ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) had its price target cut by stock analysts at DA Davidson from $5.00 to $4.50 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s price target indicates a potential upside of 8.70% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on GTM. Bank of America restated an “underperform” rating and set a $4.00 price objective on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. Piper Sandler reaffirmed a “neutral” rating and set a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. Mizuho reiterated an “underperform” rating and issued a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $12.00 to $5.00 in a research report on Tuesday, May 12th. Finally, UBS Group cut their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday. One investment 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. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $5.90.
Check Out Our Latest Research Report on ZoomInfo Technologies
ZoomInfo Technologies Stock Up 13.1%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company had revenue of $310.40 million during the quarter. During the same period last year, the business earned $0.25 EPS. The business’s revenue was up 1.2% on a year-over-year basis. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. On average, equities analysts expect that ZoomInfo Technologies will post 0.81 EPS for the current year.
Insider Buying and Selling
In other news, Director Domenic Maida acquired 27,500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the acquisition, the director directly owned 66,342 shares in the company, valued at $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 link. 9.90% of the stock is owned by insiders.
Institutional Investors Weigh In On ZoomInfo Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new position in ZoomInfo Technologies during the 3rd quarter valued at $105,000. SG Americas Securities LLC purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $522,000. Yousif Capital Management LLC purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $865,000. Robeco Institutional Asset Management B.V. bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at about $7,100,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at about $176,000. 95.47% of the stock is owned by institutional investors.
More ZoomInfo Technologies News
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo reported second-quarter adjusted EPS of $0.28, well above the $0.19 consensus cited by MarketBeat and ahead of $0.25 a year earlier. Revenue reached $310.4 million, up 1.2% year over year. ZoomInfo Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Management issued third-quarter EPS guidance of $0.28-$0.29 and revenue guidance of $298 million-$301 million, both above analyst expectations. Full-year EPS guidance of $1.12-$1.13 also exceeded the $1.05 consensus estimate. ZoomInfo 2026 Outlook and Hybrid Consumption Pricing
- Positive Sentiment: The company is rolling out hybrid consumption-based pricing and highlighting integrations with Anthropic’s Claude and OpenAI’s Codex, supporting its strategy to position ZoomInfo as an AI-enabled go-to-market platform. Full-year revenue is projected at approximately $1.207 billion-$1.217 billion. ZoomInfo Second Quarter Results
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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