3 models fit Gartner Inc. Common Stock and they disagree: 1 of 3 land within 15% of the average. The price is below every model.
Two or more of our models back this value.
Discount(i)Bronze58
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionGartner Inc. Common Stock (IT)
Fair value (3 models)
$292
ACCE price target
$207
Rating
Undervalued
Horizon
12 months
Fair value published on 16 Oct 2026, 00:00 CEST; previously $283 since 30 Sept 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 15:04 CEST.
Price used: $230 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, Dividend discount, EV/EBITDA comparison, Graham number, and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
21.2% below
+27.0% to fair value
ACCE score
67
out of 100
Analysts
20% buy
15 covering
P/E
20.8x
forward 14.1x
1-year return
-8.2%
Dividend yield
0.00%
Gartner Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Gartner sells research subscriptions, advisory memberships, and conference events, with its core product being the Magic Quadrant and other analyst reports that enterprise technology buyers use to choose vendors. The moat is the research franchise itself: decades of client relationships and a subscription base that renews at high rates, which is consistent with a 69.6% gross margin and a 113.6% ROE. Revenue is currently shrinking (-0.6%), so the thesis depends on whether contract value and retention stabilize rather than on top-line acceleration. At 12.5x forward earnings against 18.6x trailing, the market is pricing in a meaningful earnings recovery that the reported revenue trend does not yet show. This is a sub-$15B business with a 22.6% operating margin and no index membership, which makes it worth a closer look at whether the forward estimates hold up under scrutiny.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
high
Revenue shrinking year over year
Revenue is down 0.6% year over year, even though the five-year revenue CAGR is 9.6%. The top line has stalled while the stock sits near its ACCE price target at $207.00.
high
Heavy short interest
Short interest is 15.6% of shares outstanding, a crowded bearish position that can amplify volatility on any negative surprise.
moderate
Leverage elevated
Debt to equity is 11.31, so the balance sheet relies heavily on borrowing, though free cash flow of $1.2B gives meaningful cover.
AI research notes
AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Net margin of 12.0% and return on invested capital of 15.2% show a business that turns sales into profit efficiently.
The stock trades at 12.7x forward earnings against a sector median of 29.1x, and reported earnings beat expectations by 15.9%.
Why it could disappoint
Revenue fell 0.6% year over year, well below the 9.6% average annual growth of the past five years.
Analysts' mean price target of $189.54 sits 8.8% below the current price, and only 20% of analysts rate the stock Buy or Strong Buy.
Debt to equity of 11.31 leaves little balance sheet room if sales keep shrinking, and the share count fell only through buybacks.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 3, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where IT's valuation models land
Price
$230.28
Model fair value
$292
Model range
$238 to $394
Fair value $292
Price $230
The price is below the whole model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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