Wells Fargo & Company Lowers ZoomInfo Technologies (NASDAQ:GTM) Price Target to $3.00

ZoomInfo Technologies (NASDAQ:GTM) had its target price decreased by stock analysts at Wells Fargo & Company from $3.50 to $3.00 in a report released on Monday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential downside of 0.66% from the company’s previous close.

GTM has been the topic of a number of other research reports. Citizens Jmp decreased their target price on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research report on Tuesday, May 12th. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price target for the company from $12.00 to $5.00 in a research report on Tuesday, May 12th. DA Davidson reduced their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Citigroup decreased their price objective on ZoomInfo Technologies from $4.00 to $2.00 and set a “sell” rating on the stock in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lowered their target price on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $5.93.

ZoomInfo Technologies Stock Down 3.5%

Shares of NASDAQ GTM opened at $3.02 on Monday. The stock has a market capitalization of $890.05 million, a P/E ratio of 7.55, a PEG ratio of 0.59 and a beta of 0.87. ZoomInfo Technologies has a one year low of $2.54 and a one year high of $12.51. The firm’s 50 day simple moving average is $3.12 and its two-hundred day simple moving average is $5.61. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The firm had revenue of $310.20 million during the quarter. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The company’s 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. As a group, analysts expect that ZoomInfo Technologies will post 0.81 EPS for the current fiscal year.

Insider Buying and Selling

In other ZoomInfo Technologies news, Director Domenic Maida purchased 27,500 shares of the stock in a transaction on Tuesday, May 26th. The stock was acquired at an average price of $3.60 per share, with a total value of $99,000.00. Following the transaction, the director directly owned 66,342 shares of the company’s stock, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 9.90% of the stock is owned by insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Several hedge funds have recently made changes to their positions in GTM. Global Retirement Partners LLC bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $26,000. Fifth Third Bancorp bought a new stake in ZoomInfo Technologies in the fourth quarter valued at $29,000. Covestor Ltd bought a new stake in ZoomInfo Technologies in the fourth quarter valued at $34,000. Allworth Financial LP purchased a new position in ZoomInfo Technologies during the 3rd quarter valued at $40,000. Finally, Everhart Financial Group Inc. purchased a new position in ZoomInfo Technologies during the 2nd quarter valued at $40,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

ZoomInfo Technologies News Summary

Here are the key news stories impacting ZoomInfo Technologies this week:

• Positive Sentiment: ZoomInfo highlighted new customer case studies showing product adoption and ROI, including claims that clients like LINAK, Tegus, Seismic, and Pratt Industries saw measurable sales or cost-savings benefits from its platform. These updates may help support the company’s long-term growth narrative. Article Title
• Neutral Sentiment: ZoomInfo also drew a favorable earnings-related note from Zacks, which said the company has a strong history of beating estimates and may be positioned for another upside surprise in its next quarterly report. Article Title
• Negative Sentiment: Multiple law firms issued investor alerts after a class action lawsuit was filed against ZoomInfo, alleging securities-law violations for investors who bought shares between November 3, 2025 and May 11, 2026. The repeated reminders of the August 24 lead-plaintiff deadline are keeping legal overhang front and center. Article Title
• Negative Sentiment: The core allegation in the suit is that ZoomInfo misled investors about customer retention and AI integration, which reportedly preceded a roughly 33% stock drop. That narrative is weighing on sentiment and may be the main reason shares are lower today. Article Title
• Negative Sentiment: Wells Fargo also lowered its price target on ZoomInfo to $3.00 from $3.50 and kept an underweight rating, adding to the bearish tone around the stock. Article Title

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.