In a report released today, Joshua Chan from UBS maintained a Hold rating on Gartner, with a price target of $256.00.
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Joshua Chan has given his Hold rating due to a combination of factors that suggest both potential risks and enduring strengths for Gartner. The rapid advancements in AI technology pose a threat to some of Gartner’s basic functions, such as vendor identification and best practices, which could be replaced by AI-driven solutions. This introduces uncertainty regarding Gartner’s competitive value, particularly in the near term, as AI capabilities continue to evolve.
Despite these challenges, Gartner’s business model is seen as largely durable due to its strong brand and ability to provide high-level advisory services that go beyond static reports. The company’s personalized insights and strategic consulting services, along with its established relationships with executive clients, are viewed as key strengths that could help mitigate the impact of AI disruption. Thus, while there are risks, the enduring value proposition of Gartner’s offerings justifies a Hold rating.
In another report released on November 21, Barclays also maintained a Hold rating on the stock with a $260.00 price target.