What Happened?
Shares of research and advisory firm Gartner (NYSE: IT) jumped 4.9% in the afternoon session after Morgan Stanley raised its price target on the stock from $177 to $182 while maintaining an Equal Weight rating. According to TipRanks’ preview of the research note, the firm’s contract-value estimator for its research tracker points to foreign-exchange-neutral contract value growth of 4.4% in the third quarter. That is the firm’s read on growth in Gartner’s core research subscriptions, with currency moves taken out, ahead of the quarterly report. The target moved up $5, and the Equal Weight rating was left in place.
Is now the time to buy Gartner? Access our full analysis report here, it’s free.
What Is The Market Telling Us
Gartner’s shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 24 days ago when the stock gained 7.7% on the news that the company kicked off its IT Symposium/Xpo conference, highlighting major technology trends and emphasizing how agentic artificial intelligence (AI) and modern governance are reshaping public sector operations. During the opening day of the conference in Australia, Gartner shared analyst guidance focused on navigating agentic AI deployment, governance, and driving business value. The research and consulting firm highlighted how rapid advancements in artificial intelligence and modern governance frameworks are transforming government operations and broader service delivery models, reinforcing Gartner's position as a critical advisory partner for enterprise and public sector IT leaders.
Gartner is down 17.1% since the beginning of the year, and at $196.47 per share, it is trading 23.9% below its 52-week high of $258.17 from October 2025. Investors who bought $1,000 worth of Gartner’s shares 5 years ago would now be looking at only $646.06.
ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.
These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.
