Tearsheet

Gartner (IT)


Market Price (12/29/2025): $250.16 | Market Cap: $18.7 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

Gartner (IT)


Market Price (12/29/2025): $250.16
Market Cap: $18.7 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
Weak multi-year price returns
2Y Excs Rtn is -89%, 3Y Excs Rtn is -106%
Key risks
IT key risks include [1] the failure to adapt its advisory services to a rapidly evolving technology landscape, Show more.
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%
  
2 Attractive yield
FCF Yield is 6.4%
  
3 Low stock price volatility
Vol 12M is 41%
  
4 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.
  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%
2 Attractive yield
FCF Yield is 6.4%
3 Low stock price volatility
Vol 12M is 41%
4 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -89%, 3Y Excs Rtn is -106%
6 Key risks
IT key risks include [1] the failure to adapt its advisory services to a rapidly evolving technology landscape, Show more.

Valuation, Metrics & Events

IT Stock


Why The Stock Moved


Qualitative Assessment

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Here are the key points regarding Gartner's stock movement of 0.6% between August 31, 2025, and December 29, 2025:

1. Gartner's Q3 2025 financial results, reported on November 4, 2025, showed stronger-than-expected performance, with an EPS of $2.76 that surpassed analyst consensus estimates of $2.41. The company also reported quarterly revenue of $1.52 billion, which met consensus expectations.

2. The company announced an increase in its Adjusted EBITDA and margin guidance for the full year 2025. This upward revision in financial outlook generally instills investor confidence and can support stock price stability or growth.

Show more

Stock Movement Drivers

Fundamental Drivers

The -4.3% change in IT stock from 9/28/2025 to 12/28/2025 was primarily driven by a -30.4% change in the company's Net Income Margin (%).
928202512282025Change
Stock Price ($)264.09252.61-4.35%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)6420.016459.770.62%
Net Income Margin (%)19.71%13.71%-30.44%
P/E Multiple16.1021.3632.63%
Shares Outstanding (Mil)77.1674.882.95%
Cumulative Contribution-4.43%

LTM = Last Twelve Months as of date shown

Market Drivers

9/28/2025 to 12/28/2025
ReturnCorrelation
IT-4.3% 
Market (SPY)4.3%28.2%
Sector (XLK)5.1%16.6%

Fundamental Drivers

The -37.3% change in IT stock from 6/29/2025 to 12/28/2025 was primarily driven by a -30.8% change in the company's Net Income Margin (%).
629202512282025Change
Stock Price ($)402.76252.61-37.28%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)6328.616459.772.07%
Net Income Margin (%)19.82%13.71%-30.81%
P/E Multiple24.8421.36-14.03%
Shares Outstanding (Mil)77.3674.883.20%
Cumulative Contribution-37.34%

LTM = Last Twelve Months as of date shown

Market Drivers

6/29/2025 to 12/28/2025
ReturnCorrelation
IT-37.3% 
Market (SPY)12.6%22.9%
Sector (XLK)17.0%12.2%

Fundamental Drivers

The -48.1% change in IT stock from 12/28/2024 to 12/28/2025 was primarily driven by a -39.8% change in the company's P/E Multiple.
1228202412282025Change
Stock Price ($)486.96252.61-48.13%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)6138.416459.775.24%
Net Income Margin (%)17.33%13.71%-20.89%
P/E Multiple35.4721.36-39.78%
Shares Outstanding (Mil)77.4874.883.36%
Cumulative Contribution-48.18%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2024 to 12/28/2025
ReturnCorrelation
IT-48.1% 
Market (SPY)17.0%39.7%
Sector (XLK)24.0%32.4%

Fundamental Drivers

The -25.8% change in IT stock from 12/29/2022 to 12/28/2025 was primarily driven by a -39.8% change in the company's P/E Multiple.
1229202212282025Change
Stock Price ($)340.22252.61-25.75%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)5277.456459.7722.40%
Net Income Margin (%)14.41%13.71%-4.84%
P/E Multiple35.4621.36-39.77%
Shares Outstanding (Mil)79.2674.885.52%
Cumulative Contribution-25.98%

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2023 to 12/28/2025
ReturnCorrelation
IT-44.0% 
Market (SPY)48.4%46.4%
Sector (XLK)54.0%39.1%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
IT Return4%109%1%34%7%-48%63%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
IT Win Rate58%75%42%50%67%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
IT Max Drawdown-46%-5%-33%-12%-9%-54% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See IT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventITS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven147 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven96.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven293 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven544 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-70.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven236.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven519 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Gartner's stock fell -34.0% during the 2022 Inflation Shock from a high on 11/2/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Gartner (IT)

Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts. The Conferences segment offers business professionals in an organization the opportunity to learn, share, and network. The Consulting segment offers market research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.

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1. Bloomberg for IT professionals

2. Consumer Reports for enterprise technology

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  • Gartner Research: Provides clients with access to in-depth research reports, proprietary methodologies (like Magic Quadrants), data, and expert analysis across various technology and business domains to support strategic decision-making.
  • Gartner Conferences: Hosts industry conferences worldwide, offering attendees opportunities for learning, networking, and direct engagement with Gartner analysts and technology providers.
  • Gartner Consulting: Delivers customized consulting engagements, helping organizations execute technology strategies, improve operational efficiency, and achieve specific business outcomes.

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Gartner (symbol: IT) primarily sells its research, advisory, and conference services to other companies and organizations, making it a B2B company. It does not sell primarily to individuals.

Gartner does not publicly disclose a list of its major customers by name due to client confidentiality and the nature of its diversified subscription-based business model. Their revenue comes from a vast number of clients across nearly every industry and geographic region, rather than a reliance on a handful of "major" customers whose names would be disclosed.

However, Gartner's customer base typically consists of a broad range of enterprises and organizations, which can be categorized as follows:

  • Large and Medium-Sized Corporations: These include companies across virtually all industries globally, such as technology, finance, retail, healthcare, manufacturing, automotive, and more. Key decision-makers and teams within these organizations (e.g., CIOs, CMOs, CFOs, HR leaders, supply chain executives) leverage Gartner's insights for strategic planning, technology investment decisions, market analysis, and operational improvement.
  • Technology and Service Providers: Companies that develop and sell technology products or services to other businesses are also significant clients. They utilize Gartner's research to understand market trends, competitive landscapes, customer needs, and to validate their own strategies and product roadmaps.
  • Government Agencies and Public Sector Organizations: Various governmental bodies and public institutions engage Gartner for independent research and advice on IT strategy, procurement, digital transformation initiatives, and policy-making.

Gartner's clients are typically senior leaders and their teams across diverse business functions who require objective insights, expert guidance, and market intelligence to achieve their strategic and operational objectives.

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Eugene A. Hall — Chairman of the Board & Chief Executive Officer

Eugene Hall has served as Gartner's Chief Executive Officer and a director since August 2004, and Chairman of the Board since July 2024. Before joining Gartner, he was a senior executive at Automatic Data Processing (ADP), a Fortune 500 global technology and service company, where he most recently served as President of the Employers Services Major Accounts Division. Prior to ADP, he spent 16 years at McKinsey & Company, most recently as a director.

Craig Safian — Executive Vice President & Chief Financial Officer

Craig Safian has been the Chief Financial Officer of Gartner Inc. since June 2014 and Executive Vice President since April 2017. He joined Gartner in 2002 and has held numerous leadership positions within the company, including Group Vice President of Global Finance Strategy & Corporate Development, Group Vice President of Strategy, and Managing Vice President of Financial Planning & Analysis. Prior to Gartner, he held finance positions at Headstrong (now part of Genpact) and Bristol-Myers Squibb, and was an accountant for Friedman, LLP. Mr. Safian previously served as President of CEB, Inc., a company that was subsequently acquired by Gartner.

