Movement Alert｜Gartner Rises 6.93% in Regular Trading, IT Consulting Sector Rallies Broadly After Strong Q2 Results

Market Focus

Aug 20

On August 19, Gartner rose 6.93% in regular trading, trading at $195.69/share, with turnover of $75.59 million. The stock moved higher alongside a broad rally in the IT consulting sector, with continued positive momentum following its strong Q2 earnings report.

Gartner reported Q2 adjusted EPS of $4.37, beating the consensus estimate of $3.75 by 16.53% and representing a 23.8% year-over-year increase. Revenue of $1.676 billion also topped estimates of $1.650 billion. The company raised its full-year adjusted EPS guidance to at least $14, up from the prior outlook of at least $13.25. Morgan Stanley subsequently raised its price target to $177 from $173, noting that the selling environment improved sequentially with AI remaining the key demand driver for clients.

Within the IT Consulting and Other Services sector, individual stocks broadly strengthened. Among peers, Accenture rose 7.4%, EPAM Systems rose 7.17%, Cognizant rose 6.3%, Infosys rose 3.0%, and IBM rose 2.01%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Among peers, Accenture rose 7.4%, EPAM Systems rose 7.17%, Cognizant rose 6.3%, Infosys rose 3.0%, and IBM rose 2.01%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IT","symbol_name":"加特纳","start_time":0,"source_url":"","article_id":"1174294117","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174294117","pubTimestamp":1787156329,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 19, Gartner rose 6.93% in regular trading, trading at $195.69/share, with turnover of $75.59 million. 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Morgan Stanley subsequently raised its price target to $177 from $173, noting that the selling environment improved sequentially with AI remaining the key demand driver for clients.Within the IT Consulting and Other Services sector, individual stocks broadly strengthened. Among peers, Accenture rose 7.4%, EPAM Systems rose 7.17%, Cognizant rose 6.3%, Infosys rose 3.0%, and IBM rose 2.01%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}