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

Key Points

• Wall Street has a bearish view of ZoomInfo: Eighteen analysts assign the stock a consensus “Reduce” rating, including seven sells, ten holds and one buy. The average 12-month price target is $5.93.
• ZoomInfo reported quarterly EPS of $0.28, exceeding the $0.19 consensus estimate, while revenue rose 1.2% year over year to $310.4 million. Despite the earnings beat, the company posted a negative net margin of 43.01%.
• The stock opened at $4.43 and remains well below its 52-week high of $12.31. Insiders sold shares in recent months, while institutional investors continued increasing their holdings and collectively own 95.47% of the company.

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

Several equities research analysts have weighed in on the stock. UBS Group decreased their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a research note on Thursday, August 6th. Citigroup increased their price objective on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a "sell" rating in a research report on Friday, August 7th. DA Davidson reduced their target price 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 reduced their target price on ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating for the company in a research note on Monday, July 20th. Finally, Stifel Nicolaus boosted their target price on ZoomInfo Technologies from $3.50 to $4.00 and gave the company a "hold" rating in a research report on Thursday, August 6th.

ZoomInfo Technologies Stock Performance

Shares of GTM stock opened at $4.43 on Thursday. The firm has a 50 day moving average of $3.96 and a 200-day moving average of $4.88. The company has a market cap of $1.29 billion, a price-to-earnings ratio of -2.38, a price-to-earnings-growth ratio of 0.68 and a beta of 0.87. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies has a 52 week low of $2.54 and a 52 week high of $12.31.

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

Insider Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, CRO James Roth sold 20,773 shares of the firm's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total value of $76,860.10. Following the completion of the sale, the executive owned 270,507 shares of the company's stock, valued at approximately $1,000,875.90. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 28,362 shares of company stock valued at $106,623 in the last 90 days. 9.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On ZoomInfo Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. RPD Fund Management LLC increased its stake in ZoomInfo Technologies by 78.6% during the 1st quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company's stock valued at $102,851,000 after purchasing an additional 7,570,791 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of ZoomInfo Technologies by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company's stock valued at $90,302,000 after buying an additional 2,992,276 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of ZoomInfo Technologies by 127.7% in the first quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company's stock valued at $24,787,000 after buying an additional 2,324,381 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of ZoomInfo Technologies by 81.1% in the first quarter. Bank of America Corp DE now owns 1,898,951 shares of the company's stock valued at $11,356,000 after buying an additional 850,386 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of ZoomInfo Technologies by 1,825.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 816,805 shares of the company's stock valued at $4,884,000 after buying an additional 774,392 shares during the last quarter. Institutional investors own 95.47% of the company's stock.

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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