Gartner Accused of Misleading Investors in Class Action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy IT?
Source: Globenewswire
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of investors who purchased Gartner, Inc. (NYSE: IT) common stock between February 4, 2025, and February 2, 2026, alleging the company misled investors regarding its growth and revenue projections.
- False Statements: The complaint alleges that Gartner misrepresented its expected contract value (CV) growth of 12-16% while concealing its inability to meet industry challenges, leading investors to buy shares at artificially inflated prices.
- Stock Price Plunge: On February 3, 2026, Gartner revealed a 2% decline in CV growth and disclosed significant shortfalls in its Consulting segment, causing its stock price to plummet from $202.40 per share on February 2 to $160.16 on February 3, a drop of nearly 20.87%.
- Next Steps: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers by May 18, 2026, with Robbins LLP offering contingency fee representation, meaning no upfront costs for shareholders.
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Analyst Views on IT
Wall Street analysts forecast IT stock price to rise
11 Analyst Rating
4 Buy
6 Hold
1 Sell
Moderate Buy
Current: 159.260
Low
150.00
Averages
190.70
High
240.00
Current: 159.260
Low
150.00
Averages
190.70
High
240.00
About IT
Gartner, Inc. delivers actionable, objective insight to executives and their teams. It operates through three segments: Research, Conferences and Consulting. The Research segment delivers independent, objective insight to leaders across an enterprise through subscription services that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts located around the globe. The Gartner Conferences segment is designed for information technology (IT) and business executives as well as decision-makers looking to adapt and evolve their organizations through disruption and uncertainty, navigate risks and prioritize investments. The Consulting segment serves chief information officers and other senior executives to optimize technology investments and drive business impact. The Company also provides solutions for a range of IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Gartner Accused of Misleading Investors in Class Action
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of investors who purchased Gartner, Inc. (NYSE: IT) common stock between February 4, 2025, and February 2, 2026, alleging the company misled investors regarding its growth and revenue projections.
- False Statements: The complaint alleges that Gartner misrepresented its expected contract value (CV) growth of 12-16% while concealing its inability to meet industry challenges, leading investors to buy shares at artificially inflated prices.
- Stock Price Plunge: On February 3, 2026, Gartner revealed a 2% decline in CV growth and disclosed significant shortfalls in its Consulting segment, causing its stock price to plummet from $202.40 per share on February 2 to $160.16 on February 3, a drop of nearly 20.87%.
- Next Steps: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers by May 18, 2026, with Robbins LLP offering contingency fee representation, meaning no upfront costs for shareholders.
See More
OpenAI Shifts E-commerce Strategy, Abandoning Instant Checkout
- Strategic Shift: OpenAI has decided to abandon its Instant Checkout feature in favor of developing dedicated apps with retailers, aiming to enhance user experience and give retailers more control over the transaction process to better compete in the e-commerce landscape.
- User Experience Challenges: Analysts noted that OpenAI underestimated the complexities of enabling transactions, leading to errors in the Instant Checkout feature, with only about 30 Shopify merchants participating, highlighting the difficulties in technical implementation.
- Market Response: Walmart's data indicates that conversion rates for products sold directly in ChatGPT are three times lower than those that redirect users to retailer websites for checkout, suggesting that users prefer completing purchases on retailer sites, impacting OpenAI's e-commerce potential.
- Future Outlook: Despite the challenges faced by OpenAI, analysts believe that AI shopping is still in its early stages, with the potential to attract more retailer investments, especially through new apps that enhance the shopping experience.
See More
Multiple Companies Face Class Action Lawsuits
- Class Action Notification: The Law Offices of Frank R. Cruz remind investors that Grocery Outlet Holding Corp., Alight, Inc., and Gartner, Inc. are facing class action lawsuits, with deadlines for lead plaintiff motions approaching, urging affected investors to act promptly.
- Grocery Outlet Allegations: From August 2025 to March 2026, Grocery Outlet is accused of rapid expansion leading to misleading financial and operational growth claims, potentially resulting in significant asset write-downs and store closures as sustainable growth was not achieved.
- Alight Lawsuit Details: Alight, during the period from November 2024 to February 2026, allegedly failed to accurately report its growth and cost-cutting measures, with its sales team unable to meet management expectations, severely impacting investor confidence in the company's prospects.
- Gartner Business Challenges: Gartner is accused of being ill-equipped to handle industry challenges from February 2025 to February 2026, failing to meet consulting revenue targets, which undermines the credibility of its positive statements about business operations and prospects, potentially leading to investor losses.
