IT IT Gartner, Inc. Loading... : Bullish and Bearish Analyst Opinions

Gartner business not displaced by AI.

Validation of HP's software portfolio by a major industry analyst firm.

Gartner reported strong Q2 2026 results with accelerating contract value growth and raised.

Guidance for EBITDA, EPS, and free cash flow was raised. Management expects CV growth to continue to reaccelerate, though it refrained from providing a near-term quantitative CV target. Long-term EPS growth of 12%+ reaffirmed.

Eversource's proposed $1 billion AMI investment for Connecticut has a slightly positive nominal net benefit but a negative NPV, which management attributes to delays in the regulatory docket that have increased costs. — Delays in regulatory approval are eroding the economic case for advanced metering infrastructure investments, potentially reducing the future capex opportunity for utilities and their suppliers.

Financial services is growing at 12% and is leading AI adoption, with 50% of large deals being productivity-led, indicating a potential acceleration in AI-driven transformation in other verticals. — This benchmark could signal a broader enterprise AI spending cycle, potentially benefiting large IT services firms with similar capabilities.

Gartner continues to rank HPE as a leader in enterprise LAN infrastructure, reinforcing HPE's competitive position against Cisco and others.

Gartner published research highlighting Revvity's AI deployment, indicating a partnership or validation that could be referenced in Gartner's future reports on AI adoption.

These stocks (EPAM, CoStar, Gartner) were the worst performers in February. Cramer agrees with the narrative that AI platforms can "write cheaper code" or aggregate data better than these consultants. This is the "AI Displacement" trade. If AI creates code and aggregates real estate data instantly, the moat for outsourced coding (EPAM) and data portals (CoStar) evaporates. The weak guidance confirms the structural threat is real, not just theoretical. AVOID. Do not bottom fish; the business models are fundamentally challenged. Market realizes AI is a tool for these companies, not a replacement, leading to a relief rally.

Cramer observes that "Anthropic is going to wreck whole sectors" with press releases targeting specific industries. Workday (WDAY) reported disappointing numbers, and Gartner (IT) had a tough quarter. AI agents can write code and perform enterprise functions cheaper than traditional SaaS. Clients are pausing purchases or asking for shorter contracts to test AI alternatives. This breaks the "sticky revenue" model of enterprise software. Sell the bounces; the sector is in a "Humpty Dumpty situation" where valuations and business models are broken. AI integration might actually enhance these platforms rather than replace them (counter-thesis).

Management explicitly assumes the difficult selling environment persists through 2026, with CV growth only gradually accelerating. Guide implies revenue growth of just 2% FX neutral, below prior recovery expectations.

Recognition as a leader in an industry quadrant.