Here's Why Gartner (NYSE:IT) Has Caught The Eye Of Investors
May 22
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U.S. IT Industry Analysis
UpdatedJun 08, 2025
DataAggregated Company Financials
Companies103
- 7D4.3%
- 3M7.3%
- 1Y39.9%
- YTD12.5%
The IT industry is up 4.3% in the last week, with CoreWeave up 26%. This means that the industry has gained 40% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the U.S. IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Jun 2025 | US$989.0b | US$240.4b | US$17.1b | 29.7x | 57.9x | 4.1x |
| Tue, 06 May 2025 | US$858.1b | US$238.4b | US$17.0b | 36.3x | 50.4x | 3.6x |
| Thu, 03 Apr 2025 | US$883.0b | US$242.3b | US$18.5b | 34.9x | 47.8x | 3.6x |
| Sat, 01 Mar 2025 | US$946.7b | US$239.9b | US$18.0b | 39.2x | 52.5x | 3.9x |
| Mon, 27 Jan 2025 | US$898.3b | US$234.1b | US$16.3b | 43.5x | 55.1x | 3.8x |
| Wed, 25 Dec 2024 | US$879.0b | US$234.7b | US$16.7b | 41.2x | 52.6x | 3.7x |
| Fri, 22 Nov 2024 | US$839.5b | US$233.0b | US$16.3b | 41.7x | 51.5x | 3.6x |
| Sun, 20 Oct 2024 | US$831.5b | US$232.8b | US$17.8b | 45.5x | 46.8x | 3.6x |
| Tue, 17 Sep 2024 | US$773.2b | US$233.3b | US$17.5b | 35.5x | 44.1x | 3.3x |
| Thu, 15 Aug 2024 | US$727.6b | US$232.7b | US$17.5b | 31.2x | 41.5x | 3.1x |
| Sat, 13 Jul 2024 | US$715.2b | US$236.9b | US$17.2b | 28x | 41.6x | 3x |
| Mon, 10 Jun 2024 | US$679.8b | US$237.2b | US$17.3b | 26.8x | 39.4x | 2.9x |
| Wed, 08 May 2024 | US$743.8b | US$236.9b | US$16.0b | 27.1x | 46.5x | 3.1x |
| Fri, 05 Apr 2024 | US$764.6b | US$227.8b | US$13.8b | 25.8x | 55.3x | 3.4x |
| Sun, 03 Mar 2024 | US$821.4b | US$227.7b | US$14.3b | 22.9x | 57.4x | 3.6x |
| Tue, 30 Jan 2024 | US$832.6b | US$230.1b | US$13.4b | 22.7x | 62.3x | 3.6x |
| Thu, 28 Dec 2023 | US$798.2b | US$229.5b | US$12.8b | 20.8x | 62.3x | 3.5x |
| Sat, 25 Nov 2023 | US$737.5b | US$228.5b | US$12.7b | 20.6x | 58.1x | 3.2x |
| Mon, 23 Oct 2023 | US$637.1b | US$227.2b | US$6.5b | 18.8x | 98.5x | 2.8x |
| Wed, 20 Sep 2023 | US$684.9b | US$226.6b | US$6.8b | 25.1x | 101x | 3x |
| Fri, 18 Aug 2023 | US$658.0b | US$226.0b | US$6.5b | 21.6x | 100.6x | 2.9x |
| Sun, 16 Jul 2023 | US$696.9b | US$228.7b | US$6.1b | 25.3x | 114.5x | 3x |
| Tue, 13 Jun 2023 | US$680.9b | US$228.2b | US$5.9b | 23.8x | 115.1x | 3x |
| Thu, 11 May 2023 | US$614.6b | US$229.7b | US$6.5b | 22.4x | 94.4x | 2.7x |
| Sat, 08 Apr 2023 | US$589.8b | US$225.6b | US$2.4b | 22.3x | 246.5x | 2.6x |
| Mon, 06 Mar 2023 | US$2.0t | US$463.8b | US$22.5b | 26.6x | 88.3x | 4.3x |
| Wed, 01 Feb 2023 | US$2.0t | US$460.1b | US$40.0b | 27.8x | 50.9x | 4.4x |
| Fri, 30 Dec 2022 | US$1.9t | US$457.8b | US$39.2b | 28.4x | 48.2x | 4.1x |
| Sun, 27 Nov 2022 | US$2.0t | US$456.3b | US$39.0b | 28.6x | 50x | 4.3x |
| Tue, 25 Oct 2022 | US$1.8t | US$450.4b | US$37.4b | 27.8x | 49.1x | 4.1x |
| Thu, 22 Sep 2022 | US$1.9t | US$447.0b | US$41.4b | 26.2x | 44.9x | 4.2x |
| Sat, 20 Aug 2022 | US$2.1t | US$445.9b | US$41.6b | 29.8x | 50.8x | 4.7x |
| Mon, 18 Jul 2022 | US$1.9t | US$441.6b | US$46.9b | 28.6x | 41.5x | 4.4x |
| Wed, 15 Jun 2022 | US$1.9t | US$438.7b | US$46.9b | 25.1x | 39.7x | 4.2x |
Price to Earnings Ratio
39.7x
Current Industry PE
- Investors are pessimistic on the American IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 56.9x which is lower than its 3-year average PE of 67.6x.
- The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 29% per year over the last three years,
- Revenues have also declined 18% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | 1.78% | |
| Tech | 3.24% | |
| IT | 4.30% | |
| Internet Services and Infrastructure | 8.07% | |
| IT Consulting | 1.60% | |
| Data Processing Services | 0.95% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 32.0x.
- Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings growth of 6.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CRWV CoreWeave | US$140.16 | 25.9% +US$13.8b | n/a | PS24.8x | |
| IBM International Business Machines | US$268.87 | 3.8% +US$8.9b | 58.1% | PE44.5x | |
| SHOP Shopify | US$111.41 | 3.9% +US$5.4b | 80.9% | PE89.8x | |
| NET Cloudflare | US$179.67 | 8.3% +US$4.8b | 154.0% | PS35.2x | |
| MDB MongoDB | US$220.14 | 16.6% +US$2.7b | -3.0% | PS8.5x |