Robin Kranich — Executive Vice President & Chief Human Resources Officer

Robin Kranich joined Gartner in 1994 and has accumulated experience in various sales, operational, and general manager roles throughout her tenure.

Yvonne Genovese — Executive Vice President, Research & Advisory

Yvonne Genovese serves as an Executive Vice President for Research & Advisory at Gartner.

Scott Hensel — Executive Vice President, Global Services & Delivery

Scott Hensel is the Executive Vice President of Global Services & Delivery. He holds a bachelor's degree from Brown University and an M.B.A. from the Wharton School at the University of Pennsylvania.

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Gartner (symbol: IT) faces several key risks inherent to its business model of providing technology research and advisory services:

  1. Maintaining Competitiveness and Innovation in a Rapidly Evolving Technology Landscape: Gartner operates in a highly competitive and fast-changing environment, requiring continuous innovation and enhancement of its products and services. The rapid evolution of technology, especially artificial intelligence (AI), presents a significant risk if the company cannot adapt quickly enough to new trends and offer relevant insights. Failure to do so could adversely affect business results and its ability to renew subscription-based services, which are a major revenue source.
  2. Macroeconomic and Industry Downturns: Global economic conditions, including inflation and geopolitical tensions, could negatively impact the demand for Gartner's products and services. A volatile low-growth macroeconomic environment has been identified as a top emerging risk. Such conditions can particularly affect the company's Conferences segment, a significant portion of its revenue.
  3. Legal, Regulatory, and Data Privacy Risks: Gartner must navigate a complex and evolving regulatory landscape, particularly concerning data privacy and the increasing scrutiny around artificial intelligence (AI) governance. Non-compliance with these regulations could result in significant penalties and damage to the company's reputation. The ethical and secure use of AI and the management of associated data risks are becoming increasingly critical.

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The rapid advancement and adoption of Artificial Intelligence (AI) and Generative AI tools represent a clear emerging threat to Gartner's core business model of providing proprietary research and advisory services.

These AI technologies are increasingly capable of synthesizing vast datasets, identifying market trends, generating detailed reports, and offering data-driven recommendations with speed and scale that challenge traditional human-centric analysis. As enterprises increasingly deploy and leverage AI for internal research, competitive analysis, and strategic decision-making, the unique value proposition of Gartner's subscription-based human analyst insights could be diminished, particularly for more generalized or commoditized information. This could lead to a reduction in demand for Gartner's services or significant downward pressure on their premium pricing model, similar to how digital streaming services disrupted physical media rental businesses.

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Gartner (NYSE: IT) is expected to drive future revenue growth over the next two to three years through several key initiatives and market trends:

  1. Strong Client Engagement and Retention: Gartner consistently reports robust enterprise client retention and improved contract renewal rates, which are fundamental to its subscription-based revenue model. This sustained client loyalty provides a stable and growing revenue base.
  2. Growing Demand for AI Insights and Tools: The company is experiencing significant demand for AI-related insights and has actively developed over 6,000 AI insights documents and enhanced its AI-driven tool, AskGartner. This focus on AI-powered offerings and advisory services is a key growth area.
  3. Expansion of the Research (Insights) Segment: The Insights segment, Gartner's primary revenue and profit driver, is forecast for continued growth, with expectations for FX-neutral research subscription revenue growth near 8%. Management anticipates contract value growth to re-accelerate in 2026 to high single digits, with a return to double-digit growth by 2027.
  4. Growth in the Conferences Segment: Gartner's Conferences segment has demonstrated significant revenue growth and increased attendance, highlighting a strong demand for in-person industry insights and networking opportunities. The company plans for 53 in-person destination conferences, indicating continued investment and expected growth in this area.
  5. Increased Sales Headcount: Gartner views increasing its sales headcount as a critical investment for long-term, sustained double-digit growth. The company plans for mid-to-high single-digit sales headcount growth in 2025, which is an essential part of its operating plan to expand its client base and service reach.

