Gartner

Gartner has revised its forecast upward and expects global AI spending to reach $2.7 trillion in 2026, an increase of 49.5% year over year. About $1.48 trillion is attributed to infrastructure, while AI software is estimated at $461 billion and AI services at $576 billion. Drivers include capacity expansion by hyperscalers, integration of AI into software, and rising demand for AI-optimized servers; Gartner forecasts $3.6 trillion for 2027. Generative AI is expected to grow strongly, with the segment projected to rise 117% to $28.3 billion in 2026. » More on heise.de

Gartner reported Q2 adjusted EPS of $4.37 and revenue of $1.68 billion, both beating analyst expectations, while net income and free cash flow rose. The company raised full-year EPS guidance to $14 and increased its FCF target despite slightly lower revenue guidance due to currency headwinds. The upbeat results and guidance, plus possible short-covering, drove a 31.2% share-price rally in August. » More on finance.yahoo.com

Gartner reported Q2 adjusted EPS of $4.37 on revenue of about $1.7 billion, beating analyst estimates, while net income and free cash flow rose 14.4% and 8.9% respectively. The company raised full-year adjusted EPS guidance to $14 (from $13.25) and lifted free cash flow guidance to $1.185 billion, while shaving revenue guidance slightly due to adverse FX. Gartner's board increased the share repurchase authorization by $500 million, supporting the stock rally. » More on finance.yahoo.com

Gartner fell sharply amid signs of slowing growth and a softer-than-expected 2026 outlook, contributing to notable quarterly declines. The company’s core research business faces cyclical headwinds including US government cost-cutting, trade-policy uncertainty and lengthening sales cycles, while some investors worry about AI’s longer-term impact. Despite these issues, Gartner continues to generate strong free cash flow, has a solid balance sheet and returned about $2 billion via share repurchases in 2025, leading some investors to view the stock as attractively valued at current levels. » More on finance.yahoo.com

Renaissance Investment Management sold its position in Gartner following a deterioration in fundamental factors and several quarters of disappointing operating results. The firm cited moderated demand as clients reevaluate technology roadmaps and consider whether AI could replace some of Gartner's services, creating persistent headwinds. Gartner shares have fallen sharply over the past year and the manager said it prefers other AI stocks with greater upside and lower downside risk. » More on finance.yahoo.com