ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report)’s share price rose 7.4% on Thursday . The stock traded as high as $4.09 and last traded at $4.0820. 477,541 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 10,055,038 shares. The stock had previously closed at $3.80.
Analyst Upgrades and Downgrades
A number of research analysts have commented on GTM shares. Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $12.00 to $5.00 in a report on Tuesday, May 12th. BTIG Research reiterated a “neutral” rating on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. 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 report on Tuesday, May 12th. Jefferies Financial Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price target for the company from $12.00 to $4.00 in a research report on Thursday, May 21st. Finally, Barclays reduced their price objective on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $5.93.
View Our Latest Stock Report on GTM
ZoomInfo Technologies Trading Up 7.5%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The firm had revenue of $310.40 million for the quarter. During the same period in the prior 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. As a group, analysts expect that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current fiscal year.
Institutional Trading of ZoomInfo Technologies
Several hedge funds have recently made changes to their positions in GTM. Advisory Services Network LLC acquired a new position in ZoomInfo Technologies during the 3rd quarter valued at approximately $105,000. Merit Financial Group LLC acquired a new stake in ZoomInfo Technologies in the fourth quarter worth $133,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in ZoomInfo Technologies in the fourth quarter valued at $848,000. Evergreen Capital Management LLC bought a new stake in ZoomInfo Technologies in the fourth quarter valued at $215,000. Finally, M&T Bank Corp bought a new stake in ZoomInfo Technologies in the fourth quarter valued at $1,250,000. Institutional investors own 95.47% of the company’s stock.
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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