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Share Repurchases

  • Gartner repurchased approximately $1.5 billion of its stock year-to-date through the end of September 2025, with $1.1 billion occurring in Q3 2025.
  • In 2024, the company repurchased $735 million in shares.
  • The board authorized an additional $1 billion for share repurchases on September 10, 2025, complementing an existing $6 billion program that had approximately $450 million remaining as of August 2025.

Share Issuance

  • Gartner's capital allocation strategy prioritizes offsetting equity dilution.
  • The number of shares outstanding has consistently declined over the period, from 82.5 million in 2021 to 77.15 million in November 2025, indicating that repurchases have outweighed any issuance.

Outbound Investments

  • Gartner's capital allocation strategy includes "tuck-in acquisitions."
  • The company made notable acquisitions such as Pulse Q&A in 2021 and UpCity in 2022.
  • Net acquisitions/divestitures were reported as -$0.01 billion in 2022, $0.157 billion in 2023, and -$0.002 billion in 2024, reflecting a focus on smaller, strategic deals.

Capital Expenditures

  • A November 2025 analysis indicated that Gartner's capital expenditures fund approximately 2% of its revenue.

Better Bets than Gartner (IT)

Trade Ideas

Select ideas related to IT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
14.4%14.4%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
13.1%13.1%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.3%17.3%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
12.0%12.0%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.5%5.5%0.0%
IT_8312025_Dip_Buyer_High_CFO_Margins_ExInd_DE08312025ITGartnerDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.6%0.6%-10.8%

Recent Active Movers

More From Trefis

Peer Comparisons for Gartner

Peers to compare with:

Financials

ITHPQHPEIBMCSCOAAPLMedian
NameGartner HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price252.6123.2624.49305.0978.16273.40165.38
Mkt Cap18.921.932.6284.9309.24,074.4158.8
Rev LTM6,46055,29534,29665,40257,696408,62556,496
Op Inc LTM1,1593,6241,64411,54412,991130,2147,584
FCF LTM1,2162,80062711,85412,73396,1847,327
FCF 3Y Avg1,1692,9781,40011,75313,879100,5037,366
CFO LTM1,3313,6972,91913,48313,744108,5658,590
CFO 3Y Avg1,2803,6723,89613,49814,736111,5598,697

Growth & Margins

ITHPQHPEIBMCSCOAAPLMedian
NameGartner HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM5.2%3.2%13.8%4.5%8.9%6.0%5.6%
Rev Chg 3Y Avg7.0%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q2.7%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM0.6%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM17.9%6.6%4.8%17.7%22.5%31.9%17.8%
Op Mgn 3Y Avg18.7%7.4%7.2%16.4%24.2%30.8%17.5%
QoQ Delta Op Mgn LTM-0.3%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM20.6%6.7%8.5%20.6%23.8%26.6%20.6%
CFO/Rev 3Y Avg20.8%6.8%12.7%21.4%26.1%28.4%21.1%
FCF/Rev LTM18.8%5.1%1.8%18.1%22.1%23.5%18.5%
FCF/Rev 3Y Avg19.0%5.5%4.6%18.6%24.6%25.6%18.8%

Valuation

ITHPQHPEIBMCSCOAAPLMedian
NameGartner HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap18.921.932.6284.9309.24,074.4158.8
P/S2.90.41.04.45.410.03.6
P/EBIT17.76.819.925.122.531.321.2
P/E21.48.6572.736.029.941.033.0
P/CFO14.25.911.221.122.537.517.7
Total Yield4.7%14.1%2.3%5.0%5.4%2.8%4.8%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg4.4%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.10.50.70.20.10.00.2
Net D/E0.10.30.60.20.00.00.1

