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IT $518

IT target price
518.00
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220
Gartner, Inc.
Type
Public company
Traded as
  • NYSE: IT
  • S&P 500 component
Industry Research
Founded 1979; 38 years ago (1979) by Gideon Gartner
Headquarters Stamford, Connecticut, U.S.A
Key people
  • Gene Hall (CEO)
  • Craig Safian (CFO)
  • Mike Diliberto (CIO)
Products
  • Research
  • Consulting
  • Events
Revenue IncreaseUS$2.44 billion (2016)
Operating income
IncreaseUS$457.1 million (2016)
Net income
DecreaseUS$193.6 million (2016)
Total assets IncreaseUS$2.17 billion (2015)
Total equity DecreaseUS$-132 million (2015)
Number of employees
8,813 (2016)
Website Gartner.com

Gartner, Inc. is an American research and advisory firm providing information technology related insight for IT and other business leaders located across the world. Its headquarters are in Stamford, Connecticut, United States. It was known as Gartner Group, Inc until 2000, when it was then changed to Gartner.

Research provided by Gartner targets CIOs, senior IT, marketing and supply chain leaders. Gartner clients include large corporations, government agencies, technology companies and the investment community. The company consists of Research, Executive Programs, Consulting and Events. Founded in 1979, Gartner has over 8,100 employees, including 1,280 in research, located in 85 countries.

Gartner uses hype cycles and Magic Quadrants for visualization of its market analysis results.

The company was founded in 1979 by Gideon Gartner. Originally a private company, the Gartner Group was launched publicly the first time in the 1980s, then acquired by Saatchi & Saatchi, a London-based advertising agency, and then acquired in 1990 by some of its executives, with funding from Bain Capital and Dun & Bradstreet. The company went public again in 1993. In 2000 the name was simplified to Gartner.

Gene Hall has been the CEO of the company since August 2004.

In the course of its growth, Gartner has acquired numerous companies providing related services, including Real Decisions—which became Gartner Measurement, now part of Gartner's consulting division—and Gartner Dataquest, a market research firm. It has also acquired a number of direct competitors, including NewScience in the late 1990s, Meta Group in 2005, AMR Research and Burton Group in early 2010, and Ideas International in 2012.

In March 2014 Gartner announced that it had acquired the privately held company Software Advice for an undisclosed amount.

In July 2015, Gartner acquired Nubera, the business app discovery network that owns properties like GetApp, AppStorm, AppAppeal or CloudWork. Terms of the deal were not disclosed. In September 2015 it acquired the privately held company Capterra.

In June 2016 Gartner announced that it had acquired the privately held company SCM World, headquartered in London, U.K.

On January 5, 2017 Gartner announced it had reached an agreement to acquire CEB, Inc. in a cash and stock deal worth about US$2.6 billion.

Gartner has had a major controversy in forecasts. In 2009, Gartner predicted the PC market would experience the "sharpest unit decline in history", and a few quarters later it reported "strongest growth rate in seven years". The Actual Shipment Decline started the year 2010., reaching peak decline in 2016

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2023-02-07 Future report Set alerts
Q3 2022 2022-11-01 2.41 2.41
Q2 2022 2022-08-02 2.85 2.85
Q1 2022 2022-05-03 2.33 2.33
Q4 2021 2022-02-08 2.99 2.99
Q3 2021 2021-11-02 2.03 2.03
Q2 2021 2021-08-03 2.24 2.24
Q1 2021 2021-05-04 2.00 2.00
Q4 2020 2021-02-09 1.59 1.59
Q3 2020 2020-11-03 0.91 0.91

