ZoomInfo Technologies (NASDAQ:GTM – Free Report) had its target price lowered by DA Davidson from $7.00 to $5.00 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.
GTM has been the topic of several other research reports. Jefferies Financial Group dropped their price objective on ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday. Mizuho dropped their price objective on ZoomInfo Technologies from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Wells Fargo & Company dropped their price objective on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research note on Tuesday. Finally, Citizens Jmp dropped their price objective on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $7.84.
Check Out Our Latest Analysis on GTM
ZoomInfo Technologies Price Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a return on equity of 17.27% and a net margin of 10.10%.ZoomInfo Technologies’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. 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, analysts anticipate that ZoomInfo Technologies will post 0.79 earnings per share for the current year.
Insider Buying and Selling
In other news, CRO James M. Roth sold 35,723 shares of the stock in a transaction that occurred 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 transaction, 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 sale 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 the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the transaction, the general counsel owned 76,872 shares in the company, valued at approximately $451,238.64. This trade represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 44,727 shares of company stock worth $262,834. 9.90% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On ZoomInfo Technologies
A number of large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in shares of ZoomInfo Technologies by 171.0% during the first quarter. PNC Financial Services Group Inc. now owns 41,171 shares of the company’s stock worth $246,000 after purchasing an additional 25,981 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of ZoomInfo Technologies by 24.7% during the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after purchasing an additional 2,992,276 shares during the period. Parallel Advisors LLC increased its stake in ZoomInfo Technologies by 105.1% during the 1st quarter. Parallel Advisors LLC now owns 7,975 shares of the company’s stock worth $48,000 after acquiring an additional 4,086 shares during the period. Watershed Asset Management L.L.C. bought a new position in ZoomInfo Technologies during the 1st quarter worth $465,000. Finally, Kera Capital Partners Inc. increased its stake in ZoomInfo Technologies by 33.3% during the 1st quarter. Kera Capital Partners Inc. now owns 43,848 shares of the company’s stock worth $262,000 after acquiring an additional 10,954 shares during the period. Institutional investors own 95.47% of the company’s stock.
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
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.
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