Why Gartner Stock Skyrocketed This Week

Gartner stock surged 22.9% this week after delivering better-than-expected Q2 results with earnings per share beating estimates by $0.64 and revenue exceeding targets by $50 million. The company raised full-year earnings guidance to $14 per share (from $13.25) and free cash flow projections to $1.185 billion, while also increasing its share buyback authorization by $500 million. Despite concerns about AI disruption, improved operating efficiency and strong cash flow generation are driving investor confidence.