ZoomInfo Technologies (NASDAQ:GTM) Price Target Lowered to $3.50 at Wells Fargo & Company

ZoomInfo Technologies (NASDAQ:GTM) had its target price trimmed by Wells Fargo & Company from $6.00 to $3.50 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an underweight rating on the stock.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group decreased their price target on shares of ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Piper Sandler reissued a “neutral” rating and set a $4.00 price target (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday. Citizens Jmp decreased their price target on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday. Citigroup decreased their price target on shares of ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating on the stock in a research note on Wednesday, February 11th. Finally, UBS Group decreased their price target on shares of ZoomInfo Technologies from $13.00 to $8.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $7.84.

ZoomInfo Technologies Price Performance

Shares of ZoomInfo Technologies stock opened at $4.06 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 10.15, a P/E/G ratio of 1.69 and a beta of 1.04. ZoomInfo Technologies has a 1-year low of $3.87 and a 1-year high of $12.51. The firm’s 50-day moving average price is $6.01 and its two-hundred day moving average price is $8.12.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.27%. ZoomInfo Technologies’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 earnings per share. 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. On average, equities analysts predict that ZoomInfo Technologies will post 0.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of the firm’s 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 transaction, the general counsel directly owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO James M. Roth sold 35,723 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the sale, the executive 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 44,727 shares of company stock worth $262,834. Insiders own 9.90% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. acquired a new stake in ZoomInfo Technologies in the fourth quarter worth $255,416,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in ZoomInfo Technologies in the fourth quarter worth $5,799,000. JPMorgan Chase & Co. acquired a new stake in ZoomInfo Technologies in the third quarter worth $74,670,000. CIBC Private Wealth Group LLC acquired a new stake in ZoomInfo Technologies in the third quarter worth $5,419,000. Finally, State of New Jersey Common Pension Fund D acquired a new stake in ZoomInfo Technologies in the fourth quarter worth $2,336,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies News Summary

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

About ZoomInfo Technologies

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.