97% of consulting is monkey-see-monkey-do. Gartner just lost 74% proving it

The Pirate Street Journal · Jun 16, 2026 · 36m

HERE'S WHAT WE COVERED IN THIS EPISODE:

1. Gartner grew revenue again last year. Wall Street wiped out $30 billion anyway.

For 40 years, Gartner was the company you paid to tell you what tech to buy. It peaked at $551 a share in November 2024. This week it trades around $155, a 70% collapse, with market cap down from roughly $42 billion to about $10 billion.

The revenue still grows. That is not the point. For a growth company, value is investors’ read on the category's going-forward potential, and Wall Street has decided that Gartner does not have one. The moment you can ask an AI which CRM…