Gartner 2025 revenue guidance ‘a lot weaker’ than Jefferies expected

Jefferies notes that Gartner’s (IT) Q4 revenues came in well ahead of the firm’s expectations and consensus and that adjusted EPS was “well above expectations” also. However, excluding a tax benefit, the firm estimates adjusted EPS was closer to $3.40, adds the analyst, who points out that the company’s 2025 revenue guidance of at least 6.5% year-over-year in constant currency is “a lot weaker” than the firm’s 9.1% estimate. Jefferies has a Hold rating and $525 price target on Gartner shares.