Royal Bank Of Canada Forecasts Strong Price Appreciation for ZoomInfo Technologies (NASDAQ:GTM) Stock

Key Points

• RBC raised its ZoomInfo price target from $3.00 to $3.50 but kept an “underperform” rating; the new target still implies 3.18% downside from the prior close.
• Analyst views remain cautious overall: MarketBeat reports a consensus “Reduce” rating, despite a consensus target price of $5.32 and some recent upgrades.
• ZoomInfo beat quarterly EPS estimates with $0.29, but revenue fell 2.9% year over year to $308.8 million; shares dropped 15.1% on Thursday to $3.62.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) had its price target lifted by Royal Bank Of Canada from $3.00 to $3.50 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an "underperform" rating on the stock. Royal Bank Of Canada's target price indicates a potential downside of 3.18% from the company's previous close.

Several other research analysts have also issued reports on GTM. Wells Fargo & Company dropped their target price on ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating for the company in a research report on Monday, July 20th. Needham & Company LLC decreased their price target on ZoomInfo Technologies from $15.00 to $8.00 and set a "buy" rating for the company in a research note on Thursday. Citigroup raised their price target on ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a "sell" rating in a research note on Friday, August 7th. Stifel Nicolaus boosted their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the company a "hold" rating in a report on Thursday, August 6th. Finally, Piper Sandler raised ZoomInfo Technologies from an "underweight" rating to a "neutral" rating and upped their price objective for the company from $3.00 to $4.00 in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, ZoomInfo Technologies currently has a consensus rating of "Reduce" and a consensus target price of $5.32.

ZoomInfo Technologies Trading Down 15.1%

Shares of NASDAQ GTM traded down $0.65 during trading hours on Thursday, hitting $3.62. 3,932,914 shares of the company traded hands, compared to its average volume of 8,922,951. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of -1.93, a price-to-earnings-growth ratio of 0.46 and a beta of 0.79. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.52. The company's 50 day moving average price is $4.01 and its 200 day moving average price is $4.73. ZoomInfo Technologies has a 12 month low of $2.54 and a 12 month high of $11.23.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.21 by $0.08. The company had revenue of $308.80 million during the quarter. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The firm's quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 earnings per share. On average, equities research analysts anticipate that ZoomInfo Technologies will post 0.83 earnings per share for the current fiscal year.

Insider Buying and Selling at ZoomInfo Technologies

In related news, CRO James Roth sold 20,773 shares of the company's 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 completion of the sale, the executive directly owned 270,507 shares of the company's stock, valued at $1,000,875.90. This represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 29,135 shares of company stock valued at $109,908 in the last ninety days. Insiders own 9.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Amundi lifted its position in shares of ZoomInfo Technologies by 724.9% during the first quarter. Amundi now owns 667,967 shares of the company's stock valued at $3,994,000 after buying an additional 586,991 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of ZoomInfo Technologies by 120.6% in the 1st quarter. Principal Financial Group Inc. now owns 1,301,370 shares of the company's stock worth $7,782,000 after buying an additional 711,508 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of ZoomInfo Technologies by 24.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company's stock worth $90,302,000 after buying an additional 2,992,276 shares during the last quarter. AXQ Capital LP purchased a new position in shares of ZoomInfo Technologies in the 2nd quarter worth approximately $1,572,000. Finally, Quantinno Capital Management LP raised its stake in shares of ZoomInfo Technologies by 127.7% during the 1st quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company's stock worth $24,787,000 after acquiring an additional 2,324,381 shares in the last quarter. Hedge funds and other 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 rollout and hybrid pricing model. ZoomInfo free cash flow outlook
• Positive Sentiment: Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target from $3 to $4, signaling a less cautious view after the results. Analyst forecast revisions
• Neutral Sentiment: The company is emphasizing an upmarket strategy with a new platform and revised pricing model. It also announced a GTM.AI integration with Notion; these initiatives could support adoption, though their financial impact is not yet clear. GTM Q3 2026 deep dive Notion integration announcement
• Negative Sentiment: Third-quarter revenue was $308.8 million, down 2.9% year over year, pointing to continued sales pressure despite reported EPS of $0.29. ZoomInfo Q3 earnings
• Negative Sentiment: Needham cut its price target from $15 to $8, although it maintained a Buy rating. The sizeable target reduction may weigh on sentiment even with the implied upside from recent levels. Needham analyst rating

ZoomInfo Technologies Company Profile

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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