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Gartner, Inc. - IT STOCK NEWS

Welcome to our dedicated page for Gartner news (Ticker: IT), a resource for investors and traders seeking the latest updates and insights on Gartner stock.

Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company focused on information technology. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner provides critical insights and advice indispensable to decision-makers worldwide. The company serves over 9,000 enterprises globally, including corporate IT leaders, government agencies, high-tech and telecom enterprises, and professional services firms, as well as technology investors.

Gartner's offerings are segmented into three main business units: Research, Conferences, and Consulting. The Research segment, which contributes the majority of Gartner's revenue, delivers in-depth analysis and actionable recommendations via reports, briefings, and updates directly to clients' desktops. The Conferences segment organizes global events and forums where industry leaders share insights and network. The Consulting segment offers tailored advice to help organizations implement strategic initiatives and optimize IT investments.

With a team of over 1,480 research analysts and consultants among its 6,400 associates, Gartner has the expertise to cover a wide range of technology-related topics. The company is recognized for its comprehensive research methodologies and independent analysis, ensuring that clients receive objective and reliable information.

Gartner's recent achievements include expanding its global footprint, enhancing its digital platforms, and fostering strategic partnerships to deliver more value to its clients. The company's financial health is robust, with steady revenue growth driven by its diverse service offerings and strong client base in 85 countries.

Gartner continues to be a trusted partner to its clients, providing the essential insights needed to navigate the ever-evolving technology landscape. Stay updated with the latest news, reports, and analysis from Gartner to make informed decisions and stay ahead in the competitive market.

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Gartner, Inc. reported a contract value of $4.8 billion, an 8% increase year over year (YoY) in FX neutral terms. Revenues for the fourth quarter of 2023 were $1.6 billion, a 5% increase as reported and a 4% increase in FX neutral terms. Net income saw a 19% decrease, while adjusted EBITDA decreased by 8% as reported and 9% in FX neutral terms. For the full year 2023, revenues were $5.9 billion, an 8% increase as reported and in FX neutral terms. Net income increased by 9%, and adjusted EBITDA increased by 1% as reported and 2% in FX neutral terms. The company repurchased 1.8 million common shares for $0.6 billion, resulting in a 1% reduction in outstanding share count YoY. Gartner's CEO, Gene Hall, expressed confidence in the company's performance and introduced guidance that is achievable across a wide range of economic scenarios, with the opportunity for upside.
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Gartner, Inc. (NYSE: IT) will be hosting the Gartner Tech Growth & Innovation Conference in Grapevine, Texas on March 20-21, 2024. The conference will focus on macro trends such as GenAI, economic uncertainty, and evolving B2B customer demands, with an emphasis on growth engines and customer and revenue growth priorities. Keynote speakers include Gartner VP Analysts and industry experts, covering topics like Innovate and Deliver Products, Elevate Marketing Impact, Drive Holistic Customer Growth, and Maximize GenAI and Tech Investments. Full-time journalists from editorial publications can register for a press pass by contacting Matt.LoDolce@Gartner.com.
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Gartner, Inc. (NYSE: IT) will report its financial results for fourth quarter 2023 before the market opens on Tuesday, February 6, 2024. The press release and earnings supplement, with accompanying financial information, will be posted on the Gartner investor website at https://investor.gartner.com. The Company plans to host a webcast call at 8:00 a.m. ET to discuss its financial results for the quarter. Call Access Process Listeners can access the webcast live at https://edge.media-server.com/mmc/p/8au4rmz5 . A replay of the webcast will be available for approximately 30 days following the call. To participate actively in the live call via dial-in, please register at https://register.vevent.com/register/BIe86287ab7c5c4158baacfa155679d9d9 . Once registered, participants will receive a dial-in number and a unique PIN to access the call.
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Gartner, Inc. (NYSE: IT) is hosting the Gartner CFO and Finance Executive Conference 2024 on 26-27 February 2024 at Hilton Sydney, Australia. The conference will address the challenges faced by CFOs and finance executives due to slowing growth, high inflation, talent scarcity, and supply constraints. The theme 'Autonomous Finance: Unlock Growth Opportunities and Minimize Downside Risk' will explore strategies for organizations to thrive in the current economic cycle. Keynotes and guest speakers include Gartner analysts, Nisha Bhandare and Clement Christensen, as well as renowned AI researcher, Toby Walsh. Attendees will have access to live demos, case studies, and solution providers at the forefront of finance technology.
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Gartner, Inc. reported strong Q3 2023 results with revenues of $1.4 billion (+5.8% YoY), net income of $180 million (+3.7% YoY), and adjusted EBITDA of $333 million (+0.6% YoY). Diluted EPS increased to $2.26 (+4.1%), and adjusted EPS rose to $2.56 (+6.2%). Operating cash flow reached $331 million (+5.1%), and free cash flow amounted to $302 million (+6.9%). The company repurchased 0.6 million common shares for $209 million and increased the share repurchase authorization by $500 million. Gartner is optimistic about its performance in 2023 and beyond.
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Gartner, Inc. to report Q3 2023 financial results
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Worldwide IT spending projected to increase by 8% in 2024, driven by investment in AI and automation. GenAI not expected to have a material impact until 2025. Cloud spending to drive double-digit growth in software and IT services segments. Cybersecurity spending also increasing. Change fatigue causing hesitation in new IT spending.
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CIOs and Technology Executives Say GenAI is a Game-Changing Technology
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Gartner announces top strategic technology trends for 2024 at IT Symposium/Xpo
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Generative AI is transforming how humans and machines interact, according to Gartner. By 2025, GenAI will be a workforce partner for 90% of companies worldwide. CIOs play a major role in shaping AI and unlocking its value. Organizations should prioritize their AI ambition and become AI-ready. Everyday AI focuses on productivity, while game-changing AI is focused on creativity and can disrupt business models. CIOs can help define their organization's AI ambition by examining opportunities and risks in various areas. Few organizations have established lighthouse principles or a clear vision for AI. To adopt generative AI, organizations must establish AI-ready principles, make data AI-ready, and implement AI-ready security.
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FAQ

What is the current stock price of Gartner (IT)?

The current stock price of Gartner (IT) is $491.25 as of December 20, 2024.

What is the market cap of Gartner (IT)?

The market cap of Gartner (IT) is approximately 37.1B.

What does Gartner, Inc. specialize in?

Gartner, Inc. specializes in providing research and advisory services in the field of information technology.

Where is Gartner headquartered?

Gartner is headquartered in Stamford, Connecticut, USA.

When was Gartner founded?

Gartner was founded in 1979.

What are the main business segments of Gartner?

Gartner operates through three main business segments: Research, Conferences, and Consulting.

Who are Gartner’s typical clients?

Gartner's typical clients include corporate IT leaders, government agencies, high-tech and telecom enterprises, professional services firms, and technology investors.

How many research analysts and consultants does Gartner have?

Gartner has over 1,480 research analysts and consultants.

In how many countries does Gartner have clients?

Gartner has clients in 85 countries.

What is the primary revenue-generating segment for Gartner?

The primary revenue-generating segment for Gartner is the Research segment.

How does Gartner deliver its research to clients?

Gartner delivers its research to clients through reports, briefings, and updates directly to their desktops.

Does Gartner organize events and conferences?

Yes, Gartner organizes global events and forums where industry leaders share insights and network.

Gartner, Inc.

NYSE:IT

IT Rankings

IT Stock Data

37.07B
74.90M
2.86%
93.23%
1.51%
Information Technology Services
Services-management Services
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United States of America
STAMFORD