What is Gartner Inc worth?
With the base-case assumptions below, a discounted cash flow model on Gartner Inc's reported free cash flow gives $350.40 per share. The share price was $187.90 on September 25, 2026, 46% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.5% | 10.0% | $210.47 | +12% |
| Base | 9.5% | 9.0% | $350.40 | +86% |
| Bull | 14.5% | 8.0% | $629.36 | +235% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $455.66 | $488.04 | $527.62 | $577.10 | $640.72 |
| 8.0% | $376.92 | $397.92 | $422.74 | $452.53 | $488.93 |
| 9.0% | $319.47 | $333.83 | $350.40 | $369.73 | $392.58 |
| 10.0% | $275.79 | $286.00 | $297.57 | $310.80 | $326.06 |
| 11.0% | $241.50 | $248.99 | $257.35 | $266.77 | $277.43 |
Where the presets come from
Base: years 1 to 5 grow at Gartner Inc's revenue growth rate over the last 5 fiscal years (9.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions