I reiterate my buy rating for Gartner stock, driven by improved demand and expected growth acceleration with increased sales force hiring. Gartner's Q3 revenue of $1.484 billion beat expectations, with strong growth in research and conference segments, despite a decline in consulting revenue. Management's revised FY24 guidance and robust new business pipeline indicate continued demand momentum,...
Gartner, Inc. (NYSE:IT ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants David Cohen - SVP, IR Gene Hall - Chairman & CEO Craig Safian - CFO Conference Call Participants Jeffrey Meuler - Baird Toni Kaplan - Morgan Stanley George Tong - Goldman Sachs Tom Rush - William Blair Joshua Chan - UBS Faiza Alwy - Deutsche Bank Manav Patnaik - Barclays Surinder Thind - J...
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today reported results for the third quarter of 2024 and updated its financial outlook for the full year 2024. Additional information regarding the Company's results as well as the updated 2024 financial outlook is provided in an earnings supplement available on the Company's Investor Relations website at https://investor.gartner.com. G...
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today announced that Craig Safian, EVP & CFO, will present at the J.P. Morgan Ultimate Services Investor Conference. Gartner's presentation is scheduled for 03:50 pm Eastern Time on Thursday, November 14, 2024. A link to the live webcast of the presentation will be available via the Company's web site at https://investor.gartner.com. A ...
ORLANDO, Fla.--(BUSINESS WIRE)--Worldwide IT spending is expected to total $5.74 trillion in 2025, an increase of 9.3% from 2024, according to the latest forecast by Gartner, Inc. “Current spending on generative AI (GenAI) has been predominantly from technology companies building the supply-side infrastructure for GenAI,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “CIOs will...
ORLANDO, Fla.--(BUSINESS WIRE)--Gartner, Inc. today announced its list of 10 top strategic technology trends that organizations need to explore in 2025. Analysts presented their findings during Gartner IT Symposium/Xpo, taking place here through Thursday. “This year's top strategic technology trends span AI imperatives and risks, new frontiers of computing and human-machine synergy,” said Gene ...
ORLANDO, Fla.--(BUSINESS WIRE)--A Gartner, Inc. survey of 451 senior technology leaders in the second quarter of 2024, found that 57% of CIOs said they are tasked with leading an AI strategy in their enterprise. However, four emerging challenges are making it difficult for CIOs to deliver value with AI. “Because of the relentless innovation happening in the tech vendor race, CIOs feel like they...
I reiterate a 'Buy' rating for Gartner stock with a fair value of $520 per share, driven by strong retention and contract value growth. Gartner reported 6.9% revenue growth and a 13% increase in adjusted EPS, showcasing impressive wallet retention and expanding contract values. The high retention rate and pricing power enable Gartner to monetize existing customers, driving higher average revenu...
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