Gartner, Inc. (IT), with a market capitalization of approximately $12.8 billion, is a global research and advisory company that provides objective insights on business and technology. The Stamford, Connecticut-based company helps organizations make faster, smarter decisions through expert guidance, research, benchmarks, tools, AI-powered insights, and strategic support for critical priorities.
Shares of the business and technology research and advisory company have considerably underperformed the broader market over the past year. IT has declined 18.9% over this period, while the broader S&P 500 Index ($SPX) has advanced 18.7%. On a year-to-date basis, IT has also continued to underperform, declining 22.4%, compared with the index’s 12.2% gain over the same period.