Ratings

2016-05-09 Boost Price Target RBC Capital Sector Perform $89.00 to $94.00
2016-05-09 Boost Price Target Royal Bank Of Canada Sector Perform $89.00 to $94.00
2016-05-08 Reiterated Rating Robert W. Baird Buy
2016-03-22 Initiated Coverage Sterne Agee CRT Buy $105.00
2016-02-12 Reiterated Rating Cantor Fitzgerald Buy $93.00
2016-02-12 Reiterated Rating William Blair Buy
2016-02-05 Lower Price Target BMO Capital Markets Market Perform $89.00 to $85.00
2016-02-05 Reiterated Rating FBR & Co. Hold
2016-02-05 Lower Price Target RBC Capital Sector Perform $91.00 to $89.00
2016-02-05 Lower Price Target Barclays Equal Weight $94.00 to $88.00
2016-02-05 Reiterated Rating FBR & Co Hold
2016-02-05 Lower Price Target Barclays PLC Equal Weight $94.00 to $88.00
2016-02-04 Reiterated Rating Cantor Fitzgerald Buy $98.00
2016-01-25 Initiated Coverage Atlantic Securities Overweight $110.00
2015-12-17 Reiterated Rating Barclays Equal Weight $87.00 to $94.00
2015-11-09 Initiated Coverage Cantor Fitzgerald Buy $98.00
2015-11-08 Lower Price Target RBC Capital Sector Perform $90.00 to $88.00
2015-11-06 Lower Price Target FBR & Co. Market Perform $81.00 to $78.00
2015-11-02 Boost Price Target RBC Capital Sector Perform $88.00 to $90.00
2015-10-09 Reiterated Rating William Blair Buy
2015-09-24 Initiated Coverage Morgan Stanley Equal to Equal Weight $90.00
2015-08-03 Boost Price Target Credit Suisse Outperform $95.00 to $98.00
2015-08-03 Boost Price Target Credit Suisse Group AG Outperform $95.00 to $98.00
2015-07-10 Reiterated Rating Barclays Hold $80.00 to $84.00
2015-05-15 Downgrade Goldman Sachs Buy to Neutral $90.00
2015-05-15 Downgrade Goldman Sachs Group Inc. Buy to Neutral $90.00
2015-05-08 Boost Price Target RBC Capital Sector Perform $83.00 to $86.00
2015-02-10 Lower Price Target RBC Capital Sector Perform $88.00 to $83.00
2015-02-06 Lower Price Target Barclays Equal Weight $87.00 to $80.00
2015-02-06 Set Price Target FBR & Co. Hold $86.00 to $81.00
2014-12-18 Reiterated Rating William Blair Buy
2014-11-07 Reiterated Rating Barclays Equal Weight $77.00 to $87.00
2014-11-06 Reiterated Rating Credit Suisse Outperform $85.00 to $95.00
2014-11-06 Boost Price Target FBR & Co. Market Perform $66.00 to $79.00
2014-10-27 Reiterated Rating Barclays Equal Weight $80.00 to $77.00
2014-10-24 Downgrade Stifel Nicolaus Buy to Hold $77.00
2014-09-09 Initiated Coverage Credit Suisse Outperform
2014-05-02 Boost Price Target Barclays Equal Weight $72.00 to $80.00
2014-05-02 Boost Price Target BMO Capital Markets $69.00 to $75.00
2014-03-31 Reiterated Stifel Buy $70 to $76
2014-03-31 Boost Price Target Stifel Nicolaus Buy $70.00 to $76.00
2014-03-24 Downgrade Wells Fargo & Co. Outperform to Market Perform $68.00 to $73.00
2014-03-24 Downgrade Wells Fargo Outperform to Market Perform $68.00 to $73.00
2014-03-03 Upgrade Ned Davis Research Neutral to Buy
2014-02-12 Initiated Coverage Wells Fargo & Co. Outperform
2014-02-12 Initiated Coverage Wells Fargo Outperform
2014-02-07 Boost Price Target BMO Capital Markets $61.00 to $69.00
2014-01-29 Boost Price Target Barclays Equal Weight $70.00 to $75.00
2014-01-16 Upgrade Goldman Sachs Neutral to Buy $85.00
2014-01-10 Initiated Coverage RBC Capital Sector Perform $73.00
2013-12-11 Initiated Coverage Credit Suisse Outperform
2013-12-09 Boost Price Target Stifel Nicolaus Buy $67.00 to $76.00
2013-11-21 Initiated Coverage FBR & Co. Market Perform
2013-11-20 Initiated Coverage FBR & Co. Market Perform $67.00
2013-09-20 Initiated Coverage Goldman Sachs Neutral $60.00
2013-05-03 Upgrade Robert W. Baird Neutral to Outperform $56 to $64
2012-09-24 Downgrade Northland Securities Outperform to Market Perform
2012-05-04 Reiterated Northland Securities Outperform $46 to $50
2011-05-05 Reiterated Boenning & Scattergood Outperform $41 to $48
2011-02-09 Reiterated Boenning & Scattergood Outperform $36 to $41
2010-11-04 Reiterated Boenning & Scattergood Outperform $33 to $36
2010-08-10 Reiterated Boenning & Scattergood Outperform $29 to $33
2010-02-10 Reiterated Boenning & Scattergood Outperform $24 to $26
2010-01-07 Upgrade Piper Jaffray Neutral to Overweight $19 to $27
2009-08-17 Upgrade JP Morgan Neutral to Overweight $17 to $23
2016-05-09 Boost Price Target RBC Capital Sector Perform $89.00 to $94.00
2016-05-09 Boost Price Target Royal Bank Of Canada Sector Perform $89.00 to $94.00
2016-05-08 Reiterated Rating Robert W. Baird Buy
2016-03-22 Initiated Coverage Sterne Agee CRT Buy $105.00
2016-02-12 Reiterated Rating Cantor Fitzgerald Buy $93.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HALL EUGENE A CEO 1.32%  (1173835) IT /
SMITH JAMES C 0.90%  (796521) IT /
GRABE WILLIAM O 0.15%  (131105) COVS / CPWR / IT / QTS /
Davis Kendall B SVP, End User Programs 0.12%  (110788) IT /
Sondergaard Peter SVP, Research 0.12%  (105145) IT /
Hrelic Darko SVP & CIO 0.09%  (81047) IT /
SCHWARTZ LEWIS G SVP, Gen Counsel 0.08%  (68991) IT /
CESAN RAUL E 0.07%  (64843) IT / NYT /
PAGLIUCA STEPHEN G 0.06%  (56026) HCA / IT /
LAFOND CHRISTOPHER CFO & EVP 0.05%  (41835) IL / IT /
Dawkins Alwyn SVP, Events 0.04%  (32133) IT /
KUTNICK DALE SVP 0.03%  (29006) GLCH / IT /
Safian Craig SVP & CFO 0.03%  (28717) IT /
Bingle Michael J 0.03%  (28516) IT /
FUCHS ANNE SUTHERLAND 0.03%  (25181) IT / PBI /
YOO MICHAEL J SVP, HTTP 0.02%  (19964) IT /
BRESSLER RICHARD J 0.02%  (19313) CCO / IT /
DYKSTRA KAREN E 0.02%  (18223) AOL / BXP / IT / VMW /
Christopher MR Thomas SVP, EXP 0.02%  (18168) IT /
Kranich Robin B SVP, Human Resource 0.02%  (17420) IT /
McVeigh David K SVP, New Market Programs 0.01%  (9968) IT /
Beck Joseph P. EVP, Global Technology Sales 0.01%  (9244) IT /
GODFREY DAVID SVP Worldwide Sales 0.01%  (4714) IT /
Diliberto Michael Fox SVP, Chief Information Officer 0.01%  (4641) IT /