ZoomInfo Technologies Inc. (NASDAQ:GTM) Stock Now Rated "Reduce" by Wall Street Brokerages

Key Points

• ZoomInfo has an average “Reduce” rating from 18 analysts: seven recommend selling, ten rate it a hold, and only one recommends buying. The average 12-month price target is $5.93.
• The stock opened at $3.71 and remains well below its 52-week high of $12.31. Recent analyst actions were mixed, with several firms cutting price targets while maintaining sell or neutral ratings.
• ZoomInfo exceeded quarterly earnings expectations, reporting $0.28 in adjusted EPS versus a $0.19 consensus estimate, while revenue rose 1.2% year over year to $310.4 million. Institutional investors own 95.47% of the company’s shares.

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) has been assigned an average recommendation of "Reduce" from the eighteen brokerages that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $5.93.

GTM has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating on the stock in a report on Monday, July 20th. Citigroup lifted their price objective on ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a "sell" rating in a report on Friday, August 7th. DA Davidson decreased their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a research report on Thursday, August 6th. UBS Group lowered their target price 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. Finally, Stifel Nicolaus lifted their price target on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a "hold" rating in a research note on Thursday, August 6th.

ZoomInfo Technologies Trading Down 3.6%

NASDAQ:GTM opened at $3.71 on Friday. The company's 50 day moving average price is $3.87 and its 200-day moving average price is $4.17. ZoomInfo Technologies has a 52 week low of $2.54 and a 52 week high of $12.31. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of -1.99, a PEG ratio of 0.58 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The company had revenue of $310.40 million during the quarter. During the same quarter in the previous year, the firm earned $0.25 earnings per share. ZoomInfo Technologies's revenue was up 1.2% on a year-over-year basis. 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 forecast that ZoomInfo Technologies will post 0.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of large investors have recently added to or reduced their stakes in GTM. Sachem Head Capital Management LP purchased a new position in shares of ZoomInfo Technologies in the 4th quarter worth $150,465,000. Legal & General Group Plc purchased a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at about $4,091,000. Amundi lifted its stake in shares of ZoomInfo Technologies by 724.9% in the 1st quarter. Amundi now owns 667,967 shares of the company's stock worth $3,994,000 after purchasing an additional 586,991 shares during the period. Norges Bank bought a new position in shares of ZoomInfo Technologies in the 4th quarter worth approximately $31,428,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of ZoomInfo Technologies by 120.6% in the first 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. Institutional investors own 95.47% of the company's stock.

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.

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