23.8% Below Target

The consensus Wall Street price target for IT is $176.1, representing 23.8% upside from the current price of $142.24. With 18 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

IT has a consensus rating of "Hold" based on 18 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $176.1 implies 23.8% upside from current levels.

With a forward P/E of 10.3667x, IT trades at a relatively low valuation. The consensus target of $176.1 implies 23.8% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $240 for IT, while the most conservative target is $140. The consensus of $176.1 represents the median expectation. Our quantitative valuation model projects a bull case target of $313 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

IT is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 10 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month IT stock forecast based on 18 Wall Street analysts shows a consensus price target of $176.1, with estimates ranging from $140 (bear case) to $240 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $238, with bear/bull scenarios of $150/$313.

Our quantitative valuation model calculates IT's fair value at $238 (base case), with a bear case of $150 and bull case of $313. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 57/100.

IT trades at a forward P/E ratio of 10.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on IT, with a "Hold" consensus rating and $176.1 price target (23.8% upside). 5 of 18 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

IT analyst price targets range from $140 to $240, a 57% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $176.1 consensus represents the middle ground. Our model's $150-$313 range provides an independent fundamental perspective.