ZoomInfo Technologies (NASDAQ:GTM – Free Report) had its price target decreased by JPMorgan Chase & Co. from $12.00 to $11.00 in a research report released on Tuesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
Other research analysts have also issued reports about the company. Wells Fargo & Company cut their price objective on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research report on Tuesday. Canaccord Genuity Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $12.00 to $5.00 in a research report on Tuesday. Mizuho dropped their target price on ZoomInfo Technologies from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. DA Davidson dropped their target price on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, Citigroup dropped their target price on ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating on the stock in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, ZoomInfo Technologies currently has an average rating of “Reduce” and an average target price of $7.84.
Check Out Our Latest Stock Analysis on ZoomInfo Technologies
ZoomInfo Technologies Trading Down 32.8%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.27% and a net margin of 10.10%.The company had revenue of $310.20 million for the quarter. During the same period last year, the business earned $0.23 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. Research analysts predict that ZoomInfo Technologies will post 0.79 earnings per share for the current fiscal year.
Insider Transactions at ZoomInfo Technologies
In related news, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $209,694.01. Following the completion of the transaction, the executive directly owned 139,795 shares in the company, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the completion of the transaction, the general counsel owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 44,727 shares of company stock valued at $262,834 over the last quarter. Insiders own 9.90% of the company’s stock.
Hedge Funds Weigh In On ZoomInfo Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of GTM. Vanguard Group Inc. acquired a new position in ZoomInfo Technologies in the fourth quarter valued at approximately $255,416,000. Sachem Head Capital Management LP acquired a new position in ZoomInfo Technologies in the fourth quarter valued at approximately $150,465,000. Dimensional Fund Advisors LP bought a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $123,138,000. LSV Asset Management bought a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $103,545,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of ZoomInfo Technologies during the third quarter valued at approximately $74,670,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Key ZoomInfo Technologies News
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo beat first-quarter earnings and revenue expectations, reporting $0.28 EPS versus $0.18 expected, with revenue of $310.2 million and slightly higher year-over-year sales. The company also raised FY 2026 EPS guidance above consensus. ZoomInfo (GTM) Tops Q1 Earnings and Revenue Estimates
- Neutral Sentiment: JPMorgan trimmed its price target to $11 from $12 but kept an overweight rating, suggesting it still sees meaningful upside from current levels. JPMorgan price target update
- Neutral Sentiment: Canaccord Genuity downgraded the stock from buy to hold, while BTIG reaffirmed neutral and Piper Sandler and Stifel both reduced targets to $4.00, reflecting a more cautious but not uniformly bearish stance. Analyst rating updates
- Neutral Sentiment: Trading volume surged well above normal, and options activity rose, indicating elevated investor attention around the earnings and guidance reset. ZoomInfo (GTM) Is Down 7.4% After Guidance Cut And Restructuring Pivot To Consumption Pricing
- Negative Sentiment: The biggest drag on the stock is the reduced outlook: FY 2026 revenue guidance came in below consensus, and ZoomInfo also said it will cut about 20% of its workforce as it pivots its strategy. ZoomInfo forecasts FY 2026 revenue $1.185B-$1.205B amid 20% workforce reduction
- Negative Sentiment: Several firms cut price targets sharply, including UBS to $5, DA Davidson to $5, Wells Fargo to $3.50, and Citizens JMP to $2.50, signaling concern that earnings growth and revenue trends are weakening. Analyst price target cuts
- Negative Sentiment: Media coverage framed the move as a major AI-related disruption hit to the software business, which is amplifying investor worries about ZoomInfo’s growth outlook. Barron’s article on ZoomInfo stock decline
ZoomInfo Technologies Company Profile
ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.
Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.
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