$IT

Gartner, Inc. Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next

Gartner, Inc. reported Q2 results with revenue of $1.7b in line with forecasts, but statutory EPS of $4.14, 17% above expectations. The stock rose 21% to $185 in the following week. Analysts now forecast 2026 revenue of $6.42b and EPS of $13.72, up from prior models, and raised the consensus price target 16% to $186.

Original reporting
Published Aug 7, 2026, 10:17 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 7, 2026, 7:02 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Gartner, Inc. Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next — source image
Decision brief

The 30-second read

$ITBullishMed
01

Why it matters

The key tradable update is the consensus EPS upgrade for 2026 and the corresponding rise in the average price target, while revenue is expected to reverse to slight contraction versus prior growth.

02

Market read

Traders can reassess valuation expectations using the updated 2026 EPS consensus and price target, but should weigh the slightly negative revenue trajectory.

03

What to watch

The consensus price target range ($150 to $229) is wide enough that positioning risk remains; also, the article does not cite any new forward guidance or margin drivers beyond the EPS upgrade.

Relevance 6/10Novelty 5/10Timing: post-Q2 earnings, analysts’ updated 2026 consensus

Background

The piece follows Gartner’s Q2 results and summarizes the latest post-earnings statutory consensus for 2026, including revenue, EPS, and the average price target.

Company-level read

Ticker impact

$ITBullishMedium confidence
Context

Gartner reported Q2 statutory EPS of $4.14, 17% above expectations, and the article details updated 2026 revenue and EPS consensus forecasts for IT.

Expected impact

Near-term bias modestly positive as traders price in the EPS upgrade, but revenue is forecast to slightly decline and could cap upside.

Evidence & confidence

The article provides specific post-earnings consensus changes (EPS and price target) but no new company guidance beyond the already-reported Q2 results; revenue outlook is roughly flat-to-down and industry growth is higher.

Market effects

Signals modestly improving sentiment for IT services and research/consulting peers tied to enterprise spending expectations, though Gartner’s revenue is forecast to contract.

Primarily US large-cap sentiment; limited direct regional spillover described.

No explicit global macro or international regulatory drivers mentioned; impact is company-specific.

Counterpoint

Despite the EPS beat, the article flags a forecast revenue decline (1.2% annualized to end-2026), suggesting the multiple expansion may be fragile if growth reverts.

Key entities

  • Gartner, Inc.

    Subject of the article; Q2 statutory EPS beat and updated 2026 consensus forecasts are discussed.

Related articles

$PLTRMedAI 8/10

Why Palantir, Zebra, and Gartner Soared

Palantir (PLTR) shares rose after quarterly results. It reported $1.94B revenue (+94% Y/Y) and forecast Q3 revenue up to $2.164B, above expectations. Gartner (IT) gained after Q2 results, with $1.7B revenue (+1.7% Y/Y) and free cash flow up 8.9% to $378M. Zebra (ZBRA) hit a 52-week high after Q2 EPS of $6.35 and raised full-year EPS range to $20.75-$21.25.

$FROGHighAI 8/10

JFrog Q2 2026 slides: Gartner leader status, 29% revenue growth

JFrog Ltd. (NASDAQ:FROG) reported Q2 2026 results on Aug. 6, with revenue of $163.8 million, up 29% year over year, and EPS of $0.27, both above consensus, according to Investing.com. The company cited Gartner recognition as a Leader in software supply chain security and highlighted cloud revenue of $87.5 million and free cash flow of $53.8 million.

$ITMed

Gartner, Inc. Q2 2026 Earnings Call Summary

Gartner, Inc. reported Q2 2026 themes on contract value growth reacceleration, driven by improved client engagement and positive net contract value increase in government. Management cited ongoing macro and geopolitical uncertainty, with AI the top requested topic and a demand tailwind. Gartner expects adjusted EPS CAGR above 12% over three years, supported by buybacks and operational leverage, and authorized about $1.2B.

$PLTRMedAI 8/10

Why Palantir, Zebra, and Gartner Soared

Palantir (PLTR) rose after quarterly results. It reported $1.94B revenue (+94% Y/Y) and forecast Q3 revenue up to $2.164B, above expectations, citing strong free cash flow and balance sheet. Gartner (IT) gained on Q2 revenue of $1.7B (+1.7% Y/Y) and FCF of $378M (+8.9%). Zebra (ZBRA) hit a 52-week high after Q2 EPS $6.35 and revenue $1.56B (+20.9%), raising full-year EPS guidance to $20.75-$21.25.