Why Is GARTNER INC (IT) Stock Down Today?

Gartner Inc shares fell 13.19% to $204.22 on November 3, 2026. The decline followed the release of third-quarter 2026 financial results, where cautious guidance and slower sales cycles outweighed an earnings beat and raised outlook.

What Happened

The research firm reported adjusted earnings per share of $3.59, a 30.1% year-over-year increase, though underlying adjusted net income grew by only 11.1%. Management attributed the performance to AI research demand driving contract value acceleration and improved retention. Despite beating its own targets and raising its guidance, investors reacted negatively to the pace of growth. Goldman Sachs raised its price target for the stock to $207 from $181 following the report. The stock’s drop occurred even as the broader S&P 500 index posted gains that day.

What The Data Shows

Gartner’s market capitalization stands at $14.4 billion with a P/E ratio of 21.5. Trailing twelve-month revenue increased by 0.7%, and the company maintains a net margin of 12.0%. The stock has a beta of 0.98 and trades within a 52-week range of $124.25 to $256.89. On November 3, the stock printed seven fresh 52-week lows. Insider activity has been predominantly selling, with five sales totaling $1.4 million in the last 90 days, including transactions by executives Robin B. Kranich, Akhil Jain, and Yvonne Genovese. Congressional filings show one buy and five sells in the same period, with the most recent filing on September 22, 2026. Social media chatter remains low, with only one post recorded in the past 24 hours.

What To Watch

Investors will monitor how the market digests the company’s raised guidance against the backdrop of slower sales cycles. The recent insider selling activity and the stock’s position near its 52-week lows may influence near-term trading dynamics as analysts adjust their models.