Why Did Gartner Stock Plunge 59.81%?

On June 11, 2025, Gartner's stock experienced a significant drop of 59.81% in pre-market trading, indicating a substantial decline in investor confidence.

Goldman Sachs recently adjusted its target price for Gartner, reducing it from $622.00 to $535.00 while maintaining a "buy" rating. This adjustment reflects a cautious outlook on the company's future performance.

Analysts have provided a mixed consensus on Gartner's stock, with a mean price target of $481.44, suggesting a modest premium over current levels. However, the company's average rating score of 2.44, based on 5 buy ratings, 3 hold ratings, and 1 sell rating, indicates a neutral stance among analysts.

Gartner's AI score, which evaluates the company's performance based on alternative data points, financial health, and technical signals, stands at 6, suggesting a bullish outlook. However, the company's technical indicators, such as the SMA and RSI, point to a strengthening short-term outlook with a long-term sell rating.