Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Gartner (IT)
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-11-04
$198.07-4.40%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologyInformation Technology ServicesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
16.46 → 16.48 EPS · FY ending Dec 31, 2027 · 10 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 10 to 10; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for IT yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Contract Value grows at least 3% YoY FX neutral | Contract Value rose 1.0% YoY, supporting growth. | Broken | contract value growth falls below 1% YoY FX neutral | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
IT is a company with a strong recent financial record and a multi-year thesis built on contract growth, earnings progress, and cash generation. The thesis is intact, but the risk level is high and company momentum has weakened recently.
Valuation is described as cheap, while the model shows IT trading at a small premium to peers. Expectations are broadly aligned with the evidence, with little gap between them, and the priced-in assessment is justified rather than fragile.
Near term, contract value, adjusted earnings, and free cash flow have grown, and management has raised full-year guidance. The near-term chance of a miss is assessed as low, though past misses and recent peer weakness are cautions; momentum has also fallen. A guidance reversal after the recent raise would damage management credibility.
Over the multi-year view, the thesis depends on continued contract growth and delivery against guidance, alongside the shift in leadership after the president transition. Near term, lower interest rates or steadier results from major technology peers could support the sector backdrop, while a guidance cut would weaken the thesis.
The 1-to-3-year read is intact but mixed: recent financial progress supports the business case, while high risk and softer momentum call for close attention to execution. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Gartner grows free cash flow strongly, up 28.7% in Q1 2026 to $371M. |
| Improving |
| free cash flow falls below $1.3 billion in FY26 |
Free cash flow: $378.365M FY2026-Q2; GAAP. Published target: >= $1.48 billion. Annual target cannot be compared with a quarterly or TTM observation. Aug 4, 2026378,365,000 USD · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Share repurchases continue at $2B+ annually | A supporting condition in Gartner's published investment case. The stated target is >= $2 billion. | Intact | annual share repurchases fall below $1.5 billion | Required source inputs unavailable Cannot calculate Share repurchases from the available matching source inputs. Missing inputs are not treated as zero. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$15.30 → $16.48 · observed estimates
$6.71B → $6.66B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $15.30 | $6,706,214,980 | 15 / 14 |
| 2026-07-25 | $15.31 | $6,706,214,980 | 15 / 14 |
| 2026-07-26 | $15.31 | $6,706,214,980 | 15 / 14 |
| 2026-07-27 | $15.38 | $6,715,172,683 | 10 / 10 |
| 2026-07-28 | $15.38 | $6,715,172,683 | 10 / 10 |
| 2026-07-29 | $15.31 | $6,706,214,980 | 15 / 14 |
| 2026-07-30 | $15.31 | $6,706,214,980 | 15 / 14 |
| 2026-07-31 | $15.31 | $6,706,214,980 | 15 / 14 |
| 2026-08-01 | $15.38 | $6,715,172,683 | 10 / 10 |
| 2026-08-02 | $15.31 | $6,701,454,590 | 15 / 13 |
| 2026-08-03 | $15.31 | $6,701,454,590 | 15 / 13 |
| 2026-08-04 | $15.38 | $6,715,172,683 | 10 / 10 |
| 2026-08-05 | $15.31 | $6,701,454,590 | 15 / 13 |
| 2026-08-06 | $15.31 | $6,701,454,590 | 15 / 13 |
| 2026-08-07 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-08 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-09 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-10 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-12 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-13 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-14 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-15 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-16 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-17 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-18 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-19 | $16.64 | $6,698,435,217 | 10 / 10 |
| 2026-08-20 | $16.62 | $6,693,326,884 | 10 / 10 |
| 2026-08-21 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-22 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-23 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-24 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-25 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-26 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-27 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-28 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-29 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-30 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-08-31 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-09-01 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-09-02 | $16.55 | $6,691,676,884 | 10 / 10 |
| 2026-09-03 | $16.55 | $6,689,151,884 | 10 / 10 |
| 2026-09-04 | $16.55 | $6,689,151,884 | 10 / 10 |
| 2026-09-05 | $16.45 | $6,689,151,884 | 10 / 10 |
| 2026-09-06 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-07 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-08 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-09 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-10 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-11 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-12 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-13 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-14 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-15 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-16 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-17 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-18 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-19 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-20 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-21 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-22 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-23 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-24 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-25 | $16.46 | $6,685,735,217 | 10 / 10 |
| 2026-09-26 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-09-27 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-09-28 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-09-29 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-09-30 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-01 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-02 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-03 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-04 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-05 | $16.46 | $6,685,560,217 | 10 / 10 |
| 2026-10-06 | $16.46 | $6,681,987,350 | 10 / 10 |
| 2026-10-07 | $16.46 | $6,681,987,350 | 10 / 10 |
| 2026-10-08 | $16.46 | $6,681,987,350 | 10 / 10 |
| 2026-10-09 | $16.48 | $6,683,276,021 | 10 / 10 |
| 2026-10-10 | $16.48 | $6,683,276,021 | 10 / 10 |
| 2026-10-11 | $16.48 | $6,683,276,021 | 10 / 10 |
| 2026-10-12 | $16.48 | $6,683,276,021 | 10 / 10 |
| 2026-10-13 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-14 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-15 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-16 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-17 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-18 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-19 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-20 | $16.47 | $6,683,276,021 | 10 / 10 |
| 2026-10-21 | $16.48 | $6,683,309,354 | 10 / 10 |
| 2026-10-22 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-23 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-24 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-25 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-26 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-27 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-28 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-29 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-30 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-10-31 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-11-01 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-11-02 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-11-03 | $16.48 | $6,683,634,354 | 10 / 10 |
| 2026-11-04 | $16.48 | $6,663,139,205 | 10 / 10 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 10 Hold · 3 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 8 recorded
3 raises · 1 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.