ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) was upgraded by equities research analysts at Piper Sandler from an “underweight” rating to a “neutral” rating in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has a $4.00 price objective on the stock, up from their prior price objective of $3.00. Piper Sandler‘s price objective indicates a potential upside of 14.29% from the stock’s previous close.
GTM has been the topic of a number of other reports. DA Davidson cut their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Citigroup raised their target price on ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Friday, August 7th. UBS Group dropped their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Stifel Nicolaus raised their target price on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Finally, Wells Fargo & Company dropped their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a research report on Monday, July 20th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $5.32.
Read Our Latest Analysis on ZoomInfo Technologies
ZoomInfo Technologies Stock Performance
Shares of NASDAQ GTM traded up $0.02 during midday trading on Thursday, hitting $3.50. 9,791,806 shares of the company’s stock were exchanged, compared to its average volume of 4,586,967. ZoomInfo Technologies has a twelve month low of $2.54 and a twelve month high of $10.78. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.65 and a quick ratio of 0.65. The firm has a market cap of $1.02 billion, a P/E ratio of -1.78, a PEG ratio of 0.47 and a beta of 0.79. The stock’s 50 day moving average price is $3.99 and its 200-day moving average price is $4.68.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.08. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%. The firm had revenue of $308.80 million for the quarter. During the same period in the previous year, the firm earned $0.28 EPS. The firm’s revenue was down 2.9% on a year-over-year basis. Equities research analysts anticipate that ZoomInfo Technologies will post 0.83 EPS for the current year.
Insider Buying and Selling at ZoomInfo Technologies
In other news, CRO James Roth sold 20,773 shares of ZoomInfo Technologies stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $3.70, for a total value of $76,860.10. Following the transaction, the executive owned 270,507 shares of the company’s stock, valued at $1,000,875.90. This trade represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 29,135 shares of company stock valued at $109,908. 9.90% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On ZoomInfo Technologies
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. raised its stake in ZoomInfo Technologies by 33.9% during the third quarter. Russell Investments Group Ltd. now owns 788,585 shares of the company’s stock worth $2,902,000 after acquiring an additional 199,586 shares in the last quarter. Maryland State Retirement & Pension System lifted its holdings in ZoomInfo Technologies by 34.3% during the 3rd quarter. Maryland State Retirement & Pension System now owns 50,458 shares of the company’s stock valued at $191,000 after purchasing an additional 12,879 shares during the last quarter. Fulcrum Asset Management LLP lifted its holdings in ZoomInfo Technologies by 702.2% during the 3rd quarter. Fulcrum Asset Management LLP now owns 296,494 shares of the company’s stock valued at $1,076,000 after purchasing an additional 259,536 shares during the last quarter. May Hill Capital LLC acquired a new position in ZoomInfo Technologies in the third quarter valued at about $41,000. Finally, Ullmann Wealth Partners Group LLC grew its stake in ZoomInfo Technologies by 33.0% during the third quarter. Ullmann Wealth Partners Group LLC now owns 16,346 shares of the company’s stock worth $62,000 after buying an additional 4,055 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.
ZoomInfo Technologies News Roundup
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo forecast 2026 unlevered free cash flow of $405 million to $425 million, alongside its GTM1 platform rollout and hybrid pricing strategy—potentially supporting its push toward larger customers. Article: ZoomInfo signals 2026 free cash flow amid GTM1 rollout and hybrid pricing
- Positive Sentiment: Piper Sandler upgraded the stock from underweight to neutral and raised its target from $3 to $4. Needham also kept a buy rating, despite cutting its target from $15 to $8. Article: Analysts revise forecasts on ZoomInfo after Q3 results
- Neutral Sentiment: Q3 adjusted EPS was $0.29. Reports differed on whether that beat or matched consensus; revenue was $308.8 million, down 2.9% from a year earlier. Article: ZoomInfo meets Q3 earnings estimates
- Negative Sentiment: RBC raised its target from $3 to $3.50 but maintained an underperform rating, indicating limited upside in its view. The year-over-year revenue decline also points to continued growth pressure. Article: ZoomInfo price target raised at Royal Bank of Canada
About ZoomInfo Technologies
ZoomInfo Technologies provides cloud-based go-to-market intelligence and sales-enablement software for businesses. Its platform helps organizations identify prospective customers, understand account and contact information, monitor business activity, and coordinate sales and marketing efforts. The company serves customers across a range of industries and geographies, primarily through subscription-based software services.
Its product portfolio has included SalesOS, MarketingOS, OperationsOS and related tools designed to support business-to-business prospecting, account-based marketing, data management and revenue operations.
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