Gartner Q3 2026 earnings beat fails to stop 13% share slide

Truist downgraded Gartner (IT) to Hold from Buy, cutting its price target to $210 from $235. The firm cited slower contract value growth and uncertain macro conditions. Gartner's adjusted EPS rose 30% to $3.59, exceeding estimates, and raised 2026 guidance across all metrics.

Gartner reported Q3 revenue of $4B (+2% YoY) and $1.3B (+3.7% YoY) for its GTS and GBS segments, respectively. Wallet retention improved to 98% and 99%. AI demand drove growth, but external pressures impacted sales. The company raised its full-year outlook, expecting $6.405B revenue and $1.615B adjusted EBITDA. Gartner repurchased $138M of stock in Q3.

Gartner Inc (NYSE:IT) reported Q3 2026 earnings, highlighting challenges in certain regions, longer sales cycles, and higher costs from hiring analysts. New business dollars declined, and ex-federal CV growth is not expected to reach 4% by year-end. CEO Eugene Hall noted an uptick in clients seeking help with AI cost management. CFO Craig Safian discussed cost management, pricing, and capital allocation strategies.

Gartner Inc. (IT) shares fell 13% to $204.22 despite Q3 earnings beating expectations and an improved full-year outlook.

Gartner (NYSE: IT) shares dropped 13.4% after reporting a 1.3% decline in Q3 2026 GAAP revenue to $1,505M and a 1.4% decrease in operating cash flow to $294M. The company's stock has been volatile, with significant price swings in the past year. Gartner's stock is down 13.2% YTD and 19.2% below its 52-week high.

Gartner (IT) reported Q3 earnings, beating forecasts and raising full-year guidance. Contract value grew 2.5% to $5.3B, while revenue fell 1.3% to $1.5B. Adjusted EPS rose 30% to $3.59. Despite positive metrics, the stock dropped 13% due to slow core growth. CEO highlighted AI-related client demand, but growth remains sluggish.