Gartner, Inc.’s bullish thesis includes a share price of $229.00 on August 8th. The company, known for its research and advisory services, faces concerns over government IT spending and AI disruption. However, with a low price-to-free cash flow ratio, potential exists for a rebound if risks are overestimated.

Despite recent stock depreciation due to AI and government IT spending fears, Gartner, Inc. (IT) remains positioned for growth. The company’s strong market position, high renewal rates, and intellectual property provide competitive advantages. With a potential rebound scenario and attractive entry point for long-term investors, the stock offers value-oriented multiple.

While Gartner, Inc. is not among the 30 Most Popular Stocks Among Hedge Funds, 51 hedge fund portfolios held IT at the end of the first quarter. Despite potential as an investment, certain AI stocks offer greater upside and less downside risk. For those seeking an undervalued AI stock with benefits from Trump-era tariffs, a free report is available.

Read more at Yahoo Finance: Gartner, Inc. (IT): A Bull Case Theory