ZoomInfo Technologies (NASDAQ:GTM) Trading Down 7.6% - Time to Sell?

Key Points

• ZoomInfo shares fell 7.6% to about $3.82, with trading volume down 94% from its average daily level.
• Analyst sentiment remains bearish: the stock has an average “Reduce” rating, with 7 sells, 10 holds, and 1 buy; the average price target is $5.93 after several recent target cuts.
• The company beat quarterly EPS estimates, reporting $0.28 versus $0.19 expected, but revenue rose only 1.2% year over year and net margin remained negative at 43.01%.

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report)'s share price dropped 7.6% during trading on Tuesday . The company traded as low as $3.82 and last traded at $3.8150. 611,530 shares traded hands during trading, a decline of 94% from the average daily volume of 9,856,910 shares. The stock had previously closed at $4.13.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Barclays cut their price target on ZoomInfo Technologies from $8.00 to $5.00 and set an "equal weight" rating for the company in a report on Wednesday, May 13th. Piper Sandler reiterated a "neutral" rating and set a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Stifel Nicolaus raised their target price on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the company a "hold" rating in a report on Thursday, August 6th. Bank of America restated an "underperform" rating and issued a $4.00 price target on shares of ZoomInfo Technologies in a research report on Tuesday, May 19th. Finally, Mizuho reaffirmed an "underperform" rating and set a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $5.93.

ZoomInfo Technologies Price Performance

The firm has a market capitalization of $1.12 billion, a P/E ratio of -2.07, a price-to-earnings-growth ratio of 0.64 and a beta of 0.85. 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 firm has a 50 day moving average price of $3.54 and a 200-day moving average price of $4.47.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share 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 for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, analysts expect that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current year.

Institutional Trading of ZoomInfo Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GTM. Sachem Head Capital Management LP purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter worth approximately $150,465,000. Legal & General Group Plc bought a new position in ZoomInfo Technologies in the 4th quarter valued at $4,091,000. Jupiter Asset Management Ltd. purchased a new stake in ZoomInfo Technologies in the fourth quarter worth $9,566,000. Amundi increased its stake in ZoomInfo Technologies by 724.9% in the first 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. Finally, Norges Bank bought a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $31,428,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

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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