Returns

ITHPQHPEIBMCSCOAAPLMedian
NameGartner HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn8.5%-3.6%12.7%-1.1%1.6%-2.0%0.2%
3M Rtn-4.3%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-37.3%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-48.1%-27.0%16.2%40.5%34.5%7.5%11.8%
3Y Rtn-25.8%-3.7%67.3%141.3%79.6%114.1%73.5%
1M Excs Rtn4.9%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn-8.7%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-49.5%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-64.2%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-106.1%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Research4,8874,6054,1013,6033,375
Consulting515482418376394
Conferences505389214120477
Total5,9075,4764,7344,0994,245


Price Behavior

Price Behavior
Market Price$252.61 
Market Cap ($ Bil)18.9 
First Trading Date10/05/1993 
Distance from 52W High-53.9% 
   50 Days200 Days
DMA Price$238.39$324.85
DMA Trenddowndown
Distance from DMA6.0%-22.2%
 3M1YR
Volatility37.0%41.9%
Downside Capture58.01140.95
Upside Capture24.7653.57
Correlation (SPY)28.1%39.4%
IT Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.211.020.821.260.870.97
Up Beta-0.560.810.900.930.820.92
Down Beta1.071.632.131.240.710.91
Up Capture108%25%-6%22%41%61%
Bmk +ve Days12253873141426
Stock +ve Days7142655108389
Down Capture198%126%46%227%126%105%
Bmk -ve Days7162452107323
Stock -ve Days12273669139360

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of IT With Other Asset Classes (Last 1Y)
 ITSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-48.6%25.0%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility41.5%27.5%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio-1.480.790.722.700.340.09-0.08
Correlation With Other Assets 32.3%39.6%-3.4%10.3%31.1%16.9%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of IT With Other Asset Classes (Last 5Y)
 ITSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return10.0%18.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility32.1%24.7%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio0.360.690.700.970.500.160.57
Correlation With Other Assets 49.8%55.4%5.0%10.3%42.0%21.4%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of IT With Other Asset Classes (Last 10Y)
 ITSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return10.8%22.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility31.2%24.2%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.400.850.710.860.320.220.90
Correlation With Other Assets 53.5%59.4%2.2%18.5%48.1%14.7%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity5,298,390
Short Interest: % Change Since 113020253.9%
Average Daily Volume905,247
Days-to-Cover Short Interest5.85
Basic Shares Quantity74,884,000
Short % of Basic Shares7.1%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/4/2025-7.6%-7.0%-5.6%
8/5/2025-27.6%-32.9%-26.5%
5/6/20251.4%4.7%-0.3%
2/4/2025-0.1%-3.5%-10.5%
11/5/20241.7%8.7%3.5%
2/6/2024-1.7%-4.0%-0.2%
5/2/2023-1.8%-1.1%11.5%
2/7/20233.5%3.1%-0.8%
...
SUMMARY STATS   
# Positive131110
# Negative689
Median Positive7.6%6.3%13.8%
Median Negative-2.4%-4.2%-5.6%
Max Positive14.2%24.7%23.3%
Max Negative-27.6%-32.9%-26.5%

SEC Filings

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Report DateFiling DateFiling
93020251104202510-Q 9/30/2025
6302025805202510-Q 6/30/2025
3312025506202510-Q 3/31/2025
12312024213202510-K 12/31/2024
93020241105202410-Q 9/30/2024
6302024730202410-Q 6/30/2024
3312024430202410-Q 3/31/2024
12312023215202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023801202310-Q 6/30/2023
3312023502202310-Q 3/31/2023
12312022216202310-K 12/31/2022
93020221101202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021223202210-K 12/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Rinello John JSVP, Global Business Sales8262025Sell249.7110526,220805,315Form
1GUTIERREZ JOSE M 8202025Buy239.8041799,997498,784Form
2FUCHS ANNE SUTHERLAND 6132025Sell413.29655270,7053,330,704Form
3Jain AkhilEVP, Consulting5212025Sell450.00625281,2502,946,600Form
4Herkes ClaireEVP, Conferences5202025Sell447.1718884,0681,821,771Form