Professional
Added to YB: 2025-01-17
Pitch date: 2025-01-11
IT [bullish]
Gartner, Inc.
-60.25%
current return
Author Info
Seeking Winners is a senior financial controller investing for the long-term. Sign up for the newsletter.
Company Info
Gartner, Inc. provides business and technology insights to support decision-making and performance on an organization’s mission-critical priorities in the United States, Canada, Europe, the Middle East, Africa, and internationally.
Market Cap
$8.9B
Pitch Price
$485.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.63
P/E
13.24
EV/Sales
1.64
Sector
IT Services
Category
growth
Q4 2024 - Seeking Winners Quarterly Letter
IT: Leading tech research & advisory co. w/ 76% recurring rev, 12-16% organic growth. Sticky revenue, high margins (70-80% FCF/EBITDA), recession-resistant. $198B TAM, only 17k/150k potential customers. Monopoly position, 20x larger than Forrester. Est. 20%+ annual FCF/share growth, 20%+ IRR potential. $1,250 target @ 27x 2029 FCF.
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