Here's Why Gartner (NYSE:IT) Has Caught The Eye Of Investors
May 22
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U.S. IT Industry Analysis
UpdatedMay 24, 2025
DataAggregated Company Financials
Companies103
- 7D-1.4%
- 3M-7.5%
- 1Y28.0%
- YTD5.7%
Over the last 7 days, the IT industry has dropped 1.4%, driven by Shopify declining 8.3%. In contrast, CoreWeave has gained 28%. In the past year, the industry has gained 28%. Looking forward, earnings are forecast to grow by 18% annually.
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, 25 May 2025 | US$930.5b | US$240.2b | US$16.9b | 29x | 54.9x | 3.9x |
| Tue, 22 Apr 2025 | US$804.6b | US$242.4b | US$18.5b | 32.3x | 43.5x | 3.3x |
| Thu, 20 Mar 2025 | US$872.0b | US$240.0b | US$19.1b | 44.8x | 45.6x | 3.6x |
| Sat, 15 Feb 2025 | US$1.0t | US$239.6b | US$18.2b | 44.8x | 57.5x | 4.4x |
| Mon, 13 Jan 2025 | US$855.5b | US$234.0b | US$16.5b | 38.9x | 52x | 3.7x |
| Wed, 11 Dec 2024 | US$907.6b | US$233.2b | US$16.4b | 45.9x | 55.5x | 3.9x |
| Fri, 08 Nov 2024 | US$806.4b | US$233.0b | US$16.3b | 46x | 49.6x | 3.5x |
| Sun, 06 Oct 2024 | US$806.1b | US$232.9b | US$17.8b | 43.3x | 45.4x | 3.5x |
| Tue, 03 Sep 2024 | US$761.2b | US$233.2b | US$17.5b | 38.3x | 43.4x | 3.3x |
| Thu, 01 Aug 2024 | US$751.2b | US$237.2b | US$17.4b | 29.7x | 43.1x | 3.2x |
| Sat, 29 Jun 2024 | US$706.4b | US$237.1b | US$17.2b | 27.9x | 41.1x | 3x |
| Mon, 27 May 2024 | US$707.2b | US$237.0b | US$17.2b | 28.2x | 41x | 3x |
| Wed, 24 Apr 2024 | US$734.3b | US$227.8b | US$13.7b | 24.2x | 53.4x | 3.2x |
| Fri, 22 Mar 2024 | US$816.2b | US$227.7b | US$14.6b | 22.5x | 56.1x | 3.6x |
| Sun, 18 Feb 2024 | US$831.3b | US$227.5b | US$14.2b | 23.4x | 58.5x | 3.7x |
| Tue, 16 Jan 2024 | US$799.2b | US$229.4b | US$12.9b | 20.7x | 61.8x | 3.5x |
| Thu, 14 Dec 2023 | US$770.8b | US$229.0b | US$12.8b | 21x | 60.2x | 3.4x |
| Sat, 11 Nov 2023 | US$679.6b | US$228.4b | US$12.6b | 20.9x | 53.8x | 3x |
| Mon, 09 Oct 2023 | US$668.4b | US$227.2b | US$6.5b | 22.3x | 103.3x | 2.9x |
| Wed, 06 Sep 2023 | US$709.1b | US$226.6b | US$6.8b | 22.3x | 104.2x | 3.1x |
| Fri, 04 Aug 2023 | US$682.9b | US$226.9b | US$6.3b | 23.3x | 109x | 3x |
| Sun, 02 Jul 2023 | US$679.5b | US$228.6b | US$6.1b | 23.6x | 111.5x | 3x |
| Tue, 30 May 2023 | US$646.8b | US$228.0b | US$5.8b | 23.4x | 112.5x | 2.8x |
| Thu, 27 Apr 2023 | US$573.5b | US$165.0b | US$2.7b | 20.9x | 209.9x | 3.5x |
| Sat, 25 Mar 2023 | US$572.3b | US$225.7b | US$2.3b | 22.6x | 245.5x | 2.5x |
| Mon, 20 Feb 2023 | US$2.0t | US$462.1b | US$22.5b | 28.4x | 89.1x | 4.3x |
| Wed, 18 Jan 2023 | US$2.0t | US$458.1b | US$39.2b | 28.9x | 51.4x | 4.4x |
| Fri, 16 Dec 2022 | US$1.9t | US$456.9b | US$39.0b | 27.6x | 48.6x | 4.1x |
| Sun, 13 Nov 2022 | US$1.9t | US$455.9b | US$37.9b | 28.6x | 51.4x | 4.3x |
| Tue, 11 Oct 2022 | US$1.8t | US$449.5b | US$41.7b | 26.1x | 42.7x | 4x |
| Thu, 08 Sep 2022 | US$1.9t | US$446.7b | US$41.5b | 27.9x | 46.8x | 4.3x |
| Sat, 06 Aug 2022 | US$2.1t | US$444.4b | US$42.2b | 29.5x | 49.9x | 4.7x |
| Mon, 04 Jul 2022 | US$1.9t | US$442.4b | US$47.2b | 28.3x | 40.5x | 4.3x |
| Wed, 01 Jun 2022 | US$2.1t | US$438.5b | US$47.3b | 28.6x | 44x | 4.7x |
Price to Earnings Ratio
44x
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 55.5x which is lower than its 3-year average PE of 67.4x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
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 | -2.68% | |
| Tech | -3.39% | |
| IT | -1.38% | |
| Internet Services and Infrastructure | 0.69% | |
| Data Processing Services | -1.11% | |
| IT Consulting | -2.79% | |
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 10.2%, 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 28% 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$102.74 | 27.9% +US$10.8b | n/a | PS18.2x | |
| SNOW Snowflake | US$200.05 | 9.3% +US$5.7b | 28.1% | PS17.4x | |
| NET Cloudflare | US$158.04 | 0.5% +US$294.6m | 113.0% | PS30.9x | |
| GDS GDS Holdings | US$28.50 | 4.7% +US$246.9m | 268.2% | PE217.3x | |
| APLD Applied Digital | US$7.36 | 7.8% +US$119.1m | 59.7% | PS7.5x |
