ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) had its price target cut by DA Davidson from $5.00 to $4.50 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. DA Davidson’s price target would indicate a potential upside of 8.70% from the company’s current price.
GTM has been the subject of several other reports. Canaccord Genuity Group downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the company from $12.00 to $5.00 in a research note on Tuesday, May 12th. Piper Sandler reaffirmed a “neutral” rating and issued a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. JPMorgan Chase & Co. reduced their price objective on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. UBS Group dropped their price target 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. Finally, Citizens Jmp reduced their price objective on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $5.90.
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ZoomInfo Technologies Price Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. The business had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.25 earnings per share. 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, sell-side analysts anticipate that ZoomInfo Technologies will post 0.81 earnings per share for the current year.
Insiders Place Their Bets
In other ZoomInfo Technologies news, Director Domenic Maida bought 27,500 shares of the firm’s 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 owned 66,342 shares in the company, valued at $238,831.20. This represents a 70.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 9.90% of the company’s stock.
Institutional Trading of ZoomInfo Technologies
Large investors have recently made changes to their positions in the stock. Advisory Services Network LLC purchased a new position in shares of ZoomInfo Technologies during the third quarter valued at approximately $105,000. SG Americas Securities LLC purchased a new stake in ZoomInfo Technologies in the fourth quarter worth approximately $522,000. Yousif Capital Management LLC bought a new stake in ZoomInfo Technologies in the 4th quarter worth approximately $865,000. Robeco Institutional Asset Management B.V. purchased a new stake in ZoomInfo Technologies during the 4th quarter valued at $7,100,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of ZoomInfo Technologies during the 4th quarter valued at $176,000. 95.47% of the stock is currently owned by institutional investors.
Key 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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