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Barclays has downgraded Gartner, Inc. from Equalweight to Underweight, setting a price target of $185.
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A new report from Gartner indicates that nearly half of supply chain organizations have reduced their headcount by an average of 10.5% over the past two years, largely due to AI integration.
Several major financial firms, including Goldman Sachs, Morgan Stanley, and Truist Securities, issued updated analyst ratings and price targets for Gartner, Inc. on November 4, 2026.
Jefferies increased its price target on Gartner, Inc. to $197 from $190.
Truist Securities downgraded Gartner, Inc. from Buy to Hold and reduced its price target for the company's stock.
Gartner raised its full-year revenue guidance to at least $6.405 billion following strong Q3 2026 results. The company demonstrated resilience through accelerating contract value growth ($5.3 billion), aggressive share buybacks ($1.7 billion over four quarters reducing share count by ~15%), and improved client retention driven by enterprise AI demand and internal business transformation initiatives.
The S&P 500 and Nasdaq rose on November 3, 2026, driven by semiconductor stock rebounds and strong earnings results, while the Dow lagged. Advanced Micro Devices and Super Micro Computer surged on earnings beats showing strong data center demand, but Apple and Shopify declined on disappointing results. Investors remain cautious about AI valuations despite positive chip sector performance.