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The Bottom Fishing Club: Gartner - Approaching 2009 Great...
Paul Franke · 2026-05-11 · via All Articles on Seeking Alpha

Summary

  • Gartner trades near its best underlying valuation since early 2009, driven by SaaS sector pessimism and aggressive short selling.
  • IT's free cash flow yield of 10.8% significantly outpaces Treasury yields, with low valuation multiples highlighting a multi-decade opportunity despite only marginal operational downgrades.
  • Momentum indicators have turned positive, and a technical breakout above $162 could trigger a reversal, especially if shorts begin to cover.
  • I rate IT a Buy under $160, with Strong Buy territory below $139, citing deep undervaluation, resilient fundamentals, and potential for a sharp rebound.
Hand Showing Value Word Through Magnifying Glass

Zolak/iStock via Getty Images

Believe it or not, Gartner, Inc. (IT) is getting close to its lowest stock valuation on underlying fundamental metrics since the early 2009 Great Financial Crisis bottom. That's how insane and overwhelming the

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of IT, ACN, DXC, GLOB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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