Gartner, Inc.

(New York Stock Exchange)
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Bullish +65

Gartner stock gains 4.78 percent after strong Q2 results

Earnings report Guidance raised AI-generated analysis

πŸ“ˆ Gartner stock surged 4.78% to $187.90 following a Q2 earnings beat where adjusted EPS of $4.37 exceeded the $3.77 consensus estimate by 15.9%.

πŸš€ Full-year adjusted EPS guidance was raised to at least $14.00, up from $13.25, alongside an increased free cash flow outlook of at least $1.19 billion.

πŸ’° Revenue reached $1.68 billion, beating the $1.65 billion consensus, though reported revenue dipped 0.6% YoY due to the prior-year divestiture of Digital Markets.

πŸ“Š Conferences revenue grew 15.5% to $244 million, providing a strong recurring revenue base that supports the company's long-term outlook.

⚠️ Consulting revenue declined 8.8% to $142 million, presenting a headwind that analysts note as a concrete counterweight to overall growth.

🀝 Global contract value increased 1.7% year over year to $5.28 billion, indicating continued demand for Gartner's research and advisory services.

πŸ“‰ Analysts maintained a Hold rating with an average price target of $187.30, which sits slightly below the current market price of $187.90.

🏒 The company operates in the Technology / Information Technology Services sector with a market capitalization of $12.6 billion as of late September 2026.

Bullish Signals
  • Gartner delivered adjusted EPS of $4.37 in Q2 2026, beating the consensus estimate of $3.77 by 15.9% and exceeding year-over-year growth.
  • The company raised its full-year adjusted EPS guidance to at least $14.00 from $13.25 and lifted free cash flow guidance to at least $1.19 billion.
  • Revenue of $1.68 billion surpassed the consensus estimate of $1.65 billion, demonstrating strong top-line execution despite macro headwinds.
  • Conferences revenue grew 15.5% to $244 million, highlighting a robust recurring revenue stream that supports future profitability.
  • Global contract value increased 1.7% year over year to $5.28 billion, reflecting sustained demand for the company's core research products.
Risk Factors
  • Reported revenue declined 0.6% year over year, although this is partly explained by the divestiture of the Digital Markets operation in the prior-year comparison.
  • Consulting revenue fell 8.8% to $142 million, which analysts identify as a concrete counterweight to the positive performance in other segments.
  • Analysts maintained a consensus Hold rating with an average price target of $187.30 that is slightly below the current stock price of $187.90.
Full Analysis
Gartner Inc. reported strong second-quarter 2026 financial results, driving its stock price up 4.78% to close at $187.90 on the NYSE. The company delivered adjusted earnings per share of $4.37, significantly beating the consensus estimate of $3.77 by 15.9% and exceeding year-over-year growth. This robust profitability was accompanied by a raised full-year adjusted EPS guidance to at least $14.00, up from the previous outlook of $13.25. Revenue for the quarter reached $1.68 billion, slightly surpassing analyst expectations of $1.65 billion. While reported revenue declined 0.6% year over year, this decrease is attributed to the divestiture of Gartner's Digital Markets operation in the prior-year comparison rather than a decline in core business performance. The company also reported global contract value increasing by 1.7% to $5.28 billion. Segment analysis revealed that conferences revenue grew 15.5% to $244 million, providing a strong recurring revenue stream that supports the company's outlook. Conversely, consulting revenue fell 8.8% to $142 million, which analysts view as a counterweight to the overall growth. Gartner also lifted its free cash flow guidance to at least $1.19 billion, reflecting improved operational efficiency and cash generation capabilities. Despite the positive earnings beat and raised guidance, Wall Street analysts maintained a consensus Hold rating with an average price target of $187.30. This target remains slightly below the current trading price, suggesting that while the immediate results were strong, the market is pricing in future expectations that align closely with the current valuation levels.