Gartner Inc Dossier
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SectorInformation Technology IndustryInformation Technology Services Beta (adjusted)0.94 Intrinsic Value $390.04median of 5 methods · middle span $296-$532based on filings through 30 Jun 2026 Market Price $192.80Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 102% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+102%) Data confidence Sign in to view data confidence Market Cap $12.2B Enterprise Value $13.7B Shares Outstanding 66.3M diluted Moat Rating Wide Next Earnings Date3 Nov 2026 Last ex-dividend19 Jul 1999 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Gartner's second-quarter 2026 results present a balanced investment case. FX-neutral adjusted-revenue growth was only 1.8%, but adjusted EBITDA excluding the divested operation increased 4.4% FX-neutral, adjusted EPS rose 23.8%, and free cash flow rose 8.9%. The operating model is therefore producing faster earnings and cash-flow growth than revenue growth, while Gartner's own forecasts indicate strong expansion in worldwide IT and AI spending. A Hold rating reflects the tension between strong execution and secular demand on one side and modest current top-line growth on the other. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$150.00 Mean target$185.77 High · most bullish analyst$229.00 Street targets sit below today's price; our intrinsic value sits above it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $150.0022% Adjusted-revenue growth stalls or turns negative despite robust underlying technology spending, indicating weaker client demand or competitive pressure. Operating leverage then works in reverse, causing adjusted-EPS and free-cash-flow growth to normalize or contract and prompting valuation compression. Base CaseCentral scenario $185.7758% Matches the consensus meanAdjusted-revenue growth remains modest but positive, while operating leverage, disciplined spending and cash generation preserve materially faster growth in adjusted EPS and free cash flow. Bull CaseUpside scenario $240.0020% Worldwide IT and AI spending expand near Gartner's latest forecasts, client demand strengthens, and adjusted-revenue growth reaccelerates while cost discipline sustains earnings and free-cash-flow growth. Under this outcome, stronger recurring growth and execution support a higher valuation. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |