Gartner, Inc

Gartner drove a strong performance with double-digit growth in contract value, revenue, EBITDA and EPS. The company delivered an all-around beat while remaining cautious about considering the potential effects of environmental volatility on a global scale. Its research business continues to be its greatest and most lucrative segment, with a 9% year-over-year increase in revenue. Across all industries, market sizes, and regions, their market opportunity is expanding quickly. CV growth was broad-based during the quarter. The industries of transportation, retail, and manufacturing experienced the fastest growth. All of their enterprise-size categories experienced double-digit growth. In addition, they helped 9 of their top 10 countries experience double-digit growth, with the tenth experiencing high single-digit growth. We give Gartner a ‘Hold’ rating with a revised target price.