Gartner jumps as Morgan Stanley lifts price target to $528

ITIT

Gartner shares are higher Wednesday after Morgan Stanley raised its price target to $528 from $490 while reiterating an Equal-Weight rating. The move adds fresh support ahead of Gartner’s next earnings report, expected May 5, 2026.

1. What’s moving the stock today

Gartner (NYSE: IT) climbed about 3% in Wednesday trading after Morgan Stanley raised its price target to $528 from $490 and kept an Equal Weight rating on the shares. (tipranks.com)

2. Why this matters right now

After a sharp reset in sentiment earlier in 2026 tied to cautious 2026 outlook commentary and contract-value growth concerns, incremental target increases can carry outsized influence—especially when the stock is trading well below many long-term valuation anchors used by large institutions. With Q1 results approaching, investors are recalibrating expectations for subscription growth, consulting demand, and the pace of any re-acceleration management has discussed for 2026. (investor.gartner.com)

3. What to watch next

The next near-term catalyst is Gartner’s Q1 earnings report, which market calendars peg for May 5, 2026. Investors will focus on updated 2026 outlook commentary and signals on contract value trends, as well as capital return cadence following the board’s January 29, 2026 authorization for an additional $500 million of repurchases. (benzinga.com)