IT (Gartner, Inc.) Stock Analysis - News

Gartner, Inc. (IT) is a publicly traded Technology sector company. As of May 19, 2026, IT trades at $163.32 with a market cap of $9.79B and a P/E ratio of 15.39. IT moved +5.03% today. Year to date, IT is -34.43%; over the trailing twelve months it is -65.33%. Its 52-week range spans $139.18 to $584.01. Analyst consensus is neutral with an average price target of $168.13. Rallies surfaces IT's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in IT news today?

Gartner Forecasts 47% Jump to $2.59T AI Spending; Shares Outperform: Gartner forecasts global AI spending will hit $2.59 trillion in 2026, up 47%, with AI infrastructure capturing over 45% of budgets and AI-optimized server spending set to triple in five years. Gartner shares outperformed competitors on a strong trading day as investors responded to robust AI spending projections.

IT Key Metrics

Key financial metrics for IT
MetricValue
Price$163.32
Market Cap$9.79B
P/E Ratio15.39
EPS$10.09
Dividend Yield0.00%
52-Week High$584.01
52-Week Low$139.18
Volume438.85K
Avg Volume0
Revenue (TTM)$6.47B
Net Income$740.64M
Gross Margin69.34%

Latest IT News

IT Analyst Consensus

10 analysts cover IT: 0 strong buy, 3 buy, 6 hold, 1 sell, 0 strong sell. Consensus rating is neutral. Average price target: $168.13.

Common questions about IT

What changed in IT news today?
Gartner Forecasts 47% Jump to $2.59T AI Spending; Shares Outperform: Gartner forecasts global AI spending will hit $2.59 trillion in 2026, up 47%, with AI infrastructure capturing over 45% of budgets and AI-optimized server spending set to triple in five years. Gartner shares outperformed competitors on a strong trading day as investors responded to robust AI spending projections.
Does Rallies summarize IT news?
Yes. Rallies summarizes IT news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is IT research on Rallies investment advice?
No. Rallies provides research, data, and educational context for IT. It does not provide personalized investment advice.
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