ZoomInfo Technologies (NASDAQ:GTM) Price Target Lowered to $2.00 at Citigroup

ZoomInfo Technologies (NASDAQ:GTMFree Report) had its price objective trimmed by Citigroup from $4.00 to $2.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a sell rating on the stock.

Several other research analysts have also issued reports on GTM. Canaccord Genuity Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their target price for the stock from $12.00 to $5.00 in a research report on Tuesday, May 12th. Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $4.00 price target (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. JPMorgan Chase & Co. decreased their price objective on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. Finally, DA Davidson lowered their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $5.98.

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ZoomInfo Technologies Trading Up 0.7%

Shares of GTM opened at $2.94 on Thursday. The firm’s 50-day moving average price is $3.60 and its 200-day moving average price is $6.01. The firm has a market capitalization of $866.48 million, a price-to-earnings ratio of 7.35, a PEG ratio of 0.55 and a beta of 0.87. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. ZoomInfo Technologies has a 1-year low of $2.54 and a 1-year high of $12.51.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last announced its quarterly earnings results 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. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company had revenue of $310.20 million for the quarter. During the same quarter in the prior year, the firm earned $0.23 EPS. ZoomInfo Technologies’s quarterly revenue 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. Sell-side analysts anticipate that ZoomInfo Technologies will post 0.81 EPS for the current year.

Insider Buying and Selling

In related news, Director Domenic Maida bought 27,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of $3.60 per share, with a total value of $99,000.00. Following the completion of the purchase, the director owned 66,342 shares in the company, valued at approximately $238,831.20. The trade was a 70.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On ZoomInfo Technologies

Large investors have recently modified their holdings of the stock. Global Retirement Partners LLC bought a new stake in ZoomInfo Technologies during the 4th quarter valued at about $26,000. Fifth Third Bancorp bought a new position in shares of ZoomInfo Technologies in the fourth quarter worth approximately $29,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $34,000. Allworth Financial LP purchased a new stake in shares of ZoomInfo Technologies during the third quarter valued at approximately $40,000. Finally, Everhart Financial Group Inc. bought a new stake in shares of ZoomInfo Technologies during the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Key Headlines Impacting ZoomInfo Technologies

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ZoomInfo Technologies Company Profile

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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.

Further Reading

Analyst Recommendations for ZoomInfo Technologies (NASDAQ:GTM)

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