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AI Spending Surge: Palantir vs. CrowdStrike in 2026
- AI Spending Growth: Gartner forecasts a 44% increase in global AI spending, rising from $1.7 trillion in 2025 to $2.5 trillion in 2026, creating significant market opportunities for both AI system developers and service providers.
- Palantir's Financial Performance: Palantir's revenue soared 56% year-over-year to approximately $4.5 billion in fiscal 2025, with guidance for fiscal 2026 revenues of $7.19 billion, implying a 61% growth rate, showcasing its robust growth potential in the enterprise AI market.
- CrowdStrike's Market Positioning: CrowdStrike reported fiscal 2026 revenues of $4.8 billion, up 22% year-over-year, leveraging AI capabilities in its cloud-based security platform to effectively combat cyber threats, highlighting its competitive edge in cybersecurity.
- Investor Choices: Palantir's high valuation (82.5 times forward earnings) contrasts with CrowdStrike's 69.1 times, appealing to growth-focused investors for Palantir and those seeking stable returns for CrowdStrike, reflecting their differing market attractions.
See More
Palantir and CrowdStrike's Competitive AI Advantages
- Palantir's Growth Potential: Palantir's Artificial Intelligence Platform (AIP) drove a 56% year-over-year revenue increase to approximately $4.5 billion in fiscal 2025, with projected revenues of $7.19 billion for fiscal 2026, highlighting strong growth potential that attracts investor interest.
- CrowdStrike's Stability: CrowdStrike reported fiscal 2026 revenues of $4.8 billion, up 22% year-over-year, with subscription revenue reaching about $4.5 billion, indicating stable growth in the cybersecurity sector, appealing to investors with lower risk appetites.
- Customer Expansion and Retention: Palantir achieved a total contract value of $4.3 billion in fiscal 2025, up 138% year-over-year, with a net dollar retention rate of 139%, demonstrating sustained demand and expanded usage from existing customers, thereby strengthening its market position.
- CrowdStrike's Innovative Products: CrowdStrike's Falcon platform, enhanced with AI capabilities, enables rapid threat response for clients, with new security products generating over $1.9 billion in annual recurring revenue in fiscal 2026, up over 45%, showcasing strong market appeal for its offerings.
See More
Class Action Filed Against Gartner for Misleading Statements
- Class Action Initiated: Bragar Eagel & Squire has filed a class action lawsuit against Gartner in the U.S. District Court for Connecticut on behalf of investors who purchased shares between February 4, 2025, and February 2, 2026, indicating significant legal challenges for the company.
- Allegations of Misleading Statements: The complaint alleges that Gartner failed to disclose ongoing industry challenges, which resulted in unmet consulting revenue targets, and that positive statements about the company's business lacked a reasonable basis, potentially leading to substantial investor losses.
- Investor Rights Protection: Investors must apply by May 18, 2026, to be appointed as lead plaintiff, highlighting the importance of this case for affected investors, with the law firm offering no-cost consultations to help them understand their rights.
- Law Firm Background: Bragar Eagel & Squire is a nationally recognized law firm specializing in securities, derivative, and commercial litigation, demonstrating its expertise and experience in protecting investor rights.
See More
Gartner Accused of Misleading Investors in Class Action
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of investors who purchased Gartner, Inc. (NYSE: IT) common stock between February 4, 2025, and February 2, 2026, alleging the company misled investors regarding its growth and revenue projections.
- False Statements: The complaint alleges that Gartner misrepresented its expected contract value (CV) growth of 12-16% while concealing its inability to meet industry challenges, leading investors to buy shares at artificially inflated prices.
- Stock Price Plunge: On February 3, 2026, Gartner revealed a 2% decline in CV growth and disclosed significant shortfalls in its Consulting segment, causing its stock price to plummet from $202.40 per share on February 2 to $160.16 on February 3, a drop of nearly 20.87%.
- Next Steps: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers by May 18, 2026, with Robbins LLP offering contingency fee representation, meaning no upfront costs for shareholders.
See More
OpenAI Shifts E-commerce Strategy, Abandoning Instant Checkout
- Strategic Shift: OpenAI has decided to abandon its Instant Checkout feature in favor of developing dedicated apps with retailers, aiming to enhance user experience and give retailers more control over the transaction process to better compete in the e-commerce landscape.
- User Experience Challenges: Analysts noted that OpenAI underestimated the complexities of enabling transactions, leading to errors in the Instant Checkout feature, with only about 30 Shopify merchants participating, highlighting the difficulties in technical implementation.
