Gartner's Q1 Performance Impacted by Compressed Valuation Multiples
Baron Small Cap Fund reported a -7.90% return in Q1 2026, underperforming the Russell 2000 Growth Index (-2.81%). Gartner (IT) was highlighted as one of its holdings that detracted from performance due to compressed valuation multiples driven by AI-related concerns and below-expectation contract value growth.
Tickers: $IT
Topics: AI disruption Baron Small Cap Fund Gartner IT sector