ZoomInfo Technologies Inc. (NASDAQ:GTM) Stock Has Average Price Target of $5.93 According to Brokerages

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have been given a consensus recommendation of “Reduce” by the eighteen research firms that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $5.93.

Several research analysts have weighed in on GTM shares. Citigroup lifted 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. DA Davidson cut their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company decreased their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a report on Monday, July 20th. UBS Group lowered 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 report on Thursday, August 6th. Finally, Stifel Nicolaus boosted their price objective on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a research note on Thursday, August 6th.

Insider Buying and Selling at ZoomInfo Technologies

In other news, CRO James Roth sold 20,773 shares of ZoomInfo Technologies stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $3.70, for a total value of $76,860.10. Following the sale, the executive owned 270,507 shares of the company’s stock, valued at $1,000,875.90. The trade was a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 23,362 shares of company stock valued at $86,623 over the last quarter. 9.90% of the stock is owned by insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of hedge funds have recently added to or reduced their stakes in GTM. Wedmont Private Capital acquired a new position in ZoomInfo Technologies during the 2nd quarter worth approximately $36,000. Waverly Advisors LLC acquired a new stake in shares of ZoomInfo Technologies in the 2nd quarter valued at approximately $38,000. IFP Advisors Inc lifted its holdings in shares of ZoomInfo Technologies by 269.8% in the 2nd quarter. IFP Advisors Inc now owns 13,364 shares of the company’s stock valued at $39,000 after buying an additional 9,750 shares during the period. NewEdge Advisors LLC boosted its stake in shares of ZoomInfo Technologies by 7,366.7% in the second quarter. NewEdge Advisors LLC now owns 13,440 shares of the company’s stock valued at $39,000 after buying an additional 13,260 shares in the last quarter. Finally, Everhart Financial Group Inc. purchased a new stake in shares of ZoomInfo Technologies in the second quarter valued at approximately $40,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

ZoomInfo Technologies Price Performance

Shares of GTM opened at $3.65 on Friday. ZoomInfo Technologies has a fifty-two week low of $2.54 and a fifty-two week high of $12.31. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -1.96, a price-to-earnings-growth ratio of 0.59 and a beta of 0.87. The firm has a 50-day simple moving average of $3.89 and a 200-day simple moving average of $4.12. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly 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 firm had revenue of $310.40 million for the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.25 EPS. 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 research analysts anticipate that ZoomInfo Technologies will post 0.83 earnings per share for the current year.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.