Gartner (IT) Stock Drops 13% on Weak Fourth-Quarter Forecast

Gartner shares fell over 13% Tuesday after the research firm's fourth-quarter outlook missed expectations despite a raised full-year forecast.

Gartner (IT) is down 13.17% at $204.27 as of midday Tuesday, after Barrons reported that the research and advisory company's fourth-quarter earnings forecast fell short of Wall Street's expectations. The move came even as Business Wire reported Gartner posted its third-quarter 2026 results and raised its full-year financial outlook.

Gartner (IT) today
MeasureValue
Price$204.27
Change from the prior close-13.17%
Prior close$235.26
Today's range$184.95 – $208.00
52-week range$124.25 – $256.90
Market value$12.90 billion

Source: Stock quote during the regular session · as of November 3, 2026 at 11:45 AM ET

What was reported

Business Wire reported that Gartner released its third-quarter 2026 financial results on Tuesday and updated its guidance for the full year. Barrons reported that although the company lifted its annual outlook, the implied forecast for the fourth quarter did not meet analysts' expectations, which weighed on the stock despite the broader upgrade.

Separately, TheStreet's market coverage for the day noted that technology shares broadly had been under pressure, with the Nasdaq-100 index having entered a correction after a reversal in the prior session, though this context applies to the sector generally rather than to Gartner specifically.

Traders on X were discussing the sharp decline following the earnings release, with some posts pointing to the disappointing fourth-quarter forecast as a factor despite what participants described as a beat on both earnings and revenue for the quarter just reported. The conversation also touched on questions about the quality of Gartner's growth and concerns that its valuation had become stretched following an earlier rally in the shares.

Its suppliers and customers

Gartner has no suppliers or customers named in company filings on file, so we cannot describe how any related companies are trading today in connection with this move.

Sources

How this was made

Built from WiseView and market data, with reporting from the sources above. Drafted with AI assistance and reviewed by an editor before publishing. How this report is made

For information only, not investment advice.

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