Why Gartner Inc. Stock Is Soaring Today

Gartner Inc. (IT) jumped 17.90% after second-quarter 2026 earnings crushed expectations. The research and advisory firm reported adjusted earnings per share of $4.37, beating the $3.73 consensus by 17%. Revenue came in at $1.68 billion, just above the $1.65 billion estimate.

Management raised full-year 2026 adjusted EPS guidance to $14.00 from $13.25, a 5.7% increase that signals confidence in the business trajectory. The company also lifted its free cash flow outlook to $1.19 billion for the year.

Analysts highlighted that Gartner shares are trading at a material discount to the company's historical valuation multiple, suggesting the stock had room to run even before the beat-and-raise quarter. The combination of strong execution and depressed valuation appears to have triggered the sharp move higher.

The guidance increase matters more than the quarter itself—it tells traders management sees sustained momentum rather than a one-time tailwind.