Goldman Sachs Adjusts Price Target for Gartner (IT) | IT Stock News

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May 07, 2025
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On May 7, 2025, Goldman Sachs made a key update on their coverage of Gartner (IT, Financial), maintaining a 'Buy' rating while adjusting the price target. The updated price target for Gartner (IT) is now set at $535.00 USD, down from the previous target of $622.00 USD.

The decision to lower the price target from $622.00 USD to $535.00 USD represents a significant decrease of approximately 13.99%. This adjustment suggests a reevaluation of prospective market conditions or company performance metrics.

Despite the lowered price target, the 'Buy' rating indicates continued confidence in Gartner's (IT, Financial) long-term growth potential by Goldman Sachs, led by analyst George Tong.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 10 analysts, the average target price for Gartner Inc (IT, Financial) is $475.12 with a high estimate of $557.00 and a low estimate of $400.00. The average target implies an upside of 8.68% from the current price of $437.16. More detailed estimate data can be found on the Gartner Inc (IT) Forecast page.

Based on the consensus recommendation from 12 brokerage firms, Gartner Inc's (IT, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Gartner Inc (IT, Financial) in one year is $460.33, suggesting a upside of 5.3% from the current price of $437.16. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Gartner Inc (IT) Summary page.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.