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Barclays has lowered its price target on Gartner, Inc. to $510 from $600 while maintaining an overweight rating. Gartner specializes in IT and communication technologies, with net sales primarily from research and analysis services (82.7%), followed by consulting (8.7%) and organizing events (8.6%). The company operates globally, with a significant presence in the U.S. and Canada (66.2%).
Elon Musk's proposal to cut federal spending by $1 trillion is alarming tech investors, particularly those in companies reliant on government contracts. Major firms like Microsoft, Oracle, and Accenture may face revenue pressures, with some stocks already dropping over 20% since the last election. Earnings growth forecasts for software and services firms in 2025 have been revised down to 11.6%, reflecting heightened investor caution despite Musk's assurances regarding his commitment to the Department of Government Efficiency (DOGE).
Deutsche Bank has lowered its price target for Gartner, Inc. to $455 from $544 while maintaining a "Hold" rating. Gartner specializes in IT and communication technologies, with net sales primarily from research and analysis services (82.7%), consulting (8.7%), and organizing events (8.6%). The company employs around 2,500 analysts and 960 consultants globally, with a significant portion of its sales coming from the U.S. and Canada (66.2%).
UBS has lowered its price target for Gartner, Inc. to $500 from $565 while maintaining a Buy rating. Gartner specializes in IT and communication technologies, with net sales primarily from research and analysis services (82.7%), followed by consulting (8.7%) and organizing events (8.6%). The company employs around 2,500 analysts and 960 consultants globally, with a significant portion of its sales coming from the U.S. and Canada (66.2%).
UBS has lowered its price target for Gartner shares to $565 from $632 while maintaining a Buy recommendation, as the stock trades at $444.50, down 7.6% this year. Analysts express concerns over business confidence and potential impacts from DOGE, projecting Q1 revenue growth at 7%, slightly below previous estimates.Despite these challenges, Gartner reported strong fourth-quarter results, with adjusted earnings per share of $5.45 and sales of $1.7 billion, exceeding expectations. The company plans to accelerate hiring to target sustainable double-digit growth moving forward.
UBS has lowered its price target for Gartner shares from $632 to $565 while maintaining a Buy rating, as concerns about business confidence and the impact of DOGE, a cryptocurrency, emerge. Currently trading at $444.50, Gartner's stock is down 7.6% year-to-date, with analysts adjusting revenue growth expectations for the first quarter to the low to mid 7% range.Despite these challenges, Gartner reported strong fourth-quarter results, exceeding earnings expectations with adjusted EPS of $5.45 and revenue of $1.7 billion. The company’s contract value rose 8% year-on-year, and CEO Gene Hall announced plans for accelerated hiring to achieve sustained double-digit growth.
UBS has lowered its price target for Gartner, Inc. to $565 from $632 while maintaining a Buy rating. Gartner specializes in IT and communication technologies, with net sales primarily from research and analysis services (82.7%), consulting services (8.7%), and organizing events (8.6%). The company employs around 2,500 analysts and 960 consultants globally, with a significant portion of its sales coming from the U.S. and Canada (66.2%).
Amazon Web Services (AWS) has introduced a "Buy with AWS" button, enabling cloud software vendors to sell directly to AWS customers through their websites. This initiative aims to enhance customer and partner loyalty while simplifying the purchasing process, with no fees for software companies embedding the button. Prominent vendors like Databricks and Workday are expected to benefit from increased revenue and faster procurement through this integration.
The rise of agentic AI is set to transform enterprises, with 25% expected to deploy AI agents by 2025, increasing to 50% by 2027. These autonomous agents, built on large language models, can perform complex tasks with minimal human oversight, driving innovation and efficiency across industries. However, challenges such as security and data infrastructure remain significant barriers to full implementation.
Eon, a startup founded by ex-AWS engineers, is revolutionizing cloud backup with its innovative snapshots that allow for instant, file-level access and retrieval across multiple cloud providers. By automating resource mapping and applying context-aware backup policies, Eon enhances usability and reduces operational costs, addressing the inefficiencies of traditional backup methods. With significant funding and a growing customer base, Eon is poised to differentiate itself in the competitive cloud backup market.
Gartner, Inc.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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