Gartner Inc Stock Price, News & Analysis

i4cp, a leading human capital research firm, has announced a strategic investment from M|C Partners, a Boston-based private equity firm. The company has appointed Terry Waters as the new CEO, while co-founder Kevin Oakes will remain in a leadership role focusing on thought leadership and advisory services.

Founded in 2007, i4cp produces extensive HR-related research through a subscription model and has been featured on the Inc. 5000 list for 8 consecutive years. Waters brings significant industry experience, having served as CEO of Yankee Group, President of Evanta, and spending 18 years at Gartner (NYSE: IT) in various leadership positions.

The investment aims to support additional growth opportunities for i4cp, enabling the company to expand its offerings and continue providing HR research, advisory, and membership services focused on addressing complex challenges in human capital management.

Gartner has identified 12 emerging technology disruptions that will shape business systems' future, requiring technology leaders' attention over the next five years. The research highlights three key areas:

1. GenAI-Enabled Code Architecture: By 2029, over 50% of enterprise business process interactions will use large language models to bypass traditional UI layers, up from less than 5% currently.

2. Disinformation Security: By 2030, at least 50% of enterprises will adopt products or services addressing disinformation security (up from less than 5% in 2024), including deepfake detection and reputation protection.

3. Earth Intelligence: By 2028, 80% of major Earth surface assets will be monitored by active satellites, using AI to analyze satellite, aerial, and ground data for decision-making across industries.

Gartner (NYSE: IT) has announced its CFO & Finance Executive Conference 2025, scheduled for May 20-21, 2025, at the Gaylord National Resort & Convention Center in National Harbor, MD. The conference theme 'Autonomous Finance: Driving Transformation, Productivity and Change' will feature six specialized tracks focusing on CFO leadership, technology strategies, FP&A modernization, workflow automation, finance transformation, and public sector.

The event will showcase keynote speakers including Gartner analysts Mallory Bulman and Clement Christensen, futurologist Magnus Lindkvist, and Admiral William McRaven. Attendees will have access to live demos and case studies from finance technology solution providers, exploring topics such as AI in finance, talent management, and cost management.

Gartner forecasts worldwide generative AI (GenAI) spending to reach $644 billion in 2025, marking a 76.4% increase from 2024. Despite current high failure rates in proof-of-concept work and dissatisfaction with GenAI results, foundational model providers continue substantial investments to enhance AI capabilities.

The forecast highlights that 80% of GenAI spending will be directed towards hardware, including servers, smartphones, and PCs. CIOs are expected to shift from ambitious internal projects to commercial off-the-shelf solutions for more predictable implementation. By 2028, AI capabilities are projected to become standard features across almost the entire consumer device market.

Gartner (NYSE: IT) reported strong Q4 2024 financial results with revenues reaching $1.7 billion, up 8% year-over-year. The company's contract value grew to $5.3 billion, increasing 8% YoY FX neutral.

Q4 highlights include net income of $399 million (+91%), adjusted EBITDA of $417 million (+8%), and diluted EPS of $5.11 (+94%). For full-year 2024, Gartner achieved revenues of $6.3 billion (+6%), net income of $1.3 billion (+42%), and free cash flow of $1.4 billion (+31%).

Segment performance showed Research revenues at $1.3 billion (+5%), Conferences at $251 million (+17%), and Consulting at $153 million (+19%). The company repurchased 1.6 million shares for $0.7 billion, resulting in a 1% reduction in outstanding shares YoY.

Gartner (NYSE: IT) has announced it will release its fourth quarter 2024 financial results on Tuesday, February 4, 2025, before market opening. The company will make the press release and earnings supplement with financial information available on their investor website.

A webcast earnings call is scheduled for 8:00 a.m. ET on the same day. Investors can access the live webcast through a provided link, with a replay available for approximately 30 days afterward. Active participation in the call requires registration through a separate link to receive dial-in details and a unique PIN.

Gartner has identified three key priorities for CMOs to achieve marketing excellence in 2025: transcending disruption, elevating enterprise impact, and maximizing marketing yield. According to their survey, CMOs allocate nearly 40% of their budget to change and transformation activities. However, only 14% of CMOs are effective at market shaping, though companies with effective market-shaping CMOs are 2.6 times more likely to exceed revenue goals. The research also reveals that 58% of U.S. consumers feel misunderstood by brands, despite increased access to data and technology. While 95% of CMOs prioritize GenAI investments, Gartner emphasizes the need for strategic discipline and customer-focused approach.

Gartner (NYSE: IT) has announced its CFO & Finance Executive Conference 2025 scheduled for March 24-25, 2025, at the Hilton Sydney, Australia. The conference will focus on 'Autonomous Finance: Driving Transformation, Productivity and Change' and address challenges like high interest rates, growth issues, labor scarcity, and AI implementation. The event features four specialized tracks covering CFO roles, FP&A, Controller functions, and Finance Transformation. Keynote speakers include Gartner analysts Mallory Bulman and Clement Christensen, alongside futurologist Magnus Lindkvist. Early-bird registration ends January 24, 2025.

Gartner reported strong Q3 2024 financial results with revenues reaching $1.5 billion, up 5.4% year-over-year. Net income surged 130.6% to $415 million, while adjusted EBITDA grew 2.1% to $340 million. The company's contract value increased 7.3% YoY FX neutral to $5.0 billion, with Global Technology Sales CV at $3.9 billion (+6.1%) and Global Business Sales CV at $1.2 billion (+11.6%). Operating cash flow improved significantly, up 78.5% to $591 million. By segment, Research revenues grew 5.1%, Conferences increased 32.5%, while Consulting declined 3.9%.