Gartner Inc Stock Price, News & Analysis

The Gartner Marketing Symposium/Xpo, held from August 31 to September 2, emphasizes marketing's essential role in fostering connections with stakeholders. Gartner analysts stress that marketers should utilize customer data not just for insights but to truly know their customers. They advocate for deeper engagement with customers, business partners, and employees to enhance loyalty and brand advocacy. The conference provides actionable insights for CMOs to navigate current challenges and leverage emerging trends in marketing.

Gartner emphasizes the need for executive leaders to adopt strategic planning processes for future revenue growth, particularly post-COVID-19. Organizations must assess various external trends—including technological, political, economic, and environmental factors—to bolster resilience against disruptions. A survey revealed that only 38% of companies have a formal trendspotting process in place, highlighting potential blind spots in strategic planning. Gartner provides tools and templates to assist executives in developing tailored strategic plans. A webinar on key trend areas for strategic planning is scheduled for August 30.

Gartner's Hype Cycle for Emerging Technologies, 2021 identifies key trends reshaping industries, focusing on Engineering Trust, Accelerating Growth, and Sculpting Change. Organizations are urged to utilize technologies like generative AI and sovereign cloud to enhance competitive advantage amidst uncertainty. The report highlights the importance of adopting digital transformation strategies and emphasizes that breakthrough technologies will continue to challenge even pioneering firms. It outlines technologies that promise high competitive returns over the next five to ten years.

Gartner, Inc. (NYSE: IT) is set to host the Gartner IT Symposium/Xpo™ 2021 from October 18-21, 2021, virtually. This premier event for CIOs and IT executives will focus on leadership and technology strategies in a rapidly changing landscape. Key themes include enhancing customer engagement and embracing next-generation technologies. Attendees will explore new insights from the Signature Series, which includes major topics like Future of Work Reinvented and Top Strategic Technology Trends for 2022.

Gartner, Inc. (NYSE: IT) reported robust financial results for Q2 2021, achieving revenues of $1.167 billion, up 20% year-over-year. Net income soared 392.5% to $271 million, leading to a diluted EPS of $3.13, a significant increase of 413.1%. The company also highlighted strong operational metrics with adjusted EBITDA reaching $355 million, an 84.9% rise. Furthermore, Gartner repurchased over $1 billion in stock and raised its 2021 financial guidance, reflecting positive momentum from the first half of the year.

Gartner, Inc. (NYSE: IT) will announce its second quarter 2021 financial results on August 3, 2021, prior to market opening. A webcast is scheduled for the same day at 8:00 AM Eastern to discuss the results. Investors can access the press release and financial details on Gartner's investor website. The company is recognized as the leading research and advisory firm, serving over 14,000 enterprises globally. Gartner aims to provide business leaders with insights, advice, and tools to enhance their organizations.

The 2021 Gartner CMO Spend Survey reveals marketing budgets have fallen to an all-time low of 6.4% of company revenue, down from 11% in 2020. Over 400 marketing leaders were surveyed across North America, the UK, France, and Germany. While CMOs initially expected budget recovery post-pandemic, actual spending has not rebounded. Industries notably affected include travel, hospitality, and manufacturing. The research highlights a significant shift towards digital channels, which now account for 72.2% of total marketing budgets.

The Gartner IT Symposium/Xpo™ 2021 is scheduled from October 18-21, 2021, at Walt Disney World Resort in Orlando, Florida. This premier event gathers CIOs and IT executives to explore leadership, technology, and business strategy amidst critical IT trends. Keynotes and sessions will focus on enhancing customer engagement and preparing for future work challenges. New initiatives include sessions on the Future of Work and Gartner's 2022 Board of Directors Survey. The Symposium aims to empower leaders to innovate and adapt in rapidly changing technological landscapes.

Gartner (NYSE:IT) announced the pricing of its upsized offering of $600 million 3.625% Senior Notes due 2029, increasing the original amount by $100 million. Expected to close on June 18, 2021, the offering aims to generate approximately $594 million in net proceeds. These funds will be utilized to repay part of existing term loan borrowings, cover related fees, and for general corporate purposes. The New Notes will be offered to qualified institutional buyers and are not registered under the Securities Act, implying regulatory constraints on their sale.