ZoomInfo Technologies (NASDAQ:GTM) Given New $3.00 Price Target at Wells Fargo & Company

ZoomInfo Technologies (NASDAQ:GTMFree Report) had its target price trimmed by Wells Fargo & Company from $3.50 to $3.00 in a report issued on Monday morning,Benzinga reports. The brokerage currently has an underweight rating on the stock.

GTM has been the subject of several other reports. JPMorgan Chase & Co. reduced their price target on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. Citizens Jmp dropped their price objective on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research report on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and set a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. DA Davidson cut their target price on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Finally, Canaccord Genuity Group downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $12.00 to $5.00 in a report on Tuesday, May 12th. One investment 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, the stock currently has an average rating of “Reduce” and an average price target of $5.93.

View Our Latest Stock Report on ZoomInfo Technologies

ZoomInfo Technologies Stock Performance

Shares of GTM stock opened at $3.13 on Monday. The firm has a market cap of $922.47 million, a price-to-earnings ratio of 7.82, a PEG ratio of 0.58 and a beta of 0.87. The company’s 50 day moving average is $3.14 and its 200 day moving average is $5.66. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. ZoomInfo Technologies has a 52-week low of $2.54 and a 52-week high of $12.51.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. The company had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the firm earned $0.23 EPS. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. On average, sell-side analysts anticipate that ZoomInfo Technologies will post 0.81 EPS for the current fiscal year.

Insider Transactions at ZoomInfo Technologies

In other news, Director Domenic Maida purchased 27,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average cost of $3.60 per share, with a total value of $99,000.00. Following the completion of the acquisition, the director owned 66,342 shares of the company’s stock, valued at $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in ZoomInfo Technologies during the 3rd quarter worth $105,000. Swiss Life Asset Management Ltd acquired a new position in ZoomInfo Technologies during the 3rd quarter valued at about $140,000. Allworth Financial LP purchased a new stake in ZoomInfo Technologies in the third quarter valued at about $40,000. New Mexico Educational Retirement Board purchased a new stake in ZoomInfo Technologies in the third quarter valued at about $681,000. Finally, GAMMA Investing LLC acquired a new stake in ZoomInfo Technologies in the fourth quarter worth about $47,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Key Stories Impacting ZoomInfo Technologies

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ZoomInfo Technologies Company Profile

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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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Analyst Recommendations for ZoomInfo Technologies (NASDAQ:GTM)

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