Gartner stock fell 4.15 percent as Q2 EPS beat estimates

Published on 10/04/2026 at 21:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gartner stock traded at USD 184.80 on October 2 after Q2 adjusted EPS reached USD 4.37. Eleven analysts set a Hold consensus and an average target of USD 187.30.

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Gartner stock (ISIN US3666511072) fell 4.15 percent to USD 184.80 on the NYSE on October 2, 2026, after trading between USD 184.60 and USD 192.74. The company had already delivered a Q2 2026 earnings beat, with adjusted EPS of USD 4.37 against a USD 3.77 consensus, according to Zacks.

Q2 earnings beat expectations

The Q2 2026 adjusted EPS result exceeded consensus by 15.9 percent and rose 23.8 percent from USD 3.53 in Q2 2025, the same Zacks report said. Revenue reached USD 1.68 billion, beating the USD 1.65 billion consensus by 1.8 percent, although it declined 0.6 percent year over year.

Gartner's reported Q2 2026 revenue was USD 1,675.9 million, net income attributable to common shareholders was USD 275.5 million and operating margin was 23.0 percent. Operating cash flow reached USD 398.3 million for the quarter, giving the results a stronger cash component alongside the earnings beat.

Contract value points to demand

Global contract value increased 1.7 percent year over year to USD 5.3 billion in Q2 2026, while contract value excluding the US federal government grew 3.3 percent, according to Zacks. Conferences revenue rose 15.5 percent year over year, and Gartner retained 2026 guidance of at least USD 695 million for that business.

Management also raised full-year 2026 adjusted EPS guidance to at least USD 14 from USD 13.25 and lifted free cash flow guidance to at least USD 1.185 billion. Those targets contrast with the stock's market performance, where the October 2 price stood 29.22 percent below its 52-week high of USD 261.10.

Hold consensus stays close

According to MarketBeat on October 3, 2026, 11 analysts carried a consensus Hold rating, including 6 Hold, 2 Sell, 2 Buy and 1 Strong Buy recommendations. The average 12-month price target was USD 187.30, which is 1.35 percent above the October 2 price of USD 184.80.

The market capitalization was USD 12.4 billion and trading volume was 627,746 shares on October 2, 2026. Gartner's valuation therefore sits near the analyst target even as the share price remains materially below its yearly high.

Gartner stock last at USD 184.80

Gartner stock was last at USD 184.80 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 4.15 percent for the session. The 52-week range was USD 124.25 to USD 261.10.