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Major U.S. equities indexes slipped on Tuesday after data revealed an unexpected downtick in the country's services sector in July, while traders monitored the latest developments on tariffs.
Gartner, Inc. (NYSE:IT ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Craig W. Safian - Executive VP & CFO David Cohen - Senior Vice President of Investor Relations Eugene A.
I am upgrading Gartner to a buy rating, as the IT stock price now reflects near-term government IT spending weakness. Despite weak FY25 guidance and a 27% stock drop, I see medium-term growth potential from proprietary research and new AI services. I forecast revenue growth to normalize to 8% from FY26, with margin expansion and a fair value of $354 per share based on my DCF.
IT posts strong second-quarter 2025 with EPS up 18.5% and revenues rising 5.6% y/y, but trims its full-year revenue and EBITDA guidance.
U.S. equities fell at midday following a weak report on the services industry and concerns about new tariffs. The S&P 500, and Nasdaq dropped about 0.5% and the Dow Jones Industrial Average slipped 0.3%.
Gartner (IT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Gartner (IT) came out with quarterly earnings of $3.53 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $3.22 per share a year ago.
Gartner cut its annual revenue forecast on Tuesday, anticipating slower demand for its biggest research unit as businesses dialed back on spending in an uncertain economy.
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today reported results for the second quarter of 2025 and updated its financial outlook for the full year 2025.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Gartner (IT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.