%
ROE94.9%
Rev Growth-1.5%
Beta0.93
DividendNone
Rating analysts25

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C1.38bearish
IV65%elevated

Concentration Risks(10-K Item 1A)

  • HIGHProductsubscription-based insights products78%
    10-K Item 1A: 'subscription-based insights products and services ... constituted approximately 78% and 77% of total revenues from our operations for 2025 and 2024, respectively'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Ma Position
1.0
Volume
1.1
Macd
3.1
Rsi
3.5
Obv
4.0
Below 200-MA, MA slope -6.9%/30d — confirmed downtrend

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
1.1
Value Rank
4.9
Quality Rank
8.2
Superior ROE vs peers

Revenue shrinking — -1.5% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
2.1
Earnings Growth
5.5
Declining revenue: -2%
GatesMomentum 2.5<4.5A.R:R 0.5 < 1.5@spotDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 32d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARFalling KnifeSuitability: Speculative
RSI
38 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $124.25Resistance $171.33

Price Targets

$127
$144
A.Upside+5.3%
A.R:R0.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 2.5 (below the engine's 4.5 threshold)
! asymmetry at 0.5 (below the engine's 1.5 threshold)@spot
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-04 (32d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IT stock a buy right now?

Sell if holding. At $136.32, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 5.3%; Concentration risk — Product: subscription-based insights products (78.0%). Chart setup: Death cross, below all MAs, RSI 38, MACD bearish. Prior stop was $126.78. Score 5.3/10, high confidence.

What is the IT stock price target?

Take-profit target: $143.55 (+5.3% upside). Prior stop was $126.78. Stop-loss: $126.78.

What are the risks of investing in IT?

Concentration risk — Product: subscription-based insights products (78.0%); Thin upside margin: 5.3%; Leverage penalty (D/E 52.9): -1.5.

Is IT overvalued or undervalued?

Gartner, Inc. trades at a P/E of 13.5 (forward 8.9). TrendMatrix value score: 8.3/10. Verdict: Sell.

What do analysts say about IT?

25 analysts cover IT with a consensus score of 3.6/5. Average price target: $165.

What does Gartner, Inc. do?Gartner delivers research, advisory, and consulting services to over 13,000 enterprises in approximately 90 countries...

Gartner delivers research, advisory, and consulting services to over 13,000 enterprises in approximately 90 countries through three segments: Business and Technology Insights, Conferences, and Consulting. Subscription products accounted for approximately 78% of 2025 revenues; 77% of contracts were multi-year at December 31, 2025, with an 85% client retention rate.

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