Based on the current market data and analyst recommendations, here's a concise analysis for Gartner (IT):
Technical Analysis
The stock is currently trading at $530.45 during regular market hours, showing a modest gain of +0.22%. The RSI at 53.87 indicates neutral momentum, neither overbought nor oversold. The stock is trading above its 20-day SMA of $526.52, suggesting a slightly bullish short-term trend.
Analyst Consensus
Recent analyst actions show a mixed but generally positive outlook:
- Barclays upgraded to Buy with $600 PT (22.7% upside)
- Goldman Sachs maintains Buy rating with $622 PT
- Morgan Stanley maintains Hold with $555 PT
- Wells Fargo maintains Sell with $460 PT
Financial Performance
The company reported strong Q4 2024 results with:
- Revenue: $1.48 billion
- Net profit: $415.05 million (significant improvement from $180.01 million year-over-year)
Risk Factors
- Insider sentiment is negative with increased selling activity
- Operating expense growth expected at 9% y/y for 2025
- FY25 guidance considered "weaker" than expected by some analysts
Conclusion
SELL recommendation at current levels. Despite strong financial performance, the combination of negative insider sentiment, high operating expense growth, and weaker guidance suggests potential downside risk in the near term.