- Market Response: Walmart's data indicates that conversion rates for products sold directly in ChatGPT are three times lower than those that redirect users to retailer websites for checkout, suggesting that users prefer completing purchases on retailer sites, impacting OpenAI's e-commerce potential.
- Future Outlook: Despite the challenges faced by OpenAI, analysts believe that AI shopping is still in its early stages, with the potential to attract more retailer investments, especially through new apps that enhance the shopping experience.
See More
Multiple Companies Face Class Action Lawsuits
- Class Action Notification: The Law Offices of Frank R. Cruz remind investors that Grocery Outlet Holding Corp., Alight, Inc., and Gartner, Inc. are facing class action lawsuits, with deadlines for lead plaintiff motions approaching, urging affected investors to act promptly.
- Grocery Outlet Allegations: From August 2025 to March 2026, Grocery Outlet is accused of rapid expansion leading to misleading financial and operational growth claims, potentially resulting in significant asset write-downs and store closures as sustainable growth was not achieved.
- Alight Lawsuit Details: Alight, during the period from November 2024 to February 2026, allegedly failed to accurately report its growth and cost-cutting measures, with its sales team unable to meet management expectations, severely impacting investor confidence in the company's prospects.
- Gartner Business Challenges: Gartner is accused of being ill-equipped to handle industry challenges from February 2025 to February 2026, failing to meet consulting revenue targets, which undermines the credibility of its positive statements about business operations and prospects, potentially leading to investor losses.
See More
AI Spending Surge: Palantir vs. CrowdStrike in 2026
- AI Spending Growth: Gartner forecasts a 44% increase in global AI spending, rising from $1.7 trillion in 2025 to $2.5 trillion in 2026, creating significant market opportunities for both AI system developers and service providers.
- Palantir's Financial Performance: Palantir's revenue soared 56% year-over-year to approximately $4.5 billion in fiscal 2025, with guidance for fiscal 2026 revenues of $7.19 billion, implying a 61% growth rate, showcasing its robust growth potential in the enterprise AI market.
- CrowdStrike's Market Positioning: CrowdStrike reported fiscal 2026 revenues of $4.8 billion, up 22% year-over-year, leveraging AI capabilities in its cloud-based security platform to effectively combat cyber threats, highlighting its competitive edge in cybersecurity.
- Investor Choices: Palantir's high valuation (82.5 times forward earnings) contrasts with CrowdStrike's 69.1 times, appealing to growth-focused investors for Palantir and those seeking stable returns for CrowdStrike, reflecting their differing market attractions.
See More
Palantir and CrowdStrike's Competitive AI Advantages
- Palantir's Growth Potential: Palantir's Artificial Intelligence Platform (AIP) drove a 56% year-over-year revenue increase to approximately $4.5 billion in fiscal 2025, with projected revenues of $7.19 billion for fiscal 2026, highlighting strong growth potential that attracts investor interest.
- CrowdStrike's Stability: CrowdStrike reported fiscal 2026 revenues of $4.8 billion, up 22% year-over-year, with subscription revenue reaching about $4.5 billion, indicating stable growth in the cybersecurity sector, appealing to investors with lower risk appetites.
- Customer Expansion and Retention: Palantir achieved a total contract value of $4.3 billion in fiscal 2025, up 138% year-over-year, with a net dollar retention rate of 139%, demonstrating sustained demand and expanded usage from existing customers, thereby strengthening its market position.
- CrowdStrike's Innovative Products: CrowdStrike's Falcon platform, enhanced with AI capabilities, enables rapid threat response for clients, with new security products generating over $1.9 billion in annual recurring revenue in fiscal 2026, up over 45%, showcasing strong market appeal for its offerings.
See More
Class Action Filed Against Gartner for Misleading Statements
- Class Action Initiated: Bragar Eagel & Squire has filed a class action lawsuit against Gartner in the U.S. District Court for Connecticut on behalf of investors who purchased shares between February 4, 2025, and February 2, 2026, indicating significant legal challenges for the company.
- Allegations of Misleading Statements: The complaint alleges that Gartner failed to disclose ongoing industry challenges, which resulted in unmet consulting revenue targets, and that positive statements about the company's business lacked a reasonable basis, potentially leading to substantial investor losses.
- Investor Rights Protection: Investors must apply by May 18, 2026, to be appointed as lead plaintiff, highlighting the importance of this case for affected investors, with the law firm offering no-cost consultations to help them understand their rights.
- Law Firm Background: Bragar Eagel & Squire is a nationally recognized law firm specializing in securities, derivative, and commercial litigation, demonstrating its expertise and experience in protecting investor rights.
See More
