Gartner Inc. is facing a securities fraud class action lawsuit after two separate announcements of slowing growth wiped a combined 48% off its stock price, prompting investors to allege they were misled.
The lawsuit, filed in the District of Connecticut, alleges that Gartner and its executives "made false and/or misleading statements" about its contract value growth potential, according to a statement from law firm Robbins Geller Rudman & Dowd LLP.
The complaint highlights two key dates: on August 5, 2025, Gartner shares fell over 27% after the company revealed contract value growth slowed to 5%. Then on February 3, 2026, the stock dropped another 21% when Gartner announced a further decline in growth and a significant shortfall in its consulting division.
The lawsuit seeks to represent all investors who purchased Gartner common stock during the class period. The deadline for investors to file a motion to serve as lead plaintiff is May 18, 2026.
The class action, captioned Schmidt v. Gartner, Inc., alleges that the company created a false impression of reliable information regarding its contract value (CV) growth and Consulting segment revenue outlook. The complaint claims Gartner minimized risks from seasonality and macroeconomic fluctuations, while suggesting that an improving environment for "tariff impacted companies" would fuel continued growth.
According to the lawsuit, these statements were misleading as Gartner's non-federal CV growth was set to decline and its Consulting segment would underperform against internal projections.
The legal proceedings introduce significant uncertainty for Gartner's stock, with potential for financial penalties and reputational damage. Investors will be closely watching for the company's response to the allegations and any developments in the case, Schmidt v. Gartner, Inc.
This article is for informational purposes only and does not constitute investment advice.
