Overview

* Gartner ( IT ) Q3 revenue grows 2.7%

* Adjusted EPS for Q3 beats analyst expectations, rising 10.4%

* Company repurchased 4 mln shares for $1.1 bln, boosting repurchase authorization

Outlook

* Gartner ( IT ) raises full-year 2025 Adjusted EBITDA and margin guidance

* Company expects contract value to accelerate in 2026

Result Drivers

* CONTRACT VALUE GROWTH - Contract value increased by 3% YoY, with a 6% rise excluding the US Federal business

* AI TOOL LAUNCH - Completed Beta launch of AskGartner, an AI-powered tool for enhanced client experience

* SHARE REPURCHASE - Repurchased $1.1 bln in shares, a record for a single qtr, reflecting perceived value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $1.52 $1.52

Revenue bln bln (11

Analysts

)

Q3 Beat $2.76 $2.42

Adjusted (13

EPS Analysts

)

Q3 EPS $0.47

Q3 Net $35 mln

Income

Q3 $299 mln

Operatin

g Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy."

* Wall Street's median 12-month price target for Gartner Inc ( IT ) is $290.00, about 15.2% above its November 3 closing price of $245.92

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)