ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) was downgraded by equities researchers at Canaccord Genuity Group from a “buy” rating to a “hold” rating in a report issued on Tuesday, MarketBeat.com reports. They currently have a $5.00 price target on the stock. Canaccord Genuity Group’s target price would indicate a potential downside of 17.22% from the company’s previous close.
Several other research firms have also weighed in on GTM. Barclays reduced their price objective on ZoomInfo Technologies from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Royal Bank Of Canada reduced their price objective on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Tuesday, February 10th. Wells Fargo & Company reduced their price objective on ZoomInfo Technologies from $10.00 to $6.00 and set an “underweight” rating for the company in a research note on Tuesday, February 10th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $4.00 target price (down from $12.00) on shares of ZoomInfo Technologies in a research report on Tuesday. Finally, Citizens Jmp decreased their target price on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $8.13.
Read Our Latest Research Report on GTM
ZoomInfo Technologies Stock Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.10. The business had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 16.32% and a net margin of 9.94%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. 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, equities analysts predict that ZoomInfo Technologies will post 0.79 EPS for the current fiscal year.
Insider Buying and Selling at ZoomInfo Technologies
In related news, CRO James M. Roth sold 35,723 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the sale, the executive directly owned 139,795 shares in the company, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the sale, the general counsel owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is currently owned by insiders.
Institutional Trading of ZoomInfo Technologies
Hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $29,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $34,000. Allworth Financial LP purchased a new stake in shares of ZoomInfo Technologies during the third quarter worth $40,000. Finally, Parallel Advisors LLC purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $40,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
Key ZoomInfo Technologies News
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo beat Q1 2026 estimates, reporting $0.28 EPS versus the $0.18 consensus and revenue of $310.2 million, with revenue up 1.5% year over year. Article Title
- Positive Sentiment: The company also raised its full-year EPS outlook to $1.10-$1.12, above prior expectations, suggesting management sees better profitability ahead. Article Title
- Positive Sentiment: Investor interest appears to be building, with unusual options activity showing a sharp increase in call buying ahead of the earnings release. Article Title
- Neutral Sentiment: Market commentary suggests ZoomInfo is shifting toward a more intelligence-driven and consumption-based model, which could improve long-term positioning but may take time to show results. Article Title
- Negative Sentiment: Despite the earnings beat, ZoomInfo lowered revenue expectations, guiding FY 2026 revenue to about $1.185 billion-$1.205 billion and Q2 revenue to $300 million-$303 million, both below analyst expectations. Article Title
- Negative Sentiment: The company said it will reduce its workforce by about 20% as part of a restructuring pivot, which signals cost pressure and slower growth expectations. Article Title
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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